Trump’s Embrace of Economic Leftism Will Destroy the Legacy He’s Desperately Trying to Build

Consumer Credit Grows Less Than Expected On Subdued Credit Card Usage While the monthly jobs report has become a veritable economic random number generator, with every monthly print coming either well below or above the forecast stack, the weekly initial claims report has become its foil - a study in boring reporting, with numbers barely budging week to week, and usually falling right on top of Wall Street estimates. A similar dynamic is emerging for the monthly consumer credit report: following a volatile 2025, when revolving credit swung around wildly...

Israeli National Security Minister Itamar Ben-Gvir fueled international condemnation with his calls over that weekend for all of Lebanon to “burn,” with the European Union declaring such rhetoric to be “unacceptable.” Unsurprisingly, Ben-Gvir continued to make statements likely to garner such attention, as on Monday he not only demanded that the government reject any call […]

Welcome To The Theater Of The Absurd Authored by Charles Hugh Smith via OfTwoMinds blog, The real world no longer matters, what matters is the performance on stage. Welcome to the Theater of the Absurd. In the present era, all the world is a stage and everything is a performance on that stage: welcome to the Theater of the Absurd, a Hollywood set fabricated of cardboard and plaster made to look like gold leaf and marble columns, where the contraptions and ropes that do the magic are hidden behind purple velvet drapery. Every detail has...