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The AI Transition: Even Dinosaurs Weren't Stupid Enough To Create Their Own Extinction Event

The AI Transition: Even Dinosaurs Weren't Stupid Enough To Create Their Own Extinction Event By Peter Tchir of Academy Securities A Bridge Too Far? The AI TRANSITioN? Last weekend we discussed Molotov Cocktails, Volatility, Stability, & Faux Liquidity. In a nutshell, it was about: The transition from one steady state to another steady state can be volatile. A rules-based world, dependent on trade, to a ProSec-based world where each country operates more independently. The transition from a pre-AI world to an AI world. Faux liquidity – or our assessment that market structure is set up to...
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Mar 23, 2026 / Tyler Durden
Chicago Approves 19% Hotel Tax To Fund Tourism Push
Chicago Approves 19% Hotel Tax To Fund Tourism Push The Chicago City Council has approved a plan to boost tourism marketing by raising hotel taxes. Under Ordinance 2026-0022544, the total tax rate on hotel rooms will increase from 17.5% to 19% in downtown and nearby areas, according to Fox News. The higher rate will apply to hotels with more than 100 rooms that choose to participate. The report says that alongside the tax increase, the council created a Tourism Improvement District (TID) to fund Choose Chicago, the city’s tourism marketing organization. Revenue...
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May 6, 2026 / Dave DeCamp
US Fires Tomahawk Missile Using Typhon Launcher in the Philippines in Provocation Aimed at China
The US fired a Tomahawk missile in the Philippines from its new Typhon launcher for the first time during Washington and Manila’s annual Balikatan Exercise, a major provocation aimed at China. The Typhon, also known as the Strategic Mid-Range Fire System, was developed by the US after it withdrew from the Intermediate-Range Nuclear Forces (INF) […]
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Mar 4, 2026 / Jason Ditz
Syria Masses Troops Along Lebanon Border, Closes Crossing for Departure
As Lebanon comes under growing attack by Israel, tens of thousands of Syrian refugees who had fled to Lebanon are finding themselves scrambling to return home. The Islamist government in Syria has reported some 40,000 people have crossed back in from Lebanon in recent days. At the same time this is going on, Syria is […]
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