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No Country for Old Probability Theorists
Thoughts on risk, uncertainty, and economic action.
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Oct 22, 2026 / Tyler Durden
Increasingly Toxic To Candidates, Pro-Israel AIPAC Retreats From Endorsements And Direct Donations
Increasingly Toxic To Candidates, Pro-Israel AIPAC Retreats From Endorsements And Direct Donations
In the latest indication that a sea change is underway where US support of Israel is concerned, the American Israel Public Affairs Committee (AIPAC) on Wednesday announced it will stop endorsing political candidates and directly contributing to their campaigns and PACs. The move reflects a new political environment in which the receipt of AIPAC money and endorsements is now being exploited as a major political liability.
AIPAC isn't abandoning the political battlefield, but is choosing to emphasize stealthy means...
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Aug 5, 2026 / Tyler Durden
Middle East War Triggers New Global Refining Boom
Middle East War Triggers New Global Refining Boom
Submitted By Tsvetana Paraskova of OilPrice.com
For the second time this decade, a war has upended global oil markets and sent oil prices and refining margins to multi-year highs, benefiting the world’s biggest oil companies and top refiners.
The war in Iran has tightened fuel supply as crude oil has struggled to move through the Strait of Hormuz, triggering reduced refining throughput in Asia and a temporary Chinese ban on exports. The fuel markets tightened even more than the crude market to send refining...
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Feb 20, 2026 / Tyler Durden
Steven Spielberg Flees California Amid Raging Wealth Tax Battle
Steven Spielberg Flees California Amid Raging Wealth Tax Battle
Another day, another rich liberal leaving a state over policies they promoted.
In today's episode of modern hypocrisy, Steven Spielberg, director of blockbuster hits like Jaws, E.T., Poltergeist and Saving Private Ryan, has moved to Manhattan, according to the Los Angeles Times. A spokesperson for one of Hollywood’s most reliable Democrat Party donors was quick to insist the relocation has nothing to do with California’s highly controversial wealth tax proposal.
“Steven’s move to the East Coast is both long-planned and driven purely by his and...
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