War, Oil And Debt: Which Threats To The US Economy Are Legit?

TACO Vs TAW: Fade This (Equity) Rally Authored by Peter Tchir via Academy Securities, Ceasefire? The U.S., via Pakistan, and apparently consistent with negotiations being carried out by Witkoff and Kushner, has delivered a 15 point agreement for a ceasefire. Markets responded with oil down (Brent futures, at 5:30 am are back down below $100, from a high of $105 on Tuesday). Stock futures and treasuries are rebounding as well (even the 2-year, after the drubbing it took after yesterday’s auction noticeable for an absence of “direct” bids). Many of the Polymarket Strait of Hormuz “prediction”...

VDH: Our New Ungracious Immigrants Authored by Victor Davis Hanson via American Greatness, The Traditional Immigrant Silicon Valley was energized by legal immigrants from all over the world who founded eBay, Google, Nvidia, SpaceX, Stripe, Sun Microsystems, Tesla, Yahoo, and a host of others. The Greek American Elia Kazan’s 1963 film America, America is a fictional account based on the Herculean struggle of the director’s uncle to immigrate to the United States from an impoverished and hostile Turkish Anatolia. The film summed up Americans’ traditional view of immigrants: They had risked everything for the chance to...

America's Half-Trillion-Dollar Sewage Problem Authored by Autumn Spredemann via The Epoch Times (emphasis ours), Beneath city streets and suburban neighborhoods, a vast network of pipes and wastewater treatment systems is reaching the end of its life. This subterranean infrastructure is already suffering tens of thousands of failures per year, while exposing millions of Americans to contamination risks. Utilities, plumbing experts, and environmentalists warn that the scope of the problem has expanded rapidly in recent years. As of 2024, the Environmental Protection Agency (EPA) estimated that $630 billion in wastewater infrastructure investment would...