Is Another Stone Age in the Making?

What 'Compassion' Isn't Authored by Laura Hollis via The Epoch Times (emphasis ours), One of the most frustrating aspects of contemporary conversations about politics and public policy is how often the deleterious effects of terrible programs - local, state and federal - are brushed aside with distracting and even deceitful claims that the intentions behind the policies were "compassionate." This is an utterly wrongheaded analysis for many reasons. Laws, public policies, and government programs should be evaluated by their results, not by the state of mind of their advocates or sponsors. Nathan...

Futures Drop As Yields, Oil Prices Keep Rising Futures are lower - but well off session lows thanks to some well-time oil sell orders just before US traders walked in to work - as bond yields continue to make new highs, with both Nasdaq and Russell lagging the S&P which feels like more de-risking into tomorrow's Fed release. AS of 8:15am ET, S&P and Nasdaq futures are down 0.1% amid premarket weakness in Mag7 with GOOG / META / MSFT all down at least 90bp but NVDA in the...

Nor'easter Hammers East Coast: 62 MPH Gusts Blast Nantucket, High Winds Hit Bethany Beach Folks in the Mid-Atlantic and Northeast are waking up this morning to a power nor'easter with damaging winds, coastal flooding, and heavy rain.  Coastal wind gusts reached 62 mph on Nantucket, 58 mph in Bethany Beach, Delaware, and 55 mph in Chatham, Massachusetts, according to local weather data. New York's JFK Airport recorded a 53 mph gust. Winds are expected to continue through Sunday.  "Powerful nor'easter bringing major coastal flooding & damaging winds to the East Coast," NWS Weather Prediction Center...