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Jobless Claims Hover Near Record Lows Sustaining 'No Hire, No Fire' Narrative
Jobless Claims Hover Near Record Lows Sustaining 'No Hire, No Fire' Narrative
The number of Americans filing for unemployment benefits for the first time was flat from the prior week at 210.5k (215k exp). Simply put, these numbers are hovering near their lowest levels since 1969...
Source: Bloomberg
Continuing claims also printed below expectations at 1.819 million Americans. This is the lowest level since May 2024...
Source: Bloomberg
Finally, as a reminder, sentiment surveys suggest the labor market is bifurcated with 'jobs hard to get' but joblessness not surging...
Source: Bloomberg
That chart reinforces the 'no...
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Feb 26, 2026 / Tyler Durden
World Economic Forum Boss Borge Brende Quits As Epstein Fallout Deepens
World Economic Forum Boss Borge Brende Quits As Epstein Fallout Deepens
The Jeffrey Epstein fallout continues to spread across the corporate and political worlds, with new headlines daily. Bill Gates told foundation staff earlier this week, "I did nothing illicit." Goldman Sachs' top lawyer, Kathy Ruemmler, stepped down last week over her ties, and former Prince Andrew was arrested on suspicion of misconduct related to sending Epstein trade documents.
Now, the World Economic Forum chief executive, Børge Brende, is stepping down following an investigation by the organization into his connections...
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Mar 21, 2026 / Tyler Durden
Phantom Ayatollah? Iran's New Supreme Leader Has Never Been Seen Since Taking Office
Phantom Ayatollah? Iran's New Supreme Leader Has Never Been Seen Since Taking Office
Amid widespread reporting that Iran had long ago moved into a emergency wartime decentralized command among autonomously-acting units, serious questions persist as to the role of Supreme Leader Mojtaba Khamenei, who replaced his slain father, longtime leader Ali Khamenei.
What's clear is that the new, younger Khamenei - who may have been wounded in the early days of US-Israeli strikes, hasn't been seen in any public way, not even on TV, throughout the war. There have not so...
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Mar 11, 2026 / Marcos Giansante
Fiscal Responsibility, Formalization, and the Modern Fiscal State
In a genuinely liberal framework, limited government, fiscal restraint, and legal clarity are not episodic accomplishments. They are the enduring foundations of a social order.
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