Project No Spank Essential Reading List

"Awful News": Nintendo Shares Get 'Donkey Konged' After Switch 2 Production Cut Nintendo shares in Tokyo tumbled overnight after Bloomberg reported that the gaming company has slashed production of the Switch 2 handheld amid soft holiday-season demand and underwhelming U.S. sales. *NINTENDO CUTS SWITCH 2 OUTPUT BY OVER 30% ON WEAK HOLIDAY SALES wait, wasn't this thing supposed to be as popular as chatgpt? — zerohedge (@zerohedge) March 24, 2026 Nintendo is expected to produce 4 million Switch 2 units instead of the originally planned 6 million, with the lower production rate expected to...

Iran War Triggers Jump In Americans' Inflation Expectations, Slump In Sentiment While the preliminary UMich survey was undertaken between February 17 and March 9, with about half completed after the start of the US military conflict in Iran, today's final print includes the full month with all the conflict's escalations (and de-escalations). Expectations were for the headline sentiment index to tumble with expectations projected to fall most and consensus was right with the expectations tumbling from 54.1 to  51.7 and current conditions down from 57.8 to 55.8 (worse than expected). Put together, the...

Futures, Global Markets Rise With US Markets Closed For President's Day Stocks gained, bitcoin tumbled and bonds steadied after Friday's cool CPI data reinforced expectations that the Fed will cut interest rates on multiple occasions this year. With US markets closed for the Presidents’ Day holiday and mainland China’s markets closed for Lunar New Year holidays, trading was muted on Monday. As of 9:00am ET, futures on the S&P 500 added 0.4% and Europe’s Stoxx 600 index rose 0.4% as banking shares rebounded from a sharp decline last week. German bunds and Treasury futures were steady after US...