Peak Lobotomized American Consumer

Everyone Wants Nuclear Power, Nobody Wants Nuclear Stocks: Inside The Great Uprate Rush On Monday, X-energy (XE) signed its second Amazon-backed reactor project in the US, a 960MW, 12-unit plant on the site of a retired AEP coal plant in Indiana. The same day, its stock sat at $10.36, the bottom of its 52-week range and 71% below its high. That, in one sentence, is the state of the nuclear renaissance in October 2026: the customers have never been bigger, and the shareholders have never been more nervous. Regular readers know we...

Crop Prices Hit 3-Year High As Heat & War Stoke Supply Fears; Options Whale Places $20M Corn Bet The Bloomberg Agriculture Spot Index (BCOMAGSP) climbed to a three-year high Wednesday as widening conflict across critical energy and grain trade corridors, from the Black Sea to the Strait of Hormuz and the southern Red Sea, collided with scorching heat waves across Europe and the US and mounting El Niño risks in critical agri growing belts, reviving the threat of global food inflation. BCOMAGSP is a dollar-denominated benchmark that tracks 10 major agricultural...

US-backed Saudi airstrikes pounded targets across Ansar Allah-controlled Yemen on Wednesday, killing at least 12 civilians, including six children, according to the Health Ministry within the Sanaa-based Ansar Allah-led Yemeni government. The majority of the casualties occurred in the southwestern Taiz province, where a Saudi airstrike hit a civilian home in the Hayfan District. According […]