Political Polarization Particularly Strong In The US

Buffett Cash Hoard: Why $397 Billion Sits On The Sidelines Authored by Lance Roberts via RealInvestmentAdvice.com, $397 billion. That’s how much “Buffett cash” now sits on Berkshire Hathaway’s balance sheet after Greg Abel’s first quarter as CEO. Warren Buffett left $373 billion behind when he stepped down at the end of 2025. Three months later, after Abel’s debut earnings report on Saturday, the hoard had grown by another $24 billion. The figure is bigger than the GDP of Hong Kong or Norway. It exceeds the market value of every American corporation except...

Futures, Bonds Surge On Optimism War May End, Oil Tumbles Below $100 Futures and bonds jump and oil fell, sending Brent briefly below $100 a barrel, as the de-escalation/technical/macro led relief rally continues on hopes of the Middle East conflict reaching an end soon  after Donald Trump said he expects the war in Iran to end in two to three weeks, and indicated that it was possible that Iran could still reach a deal with the US during that timeframe. Trump has a national address tonight at 9pm ET to...

Everybody Knows Authored by James Howard Kunstler, “I underestimated how emotionally committed much of the press is to rallying around Anthony Fauci. His reputation is more important to them than anything. . .” - Matt Taibbi The baleful afterburn of Dr. Fauci’s one-sentence testimony (“On the advice of counsel, I respectfully decline to answer. . . .”) seeps over the land like some ghastly pestilence now. You couldn’t have seen a more vivid demonstration of manifest evil than the master bureaucratic grifter formerly self-styled as “The Science” stonewall his way through that fateful...