Our Problem Isn’t Kings; It’s the Presidency

Another Two Historic Churches Explode Into Flames... Authored by Steve Watson via Modernity News, Two more historic churches are gone. Burned to the ground like hundreds more before them. In downtown Grand Rapids, fire tore through a 133-year-old building owned by LaGrave Avenue Christian Reformed Church late Wednesday night. While in Pennington, Alabama, the Ebenezer Baptist Church - a congregation founded in 1850 - was reduced to a total loss in a late-night blaze days earlier. The official language surrounding the causes is already familiar: under investigation, unknown. The buildings are not coming...

Xi Says "Global Order Crumbling Into Disarray" As Trump Turns Up Pressure Campaign On China President Trump's four-and-a-half-month crusade across the Western Hemisphere, and now into the Middle East, increasingly looks like a massive blitz to acquire - or control - energy assets and maritime chokepoints as part of a broader economic pressure campaign against China, which depends heavily on the Gulf and Venezuelan crude.  "Chokepoint after chokepoint: the administration is methodically building a portfolio of assets that they are stacking against China: the Panama Canal, which is the only exit...

The AI Capex Bill Comes Due Authored by Lance Roberts via RealInvestmentAdvice.com, The S&P 500 spent most of the year riding above its 50-day moving average, and we have warned for the last couple of weeks that a break lower would be worth paying attention to. That break occurred on Thursday, as the index closed the week at 7,411.98, roughly 0.8% below the 50-DMA at 7,467, marking its first decisive break below that line in months. Momentum has clearly rolled over. The 14-day RSI sits in the mid-40s, below the neutral 50...