Trump Torches MAGA — Blasts His Biggest (Now Former) Supporters

Our Post-Truth, Post-Trust World Authored by Charles Hugh Smith via OfTwoMinds blog, A system that comes to depend on synthetic signaling for its "information" is doomed to Model Collapse, as its signaling has completely detached from the real world. That we inhabit a post-truth world seems to accepted wisdom. But that's only half of it. We also live in a post-trust world. In a post-truth world, everything is shaped by the implicit goals of the entity claiming to state the "truth," as the entire point of claiming to state the "truth" is to persuade the target populace...

Feds Clear Path To Keep California's Last Nuclear Power Plant Open For 20 More Years Federal regulators have approved keeping the Diablo Canyon nuclear plant running for decades longer, granting 20-year license renewals for its two reactors, according to Yahoo/San Fran Chronicle.  Located on the San Luis Obispo County coast, Unit 1 is now cleared to operate through 2044 and Unit 2 through 2045. The decision marks a significant win for Gov. Gavin Newsom, who pushed in 2022 to delay the facility’s closure in order to avoid power shortages during California’s transition...

Calm Market Waters Hide Fierce Undercurrents Authored by Michael Lebowitz via RealInvestmentAdvice.com, The price movement in the broad S&P 500 index is relatively calm. Yet the market’s undercurrent, as measured by sharply diverging returns across stock sectors and factors, is anything but calm. The current market picture we paint is well embodied by a quote from Jules Verne in 20,000 Leagues Under the Sea. “The sea was perfectly calm; scarcely a ripple disturbed its surface. But beneath this tranquil exterior, powerful currents were flowing with irresistible force.” Given this divergence between the calm...