US Navy Destroyer Shows Off New Launcher For Mystery Weapons

Is California Reaching Critical Mass? Authored by Victor Davis Hanson via American Greatness, By any measure, California is a failed state—and a national embarrassment. Taxes? It has the highest income and gas taxes in the nation. Roads? A Reason Foundation survey ranks it 49th among the states. Mass flight? Between 250,000 and 350,000 more Californians leave the state than move in each year. Housing, gas, insurance, and electricity prices? The highest in the continental U.S. Illegal aliens, the poor, the homeless, the foreign-born, and welfare recipients? The largest numbers in the U.S. Public K–12 schools? Test...

Market Leadership Is Narrow, Increasing Summer Risk Authored by Lance Roberts via RealInvestmentAdvice.com, 📈Technical Backdrop – Friday Selloff Tests The Tape The S&P 500 closed Friday at 7,408.50, surrendering Thursday’s historic first close above 7,500 with a 1.24% decline. The semiconductor names that powered the rally became the source of Friday’s selling. Intel fell 5%, Micron 4%, AMD 3%, and Nvidia 4.4%. From a purely technical standpoint, Friday’s reversal was the first real distribution day in three weeks and the mean-reversion signal we have been flagging. The deviation numbers are the story. At 7.0% above the...

Is There More Risk Than Reward In The US–China Summit? Authored by James Gorrie via The Epoch Times (emphasis ours), Do the advantages of the U.S.–China summit still outweigh the disadvantages? Perhaps, but the negative risks are high. President Donald Trump (left) and Chinese leader Xi Jinping shake hands before their meeting at Gimhae International Airport in Busan, South Korea, on Oct. 30, 2025. Mark Schiefelbein/AP Photo The scheduled May 14–15 summit in Beijing between President Donald Trump and Chinese leader Xi Jinping was intended to be a landmark “reset” between the two nations....