The Case Against the “Free Bankers”

"From Orderly Selloff, To Panic": Stocks, Bonds Plunge As Oil, Dollar Soar On Iran War US equity futures are down sharply, along with all global markets, as the Iran war expands and escalates (attack on US embassy in Saudi Arabia; uncertainty over duration of Strait of Hormuz closure; targeting non-military infra / businesses) rattling markets and sending oil and the dollar surging. Global bonds also plunge on fears that Trump’s “whatever it takes” vow on Iran will fuel energy prices and inflation. As of 8:00am ET, S&P futures are down 1.4%, off...

Scientists Reveal Time Travel Could Work Authored by Steve Watson via Modernity.news, Researchers have proposed a theoretical approach that could allow messages to be sent into the past using principles from quantum mechanics. Indeed, it could be happening right now already! The concept does not enable physical travel through time but focuses on information transfer through causal loops at the quantum scale. The work, accepted for publication in Physical Review Letters, builds on ideas from general relativity and quantum entanglement.  A technique inspired by the film Interstellar suggests a new way of communicating backwards in time, but it...

Jobless Claims & JOLTs Confirm 'Higher Hire, No Fire' Economy With JOLTs data showing record hiring (and ADP signaling acceleration in job additions), today we get some signal on firings as the number of Americans filing for unemployment benefits for the first time was at 200k last week (below the 205k exp) and continuing to languish near multi-decade lows (near 1967 lows!!)... Source: Bloomberg Non-seasonally adjusted across all the states saw a 299k drop in claims led by Rhode Island and Arizona (California and Michigan saw the biggest increases)... Continuing jobless claims also...