Elites And Their Contempt

Nearly 3 In 10 New-Car Trade-Ins Are Underwater, Edmunds Finds Authored by Bill Pan via The Epoch Times,Almost three in 10 vehicles traded toward a new car are worth less than the amount still owed on their loans, a new report suggests.In the third quarter of 2026, about 29.1 percent of trade-ins with outstanding loans carried negative equity, according to an Oct. 21 analysis by car-shopping platform Edmunds. That was down from 30.9 percent at the beginning of the year but above 28.1 percent in the same quarter of 2025.While...

"Calm Before The Storm?" UBS Warns Of Stock Market Turbulence As Midterms Loom "This may be the calm before the storm," UBS chief economist Arend Kapteyn wrote in a note on Wednesday morning. Kapteyn is referring to a historically turbulent stretch for equity markets ahead of midterm elections, which threatens to amplify the seasonal rise in market volatility. "Indeed, since 1928, these have been the most volatile months of the calendar, with volatility increasing in both election and non-election years before falling sharply thereafter," Kapteyn continued. Since 1950, the president's party has lost...

Thomas Cromwell was the Lord Chancellor of England for much of the reign of King Henry VIII. He engineered the convictions and executions of many whom Henry wanted out of the way, including his two predecessors in office — one of whom was St. Thomas More — and even the king’s second wife, Queen Anne. […]