Remember: In A Crisis, Everyone Will Consider Themselves 'The Good Guys'

Labor Shock: US Adds 162K Jobs In August, 4-Sigma Beat And Above Highest Forecast In our jobs report preview we quoted JPM's Market Intel desk which said that today's August payrolls number will be a case of "good news is bad news", and sure enough futures are sliding  and yields surging after moments ago the BLS reported that in August, the US added a whopping 162K jobs, up from an upward revised 21K (July is no longer negative -23K), and the second highest monthly increase of 2026 (only March was higher)... ......

Tennessee Considers Up To 26 GW Of Gas-Fired Generation By Diana DiGangi of UtilityDive The Tennessee Valley Authority released its preliminary 2026 integrated resource plan on Monday, saying load growth in its footprint is already outpacing the reference case forecast in its draft IRP, and that it has incremental capacity needs for between 7 GW and 26 GW of natural gas between now and 2040. “TVA’s actual and forecasted electricity demand has increased relative to the draft IRP’s Reference scenario and is approaching the Higher Growth Economy scenario primarily due to data center...

Judge Says Updated National Firearms Act Violates Constitution Authored by Michael Clements via The Epoch Times, A federal judge ruled on Wednesday that the registration and approval requirements for suppressors, short-barreled rifles, and short-barreled shotguns in the National Firearms Act (NFA) are unconstitutional. In the case of Silencer Shop Foundation v. Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF), U.S. District Court Judge James Wesley Hendrix found that the requirements exceeded Congress’s constitutional authority once the NFA’s taxes on making or transferring those arms were eliminated. The taxes were reduced to zero...