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Kevin Warsh’s Impossible Mission
After Kevin Warsh was confirmed as Federal Reserve chairman last week, he received a stark reminder of the challenges facing the central bank. The reminder came in the form of a worldwide surge in the interest rates paid by government bonds. The surge followed the spike in oil prices caused by the Iran War. The […]
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Jun 3, 2026 / Tyler Durden
Never Let Politicians Decide What Is True
Never Let Politicians Decide What Is True
Authored by J.B. Shurk via American Thinker,
We are living through an age that has abandoned the dedicated pursuit of truth. Our politicians and news personalities talk about "the narrative." Our academies teach young minds to accept "expert opinion." Our philosophers argue that truth is "subjective." Social theorists argue that truth is an "illusion" that powerful people use to control others.
Whenever I hear Democrat Senator Cory Booker all riled up on television, he's talking about "her truth," "his truth," or even "their truth" -...
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May 13, 2026 / Dave DeCamp
Israel Has Killed 120 Palestinians in Gaza Since Start of Ceasefire With Iran
Israeli attacks in Gaza have significantly escalated since Israel halted strikes on Iran under the ceasefire that started on April 8, Reuters reported on Wednesday, citing data from Gaza’s Health Ministry and the conflict monitor Armed Conflict Location and Event Data (ACLED). According to the Health Ministry numbers, since April 8, Israeli attacks in the […]
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Jul 8, 2026 / Tyler Durden
FOMC Minutes Show 'A Few' Fed Members Wanted To Hike In June, 'Majority' Fear Higher Inflation
FOMC Minutes Show 'A Few' Fed Members Wanted To Hike In June, 'Majority' Fear Higher Inflation
Tl;dr: The minutes underscored a more hawkish tone on inflation. UBS traders noted that most participants cited scenarios in which price pressures could remain elevated, including stronger AI-related demand, the ongoing Middle East conflict and tariffs. In those cases, nearly all of those officials said some additional policy tightening would likely be warranted. Fed staff raised their inflation outlook for 2026 and 2027 compared with the April forecast, reflecting the effects of the Middle East...
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