More Wars and Rumors of Wars

Jet-Ski Maker Crashes Most On Record As "Mind-Blowing" Tariff-Hit Sparks Worst-Case Scenario Fears BRP's US-listed shares crashed the most on record as the US cash session began, after the jet ski and snowmobile maker withdrew its financial outlook. The company warned that changes in the US tariff environment surrounding steel, aluminum, and copper could result in a $500 million hit before any mitigation efforts. BRP wrote in a statement: For BRP, the amendment mainly leads to a 25% tariff on the total value of imported snowmobiles and the majority of ORV models, replacing the...

Stocks Fall, Oil And Rates Rise As Inflation "Roars Back" US equity futures and bonds were lower as oil climbed, with a key inflation report showing the impacts of higher energy and supply disruptions stemming from the war in Iran. Stocks are poised to fall from all-time highs after the core CPI rose more than expected in April. As of 9:15am S&P futures ewere down 0.2% and Nasdaq futures dropped 0.7% as a slide in chipmakers and big tech names dragged down the market in early US hours. In premarket trading, all Mag 7 stocks were lower. Treasury...

Black Activism In America Has Become Cultural Poison Much like the feminist movement (or any leftist movement), black rights activism in America has mutated from its original form into something bizarre and monstrous.  Civil rights conflicts tend to be born from legitimate grievances if a society's intention is to create general "equality" under the law.  But this is only the surface view, the lipstick, the young and naive version of what these movements are all about. They appeal to the western sense of honor, reason and fairness. However, there is...