Netanyahu Admits Israel Is Taking More Territory in Gaza in Violation of Ceasefire Deal

Is Credit Whispering, Or Screaming? By Peter Tchir of Academy Securities Is Credit Whispering? Or Screaming? For the past couple of years, it has been relatively safe to assume credit is well behaved and relatively range bound. It is unclear if that remains the case. We may be in a situation where the AI spend, the AI displacement, and the Working Poor are forming a storm of some sort. How severe remains to be seen, but for the first time in a while it is a real concern for me. My inclination has been...

Weingarten Blames Screens, Not Herself, For Falling Test Scores Authored by Aaron Withe and Tina Snider via RealClearPolitics, American Federation of Teachers President Randi Weingarten is sounding the alarm about the decade-long decline in student test scores, pointing to screens and devices as a culprit. She's calling it a "call to action." She left out the part about how she helped cause the problem in the first place. For two years during the COVID pandemic, Weingarten and the AFT fought aggressively to keep schools closed. In July 2020, as the Trump administration urged...

Beijing Preps For Currency Wars Authored by James Rickards via The Daily Reckoning, The fact that China has a large quantity of gold in its official reserve position is not news. China's gold reserves have been rising substantially since 2009. At that time, China's official gold reserves were 1,054 metric tonnes (mt). Today, those reserves stand at approximately 2,366 mt, an increase of about 124%. But that does not tell the whole story. The official reserves are reported by the People's Bank of China (PBOC), the Chinese central bank. But China may also...