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US PMIs Lead The World As Manufacturing Tops 4-Year Highs, Services Sink
US PMIs Lead The World As Manufacturing Tops 4-Year Highs, Services Sink
Following Japan's ugly PMIs (Services lowest since March 2025) and Europe's disaster (weakest composite EU PMI since late 2023)...
...with prices surging...
All eyes are on the US 'soft' survey data for signs of divergence (or contagion).
With US 'hard' data improving notably, the preliminary soft survey data for May was mixed with improved performance in manufacturing was countered by a sluggish service sector.
Flash US Services PMI Business Activity Index: 50.9 (April: 51.0). 2-month low.
Flash US Manufacturing PMI: 55.3 (April:...
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Sep 12, 2026 / Tyler Durden
No Secretary Bessent, We Aren't Magically Growing Our Way Out Of Debt
No Secretary Bessent, We Aren't Magically Growing Our Way Out Of Debt
Authored by Vincent Cook via The Mises Institute,
As the official federal debt hit the $40 trillion mark and attracted a lot of negative publicity, Treasury Secretary Scott Bessent tried to reassure CNBC's Sara Eisen in an August 20 interview that there is nothing to worry about:
Well, yes, I mean, look, Sara, there's nothing magic about the $40 trillion number. And we can grow our way out of that. So, but what we do want to signal is, I...
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May 29, 2026 / Tyler Durden
Repeat Speeders In Washington Could Soon Have Cars Electronically Restricted
Repeat Speeders In Washington Could Soon Have Cars Electronically Restricted
Washington state has approved a new law targeting drivers with serious speeding violations by requiring them to use speed-limiting technology before regaining limited driving privileges, according to Slashgear.
The measure, House Bill 1596 — also called the BEAM Act — was created in response to a fatal 2024 crash that killed Boyd Buster Brown, Eloise Wilcoxson, Andrea Smith Hudson, and Matilda Wilcoxson.
Beginning in January 2029, drivers whose licenses were suspended for reckless driving or excessive speeding will need to install an...
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Sep 6, 2026 / Tyler Durden
Freedom Is Much More Important Than Democracy
Freedom Is Much More Important Than Democracy
Authored by J.B. Shurk via American Thinker,
Democracy invites despotism. When understood as majority rule, democracy means that fifty-one of every hundred citizens can have their way with the other forty-nine.
"But I want to keep my possessions, weapons, and children." Too bad, the majority have decided to redistribute your property to those lazy bums over there, disarm you before you can do anything about it, and indoctrinate your children in public schools, so that they learn to resent you and love the State.
Democracy is...
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