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Iconic American Beer Brand Discontinued After 177 Years
Iconic American Beer Brand Discontinued After 177 Years
Schlitz Premium, the storied lager once billed as “the beer that made Milwaukee famous,” is heading into retirement. Pabst Brewing Co. confirmed this week it is placing the brand on indefinite hiatus, ending production of the nearly two-century-old beer label founded in Milwaukee in 1849 that grew into one of America’s most iconic brews.
The decision, driven by rising storage and shipping costs amid softening demand for the value-priced brand, marks the latest chapter in a turbulent corporate saga. Wisconsin Brewing Co. in...
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Apr 22, 2026 / Tyler Durden
China "Aggressively" Selling Oil In Recent Weeks
China "Aggressively" Selling Oil In Recent Weeks
We knew there was a reason why China had accumulated a cool 1.5 billion barrels in its strategic petroleum reserve: the reason, to become the world's strategist petroleum reserve when the time arises... for a price of course.
According to the chief executive officer of commodity trader Mercuria, Chinese oil companies have been aggressive sellers in recent weeks, selling barrels to several nations in tenders.
“What has been happening in the last two or three weeks is actually they have been aggressively selling crude oil,” Mercuria...
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Apr 5, 2026 / Tyler Durden
"Open The F**kin' Strait": Trump Blasts Iran As IEA Head Warns Of Panic Fuel Hoarding In Asia
"Open The F**kin' Strait": Trump Blasts Iran As IEA Head Warns Of Panic Fuel Hoarding In Asia
International Energy Agency chief Fatih Birol told the Financial Times this weekend that governments must avoid panic hoarding and refrain from imposing fuel export bans as the Gulf energy shock ripples outward to Asia, Africa, Europe, and eventually reaches the US West Coast.
"I urge all countries not to impose bans or restrictions on exports," Fatih Birol emphasized in the interview. "It is the worst time when you look at the global oil markets....
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Feb 26, 2026 / Tyler Durden
Hindenburg Alarm: Another Rotation Or Worse?
Hindenburg Alarm: Another Rotation Or Worse?
Via RealInvestmentAdvice.com,
In early November, we sounded the alarm about a recent Hindenburg Omen. Per the Commentary’s summary:
Bottom line: market breadth is horrendous and will likely lead to a rotation favoring out-of-favor sectors and stocks.
Thus, it’s not surprising that the Hindenburg Omen was triggered. If we continue to see more of these Omens, the threat of a drawdown grows.
At the time, Mega-Cap stocks were grossly outperforming the market, while many sectors lagged the market.
Since that Hindenburg Alarm, our expectations have come to fruition. We have, in fact,...
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