Federal Agents Seize 500 Pounds Of Cocaine From Oil Tanker

Viewing the Declaration of Independence as the act that created one consolidated American nation is a common historical anachronism, which projects a later nationalist understanding backward onto the founding era.

Japan, Bretton Woods 2.0, & The End Of The Carry Era Japanese Finance Minister Satsuki Katayama is set to announce as early as Monday that Tokyo and Washington are coordinating on steps in the foreign exchange market to curb the yen’s weakness, a person familiar with the situation told Bloomberg. Satsuki Katayama The content of the announcement is still being worked on but could happen as early as Monday morning, the person said, declining to be identified as the information isn’t public. Reuters earlier reported Katayama would confirm the joint action, and reinforce the two sides’ commitment...

Morgan Stanley Projects SpaceX Revenue Hitting Stratospheric $3.4 Trillion In 2040, $2.7 Trillion In EBITDA Yesterday we shared a forensic analysis of the mechanics of the $75 billion SpaceX IPO and how to trade it, while specifically saying we are leaving the fundamentals aside. The reason for that is that the historicals of the company are, to put it mildly, problematic when it comes to projecting how the company grows into a multi-trillion behemoth.  As a reminder, SpaceX posted revenue of just under $20 billion for the LTM period, with approximately...