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Early Returns Show Surprises In California As Other States Wrap Up
Early Returns Show Surprises In California As Other States Wrap Up
Update (0030ET): Voters in six states went to the polls today for key primaries. While many races followed expectations, California delivered notable early drama with slow-counting mail ballots still to come.
California Governor (Top-Two Primary)
The race to replace term-limited Gov. Gavin Newsom remains the biggest story. In a crowded nonpartisan jungle primary, early returns (approx. 45-50% counted) show:
Steve Hilton (R) leading at ~26.7%
Xavier Becerra (D) close behind at ~25.8%
Tom Steyer (D) trailing at ~19.6%
Chad Bianco (R) is further back. If trends...
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Aug 20, 2026 / Tyler Durden
Of Anchovies And Blueberries – Why El Niño Matters
Of Anchovies And Blueberries – Why El Niño Matters
Authored by Nick Smallwood via BondVigilantes.com,
Why aren’t we talking more about El Niño?
After an exceptionally hot, dry summer in Western Europe and elsewhere, climate discussions proliferate. But neither mainstream media nor markets seem to be seriously discussing the risks and opportunities presented by what scientists appear to agree will be a “super El Niño”.
In a world where food supplies have already been curtailed by the Russia-Ukraine conflict (especially wheat and sunflower oil), and where next year’s crop yields could be hit by the high price and/or...
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Feb 18, 2026 / Tyler Durden
Three Key Constraints That Could Derail The Data Center Buildout Story
Three Key Constraints That Could Derail The Data Center Buildout Story
The data center investment macro story centers on hyperscalers such as Microsoft, Alphabet, Meta, and Amazon Web Services, whose massive cloud computing services are becoming the backbone for AI workloads, including ChatGPT and others. However, as we've previously noted, the data center buildout has run into supply-chain snarls, including memory chip shortages, power-grid constraints, and even a shortage of turbine blades for natural-gas generators.
The data center boom powering the AI revolution is certaintly impressive to watch unfold, but it...
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Sep 5, 2026 / Tyler Durden
Thank You Rick Santelli, You Legend
Thank You Rick Santelli, You Legend
Submitted by QTR's Fringe Finance
It was announced this past week that Rick Santelli will be retiring next month.
So today I offer a tribute to perhaps the last man standing on CNBC with a functioning economics textbook, and one of the few figures in financial media who could simply tell you that one plus one equaled two without disappearing into an academic sounding, postmodern, jargon filled bullshit word salad that somehow ended with the conclusion that paying a quadrillion dollars a day in interest on...
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