If This Is Winning, America Can’t Afford Much More of It

Vertically Integrated Nations, Production For Security, And Rate Cuts Submitted by Peter Tchir of Academy Securities Let’s start with the important stuff: Hope you are having a great 4th of July 250th Anniversary Weekend. Yields gained back some ground after the relatively weak jobs report (headline plus revisions was negative, the private sector underwhelmed, and unemployment only dropped because the labor force participation rate dropped by a relatively large 0.3%). I will continue to pound the table (or rant and rave as the case may be) that this Fed Will Cut Rates...

Being A Pedophile Now Not Enough To Warrant Deportation Authored by Steve Watson via Modernity.news, A convicted paedophile migrant who failed to disclose his child sex offence when applying to stay in Britain has won an appeal against deportation – because a judge ruled the omission was simply an “honest mistake.” YES, REALLY. Edi Cardoso Ramos, who was convicted in Portugal of molesting a five-year-old child, can now fight to remain in the UK after the Upper Tribunal accepted his explanation that he thought the immigration form only asked about UK convictions.  Paedophile migrant...

The Persian Gulf is the jugular vein of global oil supply. Roughly one-fifth of all oil traded on earth transits the Strait of Hormuz. Since the war picked back up on February 28th, data reported to Goldman Sachs show an estimated hit to Persian Gulf oil exports that has since reached approximately 16% of global […]