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"Optimism Has Picked Up": Retail Operators See Consumer Relief After Gas Prices Tumble
"Optimism Has Picked Up": Retail Operators See Consumer Relief After Gas Prices Tumble
As soon as the national average for 87-octane gasoline at the pump dipped below the politically sensitive $4-a-gallon level early last week, we observed multiple institutional desks begin to forecast that the light at the end of the tunnel was beginning to materialize for consumers, especially working-class households that have been financially battered by surging fuel prices over the past several months.
UBS analyst Mark Paski told clients about "early signs of a turn in U.S. consumer discretionary."
Then,...
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Mar 20, 2026 / Tyler Durden
John Fetterman Reveals Who's Really The Leader Of His Party
John Fetterman Reveals Who's Really The Leader Of His Party
Sen. John Fetterman (D-Pa.) sat down for an interview on the "All-In Podcast" this week and made a telling admission about the Democratic Party.
When co-host David Friedberg asked Fetterman point-blank, "Who do you think leads the Democratic Party today?" the Pennsylvania senator didn't flinch. "Oh, we don't have one," he said. "I think the TDS, that's the leader right now. You know, right now our party is governed by the TDS.”
Fetterman then described what that governance actually looks like in...
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Mar 23, 2026 / Michael Matulef
Scarcity and the Machine: Opportunity Cost in the Age of Artificial Intelligence
For more than two centuries, the doomsday crowd has claimed that capital development will create mass unemployment. And for two centuries, they have been wrong. The same goes for artificial intelligence.
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May 2, 2026 / Tyler Durden
Berkshire Cash Hits A Record $397 Billion As Company Sells Most Stocks In 2 Years
Berkshire Cash Hits A Record $397 Billion As Company Sells Most Stocks In 2 Years
The head of Berkshire may be new, but nothing has changed in the business model.
In Berkshire's first quarter Greg under Abel, who succeeded Buffett in January as Berkshire's chief executive, the company on Saturday reported a higher first-quarter operating profit even as economic uncertainty weighed on several of its consumer-oriented businesses. The Omaha, Nebraska-based conglomerate built by Warren Buffett and now led by Greg Abel also reported a record cash level, reflecting continuing difficulty finding investments...
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