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Core Durable Goods Orders Soar Most In 4 Years

Core Durable Goods Orders Soar Most In 4 Years US durable goods orders plummeted 4.5% MoM in May (as expected), dragging orders down 4.3% YoY - the worst annual decline since Nov 2024... Source: Bloomberg However, ex-transports, orders rose 1.4% MoM - up for the 14th straight month - with orders soaring over 10% YoY, the strongest annual surge since May 2022... Adding more confusion, US factory orders fell 1.3% MoM in May (better than the 2.0% MoM decline expected) but dramatically divergent from the 4.8% MoM surge in April (revised down from...
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May 15, 2026 / Tyler Durden
The UN's Architecture To Annihilate The West
The UN's Architecture To Annihilate The West Authored by Amil Imani via AmericanThinker.com, The United Nations functions as a predatory cartel dedicated to the systematic liquidation of national borders. Its agenda demands the total eradication of the nation-state to pave the way for a centralized, unelected global tyranny. The 2018 Global Compact for Safe, Orderly and Regular Migration serves as the executioner’s blade for national sovereignty. This document transforms migration from a matter of domestic policy into a universal human right, stripping citizens of their power to decide who enters their lands. It creates...
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May 9, 2026 / Tyler Durden
Wall Street Keeps Testing AI Traders, But Most Are Still Underperforming
Wall Street Keeps Testing AI Traders, But Most Are Still Underperforming Recent trading competitions suggest large language models are still unreliable portfolio managers, according to Bloomberg. Tests involving models from OpenAI, Anthropic, Google, and xAI have often delivered underwhelming results: many lost money, traded excessively, and made erratic decisions despite receiving identical prompts. In several cases, models appeared unable to stick to coherent strategies for more than a few trading sessions. Bloomberg writes that one of the clearest examples came from Alpha Arena, a competition created by startup Nof1. Eight models were...
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May 28, 2026 / Dave DeCamp
US Treasury Secretary Threatens Oman With Sanctions If It ‘Facilitates Tolls’ for the Strait of Hormuz
US Treasury Secretary Scott Bessent on Thursday threatened to “aggressively” target Oman with sanctions if it was involved in “facilitating tolls” in the Strait of Hormuz, a warning that came after President Trump threatened to “blow up” the country. “The United States Government will not tolerate any effort to impose a tolling system in the […]
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