The Low VIX Hides Fierce Undercurrents

"Both Parties Are Whirling Around The Drain Of Extinction..." Authored by Jim Kunstler, “A sane society cannot debate its way out of psychosis. It must diagnose the patient with lethal precision and restore the ancient boundary between the mad and the free.” - LHGrey on “X” Back in the days of sailing ships, a certain subtropical zone of the ocean became known as the “horse latitudes.” There, an eerie windless calm prevailed, sometimes for weeks, stalling the progress of ships in mid-crossing. In desperation to save water on-board, captains ordered the horses being...

'Time Is Running Out For Iran': The Market Is Calling 'Bullshit' On Mainstream's Narrative, Hugh Hendry Explains... The stock market is telling a different story from the 'Iran is strong, America is overreaching' narrative being spewed by mainstream media. For weeks, the financial war narrative has been 'Iran, strong; America, reckless', risk's like mercury and the thermometer rising. And yet, the stock market has done the opposite. As Hugh Hendry remarks in his latest 'Acid Capitalist' report: "the gap between what you're reading on the front page of the Financial Times or in...

Bessent: US Readies Economic Isolation Of Iran "Like The World Has Never Seen Before" Treasury Secretary Scott Bessent told Newsmax Thursday night that the Trump administration will announce unprecedented economic measures against Iran next week, signaling that a sharp escalation in economic warfare is just ahead as negotiations to reopen the Strait of Hormuz remain stalled. The warning comes as Tehran-linked Houthi rebel forces resume attacks on Saudi Aramco energy infrastructure, raising concerns that the conflict is spreading geographically and pushing Brent crude futures higher. Bessent told Rob Schmitt of...