Where Men Outnumber Women Around The World

The Fed Will Invent New Inflation Numbers Out Of Thin Air Submitted by QTR's Fringe Finance The Federal Reserve is rapidly approaching the point where every available option becomes politically toxic, economically destructive, or both. Inflation remains stuck around 3.8% CPI, well above the Fed’s stated 2% target, and that number alone should theoretically eliminate any serious discussion of aggressive easing. Treasury yields are rising as bond investors demand compensation for persistent inflation, uncontrolled fiscal deficits, and the growing realization that Washington’s debt load is becoming increasingly unstable. The American consumer, meanwhile, is clearly running on...

PayPal Crashes After Advent, Stripe Abandon $50 Billion Takeover Bid PayPal shares plunged as much as 16% in premarket trading Friday, the most in months if the losses hold through the cash session, after a consortium led by private-equity firm Advent International and payments giant Stripe abandoned its takeover bid for the struggling payment processor. Bloomberg reports that the consortium offered more than $50 billion for PayPal in what would have been one of the largest leveraged buyouts in history. As per the report: The group is no longer pursuing a deal for...

What T. Boone Pickens Would Ask About AI CapEx Authored by Patrick Feeley via Substack, I keep waiting for someone in the AI discussion to talk like an owner. What we get instead is a week of model releases, token counts, and model-lab valuations that look like oil majors, while the harder questions about turbines, interconnect queues, and who answers for the spend sit offstage. That imbalance would have driven T. Boone Pickens up a wall. Boone passed away in Dallas on September 11, 2019. He was 91. He grew up in...