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"Closing Time" On The AI Bubble Is Sooner Than Most Think; Ed Dowd Warns Iran War Brings Global Recession Closer

"Closing Time" On The AI Bubble Is Sooner Than Most Think; Ed Dowd Warns Iran War Brings Global Recession Closer Via Greg Hunter’s USAWatchdog.com, Wall Street money manager and financial analyst Ed Dowd of PhinanceTechnologies.com warned at the end of May we could see “$250 a barrel oil and 11% inflation as a worst-case scenario in 2026.”  That didn’t happen... yet.  Dowd explains, “We had two scenarios when we talked last..." " One was the conflict would get resolved in the April – May time frame.  Oil would peak out around $125 (per barrel), and inflation would...
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Jul 5, 2026 / Tyler Durden
No, The Framers Would Have Hated The Billionaire Tax
No, The Framers Would Have Hated The Billionaire Tax Authored by Jonathan Turley, Below is my column in the Wall Street Journal on the bizarre claim of Gov. Gavin Newsom and others that the Framers would have supported wealth taxes, including the proposed Billionaire’s Tax. It is a claim that seeks to mask the economically unwise with the historically unfounded. The Framers sought to protect property from legislative redistributive impulses. James Madison wrote that the bicameral system, and particularly the Senate, “ought to be so constituted as to protect the minority of the...
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Jun 9, 2026 / Dave DeCamp
Iran Holds Funeral for Two Air Defense Personnel Killed by Israeli Attack
Iranians on Tuesday held a funeral in Tehran for two Iranian military air defense personnel who were killed by Israeli strikes earlier this week as the region remains on the brink of full-scale war. Iran’s PressTV identified the slain Iranian soldiers as Bahman Hosseini and Alireza Abiri and said that the funeral ceremony was held […]
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Jul 14, 2026 / Tyler Durden
The Digital Euro: Control & The End Of Financial Privacy
The Digital Euro: Control & The End Of Financial Privacy Authored by Daniel Lacalle, European Union lawmakers in Strasbourg have now agreed on their position regarding the digital euro, approving it in a vote on the 8th of July 2026. With this position, the European Parliament can start talks with national governments on the details of the design and functioning of the digital euro.  The ECB argues that the digital euro is required to preserve the benefits of cash in a digital age and protect Europe’s monetary sovereignty, while offering a fast, secure,...
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