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Rabobank: Bessent's Buyback Looks A Lot Like "Whatever It Takes", And Druck Isn't A Fan

Rabobank: Bessent's Buyback Looks A Lot Like "Whatever It Takes", And Druck Isn't A Fan By Michael Every of Rabobank US Treasury Secretary Bessent took out a tactical nuke in saying he could use $1trn from the Treasury General Account to fund Special Military Operation Twist bond buybacks vs. the $2bn per round increase we saw last week. That looks a lot like the ‘Whatever It Takes’ mentioned yesterday: his former mentor Stan Druckenmiller is not a fan, apparently. He also launched ‘Operation Economic Outcast’ to isolate and squeeze Iran further on...
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Jul 29, 2026 / Tyler Durden
US Corn Conditions Suffer Sharpest Deterioration In Three Years, Fueling Food Inflation Fear
US Corn Conditions Suffer Sharpest Deterioration In Three Years, Fueling Food Inflation Fear Less than a week after we reported that an options whale placed a $20 million bet on corn futures, a new U.S. crop report revealed the sharpest weekly deterioration in conditions in three years. Bloomberg cites a new USDA report that rated 63% of the U.S. crop as good or excellent, down 4 percentage points from the previous week and below consensus estimates. The decline was due to heat and dryness battering some of the nation's top...
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May 11, 2026 / Tyler Durden
Jeffries Calls On Half-Dozen Democratic States To Start 'Aggressive' Redistricting
Jeffries Calls On Half-Dozen Democratic States To Start 'Aggressive' Redistricting Authored by Chase Smith via The Epoch Times, House Minority Leader Hakeem Jeffries (D-N.Y.) on Friday named six Democratic states he wants to join New York in pursuing mid-decade redistricting ahead of the 2028 election—a longer-term play as both parties have raced to redraw maps before the November 2026 midterms. “It’s going to be incredibly important that states like New York, New Jersey, Washington, Colorado, Oregon, Maryland and Illinois are aggressive in moving forward to ensure that there’s a fair national map,...
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Jul 2, 2026 / Tyler Durden
Canada Was A Liberal Paradise... Until The Liberals Took Over
Canada Was A Liberal Paradise... Until The Liberals Took Over Authored by Mark Jeftovic via BombThrower.com, There was a version of this country that worked. This was a country that used to punch above its weight across all key metrics and in a large part, did so espousing classical liberal values. Multiculturalism here was both uncontroversial and functional. People came from everywhere, integrated, and got on with building lives, businesses and contributing to that overall ethos Canadian culture. Minority rights and gender equality stopped being fights and became defaults. Ontario, the most populous province, ran...
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