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'Daddy's Savings Account': Two More NYC-DSA Leaders Caught Living The Capitalist Dream
'Daddy's Savings Account': Two More NYC-DSA Leaders Caught Living The Capitalist Dream
A pair of New York City's leading Democratic Socialists live in Brooklyn apartments that would be pure fantasy for the working-class Americans they claim to champion, according to the New York Post, the latest installment in a running audit of the personal real estate of the organization that put Zohran Mamdani in Gracie Mansion.
The report lands less than two weeks after the Post revealed that NYC-DSA co-chair Gustavo Gordillo, a Yale-trained sculptor who has billed himself as a...
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Apr 28, 2026 / Tyler Durden
Collateral Damage
Collateral Damage
By Molly Schwartz, Cross-ASset Macro Strategist at Rabobank
Negotiations between the US and Iran are going nowhere. In fact, they’re not really even happening at all. Over the weekend, Axios reported that Iran gave the US a proposal to reopen the Strait — not to end the war. The proposal includes extending the ceasefire and an assertion that any conversations about Iran’s nuclear program are off the table until the Strait is open and the US blockade is lifted. The US has not indicated whether it will accept or reject the...
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Apr 19, 2026 / Tyler Durden
"No More Mr. Nice Guy": Trump Sends Witkoff To Pakistan For U.S.-Iran Talks As Hormuz Traffic Freezes
"No More Mr. Nice Guy": Trump Sends Witkoff To Pakistan For U.S.-Iran Talks As Hormuz Traffic Freezes
By Sunday morning, the latest Bloomberg ship tracking data showed that tanker traffic through the Strait of Hormuz had largely ground to a halt. There were multiple incidents of tankers U-turning over the last 24 hours. At the same time, a senior Iranian official renewed threats to close the Bab al-Mandeb Strait.
The Hormuz chokepoint (closed once again after briefly opening on Friday morning) comes as the US blockade of Iranian ports remains in...
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Mar 20, 2026 / Tyler Durden
Murphy: "If The Dollar Starts Sinking, It's Gonna Be Fast"
Murphy: "If The Dollar Starts Sinking, It's Gonna Be Fast"
Last night’s debate on “Deficits, War, and Markets” brought together Bob Murphy of the Mises Institute and Bard College professor Randall Wray for a clash between Austrian and MMT worldviews, moderated by the “Macro Tourist” Kevin Muir.
Exploding U.S. deficits, the Fed’s policy path, the geopolitical shock of the Iran war, what it means for stocks, a potential bond market snap to calls for another financial crisis… we covered a lot of ground and here were some highlights for those short...
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