From 3-Year Lows To 3-Year Highs In Nine Months: Mortgage Rates Surge To 7.49% As Bond Rout Hits Main Street

Trump Threatens To Pull Some US Troops Out Of Germany While Lambasting 'Ineffective' Merz German Chancellor Friedrich Merz has been a bit on the defensive since his earlier in the week swipe at President Trump over launching the war against Iran. The German leader had told students in a talk that the US is being "humiliated" by Iranian leaders. He had also asserted, "If I had known that it would continue like this for five or six weeks and get progressively worse, I would have told ​him even more emphatically." As we...

"Price Collapse" Hits Memory Sticks As Hoarded Inventory Floods Market After Google's DeepSeek Moment Following our "Google's DeepSeek Moment" report last week, which detailed how TurboQuant, a compression algorithm for large language models and vector search engines, could sharply reduce AI memory requirements and sparked a selloff in top memory stocks, a Taiwanese financial outlet is now reporting a plunge in memory stick prices this week. Taiwan-based Economic Daily News reports that DDR5 memory stick prices have dropped by 15% to 30%, marking the first major price correction after a rally that began...

Despite regularly denouncing the rising socialist menace, President Trump has been pursuing a policy arguably just as, if not more, dangerous to liberty and prosperity as anything proposed by Zohran Mamdani or Bernie Sanders: using government funds to purchase partial ownership of private companies. The Trump administration has obtained ownership interests of approximately 27 billion […]