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The Blue Wave Trade: JPMorgan's "Democrat Factor" Soars 20% As Wall Street Prices A Sweep
The Blue Wave Trade: JPMorgan's "Democrat Factor" Soars 20% As Wall Street Prices A Sweep
Prediction markets aren't the only place where traders are betting on a Democratic sweep.
Over the weekend, we laid out Goldman's case that gas prices are steering the midterms, with Polymarket pricing a roughly 65% chance that Democrats take both chambers, a number the bank's own historical work suggests is too high.
But for those who prefer their political bets with a ticker and a prime broker attached, there is another, far more lucrative gauge of how...
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Aug 12, 2026 / Tyler Durden
Illegal Immigrant Pleads Guilty To Purchasing 91 Firearms
Illegal Immigrant Pleads Guilty To Purchasing 91 Firearms
Authored by Allan Stein via The Epoch Times,
An illegal immigrant from Mexico has pleaded guilty in federal court to charges related to purchasing 91 firearms and 40,000 rounds of ammunition.
A sign displaying "No firearms in Mexico" its outside a border entry point in Naco, Ariz., on March 5, 2025. John Fredricks/The Epoch Times
The U.S. Attorney's Office for the District of Oregon announced on Aug. 10 that Samuel Rodrigo Melo Santos pleaded guilty to being an alien in possession of a firearm and...
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May 16, 2026 / Tyler Durden
Establishment Media Outraged By White House Sponsored Christian Prayer Event
Aug 7, 2026 / Tyler Durden
Saudi Arabia's $5 Oil Detour Is Expensive... But Worth It
Saudi Arabia's $5 Oil Detour Is Expensive... But Worth It
Authored by Leon Stille via OilPrice.com,
Rerouting Saudi crude to Asia via Yanbu, Egypt’s SUMED pipeline and the Cape of Good Hope may add around $5 per barrel and up to four weeks to a voyage.
That premium is small compared with the economic damage caused by losing access to Hormuz or Bab el-Mandeb altogether.
Saudi Arabia’s alternative export infrastructure is not a temporary workaround but a strategic asset—although it cannot replace the kingdom’s wider need to diversify beyond oil.
The latest Saudi oil...
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