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Rand Paul Slams Texas Governor-Elect's 'Venezuelan Socialist' Plan To Freeze Electricity Rates
Rand Paul Slams Texas Governor-Elect's 'Venezuelan Socialist' Plan To Freeze Electricity Rates
Sen. Rand Paul (R-KY) took aim at Texas Gov.-elect Gina Hinojosa on Tuesday over her pledge to freeze electricity rates on her first day in office, calling it a move "out of the Venezuelan socialist playbook."Nothing like your first act being out of the Venezuelan socialist playbook . . . This will not end well. https://t.co/XrEnm2Vlcz— Rand Paul (@RandPaul) November 10, 2026"This will not end well," Paul wrote, linking to a Fox News report on whether Hinojosa has the...
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Sep 21, 2026 / Tyler Durden
America Spends More On Defense R&D Than Any Other OECD Country - By A Mile
America Spends More On Defense R&D Than Any Other OECD Country - By A Mile
On the OECD's yardstick - defense R&D budget allocations per $1,000 of GDP - the United States spends $3.64. The next country on the list, South Korea, spends $2.06, and nobody else clears a dollar.
Britain is third at $0.97, Germany fourth at $0.79, France fifth at $0.50. The average across the 20 countries ranked is $0.58; the median is $0.27. Greece, at the bottom, spends nine cents.
The gap is about to get wider: the Department...
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May 19, 2026 / Tyler Durden
"Door Of Doom" Looms As 30 Year Yield Soars To 19 Year High After Two Huge Treasury Block Sales
"Door Of Doom" Looms As 30 Year Yield Soars To 19 Year High After Two Huge Treasury Block Sales
Bond yields continued to move sharply higher today, driven in large part by the aggressive repricing in the oil strip as markets (finally) price in a lengthy disruption to Hormuz traffic which has pushed year-end prices higher by about $12 in the past month.
The result has been a spike across virtually all tenors:
*US 2-YEAR YIELD RISES TO 4.11%, HIGHEST SINCE FEBRUARY 2025
*TREASURY 5- AND 7-YEAR YIELDS RISE 10 BASIS POINTS ON...
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Sep 30, 2026 / Tyler Durden
Hung, Drawn, And Third-Quartered: Roll On Q4
Hung, Drawn, And Third-Quartered: Roll On Q4
By Michael Every of Rabobank
Today ends Q3, which has been a shocker even in a year of major market shocks.
Wars dragged on and spread. Russia-Ukraine saw energy sites hit and hybrid attacks against Europe increase. Saudi Arabia, not Iran, is now under missile fire and both oil exporters are partly blockaded. France gave the first sign of getting dragged into the war, which conflated more with Russia-Ukraine. A US-China summit suggested détente but news that families of Chinese AI workers can no longer...
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