The longest run of earnings upgrades in 5 years just ended. Morgan Stanley sees 7% downside before the earnings rebound

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This is where the market gets uncomfortable. Rising prices can survive bad news for a while when earnings estimates keep moving higher. Once estimates turn down, that cushion disappears and the valuation starts doing all the work. The longest run of earnings upgrades in 5 years just ended. For the first time in 23 weeks, … Read more

So much for this morning’s peace deal

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BREAKING: Iran has just launched anti-ship cruise missiles and drones from southern Iran toward vessels in the Strait of Hormuz in the past minutes, with 3 explosions heard in the Strait, per initial reports. The target is likely a convoy of US-escorted oil tankers currently… — The Hormuz Letter (@HormuzLetter) September 24, 2026 h/t Tonight … Read more

Chat GPT gives tips on how to get away with college vandalism.

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SEPTEMBER 24–After a Missouri collegian confessed to a 17-vehicle vandalism spree in text exchanges with ChatGPT, the AI program acted as a digital accomplice after the fact, providing “damage control” advice so that the suspect could “minimize any chance of getting connected” to the crimes, according to chat transcripts. During a drunken 3 AM rampage, … Read more

“Send me”: Hegseth launches a military recruitment tour during the Iran war

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US Secretary of War Pete Hegseth has come under fire for a military “Send Me Tour” that draws on biblical verses and Christian scripture to recruit new soldiershttps://t.co/AWURQYsrS2 — Middle East Eye (@MiddleEastEye) September 21, 2026 I don’t see a lot of Indians lining up to join the military. Funny how that works — BowTiedRanger … Read more

In every civilized country, bribery is a crime. But in the USA it is called lobbying.

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DoorDash Spent $1.4 Million Trying to Stop Mamdani From Becoming Mayor. Now We Know Why. — In a wage-theft settlement, DoorDash now has to pay its workers around 100 times what it spent trying to beat Zohran Mamdani. Last year, well before DoorDash’s $131.5 million settlement with New York City for underpaying 264,000 delivery workers … Read more

$365 trillion in global debt. 5.44% on the U.S. 30-year Treasury. The debt bill is coming due.

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You can carry a mountain of debt when money is cheap. At 5% plus, the mountain starts sending you a bill every year. Global debt tops $365 trillion as economists sound alarm over ‘vicious cycle’ Ever-higher costs to service mounting debt loads pose a major risk to governments around the world, economists have warned. Global … Read more

Bessent has absolutely no idea what he’s doing. Blew up his fund. Now he’s blowing up the Treasury. Rick Santelli one liner.

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Bessent has absolutely no idea what he's doing. Blew up his fund. Now he's blowing up the Treasury. pic.twitter.com/qGG24Dqzh5 — Markets & Mayhem (@Mayhem4Markets) September 24, 2026 Bessent buying $6B of Treasuries to bring down the yield curvepic.twitter.com/6SZMdRmhO5 — Leyla (@LeylaKuni) September 23, 2026 The US Treasury just held a 5-year auction, and buyers demanded … Read more

The AI buildout is the biggest infrastructure push as a share of GDP in nearly 200 years.

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The AI buildout is the biggest infrastructure push as a share of GDP in nearly 200 years. It is running at 3.63% of GDP, bigger than the railroad boom, the interstate highways, or rural electrification. Every buildout that size reshaped the economy. This one is financed with… pic.twitter.com/YSydGKV7XG — Kurt S. Altrichter, CRPS® (@kurtsaltrichter) September … Read more

“Whoever is elected in France or Germany, we will dance the tango and keep the alliance together.”

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Brussels and NATO don’t care who people vote for. The elites will do whatever it takes to keep control. 🚨🇪🇺 Rutte MOCKS voters: "Whoever is elected in France or Germany, we will dance the tango and keep the alliance together." Brussels and NATO don't care who people vote for. The elites will do whatever it … Read more

Recall of 167,000 pounds of meat with fake inspection labels. Full list of all recalled products.

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More than 167,000 pounds of meat are being recalled across the United States after being produced without proper federal inspection, according to the United States Department of Agriculture. Star Meat Delivery Inc., based in Lucama, North Carolina, is recalling 167,639 pounds of raw pork, beef and goat products that were distributed to restaurants and retailers, … Read more

Canada’s Carney prepares for potential U.S.-led military invasion, according to CTV

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Prime Minister Mark Carney said he’s prepared for the possibility of U.S. President Donald Trump ordering a military invasion of Canada, according to a new report. In an interview with the New York Times published Wednesday, Carney described the prospect of an invasion as an “extreme tail risk,” meaning impactful though unlikely, but that it … Read more

Six Flags being sued…

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Three new lawsuits filed against Six Flags Magic Mountain allege riders suffered major brain injuries after riding the X2 roller coaster. Attorneys representing the plaintiffs say more than 100 additional people have come forward. https://t.co/VvLaLLuB8Q pic.twitter.com/czpJekNJox — ABC News (@ABC) September 23, 2026 Three new lawsuits allege severe brain injuries from X2 https://abcnews.com/US/new-lawsuits-allege-x2-roller-coaster-flags-magic/story?id=136681266 The plaintiffs … Read more