Wholesale Inflation is a Problem

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by Martin Armstrong The latest inflation figures should put an end to the ridiculous claims that inflation has been defeated. The Producer Price Index surged 1.3% in September alone, the largest monthly increase since March 2022, while wholesale prices are now rising at an annual rate of 6.3%. Economists had expected an increase of approximately … Read more

$3,000 foldable iPhones sell out in minutes.

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Apple said that demand for the new iPhone Duo is “nothing short of extraordinary” as it warned customers they will have to wait until next year to get hold of the new device. The iPhone Duo – Apple’s first folding device, and the most dramatic redesign of its flagship product since it launched almost 20 … Read more

BBC: “The protests were mostly peaceful.”

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🚨 BBC: "The protests were mostly peaceful." No, really. They just went full CNN 2020. Un-freaking-believable. "Mostly peaceful" while masked leftists set off fires and explosions! pic.twitter.com/rrrFZsjtqK — Eric Daugherty (@EricLDaugh) October 18, 2026 Yes. BBC's article on the French protests stated: "Police arrested about 1,800 people on Saturday as some 550,000 demonstrators took to … Read more

Husbands main breadwinners in 55% of marriages, down from 85% in 1972; women took nearly all recent net US job gains; Women are taking over corporate America.

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Pew Research Center found the husband was the primary or sole breadwinner in 55 percent of opposite-sex marriages in 2022, down from 85 percent in 1972. Wives held that role in 16 percent of marriages, up from 5 percent. Equal-earning marriages rose from 11 percent to 29 percent. Women still did more housework and caregiving. … Read more

“We knew nothing.”

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It begins… A woke couple in Massachusetts signed up to host illegal migrants in their home Within an hour, 4 illegals were dropped off at their doorstep by the state "I gotta get sheets on the beds! How many are coming? Where are they from? What are their ages? We knew… pic.twitter.com/qKMAhpQ38B — IN TRUMP … Read more

Gasoline is up 34%. Fuel oil has surged 74%. But eggs are down 21% and butter is down 10%. Is the 3.7% inflation scare really an energy shock?

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The 3.7% inflation scare is really an energy price shock. Fuel oil is up 74% over the past year and gasoline 34%. Meanwhile eggs are down 21%, butter down 10%, smartphones down 10%, and used cars down 2%. Broad monetary inflation lifts everything at once. This move lifts energy… pic.twitter.com/EhcoufXxCu — Kurt S. Altrichter, CRPS® … Read more

France’s government spending is already among the highest in Europe. Now the country faces weak growth, rising borrowing costs and a budget fight that politicians have struggled to resolve.

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France’s government SPENDING now equals roughly 57% of its entire economy… That’s higher than the levels shown here for the Soviet Union, communist Romania, Poland, and China. •⁠ ⁠USSR at 50% •⁠ ⁠Communist Romania at 42% •⁠ ⁠Venezuela under Chávez at 38% •⁠ ⁠Communist Poland at 36% •⁠ ⁠China at 33% Will France fall? Source: … Read more

Did the whole world agree to lose it at the same time??? France and Italy are burning, Albania is on day 6+ of clashes, and the list of countries joining in keeps getting longer.

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Employees and customers feel forced to lock themselves inside shops out of fear of criminal attack. pic.twitter.com/FA9rcoUfpF — Orbital (@OrbitalLabsX) October 19, 2026 Albania riots — what a scene! 🤯 pic.twitter.com/FY6Tmu0sFB — Ash 🇦🇺 (@TheInspectorAsh) October 19, 2026 French unrest starts rattling financial markets https://www.reuters.com/business/finance/french-markets-tumble-riots-add-political-crisis-2026-10-19/ French stocks fell, government bond yields rose, and investors grew … Read more

Houthis hit Yemeni government training camp with missiles, at least 18 killed

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Iran-aligned Houthis fired three ballistic missiles Monday at a Yemeni government military training camp in Shabwa province, killing at least 18 people, government and medical sources told Reuters. Some reports put the death toll higher, including more than 50 in one account from local authorities. The attack hit soldiers during morning training. Fighting between the … Read more

Alberta votes today on starting process for possible separation referendum

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Albertans are voting Monday on 10 referendum questions, including one that asks whether the province should remain in Canada or start the legal steps toward a binding referendum on separating. The separation question is nonbinding. Premier Danielle Smith has said she will respect the result. Polls put support for remaining in Canada around 70 to … Read more

Elon Musk says many people are going to get one-shotted by super persuasive super intelligences, including himself

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So many people are going to get one-shotted by super persuasive super intelligences and I might be one of them — Elon Musk (@elonmusk) October 19, 2026 Googled what “one-shotted” meant…. “ One-shot” (or “one-shotted”) is slang that originally comes from video games. It means taking someone out completely with a single hit—no prolonged fight, … Read more

Who is lying here?

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JPMORGAN CEO JAMIE DIMON SAYS U.S. ECONOMY IS BOOMING JPMorgan CEO Jamie Dimon says the U.S. economy is booming, supported by strong corporate profits, low unemployment and massive AI infrastructure spending. Dimon believes AI could eventually have a deflationary effect,… — *Walter Bloomberg (@DeItaone) October 19, 2026 KERNEN: You have never seen Americans so sour … Read more

PUTIN PROPOSES SUMMIT TO END UKRAINE WAR — WITH TRUMP AND XI. ZELENSKY WOULD NOT BE INVITED.

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Wall Street Journal reported Putin proposed a three-way meeting with Trump and Xi next month to talk about ending the Ukraine war on terms that favor Moscow. Zelensky would not be there. A former Russian intelligence officer told the paper that Putin brought it up during an October 9 call with Trump. Same call produced … Read more

US issues security alerts across 12 Middle East locations, warns of flight disruptions and Iran linked threats

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US diplomatic missions issued security alerts dated October 18 covering Saudi Arabia, the UAE, Kuwait, Jordan, Bahrain, Oman, Qatar, Iraq, Lebanon, Yemen, Israel/Jerusalem, and Iran. The notices tell Americans to exercise heightened vigilance due to the complex security environment. They warn of potential flight cancellations, airspace closures, and travel disruptions. Iranian supported Houthis have attacked … Read more