Scott Bessent: “There’s nothing magic about the $40 trillion number.” “We can grow our way out of that”

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Scott Bessent: "There's nothing magic about the $40 trillion number." "We can grow our way out of that" pic.twitter.com/PCUGBFFDCu — Hedgeye (@Hedgeye) August 20, 2026 Bessent came out to reassure markets and everything is now selling off. — Rick J (@rickjeff78) August 20, 2026 Bessent: "We've got a spike in oil prices today that I … Read more

Bessent copies Saylor debt arbitrage playbook

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Bessent and Saylor are running versions of the same playbook. A 30-year Treasury issued in 2022 now trades at a meaningful discount to par. The basic trade is obvious: issue short-term debt and use the proceeds to repurchase long-duration bonds below par. It is straightforward balance-sheet management, not rocket science. Saylor and MicroStrategy apply the … Read more

Walmart drops 9%, Dow drops 400 points. Without AI spending, we’d already be in a very deep recession?

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Walmart stock is in free fall after reporting disappointing US sales. US sales growth came in at 2.6% vs 3.8% expectations. Link below 👇 pic.twitter.com/oMzHPnxkWB — QE Infinity (@StealthQE4) August 20, 2026 Dow drops 400 points, hurt by rising Treasury yields and a decline in Walmart: Live updates A pullback in Walmart shares hit the broader market … Read more

Bessent’s bond buyback relief already fading

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Treasury yields rebound, wiping out the decline following Bessent’s intervention Bond yields climbed Thursday morning, erasing most of the pullback they saw the previous day after the Treasury Department announced an intervention aimed at easing pressure on longer-dated government debt. The yield on the 30-year U.S. Treasury bond — the primary focus of the accelerated buyback — … Read more

The U.S. Faces A “Historic” Cattle Shortage As The Size Of The U.S. Herd Shrinks To The Smallest Since 1951

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by Michael A multi-year cattle shortage has pushed the price of beef into very painful territory. In fact, in some areas of the country the price of ground beef now exceeds the federal minimum wage. This is the first time in U.S. history that this has ever happened. At the start of 2026, there were … Read more

Police roll out million-dollar spy SUVs that suck data from every phone nearby

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State law enforcement agencies are spending millions on unmarked Chevy Tahoes equipped with military-grade IMSI catchers and Software Defined Radios. Hidden inside everyday vehicles, systems like Cognyte’s FalcoNet can force nearby 4G and 5G smartphones to silently disconnect from legitimate cell towers and drop into an unencrypted surveillance state, collecting your exact GPS location, IMSI … Read more

Blueberry recall upgraded to FDA’s highest risk level
 ‘reasonable probability of death’

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A voluntary recall of frozen organic blueberries has been elevated to the U.S. Food and Drug Administration’s most serious risk category after evidence linked the products to a potentially life-threatening bacterial contamination. According to a report from the Daily Mail, the FDA has reclassified the recall of GreenWise Organic frozen blueberries as Class I. That … Read more

Shocking Survey Finds That Only 35 Percent Of Women Under 25 Have A Positive View Of Men, And “Heteroflexible” Is The Fastest Growing Sexual Orientation In America

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by Michael Our culture is being transformed at a pace that is difficult to comprehend. The numbers that I am going to share with you in this article paint an undeniable picture about where our society is heading. That doesn’t mean that the trends that we are witnessing now are permanent. We have been through … Read more

Zuckerberg lied about concern for child safety, Meta whistleblower testifies at landmark trial

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Meta has taken a “don’t ask, don’t tell” strategy when it comes to the safety of children on its social media platforms, according to a whistleblower who testified during a landmark trial against the company on Tuesday and Wednesday. Arturo BĂ©jar, a former Meta safety engineer, told the jury that the company was aware of … Read more

Russia pounds Kyiv with Zircons, Iskanders and North Korean missiles

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Russia launched a major overnight missile barrage on Kyiv around midnight local time on August 20 that included Zircon hypersonic missiles, Iskander-M ballistic missiles, and North Korean KN-23s. Explosions rocked the capital after a large combined strike of ballistic and hypersonic missiles. Open-source trackers and Ukrainian reports list multiple Zircons, Iskanders, and at least two … Read more

Stripe tells investors that “the singularity” has begun, per Axios

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Stripe on Wednesday told investors that January 1st marked the “beginning of the singularity,” which it refers to as a major inflection point in longterm trends, according to a letter obtained by Axios. Why it matters: The payments giant believes that being privately held is the best structure for such a consequential moment, which suggests that … Read more

Cancer treatment could face landmark moment with promising vaccine… MODERNA stock soars 177%!

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Cancer treatment could face landmark moment with promising vaccine A therapy using the same mRNA technology in coronavirus vaccines showed positive results in a trial for skin cancer patients, drugmakers Moderna and Merck said. An experimental drug that uses messenger RNA to deliver a vaccine customized to a patient’s tumors effectively prevented skin cancer recurrence … Read more

President Trump just posted this: “I am announcing the MOST CRUSHING ECONOMIC OPERATION EVER TAKEN AGAINST ANY COUNTRY! This will be Economic Warfare and Isolation on an unprecedented scale.”

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President Trump posted on Truth Social announcing the “most crushing economic operation ever taken against any country” aimed at Iran, extending the existing pressure campaign known as Operation Economic Fury. https://www.cnbc.com/2026/08/19/us-iran-war-trump-hormuz-economic-warfare.html đŸ‡ș🇾 President Trump just posted this: "I am announcing the MOST CRUSHING ECONOMIC OPERATION EVER TAKEN AGAINST ANY COUNTRY! This will be Economic Warfare … Read more

60+ day delinquencies on sub-prime auto loans has risen to 6.9%, surpassing the worst months of the 2008 financial crisis.

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Fitch’s 60+ day delinquency rate for subprime auto loans hit 6.90% in January 2026. That was higher than the worst levels reached during the 2008 financial crisis. The rate has eased since then, reaching about 5.67% in June. But that’s still an extraordinary level of stress. And this isn’t happening in some tiny corner of … Read more