Credit markets price AI blowup at 2008 levels while Burry rolls Nvidia shorts and Mag7 returns keep shrinking

by

Michael Burry sold his Microsoft longs and closed Oracle shorts this week. He rolled Nvidia puts out to June 2027 and QQQ puts to February 2027. He still holds shorts on Nvidia SOXX Micron Caterpillar Palantir Tesla and Applied Materials. Oracle 5-year CDS hit 215 basis points higher than any level in 2008. Hyperscalers face … Read more

US Senators call for SEC investigation into President Trump’s crypto memecoin, accusing him of a “rug pull

by

JUST IN: 🇺🇸 US Senators call for SEC investigation into President Trump's crypto memecoin, accusing him of a "rug pull."$TRUMP coin is down 95% since launch. pic.twitter.com/9ZW6th4C1I — Watcher.Guru (@WatcherGuru) August 4, 2026 A group of U.S. Senators has called on the SEC to investigate President Trump's crypto coin The Senators allege that it may … Read more

Nearly half of Medicaid expansion enrollees likely did not qualify costing taxpayers 33 billion

by

Paragon report finds 9.2 million of 20.2 million expansion enrollees in 2024 were likely ineligible. That equals 46 percent under the main assumptions used. Federal cost of the improper enrollment hits an estimated 32.9 billion dollars. The number of improper enrollees nearly doubled since 2019. California alone accounts for about 3.1 million improper cases and … Read more

Excellent market analysis from somehow with 52 years on Wall Street. His calls have been accurate

by

Sees the market may have further run before eventually rolling over. An ugly bust happens at the end of this. He’s been very accurate. Here's my latest interview with Tom Bodrovics @competentinv, recorded 7/22/26. Lots of good questions & macro discussion about the economy,the Fed,the stock market,the metals & miners,the coming global bust & what … Read more

Italy, Germany and others slam Spain migrant amnesty while quietly legalizing their own irregular arrivals

by

Spain’s scheme drew over 1 million applications for one year renewable residence and work permits. Critics like Meloni pushed for action against such regularizations while running similar programs at home. Italy, Germany and other countries that accused Spain of attracting migrants with its amnesty scheme have also quietly legalised the status of people who arrived … Read more

US burns through nearly 80 percent of THAAD missiles in Iran war stockpiles now dangerously low

by

America just burned through its best air defense missiles defending against Iran. Host: Top military commanders warn that the U.S. has gone through a dramatically high amount of key weapons in just the past 6 months during the war with Iran. Inventory levels are now dangerously low. pic.twitter.com/rxUBbMLhSS — FactPost (@factpostnews) August 4, 2026 U.S. … Read more

Inflation on groceries post-pandemic is raising almost 4x faster per year than before.

by

Inflation on groceries post-pandemic is raising almost 4x faster per year than before. byu/peetss inconspiracy Food at home prices rose about 32 percent from January 2020 to mid-2026. Pre-pandemic yearly grocery inflation often sat near 1 to 1.6 percent. The post-2020 average pace lands near 4 percent a year after compounding. 2022 alone saw an … Read more

Home price growth is about to go negative nationwide

by

HOME PRICES ARE ABOUT TO GO NEGATIVE. pic.twitter.com/vN7acb25u8 — Jon Brooks (@jonbrooks) August 4, 2026 Among the 300 largest metro area housing markets, these 15 saw the biggest home price decreases between July 2006 and July 2010: 1. Merced, CA: -66.4%2. Modesto, CA: -62.9%3. Stockton, CA: -60.4%4. Las Vegas, NV: -58.1%5. Cape Coral, FL: -57.1%6. … Read more

I Read ALL 1,141 Pages of Fauci’s Diary!

by

Feds charge top Fauci aide with conspiracy to hide origins of COVID https://www.judicialwatch.org/feds-charge-top-fauci-aide-with-conspiracy-to-hide-origins-of-covid/ https://www.washingtontimes.com/news/2026/apr/28/feds-charge-top-fauci-aide-conspiracy-hide-origins-covid-19/

100k worth of copper wire stolen from new data center

by

Five suspects entered a data center construction site near Maries Road in Sterling around midnight July 31. They loaded large copper wire spools into a U-Haul truck. Deputies chased them and the U-Haul crashed. Three men were arrested: 21-year-old Jhamal Micah Kalil Muskelly of Alexandria, 23-year-old Demetrius Shaun Charlton of Falls Church, and 18-year-old Cordell … Read more

Australian runner Natasha Ward dies suddenly at 21

by

Sudden loss shocks: Natasha Ward, 21, a rising Australian middle-distance runner, has died suddenly, with no cause of death disclosed. Athletic achievements: Ward medaled in national and university events, including bronze in the 800m at the UniSport Nationals in April. Community mourning: Tributes highlight her magnetic smile, kindness, and readiness to support teammates, marking a … Read more

Texas just slammed the brakes on 474 gigawatts of data center power requests

by

Texas spent years chasing AI data centers with tax breaks. Now the same governor hits the pause button because the grid cannot handle the flood. View post on imgur.com https://www.fox4news.com/news/texas-halts-power-grid-connections-new-data-centers-over-energy-water-supply-concerns This is also reported in the link below “ Amid growing public backlash to the rapid buildout of data centers across Texas, Gov. Greg Abbott … Read more

Americans say they need six figures just to get by. 720,000 workers quit the labor force in one month.

by

Salary needed to live comfortably according to NBC Whether it was caregiving responsibilities, feeling discouraged after a long stretch of unemployment or the realization they’re sitting on a pile of money, many Americans have left the workforce entirely. Over the past year, about 1 million workers have thrown in the towel. In June alone, 720,000 … Read more

Fauci’s diary shows he was best friends with the CNN anchors covering him

by

The strategy CNN management chose was silence. Just say nothing, and hope the controversy fades away. It's been almost 10 days since Fauci diary entries revealed that two of CNN's top anchors were private pals with the man they were supposed to be objectively covering. From… pic.twitter.com/LnrIgKlTrA — Western Lensman (@WesternLensman) August 3, 2026 Glenn … Read more