Central banks have added equities to house prices for their target list
via notayesmanseconomics In the latter part of this week we have seen three of the world’s major central banks decide that they can turn a blind eye to the inflationary risks provided by the conflict in the Middle East, of which the latest is the Bank of Japan. At the Monetary Policy Meeting held today, … Read more
Capital One closed 300 Trump accounts after AML team flagged suspicious patterns
LINK: https://t.co/HaCwFhZaSI — MeidasTouch (@MeidasTouch) August 1, 2026 Capital One says Trump Organization accounts closed after AML review Capital One Financial (NYSE:COF) said it closed more than 300 Trump Organization-affiliated accounts after a months-long review by its anti-money laundering team, according to a court filing reported by Reuters. The filing represents the first time a … Read more
Florida condo crisis deepens as 2,500 buildings show structural deterioration
More than 2,500 Florida condominium and cooperative buildings were flagged for Phase Two milestone inspections in 2024 and 2025, showing signs of structural deterioration, according to a report by the Florida Legislature’s Office of Program Policy Analysis and Government Accountability (OPPAGA). Building officials reported a total of 54 condominium and cooperative buildings as “unsafe or … Read more
Q3 US Real GDP Growth At 5% (So Much For The Iran “War” Slump)
by confoundedinterest17 According to the Atlanta Fed’s GDP Now REAL time model, Q3 Real GDP is 5%. The subcomponents of GDP growth are as follows: So much for the doom and gloom of Trump’s tariff “war” or Trump’s Iran “war.” 5% Real GDP growth is outstanding! And The Fed keeps on printing money (M2)! Keep on … Read more
VIDEO: Multiple New Videos Out of Ceuta, Spain Show Things Have Not Returned to Normal – Many Were Fooled
Central government numbers look clean. Local mayor and phones say otherwise. You cannot hide 10,000 people in a small city. Videos keep coming while officials talk about returns. 🇪🇸 Pedro Sánchez LIED to all of Spain. He said migrants had been returned. This is Ceuta right now: pic.twitter.com/xPxaujXwvw — Inevitable West (@Inevitablewest) August 2, 2026 … Read more
Archaeologists found a 476,000-year-old wooden structure. No one knows who built it.
“[We found] two interlocking logs joined transversely by an intentionally cut notch,” Barham and his colleagues wrote in a 2023 study published in Nature. “This construction has no known parallels in the African or Eurasian Palaeolithic.” Older worked wood does exist, with the earliest known example being a fragment of polished plank from the Acheulean site … Read more
GOLDMAN: CTAs could dump $185 billion of stocks this month if prices keep falling
GOLDMAN SAYS $185 BILLION OF FORCED SELLING COULD HIT GLOBAL STOCKS THIS MONTH CTAs are funds that trade on price signals alone. Their programs buy when prices hold above set levels and sell when prices fall below them, regardless of earnings or news. Goldman’s current estimates: – $7.5 billion of global selling next week under … Read more
BILL MAHER: “Poor Spain, at the same time, they’re having horrible fires. Spain is the new California.”
BILL MAHER: “Did you see what happened in Spain yesterday? 60,000 people in one day bum-rushed the border!” “Poor Spain, at the same time, they’re having horrible fires. Spain is the new California.” [Audience laughs] MAHER: “No, it is! The northern part is on fire, the… pic.twitter.com/fYv4G2vPDQ — The Vigilant Fox 🦊 (@VigilantFox) August 1, … Read more
If you own Microsoft, Oracle, Nvidia, and SoftBank, congrats. You basically own four different ways to bet on OpenAI.
OPENAI IS GOING TO TAKE THIS ENTIRE MARKET DOWN WITH IT And you don’t have to own a single share to get hurt. What I’m about to explain should worry anybody who thinks they’re diversified: OpenAI is a LOAD-BEARING company. Pull it out and the whole structure comes down. They spent $17.2 billion on Microsoft … Read more
“The Fed is politically independent”
"The Fed is politically independent" https://t.co/aKd6yQ1BDf — 🏴☠️ (@calvinfroedge) August 1, 2026
The dirty secret behind the EV revolution
I came across a post from someone who spent 30 years in the auto industry, and it got me thinking. The public conversation about EVs almost always starts at the dealership. It almost never starts at the mine. One claim that caught my attention was this. Some life cycle estimates suggest an EV doesn’t offset … Read more
When banks chase paper this hard to win the next IPO mandate, you are late in the cycle.
Wall Street is lending cash against stock that cannot be sold. JPMorgan’s private-bank loan demand jumped tenfold in months. Goldman’s San Francisco loan balances are up 50% since 2023. Banks are writing share-pledge loans against pre-IPO AI paper, some as small as $150 million. That is leverage stacked on valuations nobody can mark. 2021-vintage startups … Read more
Gunman walks parking lot fires into Tesla at charger then hits restaurant
Videos from Twin Falls Idaho today show a gunman with a rifle walking the parking lot and firing into a Tesla at the Supercharger next to In-N-Out. Employees ran. Family accounts say a man inside the Tesla was shot in the head and died. His wife was shot and lived. Official victim names still pending. … Read more
Mideast and Europe fights start overlapping
They cannot even keep the water pumps safe but still talk about winning the big war. At least seven states reported cyberattacks on water and wastewater systems this week. Minnesota hit first with more than 30 systems. Michigan and others followed. Hackers targeted internet-connected controllers that run pumps and treatment. Some systems lost pressure. Flooding … Read more
Middle Class Americans Are Finally Speaking Out About the Cost of Living Crisis
Middle class Americans are finally speaking out about the cost of living crisis — and what they’re saying reveals just how difficult life has become. From groceries and housing to everyday bills and basic necessities, more Americans are questioning how long they can keep up with rising costs. https://www.youtube.com/watch?v=FZYl_PHDrN0
Hyperscaler bond yields climb while Nvidia default insurance hits record
Big tech AI builders sold huge piles of bonds this year. Amazon Alphabet Meta Oracle already did about 194 billion through early July. Goldman sees the five big ones hitting 250 billion total in 2026. Longer bonds got hit hardest. SpaceX 30-year yield rose to 7.3 percent. Oracle long notes climbed near 7.8 percent. Some … Read more
Preemptive pardons are making Washington look like a criminal syndicate
Nothing says confidence in clean government quite like giving someone a pardon before they’re even charged with a crime. Think about what a preemptive pardon actually says. “You are free for whatever you may have done in the past, and the federal government can’t prosecute you for it.” That used to be an extraordinary constitutional … Read more
Can social media still grow when AI is replacing search, creators, and advertising?
Snap’s earnings this week may end up answering a much bigger question than whether the company beat estimates. Can social media still grow when AI is changing the way people search, create content, and discover information? For more than a decade, the formula was simple. Get more users. Keep them scrolling longer. Sell more ads. … Read more