January 24, 2025 No Comments Markets
Authored by Jonathan Turley, One of the least successful efforts of the left and many in the media this election was to paint Republican voters as “Nazis” hellbent on destroying democracy. While once verboten as a political comparison, liberal politicians and pundits have developed something of a Nazi fetish, where every statement and gesture is […]
January 24, 2025 No Comments Markets
Update (1322ET): US Rep. Tony Gonzales, R-Texas, posted on X this morning that the US Department of Defense and US Immigration and Customs Enforcement deported 80 Guatemalan illegal aliens from Biggs Army Airfield at Fort Bliss in El Paso, Texas. The mode of transportation was a Boeing C-17 Globemaster III. “Early this morning the Department of Defense […]
January 24, 2025 No Comments Markets
On Thursday President Trump shocked the World Economic Forum after he called out Bank of America CEO Brian Moynihan – and other banks, for discriminating against conservatives. President Trump to Bank of America CEO Brian Moynihan: “I hope you’re going to open your banks to conservatives because what you’re doing is WRONG.” pic.twitter.com/Ob3pwN9cAm — Trump […]
January 24, 2025 No Comments Markets
By Bas van Geffen, Senior Macro Strategist at Rabobank Davos got hard Trump treatment yesterday. He demanded that Saudi Arabia and OPEC lower oil prices to end the Ukraine war, and a rounded up $1 trillion in Saudi investments into the US despite those lower prices. Will Trump offer a US nuclear power and defence […]
January 24, 2025 No Comments Markets
Authored by Philip Wegmann via RealClearPolitics, Shortly after taking the oath of office, Secretary of State Marco Rubio sent a cable to every U.S. diplomatic and consular post worldwide. The stark message from the new diplomat: Sweeping changes are coming to a department that had mistakenly emphasized “ideology over common sense” and “misread the world.” […]
January 24, 2025 No Comments Markets
Texas Instruments issued a weaker-than-expected earnings forecast for the first quarter, signaling continued softness in key end markets. Goldman analysts reiterated a “Sell” rating on TXN, citing concerns over elevated valuations, lower fab utilization, and record-high inventory levels that may further pressure margins. TXN expects first-quarter 2025 revenue between $3.74 billion and $4.06 billion, compared with the Bloomberg […]
January 24, 2025 No Comments Markets
Authored by Lance Roberts via RealInvestmentAdvice.com, I recently debated with Michael Pento, who made an interesting statement that increases in the money supply, the deficit, and a return to quantitative easing (QE) will lead to 1970s-style inflation. The recent experience of inflation in 2021 and 2022 would seem to justify such a view. However, is […]
January 24, 2025 No Comments Markets
Ukrainian sources say that Russia was hit with over 50 explosions at oil and industrial targets as it launched a massive new drone attack Friday. This included a direct overnight hit on Russia’s Ryazan Oil Refinery and the Ryazan Thermal Power Plant, leaving parts of them on fire. “As a result of the strikes, fires broke out at […]
January 24, 2025 No Comments Markets
Authored by Steve Watson via Modernity.news, A panel of globalists at the World Economic Forum meeting in Davos remarkably admitted that President Trump and his America first movement has defeated their agenda. In a segment of their discussion focusing on Trump’s election victory, former Defense Department official Graham Allison, now a professor at Harvard, remarked […]
January 24, 2025 No Comments Markets
US Existing Home Sales rose for the third straight month in December (longest streak since late 2021), rising 2.2% MoM and up 9.3% YoY – the best annual shift since June 2021… Source: Bloomberg Contract closings increased in three of four US regions, led by a nearly 4% rise in the Northeast “Home sales in […]