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.” […]

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 […]

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 […]

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 […]

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 […]

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 […]

Authored by Eric Lendrum via American Greatness, On Thursday, the newly-announced program lineup for CNN noticeably did not include at least one prominent figure on the network: Anchor Jim Acosta. As Fox News reports, the 10 AM slot previously occupied by Acosta’s show is now being replaced with “The Situation Room with Wolf Blitzer and Pamela Brown.” […]

In the final data for UMich Consumer Sentiment survey, inflation expectations (both short- and long-term) surged higher in January… Source: Bloomberg …but it’s all Democrats who see prices up 4.2% in the next year (while Republicans expect barely any change in prices)… Source: Bloomberg Concerns over the future trajectory of inflation were visible throughout the […]

Shares of Novo Nordisk A/S surged in European trading after the Danish pharmaceutical giant announced promising early-stage trial results for its next-generation obesity treatment called “amycretin,” which demonstrated 22% weight loss. The positive data helped reverse negative sentiment surrounding Novo after disappointing trial results from another weightloss drug in December. According to early-stage trial results published on Novo’s […]

With expectations mixed (Services down, Manufacturing up) amid a rebound in ‘hard data’, preliminary January PMIs moved as expected but with considerably more magnitude. S&P Global US Manufacturing PMI jumped back above 50 (50.1) from 49.4 (better than the 49.8 expected). S&P Global US Services PMI tumbled to 52.8 from 56.8 (well below the 56.5 […]