SNB & CHF

Tucker Carlson has rankled the ruling elites for many years. But was his interview with Robert Kennedy Jr. a bridge too far? Original Article: "Did Tucker's Last Major Guest Lead to His Firing?" [embedded content] Tags: Featured,newsletter

George Orwell’s The Road to Wigan Pier is a book for which I kept hearing recommendations. I was told that it contained biting criticisms of socialism and was a valuable source of antiauthoritarian thought. What I found, instead, was a snobbish text that ineffectually denounces snobbery, an erudite-sounding text that lacks any philosophical or economic depth, and a persistent veil of ignorance over and presumption in favor of state intervention for any of the...

By any conventional measures of finance, the Federal Reserve has negative equity. In the long run, cooking the books only puts off the day of reckoning. Original Article: "The Fed Is Overindebted, Isn’t It?" [embedded content] Tags: Featured,newsletter

On May 12, 2023, Elon Musk announced that Linda Yaccarino, the now former chairman of global advertising and partnerships at NBCUniversal, would become the new CEO of Twitter. Musk’s appointment of Yaccarino followed an advertiser exodus that caused Twitter’s ad revenue to plummet by more than 60 percent from October 2022 through January 25, 2022, from around $127 million to just over $48 million. According to Pathmatics, by Sensor Tower, more than half of Twitter’s...

Overview: Equities in the Asia Pacific region and Europe are being led lower by the sell-off in the US yesterday. All the large Asia Pacific markets fell with Hong Kong and mainland shares setting the pace. Europe's Stoxx 600 is off nearly 1.5%, which would be the largest loss in two months. Consumer discretionary, financials and real estate sectors are off nearly 2%. US equity futures have a softer bias. European 10-year yields are mostly 2-3 bp lower, but the UK...

While Japan made some technological transfers to these places, prosperity came to them later, with the advent of free-market economies. Original Article: "Was Japanese Colonialism the Engine of Later Prosperity for Korea and Taiwan? Probably Not" [embedded content] Tags: Featured,newsletter

Every day, more and more Americans are awakening to the reality that the institutions in control of this nation are failing them. From violence in the streets, inflation in our stores, increasing tyranny and censorship, and absolute buffoonery on public display in halls of political power. The ruling class is getting richer while most of us suffer, and new generations are becoming increasingly warped by the dangerous ideologies of the left. Recorded at The Depot...

Every day, more and more Americans are awakening to the reality that the institutions in control of this nation are failing them. From violence in the streets, inflation in our stores, increasing tyranny and censorship, and absolute buffoonery on public display in halls of political power. The ruling class is getting richer while most of us suffer, and new generations are becoming increasingly warped by the dangerous ideologies of the left. Recorded at The Depot...

Every day, more and more Americans are awakening to the reality that the institutions in control of this nation are failing them. From violence in the streets, inflation in our stores, increasing tyranny and censorship, and absolute buffoonery on public display in halls of political power. The ruling class is getting richer while most of us suffer, and new generations are becoming increasingly warped by the dangerous ideologies of the left. Recorded at The Depot...

Every day, more and more Americans are awakening to the reality that the institutions in control of this nation are failing them. From violence in the streets, inflation in our stores, increasing tyranny and censorship, and absolute buffoonery on public display in halls of political power. The ruling class is getting richer while most of us suffer, and new generations are becoming increasingly warped by the dangerous ideologies of the left. Recorded at The Depot...