SEC Case Against Musk Over Twitter Stake Heads to Trial Elon Musk and the U.S. Securities and Exchange Commission are no longer pursuing a quick settlement and instead appear headed for a courtroom fight over Musk’s 2022 takeover of Twitter, according to Bloomberg. In a status update filed Wednesday, both sides said they had explored possible resolutions but ultimately agreed the case isn’t suited for mediation. “The parties […]

Diesel Surges Above $8 In San Fran As Gulf Shock Exposes California’s Disastrous Policies The Gulf energy shock is exposing the consequences of California’s economic mismanagement under the state’s one-party rule of Democratic kings and queens. Years of failed “green” policies, regulatory overreach, high taxes, endless environmental mandates, and heavy reliance on Asian refineries have transformed California into an energy […]

Wildfire And Drought Risks Spike As California Enters Dry Season With Just 18% Snowpack California is entering its dry season with far less snow than usual, heightening drought concerns across the state, according to Bloomberg. Snowpack stands at just 18% of normal statewide, according to the Department of Water Resources. Conditions are especially severe in the Sierra Nevada: the northern region has only 6% of typical levels, […]

Obama’s Tower Of Doom Is Harder To Get Into Than America Itself Authored by Steve Watson via Modernity.news, In yet another jaw-dropping display of elite hypocrisy, Barack Obama’s Chicago Presidential Center – long derided as the “Tower of Doom” – now requires proof of U.S. citizenship or lawful permanent residency just to enter a ticket giveaway for its grand opening ceremony on June 18, 2026. While Democrats in […]

Oil Up, Stocks Down As War Rhetoric Rises, Deadlines Loom After a long weekend of kinetic and verbal escalation (and a strong payrolls print), and with President Trump reminded Iran that his deadline for a deal looms, it is no surprise that oil prices are higher in early trading… WTI topped $115… Near post-war highs… And despite the recent hope-filled decoupling of oil and stocks… …S&P futures also weak, […]

Iran Threatens “Complete And Utter Annihilation” Of OpenAI’s $30BN Stargate Data Center In Abu Dhabi In a move that may well have been sponsored by Dario Amodei or Elon Musk, Iran’s Islamic Revolutionary Guard Corps (IRGC) issued a clear public warning to the US that any damage inflicted on Iran’s power infrastructure will be met with decisive retaliation. Specifically, IRGC spokesperson Brigadier General Ebrahim Zolfaghari […]

OPEC+ Agrees To Boost Output By Another 206,000 Barrels A Day When Strait Of Hormuz Reopens With the world’s attention glued to every headline out of Iran, it is understandable why today’s OPEC+ meeting was largely ignored, although with roughly 12% of global oil output throttled at the Strait of Hormuz, it’s not as if even OPEC+ could do much to offset the supply shock.  Earlier on Sunday, the oil-producing cartel (where Iran is […]

What Season Is It? March temperatures across the Mid-Atlantic region were all over the place, swinging from the low 70s to cold and snowy the next day; the same pattern appears to be carrying into early April. Temperatures across the Washington, DC-Baltimore metro area were in the low 80s on Saturday, while New York City was in the high 60s. More of March’s schizophrenic weather looks set to return Monday night into Tuesday, […]

The Four Iran War End-Games Revisited, And The Peak Pressure Points Submitted By Peter Tchir of Academy Securities A Yogi Berra Kind of Weekend There is something special about “home openers.” The baseball season can drag on, but the home opener is such a great reminder that summer is on the way and that the possibility of winning it all remains in your reach. Maybe that is why I have Yogi Berra on my mind. Or maybe, and far […]

‘Open The F**kin’ Strait’: Trump Threatens To ‘Blow Everything Up’ If No Iran Deal By Tuesday Summary:  Trump offers Iranian negotiators amnesty, threatens to ‘blow everything up’ if no deal IEA Head warns Asia (implying Beijing) is panic hoarding fuel Trump warns Iran ‘Open the Fuckin’ Strait’ or “you’ll be living in hell’ Trump Talks With Fox Reporter About US-Iran Negotiations  Shortly after President Trump […]

Feds Clear Path To Keep California’s Last Nuclear Power Plant Open For 20 More Years Federal regulators have approved keeping the Diablo Canyon nuclear plant running for decades longer, granting 20-year license renewals for its two reactors, according to Yahoo/San Fran Chronicle.  Located on the San Luis Obispo County coast, Unit 1 is now cleared to operate through 2044 and Unit 2 through 2045. The decision marks a significant […]

Trump Seeks $152 Million To Reopen Alcatraz Prison Authored by Kimberley Hayek via The Epoch Times, The White House on Friday requested $152 million to reopen Alcatraz, which is offshore from San Francisco, as a federal prison. The funding appears in the proposed budget for fiscal year 2027, released by the administration. It would cover first-year costs for the Federal Bureau of Prisons to rebuild the island facility into “a […]

The New York Times Made A Humiliating Error, And Trump Is Just Loving It Authored by Matt Margolis via PJ Media, The New York Times set out Friday to embarrass President Donald Trump over his hardline stance on NATO. It wound up spectacularly backfiring on them. AP Photo/Mark Lennihan, File Several NATO nations have declined to join a U.S.-Israel military operation targeting Iran. Alliance members also refused Trump’s requests to […]

Did This Small Device Help Special Forces Locate Downed F-15 Crew The New York Times confirmed that U.S. Special Forces operators were behind the recovery of the second crew member from the downed F-15E fighter jet, locating and extracting the weapons systems officer in a daring overnight mission deep inside Iranian territory. Confirmed presence of Seal Team 6 in pilot rescue op moved the “US forces entering Iran” market to 100%. […]

“Unprecedented” Withdrawal Requests Now Hitting Private Credit Submitted by QTR’s Fringe Finance Late last week it was reported that one private credit company has effectively frozen up under a wave of redemption requests, an abrupt liquidity crunch that will likely do lasting damage to what little credibility it still had with investors. This is exactly the kind of stress event I’ve been expecting ever since I flagged that […]

DOE FY27 Budget Requests $45 Billion in Nuclear Funding The White House fiscal year 2027 budget proposal has requested almost $54 billion for the Department of Energy in fiscal year 2027, with almost 80% of that funding going towards nuclear energy and nuclear deterrent programs. The funding request represents a nearly $5 billion increase from 2026 levels. Outside of the $32.8 billion in funding requested for the National Nuclear […]

Eisen Vs Every ‘Trumper’: There Is Quite A Battle Shaping-Up… Authored by James Howard Kunstler, The Red Line “The ends must justify the means — the only question is what means are necessary.” – Saul Alinsky Why do the news anchor ladies of CNN, Erin Burnett, Kate Bolduan, always look so depressed on the air? They never smile. Their faces always register something between grave concern and hysteria. Is it the network’s […]

Global Plastics Supply Chains Further Pressured As Abu Dhabi Petrochemicals Plant “Suspended” After Attack One of the UAE’s key petrochemical hubs halted operations early Sunday after falling debris from an air-defense interception sparked multiple fires. The incident adds to a growing list of disruptions across Gulf petrochemical infrastructure, highlighting major risks and potential incoming disruptions to the global supply chain […]

The Reflexive Rally Was Not Surprising Authored by Lance Roberts via RealInvestmentAdvice.com, The market rallied on Tuesday and Wednesday, with Tuesday’s rally one of the best trading days since 2022. However, that should also be unsurprising, since the best trading days tend to cluster with the worst market periods. As we noted in Stock Market Breadth on Monday: “The single most damaging decision most investors make […]

Third Order Effects Begin: U.S. Airlines Hike Bag Fees As Jet Fuel Prices Spike The New York Harbor jet fuel benchmark has doubled in just five weeks as the aviation fuel crisis spreads from airport to airport worldwide following ongoing disruptions at the Hormuz chokepoint. The third-order effects of that energy shock began to materialize this past week, with major U.S. airlines raising checked-bag fees to offset soaring fuel […]

“WE GOT HIM!”: Trump Says As 2nd Downed Pilot Recovered In High Risk Iran Special Forces Raid After ‘Dicey’ Firefight Summary Second downed pilot recovered after US Special Forces raid and firefight inside Iran. Fire Breaks Out At Kuwait Oil Ministry Complex After Iran Drone Strike President Trump reminds Iran of deal timeline, threatens “all hell will reign down” if time runs out. Israel launched heavy strikes on […]

Czech Government Caps Fuel Prices And Cuts Diesel Tax To Combat Surging Costs At The Pump By Thomas Brooke of RMX news, The Czech government has moved to cap fuel prices and slash diesel taxes in an effort to curb rising costs due to the ongoing international energy crisis, announcing a system that will see the state set maximum daily prices for fuel across the country. Prime Minister Andrej Babiš said the intervention follows […]

All German Men Aged 17-45 Must Now Obtain Army Approval For Trips Abroad Lasting Over 3 Months All German men aged between 17 and 45 now need approval from the Bundeswehr – i.e., the German army – for longer stays abroad. Under the new Military Service Act, this applies to trips abroad lasting more than three months, the Defence Ministry has announced. The daily Frankfurter Rundschau was the first to report on the change. The rule […]

Time For Europe To Defend Itself Authored by J.B. Shurk via American Thinker, Americans shouldn’t fight for a suicidal continent. Four years ago, the Biden administration was working with the United Kingdom and the European Commission to pay for diminutive comedian Volodymyr Zelenskyy’s war with the Russian Federation over territories where supermajorities of the population identify as Russian.  We were told that the […]

Ex-CIA Analyst: Trump’s Claim About Obliterated Iranian Air Defenses Was Premature Authored by former CIA officer Larry Johnson During his Wednesday night speech, Donald Trump made the following claim about Iran’s air defenses: “They have no anti-aircraft equipment, their radar’s 100% annihilated, we are unstoppable as a military force.” The White House followed this Friday, with a statement from a spokesperson, Anna Kelley, […]