busman's holiday

New study finds that Gen Z prefers buying levered semiconductor ETFs over having sex (Per @Yale)

Holy moly. Kuwait exported zero barrels of crude oil in a single month for first time in over 30 years.

Today, the U.S. is staring down an almost $40 trillion debt burden, a $2.5 trillion annual deficit, a $9 trillion maturity wall, and an already staggering $1.3 trillion interest payment spend in 2026. The Fed cannot raise rates without doing significant damage to the government.

Some fields work in theory but not in practice. Some fields work in practice but not theory. The uniqueness of economics is that it works in neither theory nor practice.

@CapitalObserver Speaking of the bear case, what the heck has happened to $chkp ? Any thoughts why it has been cut in half…?

The bear case

When AI hits security there will be signs

The Fed expanded the money supply by nearly $9 trillion under Powell. Inflation has averaged >4% per year over the past 6 years. Powell's explanation? It was nearly all due to rolling “supply shocks" over which the Fed has no control. The truth: this inflation was made in Washington as it always is - from too much government borrowing/spending and too much government creation of money.

Americans will spend half a *billion* dollars million more on gasoline over the next 24 hours compared to March 1.

Let's run an experiment: Divide a nation into two, make one of them socialist, and the other capitalist 🧐 _

If you just put your entire portfolio into $GOOGL last April and then sat on the beach, you'd be up +155% in one year… You stupid idiot.

Cities don’t fail because of billionaires They fail because of socialists

We had a black president for eight years and not one white racist Republican redneck took a shot at him. Ever.

Too good not to repost…

"NO KINGS" crowd greets King Charles with a standing ovation

Our founding fathers never even considered the possibility that illiterate third world women would one day be shipped into this country and then elected to congress. We are discovering a method of national suicide that never entered the minds of the founders.

Why does my Ring camera have IMAX footage of a raccoon demolishing last night’s pizza out of my trash… but a White House event looks like it was filmed on a cracked flip phone from 2007? We pay taxes for this?

Thai Foreign Minister: We asked for China’s help to pass 8 ships to us through the Strait of Hormuz. They told us that they are struggling to pass 70 of their ships.

Imagine thinking you're going down in history as some latter-day Brutus or John Wilkes Booth by killing the President of the United States but instead you get taken down, stripped naked, wrapped in tinfoil and the President posts pictures like this of you on his social media. 😭

The fair market value of oil ticks up every day that goes by without an articulated plan for how to end the war.

The owner of the Minocqua Brewing Company in WI who mourned the shooter missing is running as a Democrat for State Assmebly. He also just pleaded guilty to disorderly conduct charges for harassing a local business owner Voters, beware! Don’t let this maniac anywhere near office