BREAKING: Fed Chair Kevin Warsh announces that the Fed has "dropped" forward guidance.
"Forward guidance is not the business we should be in," he says.
All the major tech founders today did not have social media when they were kids. They grew up fine. That is not to say that tech guys are "fine" but that argument that banning kids from social media cause more harm is just not right.
If you have kids, you prepare them to enter the world as adults. Children are not equipped to deal with the algos and randos on the net.
There are adults who fail victim to social media and get depressed so what chance would children get.
Shut it down.
CME has announced plans to 24/7 trading for new, smaller-sized crude oil contract. The round-the-clock WTI contract will be for 10 barrels (the current size of the WTI normal contract is for 1,000 barrels). https://t.co/dAyMIeh0e1
Hormuz has been shut for over 3 months. Why isn’t oil $200?
🇺🇸 Record US exports
🇨🇳 Sharp/unexpected drop in Chinese demand
🛢️ Pre-war surplus and SPR releases
🗺️ Gulf producers reroute some supply
https://t.co/vf1pzRSr5V
Inflation in Europe is rising rapidly:
Eurozone Manufacturing PMI Input Prices spiked to 80 points in May, the highest since May 2022.
This also marks the largest monthly increase in costs for firms over the last 4 years.
Furthermore, PMI Output Prices surged to 62 points, the highest in 3.5 years.
The rate companies are increasing the prices they charge for goods they produce has surged +12 points, or +24%, since the start of 2026.
This surge has been primarily driven by rising energy and raw material costs.
Meanwhile, supply chain delays are up to the highest level since the pandemic supply squeeze of 2022, adding further pressure on prices.
As a result, factories are forced to pass higher costs on to customers, which will push inflation even higher over the next few months.
Price pressures across Europe are accelerating.
Fiat currencies are in an eternal bear market against gold:
Since 1971, the US Dollar has lost -99.24% of its value against gold, the 2nd-largest decline among major currencies.
Over the same period, the British Pound has declined -99.57%.
The Euro would have lost -99.08% against gold if it had existed since 1971.
Furthermore, the Japanese Yen and Swiss Franc have dropped -98.27% and -96.07%, respectively.
Meanwhile, gold prices in US Dollar terms are up +11,119% over the same timeframe.
Own assets or be left behind.
Just one question, since we are all in on the AI trade, how we going to get there without with massive amounts of oil, critical minerals, industial metals, nuclear power, uranium, etc.
Here is just a simple mind blower: what do you need to build the actual physical structure of a data center? Cement. What do you need to reinforce cement, yup crude oil derivatives.
Reporter 🇺🇸 : Is the war really about Iran’s nuclear program?
CHINA 🇨🇳 : “No it's all about oil.”
Reporter: Why so?
CHINA: “A warmongering Israel has nuclear weapons, but Iran — the oldest civilization — can’t have them. That’s America’s biggest double standard.”
A slap in the face of global hypocrisy: Israel possesses a nuclear arsenal without accountability or oversight, while Iran is forbidden even from dreaming of defending itself. This is the ugly face of Western policy.
German AfD Leader Alice Weidel:
A German government under AfD leadership will seek peace with Russia, and balanced relations and exchange both with Russia and the United States, and also with China, one of our most important trading partners.
Wow! The U.S. injected ~9.9 million barrels of oil from its Strategic Petroleum Reserve into the market last week.
That’s a record high flow of >1.4 million barrels a day. It’s the second consecutive SPR record high flow rate.
Kyiv, May 16, 2026. A concert by Boombox.
But remember: holding presidential elections during wartime is too dangerous due to large crowds.
Zelensky is doing everything for the security of its people🙏
The birth-rate collapse isn’t just about money, housing, or women choosing careers. The sharper diagnosis: fewer couples. Across the world, young people still say they want kids. But they socialize less, partner less, commit less – and become parents less. Smartphones didn’t make us infertile. They may have made us lonelier. The fertility crisis is really a bonding crisis. https://t.co/DSi1emv0HU
NYP Reporter: Prior to boarding Air Force One to depart Beijing, the entire U.S. delegation disposed of every item provided to them by their Chinese hosts. Gifts, badges, pins, and commemorative items were all dumped into a trash bin on site. The directive was absolute, no item of Chinese origin was permitted to board the aircraft. The precautions extended beyond the departure itself. Delegation members had left all personal electronic devices at home before traveling to China and operated exclusively on clean burner phones throughout the duration of the trip.
🚨 JUST IN: The White House drops an EPIC video of President Trump’s visit to China’s Temple of Heaven
The first President in over 50 YEARS to tour the landmark
Gerald Ford toured the temple in 1975, and no President has been back. Until 47 🇺🇸
Xi Jinping warned Trump that the US and China could “come into conflict” if the Taiwan issue is mishandled, according to Chinese state media.
Xi described Taiwan as the most important issue in US-China relations and said poor handling could push ties between the two countries into “a very dangerous place.”
🚨 HOLY CRAP! UK PM Keir Starmer has LOST over 1,303 Council seats
His Labour Party has lost WALES for the first time in 100 years
Nigel Farage's Reform SURGED over +1,400 seats! 🤯
THE PEOPLE ARE FURIOUS!
Take your country back! 🇺🇸🇬🇧