USS Nimitz Reports Another "Dangerous" Interaction With Iranian Drone

As the world focuses on the escalating rhetoric between President Trump and Kim Jong-Un of North Korea, Iranian forces seem to also be growing increasingly hostile toward American Navy operations in the Persian Gulf with the AP reporting a second "dangerous" encounter with an Iranian drone in the span of less than a week.

Jim Kunstler Rages Against Everything: "One Really Has To Wonder How Long This Nonsense Goes On"

"If we’re entering a new civil war... it's because the thinking-enabled people of the center have been too cowardly to stand up against the rising tide of idiocy festering at both ends of the spectrum, and particularly on the Left with its direct wiring to the policy-making centers of American life, dictating how people must think and act, and what they should care about."

The Wrong Narrative In Charlottesville

"The political violence in Charlottesville yesterday was as predictable as it was futile...This relentless politicization of American culture has eroded goodwill and inflamed the worst impulses in society."

"This Has Never Happened Before": Goldman Warns Low-Vol Regime Is In Jeopardy

This morning Goldman points out something that has never been observed before: the ratio of VVIX to VIX, or the vol of vol relative to implied volatility as per the VIX, just hit the highest level on record, while the VVIX itself spiked to the highest level since the August 2015 ETFlash crash.