They may be proven right: after all, Warsh “never lets you down,” in President Trump’s own words...

...but European investors seem unperturbed (and clearly not offended enough to start selling US assets)...

Silver: Parabolic + Thin Liquidity + Vol Panic = Tears

US President Trump says he will announce his Fed pick on Friday. Reports suggest the administration is leaning towards Warsh.

Hearkens back to infamous Riyadh Ritz-Carlton purge amid cash crunch...

This is what a broken feedback loop looks like in gold.

... the decision to move the clock forward... reflects escalating threats from nuclear weapons, accelerating climate change and the potential misuse of emerging technologies...

What we are witnessing is the reaction of the economy to ever-rising energy costs and higher input prices, which - made visible through the inflation index - are passed on to customers and artificially inflate the headline figures...

"Going to be a lot of zeros"

The number of new babies born in China dropped to 7.9 million in 2025, the lowest number in more than seven decades...

Budapest claims Ukraine is seeking to influence Hungary’s April vote to bring down Orbán's government in favor of the opposition Tisza Party...

Regional concerns vary, with tariffs dominating in Asia-Pacific and inflation and conflict leading fears in the Americas...

Faced with dramatic housing shortages, steadily rising rents, and exploding property prices, policymakers respond with even stronger regulation and rent controls. This is a policy of artificial scarcity, as investors retreat from the market due to declining expected returns.

In reality, the United States is attempting to reposition itself within a new world order...

Across the U.S., age profiles vary widely by region...

‘This most beautiful system ... could only proceed from the counsel and dominion of an intelligent and powerful being,‘ wrote Newton.

"...the smell of liquidation in the morning..."

...with new 30-year asset-class-return projections baked in

...definitely not racist, though.