Piousbox

Hooters said they will end bikini nights (didn't know it was a thing) and just serve boring food, in a bid to be "friendly".

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How about helping young hard-working men find beautiful moral women who treasure motherhood and education so that both can come together, build a self-sustainig home and rear a lot of healthy children who grow up to be productive and healthy members of a civilization-building society?

Masculine, powerful, strong, moral, armed, men are the natural enemy of evil.  That is why there is a concerted effort to eliminate them.

In a surprising announcement made Friday afternoon in a tweet, Elon Musk said that he sold social media platform X, formerly Twitter, to his AI startup firm xAI for $45 billion in stock. The deal includes $12 billion in debt owed by X.

I haven't followed this in a while, I don't have alerts set up for this - but as a reminder, the yield curve has un-inverted, and has stayed uninverted for some days. We usually see "official" "recessions" when this happens: not when the yield curve inverts, but when it uninverts, or shortly after.

From Zerohedge.

Well, it's official: Powell came, saw, and unlike two years ago when, with with CPI rising almost double digits the uber-hawkish Fed chair warned of "pain" to come, this time he couldn't be more dovish.

Authored by John Rubino via Substack,

Pretend, for a moment, that it’s 1971 and you’re President Richard Nixon (admittedly disturbing fantasies, but bear with me). You face the perennial government income/outflow dilemmas, and other countries, noting your struggle, are trying to cash their dollars in for your limited pile of gold bars.

Via Zerohedge.

When stocks are ejected from market-cap-weighted indexes, swooping in to load up on them -- and hold on to them -- can pay off nicely, according to a new paper from Newport Beach, California-based Research Affiliates LLC.

^ Another indicator, called "credit spread." When people panic, when recession hits, yield on junk becomes much higher than yield on treasuries. In time of panic, the credit spread widens, blue line (junk yield) goes up, purple line (treasury yield) goes down. We are not in panic mode yet.

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