May 23, 2026 | Trading Desk Notes for May 23, 2026
Another all-time high for the S&P, up ~18% from the March lows The S&P has closed higher for 8 consecutive weeks, something that has happened only 6 times since 1998. The S&P is up ~56% from the April 2025 “Liberation Day” lows (blue ellipse), and ~115% from the 2022 lows (pink ellipse) when the market began to […]
May 23, 2026 | This Week in Money
- Ross Clark: Stock Markets, Oil, Gold, Silver, Bitcoin, USD, Canadian Dollar.
- Victor Adair: (11:05) Iran War, Stock Markets, Space X, Oil, Currencies, Metals Markets.
- Bob Moriarty: (40:24) Rich and Poor, Iran War, Copper, AI, Lithium, Uranium, Silver.
May 22, 2026 | The Xi Trump Summit and The Thucydides Trap
When Xi Jinping invoked the Thucydides Trap at the Trump-Xi summit in May 2026, he was doing more than referencing ancient history. He was signaling something about the present. The Thucydides Trap theory comes from Graham Allison’s 2017 book Destined for War: Can America and China Escape Thucydides’s Trap? Allison, a professor at Harvard, draws on the […]
May 22, 2026 | Cuban Crisis Escalating
The Cuban crisis is becoming far more dangerous than most people understand because this is no longer simply about Cuba. This is about the global war cycle accelerating exactly as the models projected years ago. Once great powers begin directly confronting each other in each other’s spheres of influence, history shows that events start moving […]
May 22, 2026 | The New Fed Head Seems Right
Bonds, not the Fed, control most interest rates.
May 21, 2026 | Britain Desperate for Oil
Britain is now discovering you cannot dismantle your industrial and energy base, wage war on domestic production, impose endless climate regulations, and still expect to maintain a functioning economy. Reality eventually arrives no matter how many politicians attempt to legislate against it. The UK is quietly loosening oil and gas restrictions because the country is […]
May 21, 2026 | SpaceX IPO Excitement Rocketing
Will change in Fed head make a difference?
May 21, 2026 | Surging Stock Market Ignoring the Economy
Living to 120 will soon be normal
May 20, 2026 | EU Commissioner Blames Stagflation on War
Europe is now openly admitting it faces a stagflation shock, but this crisis did not suddenly appear because of the Iran war. The war merely accelerated a collapse that was already well underway due to years of catastrophic policy decisions. Valdis Dombrovskis, European Commissioner for Economy and Productivity, described the situation as a “stagflationary shock” […]
May 19, 2026 | Recession Watch: Inflation Spikes, Bonds Rebel
The latest Middle East war is approaching its three-month anniversary, and the price of everything related to energy and fertilizer is way up: As go energy and fertilizer, so goes food. Beef, for instance, was already rising. But now it’s spiking. See Wolf Street’s Food Inflation in America by Product: It Boils Down to a Sharp Acceleration on […]
May 18, 2026 | Medical AI Breakthroughs – The Future of Medicine
For years, many people dismissed artificial intelligence as little more than a threat to jobs or another speculative technology bubble. Yet beneath the political noise and media hysteria, one of the most important medical revolutions in modern history is quietly beginning to emerge. Artificial intelligence is now helping doctors detect diseases earlier, develop drugs faster, […]
May 17, 2026 | Becoming Invisible, Part 19: You Only Think You Own Your Car
Modern vehicles had already become “rolling surveillance devices” by the beginning of this decade. But that’s just the start. Much more dystopian tech is in the pipeline. Consider the following, from a couple of recent X posts: In new patents filed with the US Patent and Trademark Office (Serial No. 20250104469), Ford is envisioning a future where […]
May 16, 2026 | Trading Desk Notes for May 16, 2026
The S&P has its biggest down day on Friday since late March After rallying nearly 19% from the March lows to record highs on Thursday, the S&P slumped on Friday as bond yields soared, front-month Brent crude oil rose to ~$110, and Hormuz remained a Gordian knot. The S&P has closed higher for seven consecutive […]
May 16, 2026 | This Week in Money
- Ross Clark: Stock Markets, Oil, Gold, Silver, USD, Canadian Dollar.
- Josef Schachter: (9:45) Iran War, Energy, Alberta Separatism.
- Mark Leibovit: (33:07) El Niño and the Financial and Commodity Markets, The US Clarity Act.
- Jim Willie: (55:19) US-Iran War, Trump, China, Inflation.
May 15, 2026 | The Taiwan Risk Investors Forget
China’s long history of interest in Taiwan stems from its view that the island is part of a single Chinese nation, a belief rooted in centuries of cultural and political ties. That perspective has shaped Beijing’s policies since the mid twentieth century and continues to influence every diplomatic exchange today. It is against this backdrop […]
May 15, 2026 | Are We in for a Financial Climate Change?
Are the bond markets in trouble?
May 14, 2026 | They Are LYING About Inflation
The government will never tell the truth about inflation because if they did, confidence would collapse. They always alter the formulas, revise the definitions, and pretend the economy is improving while the average person knows damn well something is seriously wrong. The April producer price numbers are simply confirming what anyone running a business already […]
May 13, 2026 | The COVID Cover Up- Is The New Virus A Sequel?
The rumors are that both the EU and India are contemplating using this new virus for lockdowns to force the price of oil back down. Oil during COVID fell to $6.50. Is this the new agenda to deal with an energy crisis?
May 12, 2026 | Canadian Insolvencies on The Rise
Last week, we learned that Canada lost 47,000 full-time jobs in April, while part-time employment edged up by 29,000. April’s loss means Canada has shed jobs in three of the first four months of 2026, for a total of 112,000 jobs lost since January. Nationally, the unemployment rate rose 0.2 percentage points to 6.9%. Employment […]
May 11, 2026 | No Price Too High
Happy Monday Morning! No Real Estate developer epitomizes the Vancouver Real Estate bull market quite like West Bank. Lavish luxury towers that shine above the Vancouver skyline, sold at record breaking prices. There was seemingly no price too high! After all, it was art in the sky, and chandeliers under bridges. Impressive sales centres, unparalleled […]
May 10, 2026 | Art of the Collapse, May 2026
With public support for the Iran war declining, the Deep State needs another distraction. And right on cue… Dr. Fauci Reports Amazing Results In Gain-Of-Function Research At New Cruise Ship Laboratory (Babylon Bee) — Dr. Anthony Fauci announced today that he has achieved a remarkable breakthrough in gain-of-function research at his mobile laboratory aboard a cruise […]
May 10, 2026 | The Abundance Paradigm: Why AI Forces Rethinking Money Itself — Part 1
from Scheerpost A Universal Basic Income (UBI) has long been proposed as a way to cushion the blow of jobs lost to automation. Under that model, everyone receives a modest monthly payment – enough to cover basic needs and prevent extreme poverty. But Elon Musk has gone further. On April 16, he posted on […]
May 9, 2026 | Trading Desk Notes for May 9, 2026
The S&P fell ~10% in March, but surged higher for the last 6 weeks, up ~17% to new record highs The Nasdaq outperformed the S&P, rising ~28% in 6 weeks. The SOXX, the semiconductor ETF, gained ~70% in 6 weeks. North Asian markets (Taiwan, Japan and South Korea) also surged higher, with the (Korean) EWY ETF up […]
May 9, 2026 | This Week in Money
- Ross Clark: Stock Markets, Bonds, Oil, Gold, Silver, USD, Canadian Dollar, Bitcoin.
- Eric Hadik: (10:18) Market Cycles, Energy, Currencies, Agricultural Markets.
- Rick Ackerman: (40:05) Market Crash, US Economy.
May 8, 2026 | A New Voice in Omaha
Greg Abel stepped onto the Omaha stage last weekend facing a question that has lingered ever since Warren Buffett named him successor: can anyone really follow the Oracle? What struck me is that Abel didn’t try to mimic Buffett’s folksy charm or marathon‑style showmanship. Instead, he leaned into who he is — a measured operator […]














