Notes in the Margin

The Walmart Recession Signal (WRS), which measures Walmart's stock price against a basket of luxury stocks, shows high risk of a sharp economic downturn.

"...the power of the state expands and the liberty of the citizen contracts." 

Thanks to Trump-caused global price hikes, the Chilean Left has a much easier time destroying Chile's new Catholic anti-socialist leader. 

For the first time in many centuries, Christians cannot enter the the Church of the Holy Sepulchre.

Only 22% of surveyed Americans correctly stated the top source of foreign oil in the US: Canada. 

So far in March barely six vessels per day on average have traversed the strait. That compares with about 135 a day in normal times.

"There’s no sign that real diplomacy is underway despite Trump’s claims."

"The conference had hundreds of empty seats as the audience seemed in a sleepy mood, as the crowd cheered for impeachment hearings in an awkward moment."

"Milei’s approval rating fell ... to the lowest level since he took office as corruption allegations ensnared his government, unemployment climbed..."

The problem reaches beyond subsidies, mandates and regulation.