Did Ukraine secretly attack Hungary and Romania?
It has not been proven that it is Ukraine who attacked the oil refineries in Hungary and Romania. But the circumstances force the question of whether it is a Ukrainian false flag.
Notes in the Margin
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Thanks to years of Fed-fueled inflation, consumers are tapped out
NBC reports: "companies are seeing wealthier Americans spend more while lower-income Americans are paring back."
Israeli gov’t upset about leaked footage of IDF soldiers raping prisoner
Tel Aviv vows to investigate the leaks, but is untroubled by the rapes themselves.
Sky-high prices in Vegas lead to fewer tourists
The Las Vegas Convention and Visitors Authority reported an 11 percent drop in visitors year-on-year in June, followed by a 6.7 drop in August.
Bill Kristol endorses Zohran Mamdani for NYC mayor
Bill Kristol: "I think a lot of the younger Democrats are quite impressive."
American Conservative: Don’t Do It, Mr. President
U.S.-led regime change in Venezuela would worsen the problems Trump promised to fix.
The Federal Reserve cuts the target interest rate by 25 bp
"the Committee decided to lower the target range for the federal funds rate by 1/4 percentage point to 3-3/4 to 4 percent."
Javier Milei’s party wins mid-term elections
Milei's party won pluralities nationwide: “we will have 101 deputies instead of 37,” said Milei. “...in the Senate, we will go from 6 senators to 20."
U.S. Treasury Yields Signal Fed Rate-Cut Expectations
Markets price in a near 97% probability of a 25-bp rate cut in Oct and a 94% probability of another 25-basis-point rate cut in Dec.
Trump calls off trade talks with Canada over Ontario’s anti-tariff ad
Trump's rule-by-decree protectionism continues as he insists Americans must pay more taxes to get Canadian goods and raw materials.
