October 25
Why Washington’s Word Is Worthless | RTruth
It is now an axiom of international relations that no American president can bind his successor. The Russian diplomatic establishment has learned through bitter experience that an agreement with Washington is not a treaty; it is a temporary executive posture that can be canceled by the next presidential administration, rewritten by a hawkish Congress, or sabotaged by unelected bureaucrats in the intelligence community.
CBB Weekly
We need to talk about Thursday. It’s now basically (at least) a “holy crap” moment a week. But Thursday’s “moment” was different – more destabilizing, more alarming. The session certainly confirmed that the unfolding de-risking/deleveraging dynamic is globally systemic - and it’s accelerating.
Debt Rattle
The Week in Pictures
Mkts 2Y 10Y 30Y
Brent is $114.67 at 7:30 Friday
News
If there were a viable military option against Iran, Trump would have taken it already | Wauck
The military option isn’t there—as John Mearsheimer eloquently maintains on a regular basis—and it’s not getting better with time. To the contrary. Trump isn’t actually stupid, and I don’t think he’s suicidal—despite having put himself into a suicidal position. Yes, he’s getting pretty old, and that exposes his deviant personality more clearly than before.
Study finds 58% get news from Apple News, Google News, Yahoo News, or MSN | Peak
The study reported that right-leaning sites were 15 percent of top outlets studied but got 1 percent of Apple News top-feed slots and 2.7 percent on Google News. Zero of 620 January Apple top stories were from right-wing sources, according to the study. Of 487 February Google News top stories, 2.2 percent were right-leaning. Apple News is preloaded on iPhones and Google News on Androids.
Museum in Glasgow pulled Egyptian mummies, stating the deceased did not give informed consent.
Cleveland Fed CPI Forecasts for October
Headline: 0.25 m/m and 3.75% y/y
Core: 0.21 m/m and 2.48% y/y
AAA gasoline on 10/25: $4.289 and is down $0.20 from $4.492 a month ago
CPI is calculated using pricess the first 21 days of a month
Insta
Uruguay has a population density of 50.1 people per square mile, compared to the average of 144.1 people in other countries. Uruguay has 560,395 sq ft of land per person and ranks 173rd out of 197 countries (most to least densely populated).
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