Nike shares tumbled the most in eight months in premarket trading in New York after a mixed third quarter, reigniting concerns that turnaround efforts are being slowed by soft demand trends in China and ongoing problems at Converse. North America was a bright spot in second-quarter earnings. Citi analyst Paul Lejuez noted that product liquidations […]

Authored by Charles Hugh Smith via OfTwoMinds blog, Every nation is operating on models that are collapsing without those at the controls being aware that the implicit assumptions of their models no longer map reality. A recent article lays out the collapse of the dominant geopolitical model of “rising powers generate conflict”: The Stagnant Order And […]

President Trump ordered the suspension of the U.S. green card diversity lottery after federal investigators said the suspect in the Brown University shooting and the killing of an MIT nuclear scientist was a non-citizen who entered the country through the program. Homeland Security Secretary Kristi Noem wrote in an X post late Thursday that, at […]

IN THIS ISSUE: Big Banks No Longer Bound by Federal Climate Accounting Rules Democrat-Run States Have Higher Energy Costs An Alternative Causal Mechanism for Climate Change Proposed Big Banks No Longer Bound by Federal Climate Accounting Rules In another big move against climate alarmism under the Trump administration, quietly on October 16, the Federal Reserve, […]

As TMD reported back in July 2024, the first Trump administration was under the impression that the Islamic State’s power had waned. In March 2019, a U.S.-backed coalition declared “mission accomplished” in the campaign to retake territory controlled by the Islamic State in Iraq and Syria (ISIS). Soon after, then-President Donald Trump withdrew American troops […]