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Degens Deteriorating
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NOW - FED Chair Powell says rising energy prices will push up inflation, and it is too early to judge the magnitude

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Despite their reputation, community college bachelor's degrees aren't associated with that much worse earnings premiums than normal bachelor's degrees, and they seem much better than associate's degrees

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Fed left dots unch from december but spiked inflation expectations for 2027 for both headline and core to 2.7% (vs 2.4% and 2.5%), so worries about oil-driven inflation are there

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The Fed is very split on 2026 rates (but not as bad as December, when it was a 7-way split)

7 expect no cut

7 expect 1 cut

2 expect 2 cuts

2 expect 3 cuts

1 expects 4 cuts (Miran)

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2027 dots are even nuttier:

1 expects a rate hike

3 expect no change

4 expect 1 rate cut

6 expect 2 rate cuts

3 expect 3 rate cuts

1 expects 4 rate cuts

1 expects 5 rate cuts

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I believe there will be many strange knock-on effects from the massive long-term adoption of weight-loss drugs. Here's one: a rise in Alzheimer's. Novo Nordisk's new Wegovy pill causes significant changes in gut bacteria, including beneficial varieties that produce a short-chain fatty acid called butyrate. Butyrate levels in the gut are negatively associated with the formation of amyloid placques in the brain, which drive Alzheimer's progression. Less butyrate, more placques

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US has never build bunkers in the Gulf … they never expected to be under fire that much

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Producer Prices in the US rose 4.7% per year over the last 5 years and over 25% in total.

2% inflation is a complete myth.

The Fed should be hiking rates, not cutting.

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BREAKING: FBI and IRS have launched a new joint initiative to probe NGOs over links to funding of DOMESTIC TERRORISM, per CBS

FINALLY! Soros, Singham, Reid Hoffmann, etc. have spent BILLIONS funding leftist terrorist groups like Antifa to FIGHT DHS agents all over the US

And they should be PROSECUTED!

In a December memo, AG Pam Bondi said "These domestic terrorists use violence or the threat of violence to advance political and social agendas, including opposition to law and immigration enforcement; extreme views in favor of mass migration and open borders; adherence to radical gender ideology, anti-Americanism, anti-capitalism, or anti-Christianity"

LOCK THEM UP!

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This was neat:

Researchers traced a tariff on $5 European wines into the U.S. to see who paid it.

The tariff itself was $1.19, producers paid $0.26 and importers took a $0.44 cut, but retailers used the tariff as an excuse to add a $1.10 margin. The price went up $1.59 (~32%):

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The federalreserve has two legal mandates: stable prices and full employment.

The Fed's preferred inflation measure PCE is at 2.4% and falling for three years. Unemployment is at 4.4% and rising for three years, as AI permanently destroys jobs.

Today's FOMC statement mentions inflation 5 times and unemployment once.

This tunnel vision is why I think Powell is the worst Fed Chairman in my adult lifetime.

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BREAKING: It has been revealed the retired Air Force major general who disappeared in February shared involvement in the same program as a NASA Jet Propulsion Laboratory engineer who vanished eight months prior. The individual who linked the two has since passed away.

These three individuals represented the full chain of custody for a proprietary superalloy essential to U.S. rocket propulsion systems. Monica Reza was a co-inventor of the material. Dallis Hardwick performed qualification testing on it at the Air Force Research Laboratory (AFRL).

During his tenure commanding the AFRL from 2011 to 2013, Major General William McCasland oversaw the laboratory that encompassed both their efforts, placing all three on the same program simultaneously.

Hardwick succumbed to cancer in 2014. In June 2025, Reza vanished while hiking in the Angeles National Forest, disappearing just thirty feet behind a hiking companion, with thermal imaging scans yielding nothing, and her scent trail abruptly ending at the location of a displaced beanie. McCasland went missing from the Sandia foothills area in February 2026. Neither has been located.

Just four days after Reza's disappearance, an online memorial post declared her deceased and buried despite no body ever being recovered.

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Riviera Beach gunman: "I shot every one of those people"

Lawyer: "Shh… this is being recorded"

Gunman: "I shot 'em in they head"

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JUST IN: Meta announces they'll be shutting down the Metaverse, after pouring $80,000,000,000.00 into the project

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Oh my god! There's no crime gene, but there is a "propensity to shoot and stab someone gene". It's the 2-repeat allele of the MAOA gene. African-Americans are 50 times more likely to carry this gene.

Ahahahaaaaaaaaaahaha

"Analyses revealed that African-American males who carry the 2-repeat allele are significantly more likely than all other genotypes to engage in shooting and stabbing behaviors and to report having multiple shooting and stabbing victims."

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Short positions on US oil funds are surging:

Short interest on the US Oil & Gas Exploration & Production ETF, $IEO, is up to 2.8%, near the highest in 4 years.

Short interest has TRIPLED since the start of 2026.

Over the same period, $IEO prices have risen +33% to an all-time high.

Furthermore, short interest in the United States Oil ETF, $USO, has soared ~3 million shares, or 50%, over the last month,

This means traders are increasingly betting against rising oil prices, even as the rally continues, a setup that often leads to extreme volatility.

Brace for more volatility in the oil market.

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