President Donald Trump continued to reshape American energy policy this past week, with what we have long forecast in these pages adds up to energy realism.
ECONOMIC UPDATE—MARKET OVERVIEW
Among the articles in this week’s Trends Journal is how the median home selling price has soared 53 percent since 2019. Why? Because arrogant politicians locked down the nation to fight the COVID War in 2020.
“THE PUPPETEERS OF BABYLON.” YEAH, LET’S NAME THEM. (DANGEROUS KNOWLEDGE)
This is borderline dangerous. Bank for International Settlements. BIS operations are not just secret, they are legally untouchable… LEGALLY UNTOUCHABLE! With full immunity from law enforcement, taxation, and judicial oversight in its home base. Basel, Switzerland.
SPECIAL REPORT: TRUMP’S TARIFFS, THE UPS AND DOWNS, FOR BETTER AND FOR WORSE
Major asset managers are thinning their holdings of U.S. treasury bonds and notes and deploying more funds into a wider range of choices in other countries, the Financial Times reported.
AI MUSICAL CHAIRS: PROFITING FROM HUMAN REPLACISM
Tech-savvy Humans are currently scrambling to profit either by devising new ways to leverage AI / physical AI to replace humans, or to identify opportunities where “humanness” can be exploited for unique attributes that synthetic alternatives can’t (yet) emulate.
MAD MAN RANDY FINE SAYS U.S. SHOULD NUKE PALESTINIANS
Rep. Randy Fine, R-Fla., said the quiet part out loud during an interview Thursday and argued that the U.S. should nuke Gaza like it did to Japan at the end of WWII because the Palestinians, as a people, are irredeemable.
HEIL, MERZ: GERMAN CHANCELLOR CELEBRATES TROOP DEPLOYMENT IN LITHUANIA, APPROVAL FOR UKRAINE TO USE LONG-RANGE MISSILES TO HIT TARGETS DEEP INSIDE RUSSIA
German Chancellor Friedrich Merz visited Lithuania last week to celebrate the deployment of his forces inside the country, stating that the brigade represents Berlin’s commitment to securing the Baltic states because their security “is also our security.”
Global Economy
SPOTLIGHT: BIGS GETTING BIGGER
AT&T is buying Louisiana-based Lumen Technologies’ fiber optic network for $5.75 billion in cash, the companies announced last week.
SPOTLIGHT: TARNISH ON THE LUXURY INDUSTRY
Miffed at Europe’s inability to reach a trade agreement, last week Donald Trump floated the idea of a new 50-percent tariff on all products from Europe.
SPOTLIGHT: CRISIS IN THE BOND MARKET
The results of Japan’s 20 May ¥1-trillion bond auction was “dismal,” according to the Financial Times, with so few takers that the yield on long-dated bonds climbed to record heights.
The Israel War
GAZA DEATH TOLL
The death toll in Gaza’s 598-day genocide reached at least 54,056 along with 123,129 injured. There are at least 11,000 people considered missing.
‘GAZA IS OURS’: THOUSANDS OF ISRAELIS TORMENT PALESTINIANS ON JERUSALEM DAY
Thousands of Israelis celebrated Jerusalem Day like they do every year: stage a massive Flag March through Jerusalem’s Old City where they can gleefully torment the Muslim population there by chanting slogans like, “Death to Arabs” while the Palestinians can do nothing because these marchers are backed by Israeli forces.
MAD MAN RANDY FINE SAYS U.S. SHOULD NUKE PALESTINIANS
Rep. Randy Fine, R-Fla., said the quiet part out loud during an interview Thursday and argued that the U.S. should nuke Gaza like it did to Japan at the end of WWII because the Palestinians, as a people, are irredeemable.
Trends in AI
LLOYD’S OFFERS INSURANCE AGAINST AI MALFEASANCE
Lloyd’s of London, the legendary insurance pool covering high and odd risks, now will cover damages awarded by courts for companies sued when their AIs hallucinate or otherwise fail to perform as expected.
BLACKROCK BACKS AWAY FROM BROAD EQUITY MARKET, BETS MORE ON AI
Blackrock, the world’s largest private equity firm, is reducing its holdings in U.S. equities in general and pouring more cash into its iShares AI Innovation and Tech Active Exchange-Traded Fund (ETF).
META STUMBLES, DELAYING THE RELEASE OF ITS NEW AI
Meta has delayed releasing the latest version of its “Behemoth” AI after internal questions arose about whether the improvements were enough to warrant a new release, The Wall Street Journal reported.
Hi-Tech Science
SOUND MAY BE THE NEW OZEMPIC
It’s been known for decades that playing music near plants will make them grow bigger and faster. Now scientists in Japan have found that playing a musical tone at animal fat cells in a lab dish curbs their development by as much as 15 percent.
“SUPERWOOD” GOES COMMERCIAL
This summer, the startup InventWood will begin mass-producing “SuperWood,” a super-densified wood that the creators say is 10 times stronger than the original tree.
DISSOLVING PLASTIC WASTE USING COMMON MATERIALS AND AIR
Scientists are creating next-generation methods to recycle plastic without using the toxic solvents still common in many processes.
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