Nvidia’s narrative is being battered by mega-bears, defended by the most credulous bulls, and undermined by trade wars and a major new competitor.
Recent Items
Wednesday, November 26, 2025
Coffee Break: Nvidia’s Narrative Breaking Down?
Topics: Coffee Break
Posted by Nat Wilson Turner at 2:00 pm | 1 Comment »
Quelle Surprise! Companies With Market Power Drive Inflation
Corporate concentration does not just make inflation worse. A new study finds it plays a lead role.
Topics: Economic fundamentals, Free markets and their discontents, Guest Post, Income disparity, Market inefficiencies, The destruction of the middle class, The dismal science
Posted by Yves Smith at 9:55 am | 4 Comments »
Links 11/26/2025
Topics: Links
Posted by Conor Gallagher at 6:55 am | 81 Comments »
TurkStream Is in Washington and Brussels’ Crosshairs, But Math to Replace the Russian Gas Doesn’t Add Up
The latest stop on the natural gas magical mystery tour: Greece, with its imports of American LNG, is declared a “gas hub” that’s going to save Ukraine this winter—and make up for southeastern Europe’s lost TurkStream supply in the future.
Topics: Energy markets, Europe, Ridiculously obvious scams, Russia
Posted by Conor Gallagher at 6:00 am | 10 Comments »
Will MTG’s Resignation Trigger Other Republican Exits, Ending House Majority Before Midterms?
Rumor has it that some Republican House members are as fed up as MTG was and are also considering resigning.
Topics: Banana republic, Income disparity, Macroeconomic policy, Politics, The destruction of the middle class
Posted by Yves Smith at 5:55 am | 20 Comments »
U.S. Dams, Levees, Stormwater, and Wastewater Systems Get D To D+ Grades, Need Almost $1 Trillion in Upgrades
On the dangerously sorry state of US dams, levees, and other water control systems, now more flood-exposed than ever.
Topics: Doomsday scenarios, Global warming, Guest Post, Infrastructure
Posted by Yves Smith at 2:15 am | 7 Comments »
Coffee Break: Armed Madhouse – RAND Alarms the China Hawks
In late 2025, a major RAND Corporation study on U.S.–China strategy was quietly withdrawn from public view less than two weeks after publication. The unusual disappearance suggests an internal struggle over whether the United States should escalate rivalry with China or first rebuild its own industrial and technological base. The RAND report’s realism posed a challenge to the prevailing hawkish narrative.
Topics: Coffee Break, Guest Post
Posted by Haig Hovaness at 2:00 pm | 19 Comments »
Flock Camera Vulnerability: It’s Worse Than You Think
More on why Flock surveillance cameras are insecure and unreliable. Pass the information on to local officials.
Topics: Guest Post, Legal, Politics, Surveillance state, Technology and innovation
Posted by Yves Smith at 9:56 am | 5 Comments »
Links 11/25/2025
Topics: Links
Posted by Yves Smith at 6:55 am | 134 Comments »
Former MI6 Chief Warns of the Security Risks of the UK Government’s Proposed Digital Identity System
“When you aggregate data into one massive base, of course it immediately becomes a target for the country’s enemies.”
Topics: Guest Post
Posted by Nick Corbishley at 6:45 am | 12 Comments »
AI Hyperscalers Crash the Grid as Big Tech Becomes a Power Trader
Enron’s success in gaming power prices suggests that there’s reason to worry about AI hyperscalers aselectricity traders
Topics: Energy markets, Free markets and their discontents, Guest Post, Market inefficiencies, Politics, Regulations and regulators, Ridiculously obvious scams, Technology and innovation
Posted by Yves Smith at 2:06 am | 11 Comments »
Even the Wall Street Journal’s Editors Have Had It With RFK, Jr.’s Anti-Vax Con Job
Even the Wall Street Journal has had it with RFK Jr. as he doubles down on lies to Congress , his campaign against vaccines, and corruption
Topics: Health care, Regulations and regulators, Ridiculously obvious scams, Science and the scientific method
Posted by Yves Smith at 1:30 am | 13 Comments »
Coffee Break: Flailing OpenAI Follows Meta’s Malignant Model
OpenAI may be following Meta’s malignant model by putting profits before user safety while hyping ambitious expansion plans.
Topics: Coffee Break
Posted by Nat Wilson Turner at 2:00 pm | 18 Comments »
“From ‘Mail-Order Brides’ to ‘Passport Bros,’ the International Dating Industry Often Sells Traditional Gender Roles”
A weird glamorization of sexpattery as “international dating”.
Topics: Guest Post, Income disparity, Social values
Posted by Yves Smith at 9:55 am | 33 Comments »
Links 11/24/2025
Topics: Links
Posted by Conor Gallagher at 6:55 am | 97 Comments »



