kscarbel2

A high-powered executive is warning that his business is about to slow down — all because he sees turbulence ahead for the U.S. economy. John Dietrich, CFO of FedEx, just slashed the company’s earnings expectations for the rest of the year. FedEx has a unique vantage point. With shipping data that acts as a real-time pulse check on consumer demand and domestic trade, the company feels the impact of supply chain disruptions, retail slowdowns, and manufacturing shifts before most analysts can even crunch the numbers. And now, the company is bracing for a slowdown in 2025. 'I think it’s reasonable to assume that the macro environment is not going to significantly improve, at least through the first half of fiscal 2026,' Dietrich said. Deutsche Bank says the probability of the US entering a recession within the next 12 months has climbed to 43%.

https://news.yahoo.com/news/another-us-navy-destroyer-fought-142509500.html

Unreal. https://www.breitbart.com/politics/2025/03/24/report-trump-natsec-teams-group-chat-on-houthi-strikes-included-jeffrey-goldberg-author-of-suckers-losers-hoax/

Who within Trump's national security team allowed the editor-in-chief of The Atlantic to be on a secret chat ??? That editor made top secret conversation public. Very damaging. https://www.dailymail.co.uk/news/article-14532199/JD-vance-donald-trump-signal-war-chat.html

Former Commerce Secretary Wilbur Ross says: “There’s tariff policy, tax reform, regulatory reform. Trump needs the whole package to work. He has a complicated mosaic that he has to put together and he’s got to get it done very quickly. Ross is personally optimistic that the Administration is addressing issues that matter. He’s also optimistic about the impact of Elon Musk, saying “I can’t wait until he gets to the IT environment. In Commerce, we had 72 different IT systems, no two of which could talk with each other and most of them were from the 70s and 80s. It’s the world’s largest service business that’s using archaic equipment. Musk, I’m sure, is going to address that but he’s wisely doing the easier things first. My own view is that he’s going to find far less corruption than he thinks but plenty of waste.”

In a now-infamous 2017 meeting, President Trump was shown photographs of modern naval ships including sleek destroyers and stealthy frigates. He tossed them aside. Then, he saw picture of the USS New Jersey, bristling with its massive 16" guns. Allegedly, President Trump then said he wanted a new ship design created just like that. Alike Teddy Roosevelt's Great White Fleet of 1907, projecting the image of power with a modern high-tech battleship would put the fear of god into many global actors. https://en.wikipedia.org/wiki/Great_White_Fleet

President Trump will revoke the temporary legal status of 530,000 Cubans, Haitians, Nicaraguans and Venezuelans in the US. Effective April 24, the action cuts short a two-year "parole" granted to the migrants by Biden that allowed them to enter the country by air if they [allegedly] had US sponsors.

As do I, old friend.

Is the White House trying to engineer a recession? They keep saying the U.S. economy will experience a "period of transition". That sounds more and more like a planned recession. During a recession, economic activity slows and unemployment rises. When consumers spend less, the demand for goods and services falls. Prices then drop and inflation falls. And one may expect turmoil in the stock market, and possibly a crash (which is the ideal time to buy). Creating a recession to fix the ills quickly is alike nuking a weed-filled yard with Round-up and reseeding to get a new yard in a short time frame, rather than using selective fertilizers for three years with incomplete results.

I'm shocked that Boeing won the competition, given it's continuing display of aircraft design and manufacturing incompetence. I would have expected the Skunk Works (Lockheed Martin) to deliver the best 6th gen aircraft design.

After a wild month for the U.S. stock market, investors have one more potential obstacle to overcome before the weekend. Today, options contracts tied to more than $4.5 trillion in stocks will expire during the latest quarterly “triple-witching” event. Calculations to determine the notional value of these contracts can vary, but Goldman Sachs puts the figure at $4.7 trillion, based on values as of Wednesday’s close.

Elon Musk has openly threatened Pentagon employees who leaked information that he was due to get a briefing on a potential American war with China. “They will be found,” Elon warned. Both the New York Times and the Wall Street Journal cited two U.S. officials who said that Musk was getting a look at 'top secret' war plans if America and China came into conflict. These officials should go to prison. It showcases the cultural decline at the Pentagon. “Loose lips sink ships”

Billionaire financier Commerce Secretary Howard Lutnick's standing in the administration has fallen in recent weeks after he caused the stock market plunge following tariff threats. Lutnick is disliked by the president's allies in the banking sector. "Lutnick is in one of two places, he's either on TV or he is in the Oval Office. Trump's friends on Wall Street have called him directly and said Lutnick should not be talking about the economy, get him off TV." Financial leaders have told Trump that Lutnick doesn't understand tariffs and that the president should rein him in and ban him from doing further interviews.

We are witnessing an attempted coup of American democracy by radical left activists posing as judges. There need to be some repercussions above zero for judges who make truly terrible decisions. When judges egregiously undermine the democratic will of the people, they must be fired or democracy dies. Elon Musk