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“You can avoid reality, but you cannot avoid the consequences of avoiding reality.” — Ayn Rand

First news

  • Can lack of concern with the level of national debt turn Goldilocks into Pollyanna as the spread between interest rates and inflation grows?


Senate on verge of passing the foreign aid package with billions in funding for Ukraine and Israel; the vote began at 5:15 a.m. this morning. link Nikkei and Nasdaq stalk records, CPI lurks. link US inflation set to slow. link Millions of Chinese people return home for Lunar New Year in the world’s largest annual human migration. link 1.5 million primary school teachers in China could have no jobs by 2035 as births in the country plummet to record lows. link New York state holds special election to fill George Santos’ House seat. link Key European Parliament committee votes on adopting the AI Act, world’s first such regulations. link Sony Music to buy Michael Jackson's recording music and publishing catalogs for $600+ million". link Diamondback Energy to buy privately held Endeavor Energy Partners for $26 billion in cash and stock. link Court orders Elon Musk to testify in S...

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