We know what’s coming and we are prepared.
Global Currency Shifts: The Dollar's New Direction
Recently, the US dollar gained against the Euro and the British Pound, influenced by market speculation about interest rate differences between the US Federal Reserve and European central banks. Despite these increases, the dollar remained stable overall, following new US economic data that prompted reassessment of the Fed's potential easing of monetary policy.
In New York's latest trading session, currency values shifted significantly. The dollar fell to 144.91 yen, and the Euro and Pound also declined to $1.0954 and $1.2747, respectively. The DXY index, which tracks the dollar against other currencies, rose slightly by 0.11% to 102.404 points, registering a small weekly gain of 0.01%.
This consolidation in the dollar’s value came as investors weighed US macroeconomic data for hints of the Fed's future moves. Recent US Producer Price Index (PPI) data, lower than market expectations, slightly eased concerns raised by earlier Consumer Price Index (CPI) data. Pantheon, a consultancy firm, suggested that the forthcoming Personal Consumption Expenditures (PCE) inflation report could be crucial. It may prompt the Fed to begin monetary easing sooner, with possible interest rate cuts as early as March. Currently, the market, as per CME Group's tracking tool, anticipates a 79.5% chance of this happening.
Olivier Korber, a strategist at Société Generale Research, views this market expectation as premature. He argues that core inflation may not decline fast enough by March to justify an interest rate cut. The absence of this option in the Fed's minutes supports his view. Korber predicts that this situation might weaken the Euro in the short term, considering the interest rate differential.
The Bank of Japan (BoJ), as reported by sources to Reuters, is expected to maintain its 2% inflation projection for the coming years, despite economic uncertainties and geopolitical risks.
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Yanis Varoufakis (former Greek Minister of Finance) describes AI as a new form of capital that produces not goods, but behavioral modification. This is achieved by engineering perceptions.
The answers provided by ChatGPT, or the images rendered by StableDiffusion — as these increasingly inform our perceptions, they in turn define the reality we experience.
This is what makes AI so powerful — he who controls the AI, defines the reality of tomorrow.
⚡️🇺🇸 Some more things coming out for the 2026 National Defense Authorization Act (NDAA).
Under the preliminary drafts of the bill, the USAF is requesting a release of $57,000,000 USD ($57.0 Million) to retire all remaining 162 A-10 Thunderbolt IIs in current service. Apart of the 2023 NDAA, there was a clause for a few million dollars to be released every so often to gradually retire the (then) 250 airframes by 2034; however due to the push by the Dept of Defense to ‘shed’ obsolete or obsolescent airframes that cannot be overhauled or upgraded further without a whole new airframe, it appears the USAF wants to retire all 162 remaining A-10s by the end of 2026.
The USAF plans to fully divest the 340-total remaining A-10s entirely, including those that currently serve in a handful of Air National Guard units in some states; which will be replaced by F-15EX Eagle IIs (like what is already happening with the Michigan State Air National Guard’s A-10s), or F-35A/Bs.
Included ...
My older sister lives in the country in between Velma Oklahoma and Duncan Oklahoma near the Fuqua Lake area, this story was told by a rural mail delivery woman who delivers the mail in the country.
The incident happened while she was on her route, when she came upon to the mailbox a male Chinese nation came out brandishing a, AK-47 rifle being very hostile,
I don't know if he pointed it at her since it is against the law to do so but she was terrified and said she was never going back and that the location that had a guard tower. Was the sheriff department notified, I don't know, did she notify her supervisor, don't know. But word is from the country folk who live in the area they have seen the guard tower at the pot place;
I refuse to call it a farm because it is an insult to farmers.
And yes she was traumatized by that ordeal
