Winners, Losers and Links
Winners
Wall Street - Powell raised rates but only 25 bps and sounded dovish during his speech.
Ukraine’s Leadership Circle - Tanks coming soon. Immediately the talk shifted to fighter jets.
Left Twitter - With right wing Twitter complaining about the site, the shift first experienced when Elon closed the sale is over & rolled back.
Losers
Ukrainians - This war will be funded by the West and fought to the last able bodied Ukrainian.
Egg consumers - Prices up but it sounds like low cost producers are the ones raising prices. Stay slonkin’.
DEI departments- If funding is cut, it will force a scramble for NGO grants. If programs are barred, it will force a new plan for poisoning.
Links
Seattle is in a long crisis and the situation gets dire.
Great read on the behind the scenes sausage making for municipal projects.
Looking at the British Empire and the Roman experience.
Homosexuality: a mental illness?
A long two part report on the media’s multiyear malicious behavior against President Trump.