Podcasts about adjusted

Galliford Try Holdings PLC (LSE:GFRD, FRA:3WC) chief financial officer Kris Hampson spoke with Proactive's Stephen Gunnion about the construction group's latest results, growing order book, margin progression and outlook for 2027, as well as its approach to acquisitions and shareholder returns. Hampson said Galliford Try delivered a sixth consecutive year of growth across key metrics, supported by its building, infrastructure and specialist services operations. Adjusted profit before tax rose 24% on revenue growth of 3% to nearly £56 million, with adjusted divisional operating margin advancing from 3% to 3.5% and average cash up 21% to £216.2 million. "We make revenue, we turn it into profit, and we turn that profit into cash," Hampson said. Looking ahead, he highlighted the £4.3 billion order book, up 5%, with more than 90% of current-year revenue already secured, alongside 60% for 2028. He said 91% of the order book sits within long-term frameworks and 95% is with government and regulated clients. Hampson also discussed opportunities across water, highways, education and affordable housing, including growth tied to AMP8, newer frameworks on improved terms, and expects continued progression towards the group's 4% adjusted operating margin target for 2030. On capital allocation, Galliford Try announced a £15 million share buyback alongside its results, following last year's £10 million buyback. Hampson also discussed the company's active M&A pipeline and its commitment to maintaining a dividend at 1.8 times cover based on adjusted EPS. Visit Proactive's YouTube channel for more interviews and market updates. Give the video a like, subscribe to the channel and enable notifications so you don't miss future content. Read Proactive's Editorial Policy here: https://www.proactiveinvestors.co.uk/pages/editorialPolicy #GallifordTry #GFRD #KrisHampson #UKConstruction #Infrastructure #UKInfrastructure #Construction #Investing #InvestorNews #FinancialResults #OrderBook #ShareBuyback #Dividend #MergersAndAcquisitions #AMP8 #WaterInfrastructure #AffordableHousing #ProactiveInvestors #Proactive

Shane Williams, President and CEO Of West Red Lake Gold Mines (TSX.V:WRLG – OTCQB:WRLGF), joins me to review the key metrics from Q2 production and financials which demonstrated substantially higher mined ounces and gold produced, higher revenues, and lower costs at their flagship Madsen Gold Project, in the Red Lake district of Ontario, Canada.   We also look ahead to development and exploration work on tap for H2, and the bigger picture vision for future growth.   Q2 2026 Highlights   Gold production increased 51% to 8,576 ounces, compared with 5,667 ounces in Q1. Gold sales increased 34% to 8,260 ounces, compared with 6,165 ounces in Q1. Revenue increased 17% to $49.0 million, generating $20.1 million of income from mine operations, a 31% increase from Q1. Adjusted net earnings increased 98% to $12.6 million, compared with $6.4 million in Q1.  Adjusted EBITDA increased 54% to $22.1 million, compared with $14.4 million in Q1. Cash costs decreased 23% to US$2,000 per ounce sold, compared with US$2,594 per ounce in Q1. All-in sustaining cost (“AISC”)  decreased 30% to US$3,284”  per ounce sold, compared with US$4,678 per ounce in Q1, bringing Q2 AISC within the Company's 2026 guidance range of US$2,800 to US$3,600 per ounce. The Company generated $9.7 million of positive free cash flow during Q2. The Company ended Q2 with approximately $31.2 million in cash and cash equivalents.     Shane reviewed that the development-focused strategy implemented during the first half of 2026 is now translating into measurable operating improvements as mine sequencing advanced to unlock multiple stoping fronts and operational flexibility continued to improve.  Additionally, all the exploration success had at the 4447 Zone is now factoring into mining and production here in H2, and he points to all the recent success at the 904 Zone having a similar trajectory with first mining anticipated in H2 of 2027.   Next we discussed the higher All-In Sustaining Costs (AISC) in Q4 and Q1 and how the ongoing ramp-up in production will steadily lower the costs over the next few quarters.  Shane highlighted that in the second half of this year that the shaft will be rehabilitated and begin hoisting ore, and this will further drive down costs over the next few quarters. The steady nameplate run-of-mine production and costs will likely be achieved in 2027 and beyond.  We also discussed that the higher oil and diesel prices were not a major cost input and have very muted effect on their underground mining operations where the site mostly runs on cheap hydroelectric power.   We then discussed the next phase of growth which will see satellite deposits like Fork, Starratt-Olsen, and eventually Rowan augment the production at Lower Austin and Austin South at Madsen.   The Company will be putting out a Pre-Feasibility Study in September wrapping updated economics around Madsen and factoring in how future production from Rowan would increase production growth and take the company to the next level of producer.   Wrapping up we discussed the many areas of focus for exploration and resource expansion, including greenfield surface targets, past producing brownfield areas like Starratt-Olsen and Mt Jamie, and underground targets as the company continues to dewater areas of Madsen that haven't been touched by modern exploration or mining; with last mining occurring back in the 1960s and 1970s.   Click here to follow the latest news from West Red Lake Gold   If you have any follow up questions for Shane or the team over at West Red Lake Gold please email me at  Shad@kereport.com.   In full disclosure, Shad is a shareholder of West Red Lake Gold Mines at the time of this recording and may chose to buy or sell shares at any time.   For more market commentary & interview summaries, subscribe to our Substack reports:   The KE Report: https://kereport.substack.com/ Shad's resource market commentary: https://excelsiorprosperity.substack.com/     Investment disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.

It's Tuesday, September 22nd, A.D. 2026. This is The Worldview in 5 Minutes heard on 140 radio stations and at www.TheWorldview.com.  I'm Adam McManus. (Adam@TheWorldview.com) By Kevin Swanson and Timothy Reed Myanmar military killed third pastor The Myanmar military junta has killed a third pastor, reports International Christian Concern. Pastor Tuang was returning to Lamzang after conducting religious activities in a nearby village. Bullets reportedly struck his chest, abdomen, and thigh. This appears to be the continuation of targeted attacks on Baptist pastors in the Chin State. Since the 2021 coup, the military has damaged or destroyed 340 churches and buildings owned by Christians. Send a polite, 4-sentence note to the Myanmar Ambassador to America, Kyaw Moe Tun, and ask him to urge the military leaders to stop killing and persecuting the Christians.  Send it to 2300 S St NW, Washington, DC 20008. To get the correct spelling of the ambassador's name and the address, visit our transcript today at www.TheWorldview.com. Ukraine knocked out 30% of Russia's oil refining industry Ukraine is crippling Russia's oil industry in a more recent series of drone attacks in the ongoing war.  Another oil-refinery was hit over the weekend.  The International Energy Association estimates that 30% of Russia's oil refining industry has been knocked out in recent attacks. America punishes countries who purchase Russian oil President Donald Trump signed the Lindsay Graham Sanctioning Russia and Iran Act of 2026 which Congress recently passed. The bill authorizes up to 100% tariffs on U.S. imports from countries purchasing Russian oil and gas.  Specifically, China and India are the major buyers of Russian oil.  Oil and gas make up about one-eighth of the Russian economy, and contribute one-quarter of the federal revenues for the country. Not surprisingly, the Russian Gross Domestic Product has been hit badly in 2025 and 2026 — with a 0.5% GDP growth expected this year, down from 4.5% in previous years. Putin's party won election after banning anti-war party The preliminary results of the Russian parliamentary elections held over the weekend are in. No surprise here. Vladimir Putin's party received 57% of the vote. That's up from 50% in 2021. That comes after the anti-war party was banned from the election, and anti-Kremlin figures were imprisoned, exiled, barred, or otherwise disappeared. All the remaining major parties broadly support Putin's government and the war. Condo prices are falling Condo prices have been dropping steadily in U.S. major markets since real estate peaked in 2022.  Adjusted for inflation, Florida and California cities have seen a 30-42% drop in condo prices since 2022. Denver, Colorado condo prices have dipped 28%. U.S. deficit hit $2 trillion The U.S. federal deficit year to date hit $2 trillion at the end of August. The Congressional Budget Office is estimating a $2.1 trillion deficit for the year. That would amount to an 18% bump on the deficit over last fiscal year, and a 34% increase in deficit spending over President Biden's first year. Right now, according to the U.S. Debt Clock, America is burdened with a staggering $40 trillion debt. Meryl Streep will portray Aslan in new Narnia movie Now, Narnia is going woke. Turns out, the latest movie production of C.S. Lewis' Narnia tale, Magician's Nephew, will feature Aslan, the character who portrays Christ, as a female voice. Actress Meryl Streep is Aslan this time around, and Christians are not happy. Commentator Isabel Brown called this “a slap in the face to the genius of Lewis, but also a deliberate mockery of Christianity that is 100% intentional. So deeply disappointing.” Another online comment noted, “Had they actually read Narnia, and The Last Battle specifically, they would know that dressing [a donkey] up in a lion skinsuit does not end well. The director for this latest Narnia film, Greta Gerwig, is best known for directing the Barbie movie — an explicit diatribe on feminism. Let's keep in mind Galatians 6:7. It says, “Do not be deceived, God is not mocked; for whatever a man sows, that he will also reap.” Supreme Court rejected Trump's mail-in ballot accountability The Trump administration continues to battle with the Supreme Court over mail-in ballots, as the high court rejected Trump's executive order that would have added verification codes to ballots received through the mail. The President responded on Truth Social. He wrote, “Republicans just got another bad decision from the United States Supreme Court, one that the Court System took forever to give, and then blamed it, in part, on no time left to implement a solution to our totally CORRUPT and out of control Mail-In voting ‘disaster,' which is a laughing stock all over the World.” And now, the FBI  is assigning “election crisis coordinators” for all 56 field offices,” according to FBI Director Kash Patel.   New York Times poll puts Democrats 8 points ahead of Republicans Speaking of the November 3rd election, early voting has already begun in certain states across America.  The midterm elections will determine the balance of the U.S. House and Senate, both of which currently enjoy a Republican majority. A New York Times/Siena poll, conducted between September 8th-13th, puts Democrats eight points ahead of Republicans. Several Senate races have become especially tight and remain in the spotlight, with conservatives seeking to keep Texas red and supporting Republican Ken Paxton over Democrat James Talarico.  Democrats are also looking at flipping a Senate seat in Maine.  Anniversary of Martin Luther's translation of German New Testament And finally, yesterday marked the 504th anniversary of the first printing of Martin Luther's translation of the German New Testament. That's right, back in 1522, Luther finished one of his most precious life works.  Referencing this monumental feat, church historian Philip Schaff wrote, “The most important and useful work of [Luther's] whole life, is the translation of the New Testament, by which he brought the teaching and example of Christ and the Apostles to the mind and heart of the Germans in life-like reproduction. It was a republication of the Gospel. He made the Bible the people's book in church, school, and house.”  In Luke 4:4, Jesus told the Devil, “It is written, ‘Man shall not live by bread alone, but by every word of God.' ” Close And that's The Worldview on this Tuesday, September 22nd, in the year of our Lord 2026. Subscribe for free by Spotify, Amazon Music, or by iTunes or email to our unique Christian newscast at www.TheWorldview.com.  Plus, you can get the Generations app through Google Play or The App Store. I'm Adam McManus (Adam@TheWorldview.com). Seize the day for Jesus Christ.

They realized the ROLES imposed on them weren't working and didn't match the GIFTS God had given them. In China, they adjusted their expectations. One was called to Business. The other to Ministry. Neither their host country nor their home culture had prepared them to practice God's leading. Their epic adventure is told in The Rachel Addington Story on this episode of The Eden Podcast!Rachel and Bruce also talk about key passages that have been mishandled - resulting in misdirecting and harming those who have been caught up in unhealthy belief systems. The Tru316 Foundation (www.Tru316.com) is the home of The Eden Podcast with Bruce C. E. Fleming where we “true” the verse of Genesis 3:16. The Tru316 Message is that “God didn't curse Eve (or Adam) or limit woman in any way.” Once Genesis 3:16 is made clear the other passages on women and men become clear too. You are encouraged to access the episodes of Seasons 1-11 of The Eden Podcast for teaching on the seven key passages on women and men. Are you a reader? We invite you to get from Amazon the four books by Bruce C. E. Fleming in The Eden Book Series (Tru316.com/trubooks). Would you like to support the work of the Tru316 Foundation? You can become a Tru Partner here: www.Tru316.com/partner

Nhlanhla Sehume speaks to Casper Troskie, CFO at Old Mutual See omnystudio.com/listener for privacy information.

Willkommen bei Back 2 Basics – der Reihe für aufstrebende E-Commerce Händler und ihren ersten Kontakt mit Affiliate Marketing - vom Next Level Affiliate Marketing Podcast. Bist du engagierter Merchant und hast bereits deinen Online-Shop bei Shopify, Woocommerce, Magento oder Shopware, und suchst nun nach einer Erweiterung zum typischen Google, Amazon, Facebook und Apple Marketing-Mix? Dein Host Nawid Company erklärt in dieser Serie klar strukturiert die Grundsteine des Affiliate-Marketingbereichs damit du bestens vorbereitet für die ersten Schritte bist. So wirst mit Back 2 Basics und der Interview-Reihe Time for Learning schnell zum Profi. Die heutige Folge behandelt folgende Themen: - Ahrefs, SEMrush, Sistrix, DataForSEO - Audit im Affiliate Marketing - Brand-Kampagnen rausrechnen - Datenanalyse für Affiliate Manager - Generischer ROAS / Non-Brand ROAS - Risikoaufschlag Affiliate - ROAS-Vergleich Meta, SEA, Affiliate - SEA-Richtlinien Brand-Kampagnen

"McElroy & Cubelic In The Morning" airs 7am-10am weekdays on WJOX-94.5!! See omnystudio.com/listener for privacy information.

It's the Ranch It Up Radio Show! Join Jeff “Tigger” Erhardt, Rebecca Wanner AKA BEC and their crew as they get a preview of the big one, the Big Horn Classic from Superior Livestock.  Close to 200,000 head will sell next week.  Plus the latest cattle industry news, upcoming sales and lots more on this all-new episode of the Ranch It Up Radio Show. Be sure to subscribe on your favorite podcasting app or on the Ranch It Up Radio Show YouTube Channel. Superior Livestock Auction Big Horn Classic Close to 200,000 head of cattle are consigned to Superior Livestock's Big Horn Classic next week in Sheridan, Wyoming.  Tune in on Dish Network Channel 997 or watch online at SLA-TV.com. Cattle Industry News The Senate Agriculture Committee Will Get Another Shot At Moving The Farm Bill Forward Committee Chairman John Boozman of Arkansas says senators will return in September for another vote after the Farm Bill package failed to advance. Boozman says he expects the committee to vote on the same bill, and he believes Democrats could face pressure from farmers, ranchers and rural communities that want the Farm Bill completed. A major sticking point is SNAP, or food assistance. Democrats want to delay a requirement that states begin sharing the cost of SNAP benefits by two years. Boozman offered a one-year delay, along with other bipartisan provisions. The bill also ran into a numbers problem. Senator Mitch McConnell, who is on medical leave, was able to vote by proxy on amendments. But Senate rules don't allow proxy votes to determine whether a bill advances to the Senate floor. McConnell's absence, along with another Republican voting by proxy, helped prevent the bill from moving forward. During the markup, senators also approved an amendment bringing back mandatory country-of-origin labeling for beef, known as MCOOL. The vote was 16 to 7. It marks the first time the Senate has taken action on beef MCOOL since the 2008 Farm Bill. Boozman says getting the Farm Bill passed before the midterm elections will take a “miracle” — but says it can happen with cooperation. REFERENCE: https://farmpolicynews.illinois.edu/2026/08/senate-farm-bill-fails-ag-committee-to-vote-again-in-september/ Tight Beef Supplies Cut U.S. Exports, But Global Demand Remains Strong U.S. beef exports were down during the first half of 2026, as tight domestic supplies limited the amount of beef available for export. According to USDA data compiled by the U.S. Meat Export Federation, beef exports from January through June totaled about 546,000 metric tons, worth 4-point-74 billion dollars. That's a 9 percent drop in volume compared to the first half of 2025. But strong beef prices around the world helped limit the decline in export value to just 4 percent. The June numbers were actually more encouraging. Export volume was down less than 6 percent, while export value increased nearly 3 percent from June of last year. China continues to be a major challenge for U.S. beef. American beef has been almost completely shut out of China since March of 2025. Excluding China, U.S. beef exports are down just 1 percent, while export value is actually up 6 percent. Exports to some of the biggest markets were lower. Japan was down 8 percent, South Korea dropped 10 percent, Mexico was down 1 percent, and Canada fell 14 percent. But there were some bright spots. Hong Kong beef exports jumped 83 percent, while shipments to Taiwan increased 11 percent. USMEF President Dan Halstrom says global demand for U.S. beef remains very resilient, even with record-high prices. And with potential changes in China's beef import policies later this year, exporters see opportunities ahead — if trade barriers can be overcome. REFERENCE: https://meatingplace.com/tight-beef-supplies-weighing-on-us-exports/ Early Weaning Can Help Ranchers Beat Drought Drought is hitting many major cow-calf areas, and with summer heat spreading across the country, producers are looking for ways to stretch forage supplies. One option is early weaning. Calves can be weaned at around 90 to 120 days old, taking pressure off cows and pastures during late summer and fall. Zoetis veterinarian Dr. Jess Hinrichs says young calves can adapt quickly to dry lots, especially during the warmer months. Before weaning, calves should ideally be vaccinated two to three weeks ahead of time to give their immune systems time to respond. When it's time to wean, producers should provide shade, bedding and plenty of clean, fresh water. Young calves can dehydrate quickly in hot weather. Nutrition is also critical. Calves weighing less than 400 pounds need a high-quality diet with good forage, along with the right balance of energy and protein to support rumen development and growth. Dr. Hinrichs and nutritionist Dr. Blaine Corners recommend working closely with your veterinarian and nutritionist to develop an early-weaning plan. In a drought year, early weaning can help protect your cows, stretch your forage and keep those calves gaining pounds. Border Reopening Planned As Screwworm Safeguards Expend The U.S. is preparing to reopen part of the southern border to Mexican cattle later this month. The Douglas, Arizona, port is scheduled to begin accepting cattle from Sonora on August 24, following more than a year of restrictions tied to New World screwworm. Officials say cattle will face enhanced inspections, treatment, electronic identification and traceability requirements before entering the U.S. The reopening is expected to help restore cattle supplies to feedlots and border communities, while giving officials a chance to evaluate the safeguards before considering additional ports. Meanwhile, efforts continue to control and eventually eradicate New World screwworm, including expanded production and release of sterile flies. JBS Reports Lower Profits Despite Record Sales JBS reported record second-quarter sales of nearly $24 billion, but profits fell as high cattle and pork prices squeezed margins. Adjusted operating income dropped 34%, while the company reported a $102 million net loss, compared with a $528 million profit a year ago. JBS's North American beef business posted record sales, helped by strong beef prices and consumer demand. But tight cattle supplies pushed live cattle costs even higher, putting pressure on packer margins. JBS also announced its Pennsylvania beef plant will stop harvesting cattle August 14, but the facility will remain open as a case-ready operation, preserving about 400 jobs. The company says it plans to invest more than $30 million there over the next decade. Feeder Cattle Sale Dates & Deadlines August 17 - 21: Superior Livestock Auction BigHorn Classic Sale August 24: Superior Livestock Auction Labor Day Catalog Deadline August 28: Superior Livestock Auction Labor Day Video Deadline September 2 - 3: Superior Livestock Auction Labor Day Sale September 7: Western Video Market Haythorn Ranch Consignment Deadline September 14: Northern Livestock Video Fall Premier Sale September 15: Western Video Market Haythorn Ranch Sale Featured Experts in the Cattle Industry Mike Bollinger – Superior Livestock Auction https://superiorlivestock.com/ Follow on Facebook: @SuperiorLivestockAuction Shaye Wanner – Host of Casual Cattle Conversation https://www.casualcattleconversations.com/ Follow on Facebook: @cattleconvos Contact Us with Questions or Concerns Have questions or feedback? Feel free to reach out via: Call/Text: 707-RANCH20 or 707-726-2420 Email: RanchItUpShow@gmail.com Follow us: Facebook/Instagram: @RanchItUpShow YouTube: Subscribe to Ranch It Up Channel: https://www.youtube.com/c/RanchItUp Catch all episodes of the Ranch It Up Podcast available on all major podcasting platforms. Discover the Heart of Rural America with Tigger & BEC Ranching, farming, and the Western lifestyle are at the heart of everything we do. Tigger & BEC bring you exclusive insights from the world of working ranches, cattle farming, and sustainable beef production. Learn more about Jeff 'Tigger' Erhardt & Rebecca Wanner (BEC) and their mission to promote the Western way of life at Tigger and BEC. https://tiggerandbec.com/ Industry References, Partners and Resources For additional information on industry trends, products, and services, check out these trusted resources: American Gelbvieh Association: https://gelbvieh.org/ EquineMarket.Com: https://www.equinemarket.com/ Imogene Ingredients: https://www.imogeneingredients.com/ Jorgensen Land & Cattle: https://jorgensenfarms.com/ LivestockMarket.Com: https://www.livestockmarket.com/ RanchChannel.Com: https://ranchchannel.com/ RFD-TV: https://www.rfdtv.com/ Rural Radio Network: https://www.ruralradio147.com/ Sire Buyer: https://www.sirebuyer.com/ Westway Feed Products: https://westwayfeed.com/ Wrangler: https://www.wrangler.com/

Why would an experienced multifamily investor move back into California after years of investing in Texas? John Brackett explains why he believes today's opportunities in San Diego offer compelling risk adjusted returns. Rather than chasing the highest yields, he focuses on resilient neighborhoods, disciplined property management, and long term value creation. During the conversation, John discusses how launching an in house property management company transformed his business, why detailed reporting creates better decisions, and how relationship driven capital raising has fueled the company's growth. Key Topics Investing in core affordable multifamily markets Why San Diego is attracting attention again The value of in house property management Managing assets through detailed reporting Raising private capital through trusted relationships Understanding risk adjusted returns Matching investment strategies to investor goals Guest Information John Brackett Founder of Fidelity Business Partners Website: https://fidelitybps.com John also mentioned a complimentary real estate investing masterclass available through the website. Connect With the Guest Visit: https://fidelitybps.com Look for the Masterclass link on the homepage.

Joe's Premium Subscription: www.standardgrain.comGrain Markets and Other Stuff Links —Apple PodcastsSpotifyTikTokYouTubeFutures and options trading involves risk of loss and is not suitable for everyone.

Are you following the old playbook to changing wealth? The environment has changed, so your assumptions should too.You can find the full article here.Would you like more free insights from Mark, Shani and the rest of the Morningstar team? You can find them here.A message from Mark and ShaniFor the past five years, we've released a weekly podcast to arm you with the tools to invest successfully. We've always strived to provide independent, thoughtful analysis, backed by the work of hundreds of researchers and professionals at Morningstar.We've shared our journeys with you, and you've shared back. We've listened to what you're after and created a companion for your investing journey. Invest Your Way is a book that focuses on the investor, instead of the investments. It is a guide to successful investing, with actionable insights and practical applications.The book is now available! It is also available in Audiobook format from most sellers.Purchase from Amazon or Purchase from BooktopiaTo submit any questions or feedback, please email mark.lamonica1@morningstar.com or leave us a voicemail to feature on the podcast here.Audio Producer and mixer: William Ton. Hosted on Acast. See acast.com/privacy for more information.

Foundations of Amateur Radio When the Sun burps, something that it does regularly, the mainstream media starts talking about aurorae and optionally the end of the civilised world, not always as clinically as that. What's not talked about, let alone explained, is the nature of the solar burp. You've likely heard the terms Coronal Mass Ejection, or CME, Solar Flare and perhaps Solar Wind, Solar and Geomagnetic Storm, and Solar Flux, but what do these terms actually mean and how do they relate? Let's start with some basic numbers. Our Sun is 150 million kilometres away from Earth. As seen from Earth, the Sun rotates on its axis every 27 days, called a synodic rotation period, because while the Sun is rotating, Earth is moving too. If that wasn't enough, the Sun isn't solid, depending on where you're looking at it, rotation happens at different speeds, faster at the equator, slower at the poles. You might have heard of the Solar Cycle, an 11 year period during which solar activity steadily increases, near the maximum activity its magnetic poles flip from North to South and activity slowly decreases until the cycle starts again. Until quite recently we've deduced this by counting the number of dark areas, called sunspots, on the surface of the Sun. All this to say that our Sun is one massively dynamic environment and with it come a whole lot of processes that science is still discovering. The YouTube channel Astrum has a fascinating video called "We Didn't Predict the Sun Would Do This", that describes much of what we're still learning. We experience the Sun as a source of light, but as a radio amateur you know that light only represents a small set of frequencies in the radio spectrum, it's better to think of the Sun as a radio source, emitting many frequencies at once. The strength of this is measured at 2.8 GHz three times a day at 17:00, 20:00 and 23:00 UTC at the Dominion Radio Astrophysical Observatory in Penticton, British Columbia, Canada. This measurement, the Solar Flux gives a good indication of the level of solar activity. Adjusted for the varying distance between Earth and the Sun, a Solar Flux Index, or SFI, below 70 means that solar activity is very low, above 150 is considered very high activity. In addition to radio waves, the Sun also spits out a continuous wave of particles. Different parts of the Sun emit these at different speeds, varying between 300 and 800 km/s. These particles, the Solar Wind, exist throughout our Solar system. Because the Sun rotates and the particles aren't being emitted evenly we experience the solar wind as having a 27 day cycle. Think of a water filled beach-ball hanging from a rope with a hole in it, spinning, creating spirals of water. Stand in one spot and every time the ball rotates, you get hit by water. When the Sun burps, often at a sunspot, where concentrations of magnetic fields cool the surface, bursts of electromagnetic radiation are generated throughout the radio spectrum. Measured in Watts per square meter, this radiation is called a Solar Flare. Travelling at the speed of light, it takes about nine minutes to arrive at Earth. Sunspot and solar activity is used to model and predict the potential for solar flares. Strength is classified in four stages, class B being the weakest, through C, M, and class X being the strongest, each ten times more powerful than the previous. Within each class, numbers 1 through 9 serve to provide additional resolution, X2 being twice as strong as X1. The most powerful flare on record was estimated to be about X45, recorded on 4 November 2003, when at strength X17 the sensors overloaded. Some solar flares coincide with a massive eruption of particles, some of which are ejected violently, called a Coronal Mass Ejection or CME. A slow CME, travelling at 500 km/s might take three days to hit Earth, an extreme CME, travelling at up to 2,500 km/s might arrive in 16 hours. As the CME particles arrive, they distort Earth's geomagnetic field and depending on the severity, might cause a geomagnetic storm where fields are pushed closer towards Earth causing visual effects as aurorae. Recovery generally takes up to two days, but in extreme cases has been observed to take four. Disturbances of Earth's magnetic field are highly variable and are expressed in several different ways, the K, Kp, A, Ap and G indices. The K-index measured at individual observatories, ranges from 0 to 9 over a three hour period represents the maximum horizontal fluctuation in the geomagnetic field. Values of 5 and above indicating a geomagnetic storm. The planetary Kp-index represents a weighted average of 13 mid-latitude observatories. The National Oceanic and Atmospheric Administration, or NOAA uses a G-scale, between 1 and 5, equivalent to a Kp-index between 5 and 9. The A-index is derived over eight K-index readings over a 24 hour UTC period at a particular observatory, below 20 is calm, between 20 and 50 is unsettled and above 50 is a stormy day. The Ap-index is an averaged planetary index based on data from a set of specific Kp stations. There's more. In 1760, a publication by Swiss polymath Leonard Euler indicated the existence of three stationary points between any two large bodies, known today as L1, L2 and L3. In 1772, Italian born, French mathematician, physicist and astronomer, Joseph-Louis Lagrange, discovered two more stationary points, L4 and L5. Known as the Euler-Lagrange, or Lagrange Points, some of these locations are being used today for solar observations, predictions and early warning systems. Launched on 24 September 2025 and in orbit at L1, between the Sun and Earth, at a distance of 1.5 million kilometres from Earth, the SOLAR-1 satellite acts as an early warning for solar storms. Since particles travel slower than the speed of light, this provides about 15 minutes warning for extreme CME's and longer for slower events. It became fully operational on the 10th of June, 2026. As part of the same Space Situational Awareness Programme as SOLAR-1 is the European Space Agency's Vigil space mission. Intended to be placed at L5, 150 million kilometres from Earth, it will be able to observe solar activity as the Sun rotates towards Earth and reports indicate that this will increase early CME warning by two to four hours. Vigil will also allow for four to five day space weather forecasts. It's planned for launch in 2031, mind you, it's going to take three years to get to L5. Aimed with all that information, I was actually, for the first time, able to at least understand the solar report in my Mastodon feed. "The Sunspot Number has dropped to 88. The Solar Flux Index has risen to 149. G1-class geomagnetic storms are predicted for today. A-Index is 14, K-Index is 2. Chance of flares today: 55% for M-Class, 10% for X-Class." Armed with that information I'm going to make myself a cuppa and figure out what my WSPR beacon has to say about all this. I'm Onno VK6FLAB

SpaceX  – Price almost $135 – full retracement. Earnings season in on –  here we go! Inflation – choppy. War back on! Straits Open? Or? New Diet? CYCLOSPORIASIS PLUS we are now on Spotify and Amazon Music/Podcasts! Click HERE for Show Notes and Links DHUnplugged is now streaming live - with listener chat. Click on link on the right sidebar. Love the Show? Then how about a Donation? PayPal.Donation.Button({ env:'production', hosted_button_id:'JJJHP2GDEJC7J', image: { src:'https://www.paypalobjects.com/en_US/i/btn/btn_donateCC_LG.gif', alt:'Donate with PayPal button', title:'PayPal - The safer, easier way to pay online!', } }).render('#donate-button'); Follow John C. Dvorak on Twitter Follow Andrew Horowitz on Twitter Warm-Up - CTP for SpaceX  - Price almost hit $135 yesterday - Earnings season 0 here we go! - Inflation - choppy - War back on! Straits Open? Or? New Diet? CYCLOSPORIASIS Markets - Inflation - Some Relief - IBM's Pre-Annnouncment - What does this say? - Bank earnings and an earnings cheat sheet - Some interesting chart data Health Update: Meniscus Repair next Thursday.... Today IBM stood for 'I Be Melting' as Big Blue turned into Big Blew Up... IBM: It's Been Murdered IBM: I Bought Misery IBM: Investment Board Malfunction Big Blue looked more like Deep Red today The only cloud around IBM today was hanging over the stock chart IBM investors got a free software update: Version 2.0 of disappointment. IBM'S AI FACE-PLANT - IBM shares plunged as much as 25%, putting the stock on pace for its worst session on record. - Preliminary revenue was $17.2 billion versus expectations near $17.9 billion. - Adjusted earnings were projected at $2.93 per share versus roughly $3.01 expected. - Management said customers redirected spending toward AI servers, memory and hardware while delaying software purchases. - The drop removed roughly 375 points from the price-weighted DJIA. - JCD and AH were both right and wrong for the weekly stock picks TRUTH? - President Trump says U.S. blockade will apply only to ships from Iranian ports; says Strait of Hormuz is open to all traffic except for Iran; says "Based on highly productive conversations with Middle East leadership, I have decided to replace the 20% United States reimbursement fee with trade and investment deals that the various Gulf States will be making into the United States" - Can never be proven - no real numbers here.... Clearly needed to walk back the 20% item - Hormuz still hobbled - best estimates are that the ships passing are 20% of pre-war levels INFLATION RELIEF - FOR NOW - June CPI rose 3.5% year over year, down from 4.2% in May and below the 3.8% consensus. - Core CPI held at 2.6%. - Falling gasoline and energy prices drove much of the improvement. - Traders sharply reduced expectations for a July Fed rate increase. - Treasury yields fell and the Nasdaq advanced. WALL STREET BANKS PRINT MONEY - JPMorgan posted $21.2 billion in net income, helped by special items. - Markets revenue rose 35% to $12.1 billion, including an 86% jump in equities revenue. - Bank of America earned $9.1 billion as equities trading revenue increased 70%. - Goldman Sachs reported earnings of $20.98 per share and a 23.5% annualized return on common equity. - Jamie Dimon described conditions as close to "as good as it gets." THE $26.5 BILLION AI-MEMORY IPO - $ GRAB - SK Hynix raised $26.5 billion through a Nasdaq ADR listing. - The offering priced at $149 and finished approximately 13% higher the day of the offering, but sunk the next. - Demand reportedly exceeded the available shares by more than seven times. - SK Hynix supplies high-bandwidth memory used in Nvidia-powered AI systems. - The listing gives U.S. investors direct access to one of the largest beneficiaries of AI infrastructure spending. - - Samsung is on tap to do the same thing... Some Interesting Charts Best Quarters Plus One Equal vs Cap-Weight OIL'S CEASEFIRE WHIPLASH - Brent crude jumped 5.2% to $78.02 a barrel after the U.S.-Iran ceasefire broke down. - WTI rose 4.4% to $73.52. - Markets repriced the risk of interrupted tanker traffic through the Strait of Hormuz. - Energy stocks gained while airlines and the broader market weakened. - Rising oil prices could quickly reverse the energy-related improvement seen in the June inflation report. APPLE SUES OPENAI - AI PARTNERS TURN RIVALS - Apple sued OpenAI and two former Apple employees on July 10, alleging coordinated theft of hardware trade secrets. - The defendants include OpenAI hardware chief Tang Tan and technical employee Chang Liu, both former Apple employees. - Apple claims confidential product designs and manufacturing information were taken to accelerate OpenAI's consumer-device program. - More than 400 former Apple employees reportedly now work at OpenAI, highlighting the scale of the talent migration between the companies. IPO AND MEGADEAL FEVER RETURNS - Global deals valued above $10 billion reached record levels during the first half of 2026. - Mega-deals represented approximately 43% of newly announced M&A volume. - Investment-banking revenue surged across JPMorgan, Bank of America and Goldman Sachs. - Large offerings from SpaceX and SK Hynix added momentum to underwriting activity. - The boom depends on high equity valuations, strong AI demand and large transactions continuing. BANKS BANKS BANKS JPMORGAN CHASE - RECORD PROFIT - Profit reached a record $16.9 billion, or $6.14 per share, versus $5.59 expected. - Managed revenue totaled $58 billion, with every major business reporting record revenue. - Markets revenue rose 35%, led by an 86% surge in equities trading. - Investment-banking revenue increased 30% to its highest level since 2021. - Jamie Dimon warned that geopolitical tensions, sticky inflation, fiscal deficits and elevated asset prices remain major risks. BANK OF AMERICA - TRADING RECORD - Net income rose 27% to $9.1 billion, or $1.21 per share, versus $1.13 expected. - Revenue increased 15% to $31.6 billion. - Sales and trading revenue jumped 33% to a record $7.1 billion; equities revenue rose 70%. - Investment-banking fees increased 50% to $2.1 billion. - Full-year net-interest-income growth is now expected near the upper end of the previous 6% to 8% range. GOLDMAN SACHS - DEAL BOOM - Profit reached $6.63 billion, or $20.98 per share, versus $14.48 expected. - Revenue totaled $20.3 billion. - Equities revenue surged 72% to a record $7.42 billion. - Fixed-income, currency and commodities revenue increased 32% to $4.59 billion. - Investment-banking fees jumped 55%, helping send Goldman shares to a record high. CITIGROUP - DECADE-HIGH REVENUE - Net income jumped 45% to $5.8 billion, or $3.15 per share, versus roughly $2.74 expected. - Revenue rose 14% to $24.8 billion, the bank's highest quarterly revenue in a decade. - Investment-banking revenue increased 44% to $1.55 billion. - Equities trading revenue rose 45%, while fixed-income trading increased 7%. - Return on tangible common equity reached 13%, matching the upper end of management's target range. WELLS FARGO - BACK ON OFFENSE - Net income rose 22% to $6.4 billion, or $2.00 per share. - Revenue reached $22.6 billion and topped expectations. - Investment-banking revenue increased 20%. - Markets revenue rose 24% as volatility boosted client activity. - Management said the removal of regulatory growth restrictions is allowing the bank to deploy capital and expand its balance sheet. Bank Returns Post Earnings (July 14, 2026) Bank Stocks Earnings Cheat Sheet - JULY 15 - ASML: Expected EPS around $7.92 on $10.25 billion revenue; bookings, EUV demand and updated AI-chip equipment guidance will matter most. - JULY 15 - JOHNSON & JOHNSON: Expected EPS around $2.86 on $25.02 billion revenue; watch pharmaceutical growth, medical-device demand and full-year guidance. - JULY 15 - MORGAN STANLEY: Expected EPS around $2.89 on $19.38 billion revenue; trading, investment banking and wealth-management inflows are the key numbers. - JULY 15 - BLACKROCK: Expected EPS around $12.59 on $6.80 billion revenue; assets under management, ETF flows and private-market fundraising will be in focus. - JULY 16 - TSMC: Expected EPS around $3.76-$3.77 on roughly $40 billion revenue; AI demand, gross margin and any increase to capital-spending guidance are critical. - JULY 16 - UNITEDHEALTH: Expected EPS around $4.84 on $110.8 billion revenue; medical-cost trends and the durability of full-year guidance are the main issues. - JULY 16 - GE AEROSPACE: Expected EPS around $1.85 on $11.8 billion revenue; engine deliveries, service revenue and supply-chain constraints will drive the reaction. - JULY 16 - NETFLIX: Expected EPS around $0.79 on $12.58 billion revenue; advertising growth, engagement and operating-margin guidance will matter more than subscribers. - JULY 17 - TRAVELERS: Expected EPS around $5.33 on roughly $11 billion revenue; catastrophe losses, insurance pricing and reserve development are the key swing factors. - JULY 17 - FIFTH THIRD: Expected EPS around $0.98 on $3.25 billion revenue; net-interest income, deposit costs and credit quality will be closely watched. WAYFAIR GOES PHYSICAL - Wayfair opened its second large-format store in Atlanta on March 31, following the 2024 debut of its 150,000-square-foot Wilmette, Illinois flagship. - The company is building a national store network, with Denver expected later in 2026 and Yonkers, Cincinnati and Princeton locations planned for 2027. - The stores combine furniture, decor, appliances and home-improvement products, giving customers a chance to test large purchases before ordering. - The strategy is a major reversal for an online-first retailer and is designed to increase brand awareness, reduce dependence on digital advertising and capture shoppers returning to physical stores. AI SOVEREIGN WEALTH FUND - PUBLIC OWNERSHIP DEBATE - Bernie Sanders introduced legislation requiring the largest AI companies to transfer 50% of their equity into a U.S. sovereign wealth fund. - The fund is projected by supporters to hold roughly $7 trillion and could finance annual public dividends and government services. - OpenAI has separately floated a much smaller proposal in which major AI companies would voluntarily contribute about 5% of their equity. - Supporters call it a way to share AI-created wealth; critics warn government ownership could discourage investment, distort regulation and reduce innovation. PSA  - That's what we do....CYCLOSPORIASIS OUTBREAK - CASES SURGE - Cyclosporiasis cases are rising across more than 30 states, with Michigan, Ohio and New York reporting particularly large increases. - The CDC reported at least 843 confirmed cases and 86 hospitalizations by July 9, but state totals and reporting delays suggest the real count is substantially higher. - Lettuce, salad greens and other fresh produce are being investigated, although officials have not identified a specific product, supplier or national recall. - The parasite causes prolonged or recurring watery diarrhea; washing produce may reduce risk, and persistent symptoms should prompt medical testing and treatment. HOW TO REDUCE CYCLOSPORIASIS RISK (FWIW) - Wash hands with soap before preparing food and after using the bathroom. - Rinse fresh fruits, vegetables and herbs thoroughly under running water; scrubbing helps but cannot guarantee removal. - Keep raw produce separate from unwashed items, dirty utensils and preparation surfaces. - When traveling in tropical or subtropical areas, use safe water and avoid raw produce you cannot peel yourself; routine chemical sanitizers may not kill Cyclospora. Love the Show? Then how about a Donation? PayPal.Donation.Button({ env: 'production', hosted_button_id: 'JJJHP2GDEJC7J', image: { src: 'https://www.paypalobjects.com/en_US/i/btn/btn_donateCC_LG.gif', alt: 'Donate with PayPal button', title: 'PayPal - The safer, easier way to pay online!' } }).render('#donate-button-2'); THE CLOSEST TO THE PIN for SpaceX (SPCX) Winners will be getting great stuff like the new "OFFICIAL" DHUnplugged Shirt!     FED AND CRYPTO LIMERICKS   See this week's stock picks HERE Follow John C. Dvorak on Twitter Follow Andrew Horowitz on Twitter

It's the Ranch It Up Radio Show Herd It Here Weekly Report!  A 3-minute look at cattle markets, reports, news info, or anything that has to do with those of us who live at the end of dirt roads.  Join Jeff 'Tigger' Erhardt, the Boss Lady Rebecca Wanner aka 'BEC' by subscribing on your favorite podcasting app or on the Ranch It Up Radio Show YouTube Channel. Trump Administration Throws Small Beef Packers A Life Line The Trump administration is rolling out a new $500 million relief program to help small and mid-sized beef processors as the cattle industry continues to deal with the smallest cattle supplies in decades and heavy financial losses. USDA says qualifying processors will receive payments if they maintain minimum cattle slaughter levels. The program is designed to help offset losses that are estimated at around $300 per head. The nation's four largest beef packers—Tyson Foods, JBS, Cargill, and National Beef—are not eligible for the assistance. Those companies process more than 80 percent of all U.S. fed cattle and are excluded from the program. REFERENCE: https://meatingplace.com/trump-admin-weighs-large-lifeline-for-small-beef-packers/ New World Screwworm Update As New World Screwworm continues to spread in Texas, livestock owners are being urged to stay alert. Beyond the animal health concerns, the pest could bring significant economic losses to producers. As of June 28, USDA has confirmed 27 cases in the United States. The parasite has been found in cattle, goats, and sheep in Texas, along with one infected dog in New Mexico. New World Screwworm has a long history in the U.S., dating back to the 1840s. By the 1960s, annual losses were approaching $100 million. Adjusted for today's dollars, a recent USDA study estimates Texas producers alone could lose more than $730 million, with the total economic impact reaching nearly $1.8 billion. While the first U.S. case this year was confirmed in Texas on June 3, livestock producers have already been feeling the financial impact for nearly a year because the U.S.-Mexico border has remained closed to Mexican cattle imports in an effort to slow the spread of the pest. REFERENCE: https://www.dtnpf.com/agriculture/web/ag/livestock/article/2026/06/29/hands-deck-texas-livestock-producers Upcoming Feeder Cattle, Bull & Cow Sales On RanchChannel.Com Lots of feeder cattle, steers & heifers, bulls, and cow sales coming up on the RanchChannel.Com sale calendar.  Check out the full line up HERE. SPONSORS Jorgensen Land & Cattle https://jorgensenfarms.com/ @JorLandCat Ranch Channel https://ranchchannel.com/ @RanchChannel Questions & Concerns From The Field? Call or Text your questions, or comments to 707-RANCH20 or 707-726-2420 Or email RanchItUpShow@gmail.com FOLLOW Facebook/Instagram: @RanchItUpShow SUBSCRIBE to the Ranch It Up YouTube Channel: @ranchitup Website: RanchItUpShow.com https://ranchitupshow.com/ The Ranch It Up Podcast is available on ALL podcasting apps. https://ranchitup.podbean.com/ Rural America is center-stage on this outfit. AND how is that? Because of Tigger & BEC... Live This Western Lifestyle. Tigger & BEC represent the Working Ranch world by providing the cowboys, cowgirls, beef cattle producers & successful farmers the knowledge and education needed to bring high-quality beef & meat to your table for dinner. Learn more about Jeff 'Tigger' Erhardt & Rebecca Wanner aka BEC here: TiggerandBEC.com https://tiggerandbec.com/

Einhard was employed by Charlemagne as a court historian. At the request of Charlemagne's son and successor Louis the Pious, he wrote a biography of Charlemagne, the Vita Karoli Magni or Life of Charlemagne (c. 817–830), which provides much direct information about Charlemagne's life and character. In composing this he made full use of the Frankish Royal annals. Einhard's literary model was the classical work of the Roman historian Suetonius, the Lives of the Caesars. (Adjusted from Wikipedia.)Translated by Samuel Epes Turner.This is a collaborative reading.Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

In this episode of The First Day from The Fund Raising School, Bill Stanczykiewicz, Ed.D., welcomes Christina Daniken, senior member of the research team at the Indiana University Lilly Family School of Philanthropy and Editor-in-Chief, for Giving USA. The big headline: charitable giving in the United States reached $617.2 billion in 2025, growing 5% in current dollars and crossing the $600 billion mark for the first time. Adjusted for inflation, giving still trails the pandemic-era high of 2021, but Bill and Christina underscore the encouraging reality that Americans continued to give generously despite inflation, market volatility, tariffs, and historically low consumer sentiment. Bill and Christina then dig into where the money came from, walking through the four major sources tracked by Giving USA: individuals, bequests, foundations, and corporations. Individual giving remained the mighty locomotive of American philanthropy, rising 4.1% to $394.2 billion. Bequests delivered one of the year's most eye-catching stories, growing 19.7% to $62.19 billion, with Christina noting that bequests have grown by about 20% in three of the last four years. Foundation giving also climbed 5.7% to $117.15 billion, staying above the $100 billion mark for the fourth consecutive year. Corporate giving grew more modestly, up 3.1% to $43.67 billion, but Christina reminds listeners not to panic: over the past five years, corporate giving has actually grown the most among the major source categories, even as it shifts toward more strategic giving, employee matching, and local sponsorships. The conversation then turns to where the money went across the nonprofit subsectors. Religion remained the largest recipient category, as it has for decades, receiving $151.58 billion, or 23% of total giving, though its share of the overall giving pie continues to shrink gradually. Human services continued its pandemic-era rise, reaching $99.5 billion and accounting for 15% of all charitable giving, its highest share on record. Education remained strong at just over $92 billion, or 14% of total giving. Christina also highlights that the strongest growth in 2025 appeared in education, public-society benefit, and environment, while health, arts, and environment/animals reached inflation-adjusted highs. Bill and Christina close by making the data practical for fundraisers, especially around long-term trends and donor advised funds. Christina explains that public-society benefit includes many broad community, civic, economic development, and philanthropic organizations, and she helps clarify how Giving USA counts gifts to donor advised funds depending on whether they are held by national sponsors, community foundations, universities, religious organizations, or other issue-specific sponsors. Bill emphasizes that the smart folks behind Giving USA work carefully to avoid double-counting gifts as they move into and out of DAFs. The takeaway is clear and wonderfully useful: the 2025 numbers offer plenty of good news, a few flashing yellow lights, and a whole buffet of data fundraisers can use for planning, strategy, and making the case for support. The Giving USA 2026 report can be accessed at https://givingusa.org/.

With so much volatility and uncertainty in the world, it's getting increasingly risky to invest in equity opportunities with long, illiquid hold periods. It's too hard to predict what will happen over time, and we're long overdue for a major market correction. That's why investing in shorter term, no or low leverage residential loans can be a great way to generate a high, risk adjusted yield in today's market. Jef Baker, Founding Partner of Black Butte Capital, specializes in making loans to fix and flip contractors in the Portland, Oregon metro where he lives. Jef gets to know the borrowers and properties in-person to mitigate risk and protect his investor's capital. Black Butte also invests in their own fix and flip properties. 

Executive Summary In part two of the Prosperity Podcast's retirement series, Kim Butler and Spencer Shaw move beyond the numbers and into the human dimension of stopping work. Kim opens with a deceptively simple question: what does a full day of doing nothing actually feel like? Her answer, drawn from personal experience, sets the philosophical tone for everything that follows. We were put on this earth to serve, she argues, and when we stop serving, we stop progressing. Progress, she notes, quoting a late 1800s thinker, is the law of God. The conversation then turns to the practical mechanics of the retirement decision, starting with Social Security. Kim's guidance is direct: delay as long as possible, ideally to 72. The reason is mathematical. The crossover point, the age at which you collect more in total by waiting, falls between 14 and 18 years after the date you begin taking benefits. For most people who expect to live into their 80s and beyond, the math favors waiting. She also introduces Dr. Katy Votava as the go-to expert on Medicare, with a firm warning: decisions around Medicare enrollment carry deadlines that are irreversible. Missing the window means permanently losing the opportunity. The episode closes with one of its sharpest claims: the retirement age of 65 was proposed in 1930. Adjusted for today's life expectancy, it would be 87. Kim walks through the arithmetic. If a person earns from 27 to 87, that is 50 years of income on 10 to 15 percent savings. If they then live to 121, that is 40 years of spending with no new income. The numbers do not work. Dan Sullivan, at age 82, is cited as the counterexample: still producing some of his most impactful work, with a stated goal of reaching 156, simply because he thinks about the future differently. Links & Resources Mentioned For resources and additional information of this episode go toEmpower Your Finances With Our Prosperity Podcast Empowering Parents, Nurturing Futures - Prosperity Parents Kim D. H. Butler Keywords retirement age 87, Social Security delay strategy, when to take Social Security, Medicare enrollment deadlines, Katy Votava Medicare, longevity retirement planning, prosperity thinkers, financial freedom, Dan Sullivan longevity, age 121 actuarial tables, retirement math, working longer benefits, retirement and purpose, financial education, service and retirement, prosperity economics, retirement planning 2026, work in retirement, agency and responsibility, progress is the law of God Episode Highlights [00:00:00 - 00:01:08] Spencer frames part two and Kim makes the case that doing nothing feels yucky, not freeing. [00:01:08 - 00:04:10] Kim on drawing a hard line against wallowing and the quote: 'Progress is the law of God.' [00:04:10 - 00:07:53] Kim introduces the concept of agency from Dan Sullivan and explains why serving others improves your own state. [00:07:53 - 00:09:29] Social Security: Kim's firm recommendation to delay as long as possible, ideally to 72. [00:09:29 - 00:10:42] Kim explains the 14-to-18-year crossover point and why income taxes on Social Security should not drive the decision. [00:10:42 - 00:12:31] Kim introduces Dr. Katy Votava for Medicare guidance and warns about irreversible enrollment deadlines. [00:12:31 - 00:13:41] Actuarial tables updated: life insurance illustrations now go to age 121, up from 100. [00:13:41 - 00:14:56] Kim makes the case for working until the mid-80s. The retirement age of 65 from 1930 would be 87 today. [00:14:56 - 00:16:06] The math: 50 years earning, 40 years spending, 10-15% savings. 'Just not mathematically possible.' [00:16:06 - 00:19:30] Dan Sullivan at 82, goal age 156, and why that mindset produces better outcomes regardless of outcome. [00:19:30 - 00:20:46] Spencer previews part three on portfolio allocations and issues the CTA for Medicare help.  

THE STORM THAT BROKE THE BOOM: THE GREAT MIAMI HURRICANE OF 1926Weather With Enthusiasm | Kol Simcha Productions━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━EPISODE SUMMARYOn the morning of September 18, 1926, a Category 4 hurricane made landfall near Perrine, Florida — just fifteen miles south of downtown Miami — and changed American history. The storm caught a booming, unprepared city almost entirely by surprise, killing hundreds, displacing tens of thousands, and delivering the final blow to the greatest real estate speculation in American history: the Florida Land Boom.This episode tells the full story: the storm's origin in the central Atlantic, the catastrophic failure of the warning system, the deadly lull of the eye, the destruction in Miami and Moore Haven, the economic collapse that followed — and why this hurricane still matters today.━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━KEY FACTSMETEOROLOGICAL DETAILS• Storm type: Classic Cape Verde hurricane• Formed: September 11, 1926, central Atlantic Ocean• Category at landfall: 4 (Saffir-Simpson scale)• Peak sustained winds: 150 mph (September 16, 1926)• Winds at Miami landfall: 145 mph• Recorded wind speed: 128 mph from the east/southeast at 7:30 a.m.; anemometer blew away at 8:12 a.m. while registering 120 mph; estimated peak 140–150 mph• Barometric pressure at Miami: 27.61 inches (minimum recorded)• Landfall location: Near Perrine, Florida (15 miles south of downtown Miami)• Landfall date/time: Before 12:00 UTC, September 18, 1926• Radius of storm: Approximately 60 miles wide at landfall; outermost closed isobar 375 miles acrossSTORM SURGE• Coconut Grove: 14–15 feet• Dinner Key: 11.7 feet• Miami Beach and barrier islands: 10-foot surge• Moore Haven (Lake Okeechobee): 13–15 feet of water after dike breach• MacArthur Causeway: submerged under 6 feet of waterTIMELINE• September 11: Storm forms in central Atlantic• September 15–16: Passes north of Virgin Islands and Puerto Rico; reaches Category 4• September 17, noon: Miami Weather Bureau posts storm warnings (one step below hurricane)• September 17, ~11 PM: Hurricane warnings finally issued as barometer drops sharply• September 18, ~2:00 AM: Storm hits Miami Beach• September 18, ~6:30 AM: Eye passes over downtown Miami — lull of ~35 minutes• September 18, ~7:00 AM: Back wall of hurricane arrives; worst destruction begins• September 20: Second landfall near Pensacola, Florida (Category 3)• September 21: Moves into Mississippi and LouisianaDEATH TOLL AND CASUALTIES• Red Cross reported deaths: 372 (as of October 9, 1926)• Deaths in Miami alone: 114• Moore Haven deaths: At least 150 confirmed; estimates up to 300• Missing persons: More than 800 never accounted for• Total injured: Over 6,000• Total deaths across full storm path (including Pensacola/Mobile): 243+DESTRUCTION IN MIAMI AND SOUTH FLORIDA• Homes destroyed: 2,000• Homes damaged: 3,000• Homeless residents: 25,000–47,000• Every building in downtown Miami was damaged or destroyed• Collins Avenue covered in sand; lobbies of oceanfront hotels flooded• Utilities (electricity, water) cut offMOORE HAVEN DISASTER• Lake Okeechobee surge burst through earthen dikes (only 6 feet tall)• Town submerged under 13–15 feet of water• Most buildings swept off foundations• Many bodies carried into the Everglades and never recoveredECONOMIC IMPACT• Property damage (1926 dollars): $105 million (Florida alone: $75 million)• Adjusted for inflation: More than $164 billion in today's dollars• Wealth-normalized estimate (2018): $235.9 billion — the costliest U.S. hurricane on record by that measure• Estimated cost if an identical storm struck in 2005: $140–157 billion• Described by the U.S. Weather Service as "probably the most destructive storm in the history of the United States"• Delivered the final blow to the Florida Land Boom; thousands of newcomers left the state• South Florida entered economic depression three years ahead of the rest of the country• Full economic recovery did not come until the 1940sLEGACY• Miami appointed its first chief building inspector, who created what became the first enforced municipal building code in the United States — later adopted by more than 5,000 U.S. cities• Florida State Legislature created the Okeechobee Flood Control District• President-elect Herbert Hoover visited; authorized cooperation with the U.S. Army Corps of Engineers for comprehensive flood control• Hurricane warning systems nationwide were overhauled• The University of Miami, which opened weeks after the storm, spent its first 15 years in financial hardship due to the boom's collapse━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━SOURCES AND FURTHER READING• NOAA / National Weather Service Miami — "Great Miami Hurricane of 1926" https://www.weather.gov/mfl/miami_hurricane• NOAA National Hurricane Center — "Hurricanes in History" https://www.nhc.noaa.gov/outreach/history/• Wikipedia — "1926 Miami hurricane" https://en.wikipedia.org/wiki/1926_Miami_hurricane• PBS American Experience — "The Hurricane of 1926" https://www.pbs.org/wgbh/americanexperience/features/miami-hurricane-1926/• Flamingo Gardens — "Eye-witness Account of the Great Hurricane of 1926" (D. L. Gregory eyewitness letter) https://flamingogardens.org/eye-witness-account-of-great-hurricane/• Florida International University — "Great Miami Hurricane of 1926" (lecture PDF) https://faculty.fiu.edu/~willough/met_4532/PDFS/HCN_LEC16&17_17.pdf• Florida Climate Center — "Hurricanes: Notable Hurricanes in Florida's History" https://climatecenter.fsu.edu/kids/topics/hurricanes/fullBOOK RECOMMENDATIONS• Barnes, J. (1998). Florida's Hurricane History. University of North Carolina Press.• Douglas, M. S. (1958). Hurricane. Rinehart and Company.• Reardon, L. F. (1926/1986 reprint). The Florida Hurricane and Disaster. Lion and Thorne Publishers.━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━HASHTAGS#WeatherWithEnthusiasm #GreatMiamiHurricane #Hurricane1926 #MiamiHistory #FloridaHistory #HurricaneHistory #ExtremWeather #NaturalDisaster #FloridaLandBoom #HistoricalHurricane #WeatherPodcast #KolSimchaProductions #MooreHaven #LakeOkeechobee #1920s #StormHistory #CapeVerdeHurricane #Category4 #SouthFloridaBecome a supporter of this podcast: https://www.spreaker.com/podcast/weather-with-enthusiasm--4911017/support.Weather with Enthusiasm is produced by Kol Simcha Productions.New episodes drop daily (B'N)— a morning forecast at 7 AM and historical deep dives Tuesdays and Thursdays. Contact: kolsimchaproductions@outlook.comHistorical content is thoroughly researched and factually verified. After it has been factually verified it often will say so in the description. Should you find any mistakes, please email kolsimchaproductions@outlook.com so we can look into it and correct it. Not affiliated with any government agency or academic institution. Presented for educational and entertainment purposes — with meaning.Support the show — exclusive bonus episodes available to subscribers for just $2/month at spreaker.com/organization/kol-simcha

Dennis Cox & Chris Lea discuss the Carolina Panthers going through offseason OTAs, including the leadership role of quarterback Bryce Young, and head coach Dave Canales adjusting to running practices while not being the offensive playcaller. Panthers Playbook is sponsored by Wake Orthopedics.

Sigmund Cos. is challenging the status quo in retail investment with alternative investment strategies that are delivering value. Institutional investors have been hard focused on core grocery-anchored shopping centers for years, but the retail market has attractive opportunities beyond those properties. Under the leadership of managing partner Wright Sigmund, The Sigmund Companies has focused on convenience- and necessity-based retail in edge markets and lifestyle centers in larger markets to deliver the same risk-adjusted returns. Sigmund was recently named a retail real estate influencer by GlobeSt.com for his pioneering strategies that deliver meaningful value in alternative and often overlooked retail assets. Sigmund sat down with GlobeSt.com to discuss investment opportunities in retail including:   How to underwrite opportunities in necessity-based retail and lifestyle retail centers The importance of using tenant mix, lease-up and capital improvements to drive value at the property How the firm is using technology and AI to drive efficiency and remain competitive  

What are the 10 highest grossing movies of all-time, adjusted for inflation?

Two exhausted spacemen gamble their lives on an impossible return from Venus while an isolated outpost waits for rescue that may never come. As Earth races closer by the second, one reckless landing idea stands between them and a fireball over the Pacific. Message from Venus by Russ Winterbotham. That's next on The Lost Sci-Fi Podcast.Although he isn't remembered as a major contributor to science fiction Russ Winterbotham's career lasted more than three decades. He wrote seven novels and more than 60 short stories beginning in 1935.Winterbotham was paid $44.55 for the story back in 1941. Adjusted for inflation that would be about $570 today. How do we know how much he was paid? Comet magazine paid a penny per word for every story it published. Which may not seem like a lot but two competing science fiction magazines that got their start about the same time didn't pay anything at all.Those two magazines combined for only seven issues before they ceased publication. Russ Winterbotham's story was published in the January 1941 issue of Comet magazine which lasted for only 5 issues. Turn to page 21, Message from Venus by Russ Winterbotham…Next on The Lost Sci-Fi Podcast, A reporter spends ten years chasing evidence that certain men do not stay dead, only to discover that every attempt to expose them pushes him closer to losing his own mind. When the last piece of proof vanishes before his eyes, Dane Phillips faces a far worse possibility than failure. Dead Ringer by Lester Del Rey.

Protect your energy from NPC's

Protect your energy from NPC's

Daily Snippet vom 05.05.2026 Bitcoin steht bei rund 80.000 Dollar und ist in den letzten zwei Wochen leicht gestiegen. Trotzdem ist das für mich kein spannendes Setup. Gegen die Nasdaq liegt Bitcoin auf einem Zwei Jahres Tief und hat selbst in einem starken Risk On Monat underperformed. Warum der Dollarpreis allein hier zu wenig aussagt, liest du im heutigen Blog. https://www.julianhosp.com/de/blog/daily-snippet-05-05-2026 —— Folge mir für ehrliche Finanz-Einblicke! Montag bis Freitag: Dein persönliches Finanz-Audio. Kompakt, klar und mit den wichtigsten Marktinfos für deinen Vorsprung:

(00:00) Zolak & Bertrand start the hour talking about how the Celtics in Game 7 never adjusted on the fly.(14:53) We talk about what a package surrounding a deal for A.J. Brown could look like.(24:35) Zolak & Bertrand close the hour talking about what could've changed that would have prevented the Celtics game 7 loss.(33:59) Today's TakeawaysSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

These are the Top Ten Biggest Box Office Movies Ever (Adjusted for Inflation)

WWJ auto analyst John McElroy reports the adjusted numbers that include many one time expenses are included in every quarterly report and is similar to what led up to bankruptcies in the past.

Adam Crowley and Dorin Dickerson assess the job Penguins' head coach Dan Muse did in the playoff series against the Philadelphia Flyers.

In episode 329 of The Footballguys Fantasy Football Show, Dave Kluge and Joey Wright discuss the biggest risers and fallers in fantasy football following the 2026 NFL Draft.   Download the 2026 Footballguys Rookie Guide: www.https://footballguys.com/rookieguide   Email us at fantasyshow@footballguys.com!  

"Every Parent's Hope: Raising a Warm, Well-Adjusted, Successful Child" - Listen to my Morning Monologue: I'm sharing my take on pressing issues, enlightening research on human behavior, answering questions I get by email, and my favorite, most instructive interactions with callers. Everything you'll hear is designed to help you become a better spouse, parent, family member, co-worker, friend, and human being. It's the free therapy you need!  Call 1-800-DR-LAURA / 1-800-375-2872 or make an appointment at DrLaura.com Follow me on social media: Facebook.com/DrLaura Instagram.com/DrLauraProgram YouTube.com/DrLaura Join My Family!! Receive my Weekly Newsletter + 20% off my Marriage 101 course & 25% off Merch! Sign up now, it's FREE! Each week you'll get new articles, featured emails from listeners, special event invitations, early access to my Dr. Laura Designs Store benefiting Children of Fallen Patriots, and MORE! Sign up at DrLaura.com Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Advisors on This Week's Show Kyle Tetting Art Rothschild Adam Baley (with Joel Dresang, engineered by Jason Scuglik) Week in Review (April 20-24, 2026) Significant Economic Indicators & Reports Monday No major announcements Tuesday Retail sales rose 1.7% in March, driven by higher gas prices. The U.S. Census Bureau said 12 of 13 categories reported higher revenue than February. The exception was miscellaneous stores. Gas station sales jumped 15.5% in a month when prices rose 24%, according to the U.S. Energy Information Administration. Excluding gas stations and car dealers, retail spending increased 0.6%. Sales at bars and restaurants rose 0.1%, following a 0.5% gain in February and two months of declines. Adjusted for inflation, total retail sales rose 0.8%, the most in a year. Retail sales represent about two-thirds of U.S. consumer spending, which accounts for about 70% of the gross domestic product. Prospects for home sellers brightened slightly in March with a bump up in the pending home sales index from the National Association of Realtors. The trade group said its index rose 1.5% from February but was down 1.1% from the year before. It stood more than 26% below the 2001 index base, which the Realtors consider to be a normal sales level. The association said the monthly increase in contract signings amid rising mortgage interest rates suggested pent-up demand. It cited a lack of inventory, especially for young, first-time buyers. Among the top 50 metro areas in the country, the Realtors said the Milwaukee-Waukesha area had a 13.5% one-year gain in pending sales, second only to the Kansas City area, at 15%.  Wednesday No major announcements Thursday The four-week moving average for initial unemployment claims rose slightly for the third week in a row to remain 42% below its average since 1967. A Labor Department report suggested continued reluctance among employers to let workers go. Total jobless claims dropped 1.9% from the week before to 1.9 million, which was 2.9% below the same time in 2025. Friday Consumer sentiment declined 6.6% in April as the U.S.-Israeli war in Iran continued to weigh down expectations for personal finances and the broader economy. Sentiment overall was nearly 5% lower than in April 2025 and near its low levels in mid-2022, when inflation reached 40-year highs. According to the University of Michigan survey, consumers expect inflation to rise to 4.7% in the next year and to settle around 3.5% longer term. The latest Consumer Price Index showed inflation at 3.3% in March, well above the Federal Reserve’s long-term target of 2%. Market Closings for the Week Nasdaq – 24837, up 368 points or 1.5% S&P 500 – 7165, up 39 points or 0.5% Dow Jones Industrial Average – 49229, down 218 points or 0.4% 10-year U.S. Treasury Note – 4.31%, up 0.06 point

Pool Pros text questions hereThis episode busts common water chemistry myths, explores the science behind pool maintenance, and discusses the future of industry education. Featuring Eric Knight from Watershape University, it offers practical insights for professionals seeking to improve their water management skills.Keywordswater chemistry, pool maintenance, water shaping, pool industry education, pool myths, chlorine, pH, alkalinity, CYA, salt systemsKey TopicsWater chemistry misconceptionsProper water testing and treatmentImpact of pH, alkalinity, and CYA on poolsGuest NameEric KnightSound Bites"The acid column pour myth is not accurate""Adjusted alkalinity is not the true alkalinity""Salt systems do not inherently raise pH"ContactWatershape University HomepageChapters00:00Introduction to Water Chemistry Education04:19Eric Knight's Journey in Aquatics07:12The Future of the Pool Industry09:52Debunking Myths about Watershape University12:55Understanding the Curriculum and Its Accessibility14:45Advanced Training and Certification14:52Customer Service in Pool Industry16:23Debunking Water Chemistry Myths23:33Understanding pH and Chlorine Strength29:46The Future of Pool Automation34:40Understanding pH Myths in Swimming Pools40:14Salt Systems and Their Chemistry43:22Cyanuric Acid: The Misunderstood Protector49:35The Importance of Education and Automation in Pool Management The Grit GameThe Grit Game, is not just playing the game, we're changing it. 500+ years industry experience, Revdup Apparel a custom apparel company built for the pool industry. Founded by pool professionalsDisclaimer: This post contains affiliate links. If you make a purchase, I may receive a commission at no extra cost to you.Support the showThank you so much for listening! You can find us on social media:FacebookInstagramTik TokEmail us: talkingpools@gmail.com

In this episode, Dr. Steve Judson and Dr. Drew Henderson are fired up — DE week is here, the room block is sold out twice over, and the profession is waking up. But before they get there, they get into the only thing that really matters: just get adjusted. Not because you're in pain. Not because something's wrong. Because 92% of your nervous system has nothing to do with pain — and nobody's ever died from pain. The subluxation impeding mental impulse from brain to body? That's the problem. The specific chiropractic adjustment that corrects it? That's the answer. Simple. Always has been. A little boy stops in before baseball practice to get checked. A retired couple spent $200,000 on a wake boat just to get their grandkids there every weekend. A kid in prison gets his atlas adjusted and maybe — just maybe — something shifts. You don't always get to see the ripple. That's not your job. Your job is one thing. Find it. Fix it. Leave it alone. The profession is uniting. The principal people are showing up. And DE is where it all comes together. It's time to Wake Up Humans — get clear, get connected, and get in the room. How's your Atlas? Learn more at drstevejudson.com and check out Steve Judson's books and gear.

[Local Chat Episode 239]Will is putting his AYN Thor through its paces with Virtua Tennis, Ian has gone space crazy in Kerbal Space Program, and Kyle is hiking across Australia in Death Stranding 2!Join our Community Discord: https://discord.gg/ewruSNkCheck out our Merch: https://rdbl.co/3c7D2GsSubpixel Twitter: https://twitter.com/SubpixelTeam

00:00] - Intro [00:36] - Adjusted Alkalinity on a Pool Store Printout [01:34] - Adjusted Alkalinity = Carbonate Alkalinity [03:10] - Cyanurate and Borate also contribute to Total Alkalinity [04:42] - Increasing CYA increases TA. About 1/3 of CYA is Cyanurate Alkalinity [06:14] - Is Adjusted Alkalinity the "Real" Alkalinity? [07:37] - One Breath Summary ______________________________Connect with us! Realize your full potential.Watershape University®Water chemistry questions?Orenda®Questions? Comments? Or apply to sponsor the show:ruleyourpool@gmail.com Facebook: @ruleyourpoolYouTube: @rule-your-pool

Victor Wembenyama scored 38 points and had 16 rebounds as the Spurs handled the Pistons

If you want to talk about LawFare then there is no person or outfit in the entire country that has more government agencies targeting him. He has earned the right to take care of his livestock and be left alone.

In this episode, Dr. Austin Rupp and I try to answer the following questions:Should patients with provoked VTE be offered long term anticoagulation if they have persistent risk factors, like obesity? Does coffee make atrial fibrillation worse (or better??)? Is age-adjusted d-dimer safe to use in DVT? Should we prescribe beta blockers after acute MI if the EF is normal?Does fish oil improve cardiovascular outcomes in patients on dialysis?What's the best approach for dialysis in patients with acute kidney injury?The articles:Extended Apixaban for Provoked VTE (HI-PRO)Coffee and Atrial Fibrillation (DECAF)Age-Adjusted D-dimer for DVT (ADJUST-DVT)Beta-blockers after MI with normal EFFish Oil in Dialysis Patients (PISCES)Conservative Dialysis in AKI (LIBERATE-D)Music from Uppbeat (free for Creators!): https://uppbeat.io/t/soundroll/dope License code: NP8HLP5WKGKXFW2R

Josh Rogin analyzes the reopening of trade between Washington and Delhi, suggesting India is returning to a non-aligned strategy despite improved relations and adjusted tariff rates.1862 INDIA

Big bather load on the calendar and worried about cloudy water, itchy eyes, or a long recovery the next day? We brought in legendary chemist and educator Bob Lowry to map out a clean, simple plan that keeps your water clear and your sanity intact. We start with the pre-party checklist: raise free chlorine a few ppm, add a measured dose of non-chlorine oxidizer, and keep the pump and filter running. Then comes the sleeper tactic that saves the most money and headache—pre-swim rinsing. Bob explains why sunscreen, deodorant, and lotions burn through sanitizer in the first minutes and how a quick rinse slashes chloramines, improves smell, and protects comfort. The conversation then zooms into chemistry that often gets overlooked: cyanuric acid's hidden impact on water balance. If trichlor is your workhorse, CYA climbs steadily, and your required free chlorine must climb with it—about 7.5 percent of CYA when you're not using borates. Bob breaks down adjusted alkalinity (carbonate alkalinity), why you subtract about one-third of CYA from total alkalinity, and how a pool can be corrosive even when TA looks “perfect.” If CYA is sky-high, partial drain and refill beats chasing pH and TA forever.Finally, we tackle a scary test result—pH near 5—and show the controlled fix: use soda ash to nudge pH, baking soda to build alkalinity, and aeration to finish the pH rise without clouding the pool or overshooting. • Raising free chlorine and using non-chlorine oxidizer before guests arrive• Keeping the pump and filter running during and after a party• Why pre-swim rinsing slashes chloramine formation and chemical costs• How trichlor drives cyanuric acid growth and chlorine demand• Using 7.5% of CYA as the free chlorine target without borates• Adjusted (carbonate) alkalinity and its impact on the saturation index• Corrosion risks when CYA is high and TA looks “normal”• Draining to reset CYA to a manageable range• Lifting very low pH with soda ash, then building TA with baking soda• Finishing pH rise with aeration tSend a textSupport the Pool Guy Podcast Show Sponsors! HASA https://bit.ly/HASAThe Bottom Feeder. Save $100 with Code: DVB100https://store.thebottomfeeder.com/Try Skimmer FREE for 30 days:https://getskimmer.com/poolguy Get UPA Liability Insurance $64 a month! https://forms.gle/F9YoTWNQ8WnvT4QBAPool Guy Coaching: https://bit.ly/40wFE6y

When the Patriots have made the Super Bowl in the past, reaction from fans was heated. However, this is a different era and coming to grips with the rebuild New England is going under is a new world for fans to get used to.

In this episode of Excess Returns, we sit down with Pete Hecht of AQR to break down portable alpha, capital efficient portfolio construction, and how investors can combine equity beta with truly diversifying sources of alpha. We cover how portable alpha works in practice, how it solves the funding problem for alternative strategies, and why implementation details like leverage, liquidity, and financing costs matter more than most investors realize. If you're interested in diversification, long short investing, managed futures, equity market neutral strategies, or improving total returns without giving up equity exposure, this discussion provides a practical and detailed framework.Main Topics CoveredWhat portable alpha actually is and how it differs from traditional stock bond alternative portfoliosHow portable alpha combines equity beta exposure with unconstrained long short alphaThe funding problem with alternatives and how portable alpha solves itTurnkey implementation versus separating alpha managers and beta overlaysThe role of equity market neutral, managed futures, and multi strategy approachesWhy private equity and private credit are poor candidates for portable alphaLong short leverage versus long only leverage and how to think about riskTarget volatility, risk models, and stress testing leveraged portfoliosFinancing costs in futures markets and how higher interest rates affect strategiesHow to evaluate portable alpha using excess returns, tracking error, and tail riskTax aware implementation and after tax returnsWhy mutual funds are not obsolete for active long short strategiesThe importance of asking whether a view is already priced into valuationsTimestamps00:00 Why you cannot eat a risk adjusted return02:12 Defining portable alpha and the problem it solves03:55 Portable alpha versus traditional balanced portfolios06:54 The funding problem with diversifying alternatives09:00 How portable alpha works in practice13:05 What types of alpha strategies work best16:35 Managed futures and crisis alpha19:49 Simplicity versus complexity in implementation21:46 Why private equity and private credit do not work in portable alpha24:15 Understanding leverage and risk management29:18 Target volatility and portfolio construction34:52 Stress testing and lessons from COVID and 202235:01 Risks and financing costs of portable alpha38:50 Interest rates and leveraged strategies39:07 Identifying hidden beta and volatility laundering46:08 Introducing AQR Fusion Funds50:25 Evaluating performance versus the benchmark53:17 Tax efficiency in long short mutual funds57:29 Is your view already priced in

What if alignment is the missing link to lasting health and longevity? In this episode of The Health Detective Podcast, Detective Ev sits down with Dr. Sherry McAllister, doctor of chiropractic, President of the Foundation for Chiropractic Progress, and host of the award-winning Adjusted Reality podcast, to discuss the powerful ideas behind her new Forbes book, Adjusted Reality. If you're ready to move beyond symptom management and into a more empowered, aligned approach to health, this episode offers insight, clarity, and a new way forward.   Want to watch this episode on YouTube? Click here. Subscribe if you'd like to catch all new episodes live and participate with our guests directly.   Want to learn more about becoming an FDN? Go to fdntraining.com/resources to get our best free workshops and mini-courses! Where to find Dr. Sherry McAllister: Website: f4ce.org Instagram: @drsherrymcallister Facebook: @DrSherryMcAllister Book: Adjusted Reality  

preview for later. Guest: Liz Peek, Columnist Summary: Peek explains that despite political noise, small business surveys show strong demand and optimism. She observes that U.S. markets have adjusted to President Trump's tariff threats, now treating them as routine rather than alarming, indicating a resilience that was unimaginable earlier in the year.1936 NORTH DAKOTA

According to multiple reports, Nick Reiner, who was diagnosed with schizophrenia years ago, had his medication adjusted before the deaths of his parents, Michele and Rob Reiner. A teen was allegedly starved by morbidly obese family members.#CourtTV - What do YOU think?Binge all episodes of #OpeningStatements here: https://www.courttv.com/trials/opening-statements-with-julie-grant/Watch the full video episode here: https://youtu.be/QRk7kzaLUwcWatch 24/7 Court TV LIVE Stream Today https://www.courttv.com/Join the Investigation Newsletter https://www.courttv.com/email/Court TV Podcast https://www.courttv.com/podcast/Join the Court TV Community to get access to perks:https://www.youtube.com/channel/UCo5E9pEhK_9kWG7-5HHcyRg/joinFOLLOW THE CASE:Facebook https://www.facebook.com/courttvTwitter/X https://twitter.com/CourtTVInstagram https://www.instagram.com/courttvnetwork/TikTok https://www.tiktok.com/@courttvliveYouTube https://www.youtube.com/c/COURTTVWATCH +140 FREE TRIALS IN THE COURT TV ARCHIVEhttps://www.courttv.com/trials/HOW TO FIND COURT TVhttps://www.courttv.com/where-to-watch/This episode of the Opening Statements Podcast is hosted by Julie Grant, produced by Eric Goldson, and edited by Autumn Sewell. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Some hauntings don't cling to houses — they cling to people. They slip into a life quietly, rearranging objects, bending routines, and whispering their presence into the smallest moments… until years later, you realize they never left. What began in a simple Iowa City apartment surrounded by headstones evolved into something far more personal: a force that followed him through duty stations, breakups, new homes, and even fatherhood. It learned him. Adjusted to him. Grew bolder with every move. And no matter how many miles he put between himself and the past, the past kept finding him — opening doors, rearranging belongings, speaking in empty houses, and watching his loved ones in the dark. This is not the story of a place. It is the story of an attachment. One that has waited decades. One that has grown patient. One that still isn't finished. #paranormalattachment #hauntedlife #entityfollows #unexplainedactivity #darkpresence #lifelonghaunting #shadowwatcher #paranormalstories #thegravetalks #hauntingsurvivor Love real ghost stories? Don't just listen—join us on YouTube and be part of the largest community of real paranormal encounters anywhere. Subscribe now and never miss a chilling new story:

Some hauntings don't cling to houses — they cling to people. They slip into a life quietly, rearranging objects, bending routines, and whispering their presence into the smallest moments… until years later, you realize they never left. What began in a simple Iowa City apartment surrounded by headstones evolved into something far more personal: a force that followed him through duty stations, breakups, new homes, and even fatherhood. It learned him. Adjusted to him. Grew bolder with every move. And no matter how many miles he put between himself and the past, the past kept finding him — opening doors, rearranging belongings, speaking in empty houses, and watching his loved ones in the dark. This is not the story of a place. It is the story of an attachment. One that has waited decades. One that has grown patient. One that still isn't finished. #paranormalattachment #hauntedlife #entityfollows #unexplainedactivity #darkpresence #lifelonghaunting #shadowwatcher #paranormalstories #thegravetalks #hauntingsurvivor Love real ghost stories? Don't just listen—join us on YouTube and be part of the largest community of real paranormal encounters anywhere. Subscribe now and never miss a chilling new story:

Watch The X22 Report On Video No videos found (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:17532056201798502,size:[0, 0],id:"ld-9437-3289"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="https://cdn2.decide.dev/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs");pt> Click On Picture To See Larger Picture Tyson meat packing plant shutting down, they are trying to raise prices of meat. Trump has countermeasures in place. Poverty in Argentina is declining. Trump is using the same tactics that Andrew Jackson used to pay of the debt and remove the [CB] from the US, Trump will be using stablecoins. The [DS] are panicking, the shills on X are being exposed and people are realizing that these individuals are not who they thought they are. Trump has now handed Zelensky and the [DS] players a peace plan, Putin is on board, [DS] move now. Trump is prepping the country for the storm, he knows the [DS] playbook, they are preparing for their insurrection. The storm is building. Economy (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:18510697282300316,size:[0, 0],id:"ld-8599-9832"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="https://cdn2.decide.dev/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs"); https://twitter.com/USRepMikeFlood/status/1992024807488335884?s=20 https://twitter.com/USRepMikeFlood/status/1992024811367985415?s=20 While Tyson plans to shift production to other facilities to maintain overall output and meet customer demand,  the company has also indicated it will reduce its domestic beef production by about 2% in 2026.  This slight net reduction in capacity, combined with ongoing supply constraints expected to persist for at least the next two years, is likely to contribute to sustained or increased beef prices for consumers rather than easing them. broader industry consolidation (four companies control 85% of U.S. beef processing) enables packers like Tyson to maintain higher margins and prices through strategic capacity cuts. @AgroVitaDotOrg https://twitter.com/BehizyTweets/status/1992347064672677988?s=20 https://twitter.com/JoeLang51440671/status/1992017361398870208?s=20   Trump administration says is necessary to ensure federal benefits are limited to those eligible under longstanding law.” “Treasury Secretary Scott Bessent said Thursday that the department will implement new rules defining who may claim income tax credits covered by the 1996 Personal Responsibility and Work Opportunity Reconciliation Act, or PRWORA. The law restricts access to federal public benefits for individuals who are not U.S. citizens or qualifying residents. “Under President Trump's leadership, we are enforcing the law and preventing illegal aliens from claiming tax benefits intended for American citizens,” Bessent told Breitbart.” “The regulation will specify that the refundable portions of the Earned Income Tax Credit, the Additional Child Tax Credit, the American Opportunity Tax Credit and the Saver's Match Credit constitute federal public benefits. As a result, the Treasury Department said, illegal immigrants and other foreign nationals will not be eligible to receive them. “Treasury's Office of Tax Policy and the Internal Revenue Service have worked tirelessly to advance this initiative and ensure its successful implementation,” Bessent said. “Their diligence and professionalism reflect this administration's determination to uphold the integrity of our tax system. We will continue to ensure that taxpayer resources are directed only to those who are entitled under the law.”  https://twitter.com/KobeissiLetter/status/1992308600203542534?s=20   drop in imports in 4 months. At the same time, exports rose slightly, to $280.8 billion, the highest since April. Since March 2025, the goods trade deficit has improved by +$76.8 billion, or +56%. Adjusted for inflation, the merchandise trade deficit narrowed to -$83.7 billion in August, the lowest since the end of 2023. Tariffs are reshaping the US trade.   through the use of their own Tariffs, we don't have a Court System that's going to let you destroy our Country any longer. This is the richest, strongest, and most respected the USA has ever been. November 5th, and Tariffs, are the reasons why. Thank you for your attention to this matter! President DJT How Andrew Jackson Freed America From Central Bank Control… And Why It Matters Now It's hard to believe the United States government was ever debt-free. But it happened once—in 1835—thanks to President Andrew Jackson. He was the first and only president   When he became president, Jackson was determined to rid the US of its national debt. After all, debt enslaves you to your creditors. Jackson knew that being debt-free was essential to independence. This outlook resonated with many Americans back then. With that in mind, Jackson attacked the institutions and powerful people who promoted and enabled the federal debt. This included the banking elites and the Second Bank of the United States, the country's central bank at the time and precursor to today's insidious Federal Reserve system. Jackson couldn't squeeze the American people with a federal income tax to repay the debt. It didn't exist at the time and would have been unconstitutional. He also couldn't simply print currency to pay off the debt. Perpetuating such an insane fraud—which the Fed does on a massive scale today—likely never entered his mind. Instead, Jackson had to rely on tax revenue from other sources, mainly import tariffs and excise taxes, to pay down the debt. He also drastically cut federal spending and frequently vetoed spending bills. Jackson's determination worked. By January 1835, the US was debt-free for the first time. Unfortunately, it didn't last much more than a year. After that, the US would never again be debt-free—not even close. Revenge of the Central Bankers After Jackson succeeded in ending the Second Bank of the United States, anything associated with a central bank became deeply unpopular with the American public. So, central bank advocates tried a new branding strategy.     Source: zerohedge.com Political/Rights https://twitter.com/DHSgov/status/1991603017242603943?s=20  spouse -Domestic battery by strangulation -Coerce with threat of force -Driving on suspended license -Multiple DUIs -Possession of a controlled substance. This domestic abuser and serial drunk driver refused to pull his vehicle over and begin to dangerously try to flee law enforcement. The criminal illegal alien turned on the street where the school was located while driving at an extremely high rate of speed—endangering children, other drivers, and the public. He collided with another vehicle and fled on foot. This public safety threat remains at large. These journalists should be ashamed of themselves for demonizing American law enforcement with disgusting smears. https://twitter.com/EricLDaugh/status/1992041567687708925?s=20   OVERRIDES a law that allowed these documents to remain sealed. HUGE BACKFIRE on the left. https://twitter.com/TheSCIF/status/1992089750812119197?s=20 DOGE Geopolitical War/Peace https://twitter.com/StateDeputySpox/status/1992400253547651236?s=20 The leaked 28-point peace plan, proposed by the Trump administration to end the Ukraine-Russia war, has sparked significant controversy due to its perceived favoritism toward Russia, including provisions for Ukraine to cede additional eastern territory, cap its military size, and potentially limit NATO aspirations in exchange for a ceasefire and security guarantees. axios.com The plan emerged from weeks of secret U.S.-Russia negotiations, including a Miami meeting involving Trump envoy Steve Witkoff, Jared Kushner, and sanctioned Russian official Kirill Dmitriev, which bypassed key U.S. bodies like the State Department and National Security Council.   It was presented to Ukraine with a Thursday deadline from Trump for acceptance, though he noted it wasn’t a “final offer,” amid ongoing talks in Geneva between Rubio, Witkoff, and Ukrainian officials. Regarding Marco Rubio’s involvement as Secretary of State, initial reports indicated he distanced himself from the plan during a phone call with a bipartisan group of U.S. senators (including Mike Rounds and Angus King), describing it as a “Russian wish list” rather than an official U.S. position, and clarifying it was merely a document passed along from Moscow.  However, Rubio and the State Department later publicly reversed this stance, insisting the plan was “authored” by the U.S. with input from both Russian and Ukrainian sides, denying claims of purely Russian origins and calling such assertions “blatantly false.”  This flip-flop has fueled criticism of incompetence and internal disarray in the administration, with European allies like Poland questioning the plan’s true authorship, and figures like Boris Johnson labeling it a “betrayal” and “military castration” of Ukraine.  Recent updates suggest the draft has been revised to better reflect Ukraine’s priorities, per NSDC Secretary Rustem Umerov, potentially in response to backlash https://twitter.com/marcorubio/status/1992413078160617849?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1992413078160617849%7Ctwgr%5E0f66861c566f50b41a9af07d57fe1e73a72fec8b%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fredstate.com%2Fwardclark%2F2025%2F11%2F23%2Fa-new-wrinkle-secstate-distances-us-from-unacceptable-ukraine-proposal-n2196487 https://twitter.com/WarClandestine/status/1991899588241076591?s=20 https://twitter.com/kadmitriev/status/1991935021259919768?s=20 https://twitter.com/InsiderGeo/status/1991818640467874060?s=20  why also they are pushing maximalist demands.From their perspective, it's simple: if Ukraine accepts, they achieve their goals immediately. If not, they continue the war, applying pressure slowly but steadily, and over time aim to extract even more concessions as Ukraine faces increasing military challenges https://twitter.com/WarClandestine/status/1992287640498868350?s=20    Term in Office. Putin would never have attacked! It was only when he saw Sleepy Joe in action that he said, “Now is my chance!” The rest is history, and so it continues. I INHERITED A WAR THAT SHOULD HAVE NEVER HAPPENED, A WAR THAT IS A LOSER FOR EVERYONE, ESPECIALLY THE MILLIONS OF PEOPLE THAT HAVE SO NEEDLESSLY DIED. UKRAINE “LEADERSHIP” HAS EXPRESSED ZERO GRATITUDE FOR OUR EFFORTS, AND EUROPE CONTINUES TO BUY OIL FROM RUSSIA. THE USA CONTINUES TO SELL MASSIVE $AMOUNTS OF WEAPONS TO NATO, FOR DISTRIBUTION TO UKRAINE (CROOKED JOE GAVE EVERYTHING, FREE, FREE, FREE, INCLUDING “BIG” MONEY!). GOD BLESS ALL THE LIVES THAT HAVE BEEN LOST IN THE HUMAN CATASTROPHE! President DJT Medical/False Flags https://twitter.com/amyforsandiego/status/1991913114317844499?s=20   to the care, custody and control of their children” Thank you Judge! [DS] Agenda https://twitter.com/aziz0nomics/status/1992371396811636964?s=20 https://twitter.com/Anarseldain/status/1992414997218308338?s=20 https://twitter.com/EndWokeness/status/1992441921961394569?s=20 https://twitter.com/Rightanglenews/status/1992378801624637503?s=20 https://twitter.com/SarahisCensored/status/1992243844109205553?s=20 https://twitter.com/AwakenedOutlaw/status/1992399017385599446?s=20 https://twitter.com/Shawn_Farash/status/1992400020239528201?s=20 https://twitter.com/RealFletch17/status/1992390320240390644?s=20 https://twitter.com/AFpost/status/1992284122564395413?s=20 https://twitter.com/DC_Draino/status/1992288723283640588?s=20 https://twitter.com/TheNotoriousLMC/status/1991919350065009130?s=20 98 Democrats voted for socialism (i.e., against the resolution denouncing the horrors of socialism), while 86 voted against socialism (i.e., for the resolution). Additionally, 2 Democrats voted present. https://twitter.com/libsoftiktok/status/1992427200302452736?s=20  https://twitter.com/amuse/status/1992275639555035194?s=20 obtained by European outlets show Soros' Open Society Foundations funneled millions to Islamist groups operating as Muslim Brotherhood intermediaries in the US, Europe & Palestinian territories. Recipients include CAIR, ISNA, ENAR, FEMYSO & PFLP connected groups like Al Haq. French authorities even dissolved one organization for extremist activities. Judicial Watch has warned for years that US taxpayer money has quietly propped up OSF operations. How long has this network been influencing Western policy? Obama schemes with rising trailblazer in stunning plot to retake the White House  Barack Obama has descended into Washington DC for a secret meeting with Democrats to plot his party’s return to power after Donald Trump leaves office. The longtime Democratic leader was also spotted conniving in the shadows with one of the most progressive freshman Democratic lawmakers at the private event. Delaware Rep. Sarah McBride, the first openly transgender congressional lawmaker, was seen talking privately with Obama. McBride described the ex-president’s speech as ‘classic Barack Obama — updated for a 2025 political environment.’ McBride told Politico that Obama’s plan to guide Democrats out of their leaderless wilderness is not by relying on a singular political figure. Source: dailymail.co.uk President Trump's Plan  https://twitter.com/EricLDaugh/status/1991975409236283738?s=20   POSOBIEC: “Yes it is.” MAMDANI: “The use of the term is a description of neighborhoods, not a description of intent.” POSOBIEC: “So…you intend to tax the whiter neighborhoods more.” Trump listened to every word! LET’S GO! @JackPosobiec https://twitter.com/TheStormRedux/status/1991974395963990403?s=20 Trump knows that the Demonrats are in the throws of an internal power struggle, no different than pulling establishment Republicans towards MAGA. He also knows that a ‘Democratic Socialist' cannot win a national race. While the media wanted to prop Sanders up in make-believe-land that he was so popular he could win, Dems also knew better. That's why they put him down. What this display by PDJT did was throw more fuel on the left's identity crisis fire to continue to fracture them by next November. If they're fractured, they won't show for the midterms or at the worst they will split their votes. He knows that at present the left rallies around voting against him, so he needs them to be broken, distracted & disillusioned about their parties future while we show up, vote, & beat them 20 ways from Sunday. https://twitter.com/mtgreenee/status/1992037226415554642?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1992037226415554642%7Ctwgr%5E0714dde991d22b8abdf61c2799f2c3d47587bcc6%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fredstate.com%2Fjoesquire%2F2025%2F11%2F21%2Fcongresswoman-marjorie-taylor-greene-announces-resignation-from-congress-n2196453 An Intriguing Detail Emerges that Likely Explains the Exact Date Marjorie Taylor Greene has Chosen to Officially Resign from Congress  A fascinating detail has come into focus that almost certainly explains the exact timing of Rep. Marjorie   https://twitter.com/DavidMarkDC/status/1992045897526456357?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1992045897526456357%7Ctwgr%5E83f270a88adb7ed9bdd1802c693cdb86d882337c%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fwww.thegatewaypundit.com%2F2025%2F11%2Fintriguing-detail-emerges-that-likely-explains-exact-date%2F Source: thegatewaypundit.com Current House Composition (as of November 2025) Republicans: 219 seats Democrats: 213 seats Vacancies: 3 (one Republican-held seat in Tennessee’s 7th district, and two Democratic-held seats in Texas’s 18th and New Jersey’s 11th districts) Total members: 435 (432 occupied) This gives Republicans a slim majority, allowing them to pass party-line bills with a bit of breathing room for absences or defections (needing roughly 217 votes in a full House for a simple majority). Impact of Greene’s Resignation Numerical Effect: Starting January 5, 2026, her safe Republican seat in Georgia’s 14th district will become vacant, dropping Republicans to 218 occupied seats against Democrats’ 213 (assuming no other changes, with vacancies rising to 4). This shrinks their effective margin to just 5 votes, leaving almost no room for internal dissent, illnesses, or travel delays—issues that have plagued the GOP in recent years with narrow majorities.  Passing legislation could become trickier on contentious bills, as even one or two holdouts might sink votes without Democratic support. Temporary Nature: Georgia law requires a special election for House vacancies, typically scheduled within 2-3 months by the governor. Given the district’s strong Republican lean (she won reelection in 2024 by over 30 points), it’s highly likely to be filled by another Republican, restoring the majority relatively quickly.  In summary, while the resignation tightens an already precarious majority and could complicate near-term votes in early 2026, it’s not a game-changer long-term. Republicans have navigated similar slim margins before, often relying on procedural tools or bipartisan deals when needed. https://twitter.com/ElectionWiz/status/1992360234913050627?s=20 https://twitter.com/mtgreenee/status/1992586669204070761?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1992586669204070761%7Ctwgr%5E63a82205206ed50771f6d6684add6a3453443c47%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fwww.thegatewaypundit.com%2F2025%2F11%2Fmarjorie-taylor-greene-responds-report-that-she-is%2F   ending barrage of phone calls, Marjorie went BAD. Nevertheless, I will always appreciate Marjorie, and thank her for her service to our Country! President DJT https://twitter.com/amuse/status/1992282772896182623?s=20  Judge Jeb Boasberg quietly brought in retired Florida magistrate David Baker to handle sealed documents in domestic & foreign criminal investigations tied to the sprawling J6 dragnet. The assignment began just one month after Boasberg took control of the DC bench. Records show Baker signed the shocking NDO that labeled Rep Jim Jordan a flight risk. How many other secret orders did Boasberg funnel through his outsourced judge to shield DC courts from scrutiny? https://twitter.com/julie_kelly2/status/1991923034194682090?s=20  chief judge. How many other NDOs aside from the one on Verizon for Jordan subpoena did Boasberg’s stooge judge sign? https://twitter.com/mrddmia/status/1991906042200944756?s=20   insurer. Thread BREAKING: DOJ's Ed Martin Responds to Reports DOJ's Todd Blanche Is Investigating Him and Bill Pulte     https://twitter.com/chad_mizelle/status/1992067580413039084?s=20 Source: joehoft.com https://twitter.com/drawandstrike/status/1992430450820739561?s=20   investigations 2. who’s being targeted by the investigations 3. what evidence has been found 4. when is the indictment coming and they literally CANNOT TELL YOU any of this. They can tell you they STARTED an investigation, but some people seem to think means the public is entitled to some kinda blow-by-blow every other week about where the investigation is, who’s a target, who’s not a target, who’s being indicted, when the indictment will be unsealed, etc. etc. And no, they can’t tell you. Learn how things actually work. https://twitter.com/RealSLokhova/status/1992414649430749443?s=20   Jury is investigating @EagleEdMartin . Ed Martin cannot respond because he cannot comment on an ongoing investigation. Some on the right fell for this MSDNC disinformation and are claiming Todd Blanche is investigating Ed Martin. This is untrue, and the story was fake on its face. Adam Schiff is a criminal who evaded accountability for over a decade, and this DoJ is about to have him indicted. This is the real story. https://twitter.com/EricLDaugh/status/1992036443040965116?s=20  KEEP it that way and overturn California’s!  The broad authority of the ALIEN ENEMIES ACT allows MILITARY TO BE USED AS LAW ENFORCEMENT domestically without Martial Law. https://twitter.com/WarClandestine/status/1992468878937801092?s=20  https://twitter.com/JimFergusonUK/status/1992145295770067356?s=20  about anything like that — because I'm a LEADER and they do as I say.” Then he dropped the hammer: “What they did was TRAITOROUS… They very seriously broke the law.” He says Pete Hegseth is examining it. He believes the military is examining it. And he thinks military courts may already be looking at the Democrats' behaviour. This is unprecedented. Members of Congress and a sitting U.S. Senator publicly told soldiers to disregard the Commander-in-Chief — the kind of act that, as Trump reminded, was historically punishable by death. He clarified he's not threatening them — but he made one thing unmistakably clear: “They're in serious trouble.” Democrats tried to spark insubordination. Trump just signalled the U.S. military justice system might be stepping in. (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:13499335648425062,size:[0, 0],id:"ld-7164-1323"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="//cdn2.customads.co/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs");