David Hursey

The top 10 "new-collar" jobs as identified by Resume Genius are: Marketing manager (median annual salary: $166,790) Human resources manager ($149,280) Sales manager ($148,270) Computer network architect ($134,050) Training and development manager ($133,000) Information security analyst ($129,180) Health service manager ($123,860) Construction manager ($114,990) Transportation, storage and distribution manager ($107,230) General and operations manager ($105,770)

Hard to argue against these #s hahahhaha

good reminder of the deadline!

From International Man-all good points and true-Bonds in control The 10-year Treasury yield is perhaps the most important financial benchmark in the global fiat system, as it drives valuations and market trends worldwide. It is widely—and erroneously—regarded as the risk-free rate of return. The 10-year Treasury yield can be thought of as a key barometer of the US dollar-based fiat system—a critical measure akin to its beating heart. Bond yields move inversely to bond prices. When bond prices fall, bond yields rise. A rising 10-year Treasury yield signals trouble for the US dollar because it means investors are selling Treasuries, which pushes up the US government’s borrowing costs. That is why the 10-year Treasury yield is a major pain point for the US government. The 10-year Treasury yield was 3.97% when the war started. Now it is around 4.60%, an increase of roughly 63 basis points. I expect the 10-year Treasury yield to keep climbing over the coming weeks and months—until it forces the Fed’s hand. At that point, the intervention will be sold as “stability,” but the mechanism will be familiar: suppress yields by debasing the currency. At today’s debt levels, every 1 basis point increase in the government’s average borrowing cost adds roughly $3.9 billion in annual interest expense. So a 63 bps rise is not trivial—it translates to nearly $250 billion in additional yearly interest costs, materially widening a 2025 budget deficit that was already around $1.8 trillion. Higher yields mean the US government must pay tens or even hundreds of billions more in interest on its debt. At the same time, the global economy faces even greater added costs because Treasury rates serve as the benchmark for borrowing worldwide. That is not an insignificant move. However, given all the headwinds I have discussed, I suspect the 10-year Treasury yield is headed much higher because investors will demand higher yields to compensate for rising inflation. Further, if Hormuz remains closed, drastically higher oil prices are all but certain. Higher energy prices mean higher prices across the economy and higher official inflation rates, which means investors will demand still higher yields to compensate. The problem is that interest on the federal debt is already over $1.2 trillion and is now the second-largest item in the budget. The US government cannot afford yields going much higher because the interest expense would push it toward bankruptcy. I am not sure how—or even if—the US government can manage this situation. Something has to give, and we will not have to wait long to find out what. The Iran war may prove to be more than another foreign policy disaster. It could be the trigger that exposes the fragility of the entire dollar-based financial system.

Investing maxim's from Yahoo's morning brief today. Good reminders. 1. Price is truth in markets. 2. What execs say is not gospel. 3. Respect GAAP earnings. 4. A bad trend doesn't end in one quarter, if ever. 5. The C-suite is a unit. 6. You will never know everything about a company. 7. Deeply understand what makes a company financially tick. 8. Question everything that is positive. 9. Free cash is way better than burning cash. 10. The long term may never come.

Seagrove Potters 18th Annual Celebration of Spring Pottery Tour-Spring Kiln Openings: April 17, 18 and 19, 2026, 10am – 5pm. Visit studios, meet potters, and expand your pottery collection. Online shopping will be available with some studios, as well. This special 18th annual event is a self-guided tour of individual pottery galleries, studios, and workshops in the Handmade Pottery Capital of the USA. Seagrove’s title of #1 Town in America for Craft Lovers makes this event even more extraordinary. The tour is held at participating shops in the Seagrove area. Go behind the scenes to experience the process first-hand and have the unique opportunity to meet the artists before buying handmade pottery to take home and enjoy. Some pottery shops will have demonstrations, hands-on activities, food, and music. Come stay awhile!

amazing idea by Olly Topping

This blip from The Cipher Brief is all to common, glad we have Eric Levesque and Strider Technologies working to stop this kind of industrial espionage! STEALING A JETLINER, ONE PART AT A TIME — Why build it yourself when you can just borrow the blueprints? Bloomberg details how China’s Ministry of State Security (MSS) allegedly spent nearly two decades orchestrating a methodical campaign to siphon aviation secrets from across the Western supply chain. According to US authorities and FBI investigations, the MSS targeted everything from spark plugs and sensors to auxiliary power units, flap systems, and most critically, jet engines. The goal: reduce Beijing’s dependence on U.S. and European aerospace dominance and accelerate the rise of China’s homegrown commercial aircraft industry. The effort reportedly centered on the MSS’s Sixth Bureau and involved insiders, cyber intrusions and recruitment of engineers tied to big firms. China’s Foreign Ministry calls the accusations “completely fabricated.” Why it matters: Commercial aviation is one of the last high-end industrial sectors still dominated by the West. If China can close that gap – legally or otherwise – it reshapes not just markets, but strategic leverage

yes it was!