- Autumn, the year's last, loveliest smile.
- William Cullen Bryant
Next Season
We are not going to argue with Bryant about the seasons. We see His magistry in all four. We are using his quote as a timeline, metaphorically.
We are not talking about winter per se, but the economic future and sadly, it resembles winter. The big money is all-in on AI. The only benefits the US citizen will see is higher utility bills, internet outages, general blackouts, loss of jobs and social mobility. The wealth gap will widen.
Our politicians are finally revealing their true nature, power. What they do is to seek ways to make the other political party look bad with no true direction to help our citizens. As citizens, we are disenfranchised. We need a new political party to really put America first. We, at Evolution have suggested the Liberty Party. JFL's unpublished book will lay out the cause and platform. Meanwhile, we suffer the fools.
China's Vision and Ours
Last year, China made $120 billion in new clean energy. The US made $80 billion in oil. Chinese technology dominates alternative energy that generate profits and a growing middle-class. In fact, they have more middle-class (around 700 million) than we have in population. Do you recall a recent piece where we reported that China sold more EVs in the last quarter than the US had in all vehicles for the entire year? When you put the two together, who has the better future picture?
Home Ownership
This is central to the American Dream. Well, every year we make less homes than are needed. The demand is great, but affordability is poor. The good news is home ownership has remained steady at around 65%. The bad news is forecloures are rising, again. In this environment, home builders show a worried picture. Lennar (LEN) was $175 last December. It had momentum with the hope of interest rate cuts. It is down 50 points as of last Friday. We do get a slightly different picture with DR Horton (DHI). It was also $175 last December. It fell to $115 this year only to rally and then retraced. However, it revealed a Cup and Handle pattern which is very bullish. The price last Friday was $150. Its price action could reveal where housing and our economy is headed. Also, on the plus side, new home construction rose 4%. If rates continue to fall, this will be a boost to the economy. People with higher rates can refinance. This could stop the foreclosures. More people can enter into home ownership. Because housing effects so many aspects within the economy, a boom will occur. With that said,, we read a disturbing report on our economy.
Disaster Economy
A report shows that over one third of our economic growth is tied to severe storms, fires and nature problems. The figure is 36% of GDP or around $7 trillion. The growth comes from restoration in recovery from or preparing for disasters. We now have records connected to storms and fires. The US had more than $101 billion in losses just in the first half of 2025 and yes, this is a new record. Our economy has escaped a recession from two factors, disasters and AI. You don't need artificial intelligence to tell you that our nation has deep, economic problems. We need to drastically reduce our importing and return to being self-sufficient. A beautiful by-product of being self-sufficient is less debt and a higher standard of living. The only real growth that our two political parties give us is in our national debt to which just surpassed $38 trillion. If we do not change, the next info will be a our daily news. The economic body bags, the razor cuts to our lives and standard of living.
Long John's Silver: closing 150 locations. Nestle: cutting 16,000 jobs from its global workforce. Coors: cutting 9% of its help. Walgreens: closing 79 stores. Starbucks: cutting 9,000 jobs and closing stores. Meta: cutting 600 AI jobs. These are high quality and with the money going into AI, quite confusing? Target: is dropping 1,000 corporate employees. Amazon: The king of internet retail is laying off 14,000. Why, you ask? Robots taking over! UPS: laying off thousands. Why, you ask? See above with Amazon. Robots taking over!
We see the above when we visit our malls, that is if you still have one? Even with the above info, King Dollar remains fairly strong and that is with a 95% of an interest rate cut, later today. We feel that maybe some manipulation is afoot?
Good News
A dutch firm, Mammoet is shooting to displace Taisun with the strongest crane that you can buy. You have to hand it over to the small nation that achieves so much. Sadly, the US that faces two oceans and the gulf waters lacks even a contender in this most important aspect to ports.
Down, but not out. The great US engineering school, MIT has developed a new way to clean air dust off of solar panels. President Trump may not like alternative energy, but solar isn't going away. MIT's process will extend the life and efficiency of panels and it requires less water. Bravo, MIT!
The best for last. The Nobel Prize for chemistry was won by an American professor, Omar Yaghi. His technology is going commercial. It can retrive water from the atmosphere. This could turn arid locations into farmland. This will lower food costs and lessen food insecurity. I thank God for blessing him and us. Peace.
