“The Bank of England announced its first interest rate hike in over three years on Thursday, as it raised its key rate by 25 basis points to 4%. The widely anticipated move marked the bank’s first hike since Aug. 2023, and made it the last major central bank to embark on a tightening cycle since the U.S. and Israel went to war with Iran eight months ago. The majority of the bank’s Monetary Policy Committee voted for the quarter-point hike, with the motion passing by 8 votes to 1. The dissenting member voted to raise the bank’s key interest rate by 50 basis points to 4.25%.” (11/05/26)
“One thing is for certain: the prospects for 2028 are better than ever, and I don’t just mean the electoral math. I mean the literal security of the elections themselves. One fear that was expressed to me consistently throughout the year was that the administration would use its election interference efforts as a testing ground for what it would do in 2028. Well, those efforts were entirely pathetic and now they will have far, far fewer options in 2028 than they did this year.” (11/05/26)
Source: Brownstone Institute
by Clayton J Baker, MD
“Having yellow-stained fingers is associated with lung cancer, but we know that the association does not reflect causality. Yellow-stained fingers do not cause lung cancer. Rather, the association is explained by smoking — a confounder — a cause of both yellow fingers and lung cancer. Suppose a group of researchers reported that the association in question was not removed after adjustment for smoking status. Obviously, something is wrong, either in the data or in the way it was analyzed. Regardless of the reason, we will not trust any inference from that study, including the estimated effect of smoking. It is equivalent to rejecting a witness’s entire testimony after detecting a single relevant lie. That’s an analogy, of course, not a claim about intentional lying by the researchers.” (11/05/26)
“Obesity in its modern, mass form is surprisingly recent. In America, adult rates were fairly stable at around one in seven from the early 1960s to the late 1970s. Then something changed. From about 1980 the line turned sharply upward, and by 2000 roughly three in ten adults were obese. By 2022 an estimated 107 million American adults, 42.5% of the adult population, were obese, up from 34.7 million (19.3%) in 1990. Britain followed the same curve about a decade behind. … The timing is the most useful clue. Genes did not change in 1980. Willpower did not suddenly collapse across two nations. Something in the environment shifted, and the evidence points mostly at what we eat rather than how much we move.” (11/05/26)
“Alexander Hamilton is well-remembered as a protagonist in America’s founding drama. He is celebrated widely as a war hero, foreign policy genius, architect of the economy, and framer of the Constitution. Even over the yawning distance of years, young Americans are inspired by the romance of his life. Conservatives and progressives alike claim his mantle to justify their pet projects. ‘There is an elegant memorial in Washington to Jefferson, but none to Hamilton,’ columnist George F. Will once observed. ‘However, if you seek Hamilton’s monument, look around. You are living in it.’ Though his Federalist Party failed, America became a deeply Hamiltonian country.” (11/05/26)
“At least 12 European flights were targeted by bomb threats Thursday, following seven similar incidents earlier in the week in which authorities found no explosives. … The risk of someone successfully smuggling a bomb aboard an airplane is low, said Jan-Arwed Richter, CEO of JACDEC, an aviation-safety analysis firm.” (11/05/26)
