It’s the Monday Fat Pipe. Time to dive in…
It Was As Big As Advertised
Well, it’s another foot of snow where we live…at least…it’s still coming down. Quite the storm!
This is going to be as close to “snowicane” as we’ll ever see in real life. Hurricane force gusts along the coast will cause white out blizzard conditions and numerous power outages. Winds could gust to 80+ MPH in the Hamptons, Nantucket, and Cape Cod. Models depict a well… pic.twitter.com/20mHkcWX3w
— Dylan Federico (@DylanFedericoWX) February 22, 2026
Iran War Update
Will we go to war, won’t we?
It seems unlikely that the DOW is moving massive amounts of war materiel into place unless there was a clear plan in place to use it:
Multiple C-17 Globemaster IIIs confirmed airborne simultaneously headed toward the Middle East. Let me tell you what is inside them and why it matters.A single C-17 carries 77 tonnes. Its cargo bay is designed for M1 Abrams tanks, Apache helicopters, palletized munitions, and… https://t.co/obFhhUkegB pic.twitter.com/Lcd1elynq7
— Shanaka Anslem Perera ⚡ (@shanaka86) February 22, 2026
This is far more than a negotiating tactic:
This represents 40-50% of the deployable US air power in the world. Think air power on the order of the 1991 and 2003 Iraq war. And growing. Never has the US deployed this much force against a potential enemy and not launched strikes. pic.twitter.com/NLPIOEyeUs
— Robert A. Pape (@ProfessorPape) February 21, 2026
It’s 100% obvious that it is Israeli Zionists who are pushing hardest for the war that nobody else wants:
Is there a non-whack job making the argument for war with Iran? Serious question. pic.twitter.com/CfCN2CSkDk
— Ben Hunt (@EpsilonTheory) February 22, 2026
The most feared Navy…needs to return to the dockyard to fix its toilets:
⚡️🇺🇸BREAKING:Planned U.S. strike on Iran faces a major problem: TOILET FAILURES on USS Gerald R. Ford.NPR and WSJ report too few working toilets for 4,600 sailors, 45-minute lines, and vacuum system that can’t be fixed without returning to dockyards.pic.twitter.com/2eYGSeRCTW
— Suppressed News. (@SuppressedNws1) February 23, 2026
Iran is using a mysterious drone:
🚨Breaking | Iran has been using an unidentified and mysterious drone for reconnaissance missions in the Persian Gulf since yesterday, with a speed of 900 km/h and an altitude of 31,000 ft. No one knows which Iranian drone this is, and this has caused panic in the Hebrew media. pic.twitter.com/VZMxttJ1Jj
— Mohammad M. Sani (@Sani_ir) February 23, 2026
Some are saying it is the “Karrar” drone:
Here are the characteristics of the drone Karrar. This is the Iranian drone capable of intercepting tanker aircraft over the skies of Iraq and Syria. It can fly at 14,000m, has a range of 1,000km, and carries air-to-air missiles. At the end of last year, it was deployed to… https://t.co/ZsujqQlDzf
— Patricia Marins (@pati_marins64) February 22, 2026
Iran is a stronger and more capable enemy than the US has faced in many decades. It’s easy to predict that things won’t go quite so smoothly for the US if or when it attacks Iran.
Which is why we are being pre-conditioned for that reality:
““Markets””
Trump: “The greatest economy ever!”
TRUMP: "I'm popular and I've done well. We have the greatest economy, actually, ever in history."The people who belief this are in a real life cult. They do not live in reality. pic.twitter.com/0AGkh0itcx
— Adam (@AdameMedia) February 11, 2026
If you wish to believe Trump, then pay no mind to the fact that shipments have collapsed to their lowest point since 2009:
BREAKING: The Cass Freight Index fell -7.1% YoY in January, to 0.89 points, now down to its lowest level since April 2009.This index tracks freight volumes across North America and is viewed as a gauge of US economic momentum.This also marks the 36th consecutive monthly… pic.twitter.com/lMKfuMbHGS
— The Kobeissi Letter (@KobeissiLetter) February 21, 2026
And definitely ignore this:
BREAKING 🚨: U.S. Housing MarketPending Home Sales fell to lowest level ever recorded 📉🏡 pic.twitter.com/bnqR9vX30l
— Barchart (@Barchart) February 22, 2026
And this…forget you ever saw this:
"Chicago office market in freefall amid national downturn."Office towers that once sold for hundreds of millions of dollars are now changing hands at discounts of 70%, 80%, even 90% across major U.S. cities.Few places illustrate the shift more starkly than Chicago.…
— Nightingale Associates (@FCNightingale) February 23, 2026
This is also nothing…absolutely nothing:
First people stop paying their credit cards. Then their car loans. Then their houses. U.S. car loan applications are being rejected at the highest rate in more than a decade. Credit always cracks before housing. pic.twitter.com/ZirbsAMQYv
— Jon Brooks (@jonbrooks) February 22, 2026
History doesn’t repeat, it…oh, never mind, this time it’s repeating:
Riskiest CLO Funds Are Flashing a Warning SignFear of rising defaults is spreading from the leveraged loan market to some of the retail funds that ultimately buy the debt as investors get choosier about taking on credit risk. The biggest buyers of leveraged loans are money… pic.twitter.com/93Ww6PjjDg
— Tracy Shuchart (𝒞𝒽𝒾 ) (@chigrl) February 22, 2026
Private Equity’s Dry Spell Now Worse Than 2008 Crisis, Bain SaysPrivate equity returned fewer profits to investors for a fourth straight year as the industry sat on $3.8 trillion of unsold assets and struggled to raise money for new funds. (Bloomberg) pic.twitter.com/dPLyvSTonU
— Tracy Shuchart (𝒞𝒽𝒾 ) (@chigrl) February 23, 2026
Bitcoin dumped last night, for some reason:
🚨BREAKING: Bitcoin just dropped $2,500 in 60 MINUTES and liquidated $240 million worth of longs. Low liquidity weekend dump. pic.twitter.com/EdsovFBZwB
— Bull Theory (@BullTheoryio) February 23, 2026
And that “reason” was Wall Street got its hands on the crypto universe and papered and levered it up,
by westcoastjan 
