Sunday: RAGE Against the War Machine in San Francisco

2025 New Home Sales Highest Since 2021 US New Home Sales dipped 1.7% MoM in December (after a 15.5% MoM surge in November)... ...but ended the year at 745k - the highest SAAR since 2021... "New" home sales have notably decoupled from "used" home sales in the last few years as homebuilders incentivize buyers (reducing margins) and lower prices (reducing revenues)... Lower mortgage rates support modest further improvements in sales... Will this be Trump's lead on housing affordability? Tyler Durden Fri, 02/20/2026 - 10:24

US Central Command reports that no ships have exited the Persian Gulf carrying oil since President Donald Trump ordered a blockade on Monday.  “Yesterday, an Iranian-flagged cargo vessel tried to evade the US blockade after leaving Bandar Abbas, exiting the Strait of Hormuz, and transiting along the Iranian coastline. The guided-missile destroyer USS Spruance (DDG […]

Iran Foreign Minister Claims U.S. Attacked Water Desalination Plant First we warned that data centers would become drone targets, and then IRGC strikes hit Amazon AWS and Microsoft-linked AI infrastructure across the Gulf. Next, we flagged water desalination plants as another target. Now, with reports that a desalination facility in Iran has been struck, it is increasingly clear that this conflict has no boundaries when it comes to civilian infrastructure. On Saturday morning, Iranian Foreign Minister Seyed Abbas Araghchi took to X and claimed that U.S. military forces had "committed a blatant...