Supertanker Rates Hit Six-Year High: Here's What Driving It

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

German Parliament Moves To Criminalize Denying Israel's "Right To Exist" Various European initiatives and policies which criminalize "holocaust denial" have for years dominated headlines and driven immense controversy over freedom of speech and public debate. But Germany is now taking it a big step further, with the Bundesrat, Germany's upper house of parliament, having just approved a bill that would criminalize publicly denying Israel's "right to exist" or calling for its abolition. via Reuters If passed into law, a conviction would bring up to five years in prison, according to the proposed legal change. The...

Musical Chairs By Molly Schwartz, cross-asset macro strategist at Rabobank Yesterday, Trump spoke with Xi in Beijing. While markets kept a watchful eye on any headlines about the war in Iran, palates were left dry as only tepid announcements dripped out, such as that China “offered help” on Iran and “pledged not to send weapons.” What they did not manage to evade was a conversation about Taiwan. During the two and a half hour conversation with Trump, Xi underscored that US intervention in Taiwan could trigger a “highly dangerous situation.” While...