THE LAST ENTRY: Iraq. Syria. Lebanon. Libya. Somalia. Sudan. Iran.

US Existing Home Sales Bounced In February As Mortgage Rates Tumbled Despite tumbling mortgage rates, existing home sales plunged (the most since COVID) in January, with some blaming 'below-normal temperatures' despite The West suffering the biggest declines (and unaffected by the winter storms). Consensus was for a modest 0.8% MoM decline in February (again despite an ongoing drop in mortgage rates) but sales actually surprised to the upside, rising 1.7% MoM. Perhaps even more notably, January's 8.4% MoM plunge was revised up to a slightly less crazy 5.9% MoM drop... Source: Bloomberg With...

Half Of Americans Live In States Where Weed Is Legal In August 2013, the Justice Department stated in a press release that it was not going to enforce federal law prohibiting the cannabis use in states that were launching recreational cannabis programs at the time, clearing the way for state-by-state marijuana legalization in the United States. Approximately 12 years down the line, half of Americans live in states where marijuana is legal and another 105 million have access to medical marijuana. As Statista's Katharina Buchholz details below, this means that 80 percent of U.S....

This Is The Deep State On Parade Like A Naked Emperor Authored by James Howard Kunstler, In the annals of Deep State WTF-ery, is there a stranger case than CIA officer David Rush turning up with $40-million in 303 one-kilogram gold bars, plus $2-million in cash, plus a stash of 30 mostly Rolex watches? Well, yeah, the stranger story is how the guy got hired by the CIA in the first place. Rush was arrested on Monday, May 18, by an FBI SWAT team at his home in Loudoun County, VA. Agents searched...