Stuck in Another Disastrous Middle East War

Israel, US Strike Gas Facilities In Iran's Isfahan, Possibly Triggering Retaliation Against Gulf Summary Israel, US strike gas pipeline, distribution station in Iran Trump announces "productive" talks with Iran, "postpones" military strikes for 5 days Iran Foreign Ministry + Parliament speaker say no talks have happened, after Trump said "speaking with a top person in Iran", says will "just keep bombing" if Iran talks fail Trump says Hormuz will be "jointly controlled"; Russia and Pakistan step-up as potential mediators, engage with Tehran; US officials have told CBS News that there are at least a dozen...

Israeli forces killed at least two Palestinians in Gaza on Wednesday, a day before President Trump will convene the so-called “Board of Peace,” which is meant to oversee the ceasefire that the IDF has constantly violated. According to an Al Jazeera correspondent, a child was killed by an Israeli drone in northern Gaza when it […]

US New Home Sales Collapse By Most In 13 Years In January Despite falling mortgage rates, analysts expected December's drop in new home sales to accelerate in January... and accelerate they did... crashing a stunning 17.6% MoM (-2.7% MoM exp) - the biggest MoM drop since July 2013. This huge MoM drop dragged sales down 11.3% YoY - the worst slide in three years... Source: Bloomberg This huge drop dragged the new home sales SAAR down to its lowest since 2022, catching down to existing and pending sales... Inventories are up (Houses for sale...