Article
"...The Entire Internet Has Doomer Fatigue"
"...The Entire Internet Has Doomer Fatigue"
Authored by James Howard Kunstler,
"I can tell the entire internet has doomer fatigue."
- Catturd on X
The mysterious financial repo markets - which practically no one outside of banking understands (and even some banking insiders don't) - started showing some signs of stress recently (forward rates spiking: 1Y1Y SOFR has risen nearly 50 bps in two weeks, signaling growing concern among dealers and investors about future funding costs); though not near the level they did in September 2019, just before You-Know-What sucker-punched the world with...
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Aug 19, 2026 / Tyler Durden
"This Is Huge!": Trump Hails Ibogaine Application Gift Aimed At Helping Veterans With Mental Illness
"This Is Huge!": Trump Hails Ibogaine Application Gift Aimed At Helping Veterans With Mental Illness
Authored by Kimberley Hayek via The Epoch Times,
President Donald Trump said that the University of Miami has given its original 1994 investigational new drug application for ibogaine to the federal government, a move he said would accelerate development of the psychedelic substance as a treatment for serious mental illness.
The gift aims to speed work on the substance as a possible treatment for serious mental illness suffered by veterans.
The 1994 application was the original filing that...
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May 21, 2026 / Tyler Durden
No Deal Reached, Amid 'Fabricated' Mideast Media Reports; Trump Presses Nuclear Issue & Iran President Says 'Won't Back Down'
No Deal Reached, Amid 'Fabricated' Mideast Media Reports; Trump Presses Nuclear Issue & Iran President Says 'Won't Back Down'
Summary
Al Arabiya issues dramatic retraction on prior 'deal reached' reporting.
Iranian president vows to not back down, as Trump still vows to get nuclear material.
AI Arabiya TV obtains what it describes as final draft of US-lran agreement,
Reuters reported that Ayatollah ordered that stockpile of uranium enriched to 60% remain strictly inside Iranian territory. Some Iranian officials then denied report to Al Jazeera.
WH says make a deal or else... "they can face a...
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May 11, 2026 / Tyler Durden
US Existing Home Sales Disappoint In April, Despite Lower Mortgage Rates
US Existing Home Sales Disappoint In April, Despite Lower Mortgage Rates
With the Spring selling season already in tatters, existing home sales were expected to rebound in April very modestly (+2.0% MoM) off recent record lows. However, the rebound was far less than expected, up just 0.2% MoM, which left sales of existing homes unchanged YoY...
Source: Bloomberg
Total existing home sales SAAR hover just above 4.00 million homes...
Source: Bloomberg
The NAR report showed the median selling price rose 0.9% from a year earlier to $417,700 last month - the highest for any...
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