Article
US New Home Sales Collapse By Most In 13 Years In January
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...
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Jun 15, 2026 / Tyler Durden
An Open Letter To Elizabeth Warren About Trillionaires And Inequality
An Open Letter To Elizabeth Warren About Trillionaires And Inequality
Submitted by QTR's Fringe Finance
Dear Senator Warren,
When I watched your recent video on X about Elon Musk becoming the world’s first trillionaire, I found myself in the unusual position of agreeing with you—at least in part. That is not a sentence I write often.
You see…you are correct that something has gone profoundly wrong in an economy that can produce a trillionaire. You are correct that the gap between the financial elite and ordinary Americans has become so vast that most people can...
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Mar 22, 2026 / Tyler Durden
Another Manic Monday Coming
Another Manic Monday Coming
Submtted By Peter Tchir of Academy Securities
I expect that we will see a lot of “green dots” on the Bloomberg Terminal Sunday night, as there was almost no asset (other than energy) up on Friday. I do know that my Monday will start bright and early, at 5am on CNBC. Away from that everything is a bit up in the air.
There are headlines that can push us in either direction. Some developments that seem good, some that seem bad, some that seem weird, and some that...
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Jun 13, 2026 / Tyler Durden
"Swift And Lethal": U.S. Southern Command Eliminates Tren De Aragua Kingpin In Venezuela
"Swift And Lethal": U.S. Southern Command Eliminates Tren De Aragua Kingpin In Venezuela
Secretary of War Pete Hegseth revealed late Friday that U.S. forces, working in coordination with Venezuelan security services, conducted a kinetic strike on a Tren de Aragua compound inside Venezuela, killing the foreign terrorist organization's leader, Niño Guerrero.
The decapitation strike is part of the Trump administration's Western Hemisphere defense posturing of purging the Americas of transnational narco-terror networks and should put renewed focus on how TdA-linked gangsters are embedded inside the US, thanks to the Biden-Harris regime's...
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