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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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Mar 26, 2026 / Tyler Durden
Putin Issues Some Frank Thoughts On 'Unpredictable' Iran War
Putin Issues Some Frank Thoughts On 'Unpredictable' Iran War Russian President Vladimir Putin on Thursday delivered some rare, wide-ranging and frank commentary on the US-Israeli war against Iran. He compared the war and the Hormuz Strait closure, and subsequent impact on global energy, to the massive widescale impact of the Covid-19 pandemic. But he also stated that outcomes to the war are at this point too hard to predict. via ZUMA press The conflict, Putin explained, is now resulting in significant damage to international logistics, production and supply chains while putting intense pressure...
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Jun 16, 2026 / Tyler Durden
Hormuz Fears Ease As Trump, Ghalibaf Virtually Sign US-Iran Deal, But Energy Flows Remain Months From Normal
Hormuz Fears Ease As Trump, Ghalibaf Virtually Sign US-Iran Deal, But Energy Flows Remain Months From Normal President Trump, Vice President JD Vance, and Iran's Parliament Speaker Mohammad Bagher Ghalibaf have virtually signed a peace deal to end the U.S. naval blockade of the Strait of Hormuz, Iranian ports, the general Gulf region, and begin 60 days of nuclear negotiations, according to CNN, citing US senior sources.  The text of the so-called memorandum of understanding, a 14-point document that should lead to a two-month extension of the ceasefire and the start of negotiations over...
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May 30, 2026 / Tyler Durden
Why The SAVE Act Matters
Why The SAVE Act Matters Authored by Stu Cvrk via American Greatness, American self-governance rests on one indispensable foundation: that elections reflect the will of eligible citizens, counted accurately, administered transparently. Republicans and election integrity advocates argue that this foundation has been progressively undermined - not necessarily by a single grand conspiracy, but by a systemic pattern of loosened safeguards, dirty voter rolls, exploitable mail-ballot systems, and aggressive Democrat opposition to the audits and reforms that would resolve public doubt once and for all. The Safeguard American Voter Eligibility (SAVE) Act -...
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