JPM's Dimon Warns Of "Skunk At Party," Talks Credit Cycles, Touts U.S. Military Power

Housing Market's Crucial "Spring Selling Season" Is In Tatters Authored by Wolf Richter via Wolf Street, Late last year and early this year, the story was that dropping mortgage rates, powered by big rate cuts from the Fed, would unleash demand in the housing market in the spring – the key spring selling season – and that sales volume would take off and that Realtors’ commissions would rocket to the moon. And so that didn’t happen. Inflation has been reheating for months before the war and before the energy price spike. The...

South Korea Curbs Syringe Hoarding As Iran War Cripples Supply The downstream consequences from the Hormuz closure are popping up in the most unexpected places.  According to Bloomberg, South Korea’s health regulators are stepping in to curb syringe hoarding as supply chain disruptions tied to the Middle East conflict threaten the availability of essential medical supplies. While overall syringe production remains steady at about 4.5 million units a day - slightly above 2025 averages - hospitals report dwindling inventories, and online platforms show rising prices and empty virtual shelves, according to the...

Repairs To Reflecting Pool Will Begin Immediately, Trump Says, Citing Vandalism Authored by Aldgra Fredly via The Epoch Times, President Donald Trump said on Sunday that work to repair the Lincoln Memorial Reflecting Pool in Washington will begin immediately after it was damaged by vandalism. The Lincoln Memorial Reflecting Pool is refilled after it was repaired and repainting as part of President Donald Trump's “Make the District of Columbia Safe and Beautiful” initiative ahead of America's 250th anniversary in Washington on June 4, 2026. Madalina Kilroy/The Epoch Times The reflecting pool had been...