"Shocking Levels Of Distress": CMBS Delinquencies Unexpectedly Soar To Covid Highs

British Prime Minister Andy Burnham is considering a request from Saudi Arabia to assist in its war against Ansar Allah, also known as the Houthis, according to a report from Bloomberg. Sources told the outlet that the UK has received requests for a range of military and diplomatic support and that Riyadh seeks help pushing […]

Liberal Council In UK Moves To Ban "Intimidating" National Flags Authored by Steve Watson via Modernity.news, In the latest salvo against British identity, a Liberal Democrat-run council has formally branded the simple act of flying the England flag an “act of intimidation and division” – and backed it up with a legal notice threatening residents with prosecution. Oxfordshire County Council is pushing a county-wide crackdown by on the grassroots Raise the Colours campaign, which has been putting up Union Flags and St George’s Crosses in public spaces as a straightforward show of patriotism. The...

10Y Yield Spikes Above 5.00% After Blowout Beats For US PMIs With 'hard' economic data still somewhat muted, expectations were for a modest retracement in US PMIs from recently optimistic levels in preliminary September data. Instead, the 'soft' survey data soared: Flash US Services PMI Business Activity Index: 58.7 vs 55.8 exp (August: 56.5). 59-month high. Flash US Manufacturing PMI: 57.0 vs 53.7 exp (August: 53.9). 52-month high.  The headline flash S&P Global US PMI Composite Output Index rose from 56.0 in August to 58.4 in September, registering the fastest expansion since July 2021...