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Existing US Home Sales Plunged In March, Despite Falling Mortgage Rates
Existing US Home Sales Plunged In March, Despite Falling Mortgage Rates
Affordability-aiding lower mortgage rates battled a sentiment-sapping surge in geopolitical panic in March, with analysts expecting the latter to outweigh the former with a modest 0.7% MoM decline (after January's plunged - weather? - and February's modest rebound).
The analysts under-estimated the fear from war-mongering as existing home sales plunged 3.6% MoM (down bigly from an upwardly revised 2.7% MoM jump in Feb). That is the second biggest drop in existing home sales since Nov 2022...
Source: Bloomberg
That dragged Existing Home...
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Apr 17, 2026 / Tyler Durden
US Intelligence Believes China Weighing Sending Iran Advance Radar Systems
US Intelligence Believes China Weighing Sending Iran Advance Radar Systems
US intelligence is flagging early signs that Beijing may have been eyeing a move into the Iran conflict - quietly considering sending advanced radar systems, which it is said to have been mulling since near the opening of the US-Israel war which kicked off last month.
These anti-Beijing allegations are contained in fresh CBS News reporting, citing analysts at the Defense Intelligence Agency (DIA), who conclude China was actively weighing whether to equip Tehran with upgraded radar capabilities.
via GT
It should be recalled that...
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Apr 1, 2026 / Tyler Durden
Germany's Merz Expects 80% Of Syrians To Return Home Within 3 Years
Germany's Merz Expects 80% Of Syrians To Return Home Within 3 Years
Via Remix News,
Chancellor Friedrich Merz (CDU) met with controversial Syrian leader Ahmed al-Sharaa, a former jihadi terrorist, in Berlin on Monday afternoon.
Among the topics discussed, one of the most prominent was the fact that Merz wants 80 percent of the Syrians currently living in Germany to return home.
“In the longer perspective of the next three years, it is the wish of President al-Sharaa that around 80 percent of the Syrians in Germany should go back into their...
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Apr 28, 2026 / Tyler Durden
US Home Prices Dipped In February For First Time Since June 2025
US Home Prices Dipped In February For First Time Since June 2025
For the first time since June 2025, US home prices (in the largest 20 cities) fell in February (by 0.05% MoM) according to the latest (admittedly lagging and smoothed) Case-Shiller data.
The decline comes after prices surged into the turn of year and has now dragged the YoY gain in prices down to just +0.9% - the weakest since July 2023.
The trend is clear across almost every city...
Given the lag in Case-Shiller data, one could argue that prices should...
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