US Nuclear Renaissance Finally Starts...? TNC Plans New South Carolina Reactor

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...

Interior Department Approves Colorado River Water Reductions In 3 States Authored by Jacki Thrapp via The Epoch Times, The Department of the Interior will cut the amount of water it allocates through the Colorado River to Arizona, Nevada, and California in 2027 and 2028. The cuts were signed off by Secretary of the Interior Doug Burgum on Aug. 21 as part of the department's 2027-2028 Operating Guidelines for the Colorado River, which provides water to over 40 million people, generates hydropower for seven states, and is a vital resource for 30 tribes...

Calm Market Waters Hide Fierce Undercurrents Authored by Michael Lebowitz via RealInvestmentAdvice.com, The price movement in the broad S&P 500 index is relatively calm. Yet the market’s undercurrent, as measured by sharply diverging returns across stock sectors and factors, is anything but calm. The current market picture we paint is well embodied by a quote from Jules Verne in 20,000 Leagues Under the Sea. “The sea was perfectly calm; scarcely a ripple disturbed its surface. But beneath this tranquil exterior, powerful currents were flowing with irresistible force.” Given this divergence between the calm...