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Oil Spikes, Stocks Suddenly Dump During Warsh Hearing
Oil Spikes, Stocks Suddenly Dump During Warsh Hearing
It's unclear what exactly is driving but the markets are reverting back to old habits this morning with oil spiking...
...dragging Treasury yields higher...
Stocks are tanking...
And so is gold...
There were no obvious geopolitical headline catalysts for the move - though uncertainty remains high about the next 24-48 hours in the Middle East.
Some have suggested the following comment from Fed Chair nominee Kevin Warsh may have helped (or hindered): “There’s probably no more pressing question than the cost of living.”
Though that does seem like...
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Why Apartments In Tokyo Are So Much Cheaper Than In NYC
Why Apartments In Tokyo Are So Much Cheaper Than In NYC
Authored by Julia R. Cartwright via The Daily Economy,
Imagine it's January in New York and you're sharing a tiny apartment with two roommates. The walls are crumbling around you, and there's a hole in your bedroom wall big enough to see outside. Every time it rains or snows, water drips into your room. You call your landlord to fix it over and over again, but nothing happens.
Tokyo apartment building by night. CAPTAINHOOK via Shutterstock.This is reality for many New...
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Aug 24, 2026 / Tyler Durden
US Scraps September Korea Marine Drills In Wake Of Iran War Strain
US Scraps September Korea Marine Drills In Wake Of Iran War Strain
Fresh on the heels of President Trump controversially ordering scaled-down US-South Korea military drills last week, there are emerging reports of more canceled plans for joint exercises.
South Korean and American force were going to hold large-scale maritime drills focused on amphibious landing exercises in September, but Seoul has said the Pentagon had to back out related to constraints due to Iran war deployments.
Marine Corps file image
"The US Marine Corps formally notified our forces in June that its ability...
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