Trump Extends Ceasefire By 3-5 Days After Iran Attacks Third Ship In Hormuz Chokepoint

The Fed's Mortgage Policy Made Homeownership Cost More Authored by Antón Chamberlin via The Daily Economy, The median household in Miami earns about $62,000 annually; homeowners with a mortgage have monthly housing costs pushing $2,900. Annualized, this equals more than half the median household income. In Los Angeles, the numbers come in at $82,000 and $3,500 for 51 percent. New Yorkers are paying 49 percent, and New Orleanians are paying 47 percent of their annual income on housing. Elena Berd via Shutterstock. Different coasts, different housing markets, different incomes, regulations, and supply constraints....

Beyond The SPR: Stifel Spots Another Depleted Strategic Stockpile In Urgent Need Of Rebuilding Stifel's "own the bottlenecks" theme favors producers that can supply Western markets with conflict-free critical materials today. China's tightening export controls will collide with a looming multiyear rearmament cycle and reinforce the urgency of finding stable production outside China. The Trump administration's big push to rebuild the US defense industrial base is creating a multiyear investment opportunity in critical materials supply chains as sourcing shifts from China to allied countries. Stifel aerospace and defense analyst Jonathan Siegmann...

Iran Says Basij Force Commander Killed In Mystery Insurgent 'Terror Attack' American and Israeli officials have continued to speculate about fomenting some kind of internal rebellion or large-scale street uprising inside Iran, in hopes of toppling the leadership of the Islamic Republic. Bombs have largely fallen silent, for now. But the longer the Iran war drags on, amid sporadic tit-for-tat action between US and Iranian forces as they clash over who controls the Strait of Hormuz, the more unlikely the kind of groundswell of protests like what was seen last January...