Those Big, Beautiful Bonds

Private Equity To Be Blocked From Buying Homes? Authored by Matt Stoller via BIG, Based on a vote last week, it seems very likely Congress will ban corporate ownership of most existing single family homes. "People live in homes," said Trump in January. "Not corporations." While Trump has sometimes talked a big game on constraining Wall Street, he generally hasn't followed through. In this case, though, he did. And somehow, a very corporate-friendly legislature came through as well. It's almost impossible to believe, but here's the relevant provision in the 21st Century...

Stocks, Bonds Slide As Ceasefire Hopes Fade It's Day 27 of the war: stocks and bonds fell globally as ceasefire optimism fades given mixed messages on progress toward ending the war in Iran and growing uncertainty over Iran’s willingness to engage in talks about a ceasefire in the Middle East sent oil prices higher. Futures gapped lower just after 5am ET, when Axios reported that the Pentagon is developing military options for a “final blow” in Iran that could include ground troops.  Trump urged Iran “to get serious” before it was too late...

"It's All So Tiresome": UK's Social Media Ban Trudges Ever Onward Authored by Kit Knightly via Off-Guardian.org, The UK government’s “consultation” on social media harm is over, and – brace yourselves – it turns out they’re going to have to do something about it. I know, I was shocked too. The main talking point is that “social media is like cigarettes”. Everyone is saying that, it’s the meme of the day. It’s a sentiment originally taken from a new report submitted to the consultation by the Academy of Medical Royal Colleges. Titled “Growing up in an online world”, it...