Remembering the Costs of War

Despite Tumbling Rates, US Home Price Acceleration Slowed In January US home price acceleration slowed significantly in January (according to the always lagged and smoothed Case-Shiller indices). After rising 0.50% MoM in December, the price of homes in America's to 20 cities rose just 0.16% MoM in January (the lowest MoM rise since August and well below the 0.35% MoM expected)... Source: Bloomberg This left the 20-city composite index up just 1.18% YoY - the lowest since July 2023. "Price levels remain elevated, but the rate of appreciation has slowed materially," according to Nicholas...

Trapped: The Private Credit Exit Door Has Been Locked And Sealed Shut Submitted by QTR's Fringe Finance While headlines are fixated on the Iran war and today’s “feel good” market rally, it is worth noting that beneath the surface, hours ago credit markets just got worse. The latest example comes from Apollo, which has been forced to put the brakes on investor withdrawals from one of its largest retail focused funds, according to Bloomberg. Its $25 billion Apollo Debt Solutions vehicle is the latest private credit flaming bag of shit that has hit...

ICE Proposes Insurance Coverage For Local Officers Involved In Immigration Arrests Authored by Aldgra Fredly via The Epoch Times, U.S. Immigration and Customs Enforcement (ICE) has proposed an insurance plan to shield local police officers involved in immigration arrests from financial liability if they face allegations of misconduct during those arrests. Immigration and Customs Enforcement (ICE) agents walk outside the Ventura County Government Center in Ventura, California, on July 27, 2026. Blake Fagan/AFP via Getty Images A proposal document published Aug. 14 by the Department of Homeland Security (DHS) shows the agency intends...