Article
Choose One: Housing Is Shelter, Or Housing Is Just Another Asset In A Bubble Economy
Choose One: Housing Is Shelter, Or Housing Is Just Another Asset In A Bubble Economy
Authored by Charles Hugh Smith via Of Two Minds,
This will get massive pushback because it's true: either Housing Is Shelter, or Housing Is Just Another Asset in a Bubble Economy - it can't be both. This reality gets pushback because the conversion of housing from shelter into just another asset bubbling higher in a bubble-dependent economy has been so profitable for those inflating the bubble.
The basic pushback goes like this: housing has always been an...
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Jun 3, 2026 / Tyler Durden
ADP Reports US Economy Added The Most Jobs In 16 Months In May
ADP Reports US Economy Added The Most Jobs In 16 Months In May
Following a shockingly strong JOLTS report, ADP just reported a stronger than expected rise in jobs added in May.
ADP says 122k jobs were added in May - better than the 120k expected - and the biggest monthly addition since January 2025
Source: Bloomberg
"Hiring was more broad-based in May than we've seen in the last few years," said Dr. Nela Richardson, Chief Economist, ADP.
"The labor market continues to show sustained momentum going into the summer hiring season."
Small businesses added...
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Aug 18, 2026 / Tyler Durden
Disengagement: Trump Vows New Strategy To 'Strangle' Iran Over Time
Disengagement: Trump Vows New Strategy To 'Strangle' Iran Over Time
Summary
No talks: Trump confirms US-Iran negotiations are off, vows to 'strangle them' over time.
Hormuz attack: Tanker hit, injuring a crew member.
Houthis escalate: Attacks shut Yemen’s Mokha port.
Diplomacy stalled: Qatar says not mediating until Oman-Hormuz deal finalized.
Iran hardens: Tehran says it maintains an offensive posture.
Strait of Hormuz traffic returns to normal by September 30?
Yes 9% · No 92%View full market & trade on Polymarket * * *
Disengagement: Trump Vows New Strategy of Strangling Iran
The US administration has already said this many...
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Aug 3, 2026 / Tyler Durden
Exelon "High Probability" Data Center Load Falls 40%
Exelon "High Probability" Data Center Load Falls 40%
By Ethan Howland, senior reporter at UtilityDive
Exelon’s “high probability” data center load fell nearly 40%, to about 11 GW, in the second quarter from 18 GW at the end of last year, the Chicago-based utility company said Thursday.
The decline comes as Exelon utilities have been entering into “transmission security agreements” with potential data center customers, it said. The TSAs include provisions designed to protect existing ratepayers from data center-related costs such as credit obligations, committed revenue contributions and shortfall payments.
“What this update reflects...
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