"Late Spring Buyer Rush": US Pending Home Sales Just Surged By The Most In Almost 2 Years

A Pause To Negotiate A Deal? Some Caveats... Authored by Peter Tchir via Academy Securities, Basically we wound up at the better end of our “base case” in yesterday’s Spaghetti Western, and you could argue we made it all the way into our best case of “ceasefire” (I’m reluctant to label it that, as you will see, but it is touching on that end). I do think we are far from a “real deal”. In any case, markets are responding according as both sides send people to Pakistan to negotiate a deal. Stocks are...

The Reason For The Tech Backlash Authored by Jeffrey A. Tucker via The Epoch Times, The backlash against data centers has shocked political and financial elites. It's because it seems to stretch across the left-right divide. Indeed, it seems like the one thing most Americans can agree on: these centers need to be curbed and controlled. Part of this backlash is also targeting the Flock cameras taking over urban areas with new forms of police surveillance. Looking at this without much on-the-ground knowledge, one might be quick to judge these movements as...

"July Was A Bad Month": Jane Street Lost $15 Billion In First Down Month In A Decade Back in February, just around the time gold and silver had peaked at prices that seemed impossible just a year earlier... ... we warned readers that with Jane Street emerging as the biggest holder of SLV with almost 21 million shares, it was time to get the hell out of the precious metal as this HFT shop, best known for spawning SBF, the 10am slam of bitcoin, and constant, unforgiving market momentum (ignition), would now...