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Conference Board Consumer Survey Signals Ugly Job Market, Weakest 'Present Situation' In Over 5 Years
Conference Board Consumer Survey Signals Ugly Job Market, Weakest 'Present Situation' In Over 5 Years
Amid a plethora of revisions (lower), The Conference Board's measure of Americans' Consumer Confidence rose very modestly in June (from 90.6 to 91.2 - a big miss on the headline print's expectation of 94.4).
However, while Expectations rose to their highest level of the year, the Present Situation tumbled to its lowest since March 2021...
“Consumer confidence inched up in June as falling oil prices in recent weeks provided some relief to consumer inflation fears,” said Dana...
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Aug 18, 2026 / Tyler Durden
US Pending Home Sales Plunge Back Near Record Lows In July
US Pending Home Sales Plunge Back Near Record Lows In July
Following another disappointment in existing home sales in July, weak homebuilder sentiment, and plunging housing starts, pending home sales tumbled for the second month in a row in July (-2.3% MoM vs 0.0% exp - below thew worst forecast), dragging sales down 2.5% YoY - the biggest annual drop since April 2025...
This decline matches the second-worst reading in data back to 2001...
“The highest mortgage rates of the year hit right in the middle of summer, and that’s pulling back contract...
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Jul 7, 2026 / Tyler Durden
Double-Tap Bombing Rips Through Damascus Near French President Macron's Hotel
Double-Tap Bombing Rips Through Damascus Near French President Macron's Hotel
Major explosions ripped through an area in of the Syrian capital near the hotel where French President Emmanuel Macron had been staying, during an official visit of the French leader to Nusrah Front (Syrian AQ) founder and now self-appointed Syrian President Ahmed al-Sharaa.
Macron is said to be safe, after talks with Sharaa at the presidential palace, but at least 18 people were injured when explosive devices went off - an attack which was captured on video from various angles.
It appeared a...
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Mar 5, 2026 / Dave DeCamp
Pentagon Prepares for Possibility That Iran War Will Last Through September
The US military is preparing for the possibility that the US-Israeli war against Iran lasts until September of this year, according to a report from POLITICO, far beyond President Trump’s initial four-week timeline. The report said that US Central Command is asking the Pentagon to send more intelligence officers to its headquarters in Tampa, Florida, […]
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