North Korea Rages At Upcoming US Drills: "Rehearsal For Aggressive War"

Congress Reaches Deal On Housing Bill With CBDC Ban Until 2030 Authored by Jesse Coghlan via Cointelegraph, reviewed by Felix Ng. The US House and Senate have reached a deal to move forward with a housing bill that includes a ban on the Federal Reserve creating a central bank digital currency (CBDC) until 2030. A bipartisan group of House and Senate leaders released an updated version of the 21st Century Road to Housing Act on Tuesday, which aims to address housing affordability and bans institutional investors from buying existing single-family homes to...

Comfortably Bomb By Michael Every of Rabobank Hormuz update: Comfortably Bomb Summary The US-Iran MoU appears to have collapsed sooner than we had thought. With both sides striking the other, US efforts will turn to ensuring energy can flow through Hormuz ‘the hard way’ via escorting ships through it. For now, markets are saying the US can ‘comfortably bomb’ and ‘there is no pain’ even if the ‘MoU are receding’, mostly due to finite SPR drains and low Chinese oil imports. That gives the US a window for action: if it can...

Deutsche Bank: August US Auto Sales Beat Forecasts, But Incentives Remain A Factor U.S. auto sales came in stronger than expected in August, offering another sign that consumer demand for new vehicles remains relatively resilient despite elevated borrowing costs and broader questions about the economy. According to Deutsche Bank’s auto team, led by Edison Yu, August sales ran at a seasonally adjusted annual rate of roughly 16.9 million vehicles. That was comfortably ahead of the bank’s 16.4 million estimate and also above the roughly 16.4 million pace recorded a year earlier. The...