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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 20, 2026 / Tyler Durden
Oh My F**king God, They're Doing It Again
Oh My F**king God, They're Doing It Again Submitted by QTR's Fringe Finance Assholes who wear Vineyard Vines all summer on Wall Street have once again put those Wharton PhD’s to good use by again “discovering” that assets so toxic and illiquid they make drinking cement taste like Fiji water apparently become safe when you rearrange them, rename them, and place an insurance company between the losses and the people buying them. Sound familiar? According to Bloomberg, UBS and other firms have been exploring structures that package stakes in private-credit funds into bonds....
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Feb 22, 2026 / Tyler Durden
Shotgun-Wielding Man Killed By Law Enforcement After Breaching Mar-a-Lago's Security Perimeter
Shotgun-Wielding Man Killed By Law Enforcement After Breaching Mar-a-Lago's Security Perimeter U.S. Secret Service spokesman Anthony Guglielmi reported on X that a young male was shot and killed after breaching the security perimeter at Mar-a-Lago in Palm Beach, the private resort owned by President Donald Trump. Guglielmi said the incident unfolded around 1:30 a.m. ET, when the man, in his early 20s, was shot by Secret Service agents following an unauthorized entry into the secure perimeter at Mar-a-Lago. "The individual was observed by the north gate of the Mar-a-Lago property carrying...
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Aug 31, 2026 / Tyler Durden
The Long Shadow Of Judge Indira Talwani
The Long Shadow Of Judge Indira Talwani Authored by Jonathan Turley via Jonathan Turley, Below is my column in The Hill on the latest controversy from the chambers of Judge Indira Talwani. While the court could be upheld in halting the executive order on mail-in balloting in this case, Talwani is one of a number of jurists who have been habitual blockers of executive reforms and policies. Talwani has been criticized in the past as something of a one-stop option for forum-shoppers. Her record reaffirms the rationale for justices in using...
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