"Dead Mall" Era Ends As Shoppers Return, Values Surge And Sector Leads CRE Revival

The Permanent Distortion Theory Submitted by QTR's Fringe Finance “This time it’s different” is supposed to be the dumbest phrase in investing. It’s the phrase people use right before they get obliterated. It was the rallying cry of dot-com lunatics buying companies with no revenue in 1999. It was the intellectual foundation of housing perma-bulls in 2006 who believed home prices could only go up because, apparently, Americans had collectively decided real estate was immune mathematical reality. It’s typically what people say when they’re trying to justify paying absurd prices for dogshit assets...

Why CME Is Really Suing The CFTC Over Perps Authored by David Christopher via Bankless.com, CME wants Kalshi's Bitcoin perp reclassified as a swap, not banned. That distinction reveals what's actually at stake in the CFTC lawsuit. Yesterday, CME, the country's dominant derivatives exchange, sued the CFTC over its recent approval of regulated crypto perpetual futures. The exchange argues Kalshi's  Bitcoin perp should be treated as a swap, not a futures contract, a classification shift that would push the product into a more restrictive, institution-facing rulebook. The CFTC called the suit "frivolous" and said it looks forward to dismissing...

DOJ Petitions Court To Toss Convictions Of Unpardoned Jan. 6 Defendants Authored by Janice Hisle via The Epoch Times, The Justice Department is petitioning an appeals court to throw out the convictions of unpardoned defendants who were charged in connection with the U.S. Capitol breach on Jan. 6, 2021. “The United States has determined ... that dismissal of this criminal case is in the interests of justice,” read a motion filed April 14 in the case of Elmer Stewart Rhodes III, Kelly Meggs, Kenneth Harrelson, and Jessica Watkins. All four defendants belonged to...