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Houthis Threaten Strikes On Egypt, Turkey, Pakistan Interests As Yemen Intervention Looms
Houthis Threaten Strikes On Egypt, Turkey, Pakistan Interests As Yemen Intervention Looms
Houthi officials have put Egypt, Turkey, and Pakistan on notice amid the ongoing Saudi-Yemen conflict, and as Riyadh urges partners to assist militarily against the Ansar Allah movement. Iran's state Nour News, which is affiliated with the country's Supreme National Security Council, has issued a report saying the three Saudi allies "will likely be targeted in the next stages"
- per a Houthi official.
The Houthi official warned that "The targeting of Iran by the enemies will not be limited to the...
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Futures Flat, Bonds Drop Ahead Of Warsh Jackson Hole Speech
Futures Flat, Bonds Drop Ahead Of Warsh Jackson Hole Speech
US stock futures are flat and rates rise ahead of today's main event: Fed chief Kevin Warsh’s Jackson Hole speech at 10am ET (full preview here) as traders seek clarity on his economic outlook and his strategy for lowering inflation back to the Fed's 2% target. As of 8:00am ET, S&P futures are little changed and Nasdaq 100 futures are lower following the Nvidia-driven rally for the index in the prior session, when however only 30% of the S&P and 1...
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Aug 19, 2026 / Tyler Durden
Buying Bullsh*t In "4 Easy Payments"
Buying Bullsh*t In "4 Easy Payments"
Submitted by QTR's Fringe Finance
I have been gently touching on what a horrible idea one sector has been since the inception of this blog. And just this week, it looks like cracks are starting to form in the space via one of its largest and most well-known publicly traded companies.
As savings finally dry up, rates remain higher and auto loan/credit card delinquencies start rising, I wouldn’t be surprised to see a deluge of ugliness from these types of names in their next few quarterly reports.
(Chart:...
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