Pending Home Sales Limp Off All-Time Record Lows In August
Pending Home Sales Limp Off All-Time Record Lows In August Despite tumbling mortgage rates and surging mortgage applications, pending home sales in the US rose just 0.6% MoM in August (less than the 1.0% MoM expected jump back from the 5.5% plunge in July). Source: Bloomberg Pending home sales were down 4.3% YoY (and have […]
MSNBC Host Defends Harris’ Idiot Non-Answer Over Inflation
MSNBC Host Defends Harris’ Idiot Non-Answer Over Inflation MSNBC host Stephanie Ruhle is defending Vice President Kamala Harris for transparent idiocy after a preview clip of their interview aired on Wednesday. In the pre-recorded interview, Ruhle pressed Harris over where she would “get the money” to fund her economic proposals if Republicans on Capitol Hill […]
Final Q2 GDP Beats Estimates On Inventory, Government Boosts; Second Half 2023 Revised Lower
Final Q2 GDP Beats Estimates On Inventory, Government Boosts; Second Half 2023 Revised Lower Nobody will care about today’s final revision of the Q2 GDP print for the simple reason that the quarter ended almost exactly three months ago, and from a fundamental standpoint, the only number that matters now is the third quarter, which […]
Netanyahu Orders Military To Fight Hezbollah At ‘Full Force’, Rules Out Ceasefire
Netanyahu Orders Military To Fight Hezbollah At ‘Full Force’, Rules Out Ceasefire Despite optimistic Wednesday headlines from US media touting a White House push for ceasefire between Israel and Hezbollah, there proved no substance to the reports, given just a day later Israel has rejected the proposals for a ceasefire in Lebanon. “There will be […]
In First Post-Rate-Cut Speech, Fed Chair Powell Doesn’t Comment On Monetary Policy
In First Post-Rate-Cut Speech, Fed Chair Powell Doesn’t Comment On Monetary Policy Fed Chair Powell has a chance to express his opinions for the first time after the unexpected 50 basis point rate cut by the US Federal Reserve. Chair Jerome H. Powell will give the Opening Remarks (via pre-recorded video) at the 2024 U.S. […]
“Arm Yourself” – Persecuted Former FBI Specialist Urges Americans To Stock Up On Food And Prepare For Hardship
“Arm Yourself” – Persecuted Former FBI Specialist Urges Americans To Stock Up On Food And Prepare For Hardship Authored by Paul Joseph Watson via Modernity.news, A former FBI specialist who was persecuted for questioning January 6 said during a hearing with lawmakers on Capitol Hill that Americans should stock up on food and prepare for […]
Hurricane Helene Becomes ‘Nightmare’ Storm With ‘Unsurvivable’ Storm Surge Ahead Of Florida Landfall
Hurricane Helene Becomes ‘Nightmare’ Storm With ‘Unsurvivable’ Storm Surge Ahead Of Florida Landfall The National Hurricane Center has upgraded fast-moving Hurricane Helene to a Category 2 storm, with forecasts expecting further intensification to Category 3 or higher before it makes landfall on Florida’s northwestern coast this evening. .@NOAA‘s #GOESEast satellite is continuing to closely monitor #HurricaneHelene this morning as it […]
Moderator For VP Debate Tied To Donations For Radical, Pedo-Friendly ‘Lincoln Project’
Moderator For VP Debate Tied To Donations For Radical, Pedo-Friendly ‘Lincoln Project’ Authored by Ben Sellers via HeadlineUSA, The husband of one of the two moderators in next week’s CBS News debate featuring vice presidential candidates J.D. Vance and Tim Walz appears to have made two donations of $250 apiece to the controversial Lincoln Project […]
Initial Jobless Claims Drop Back Near Multi-Decade Lows
Initial Jobless Claims Drop Back Near Multi-Decade Lows Just a week after The Fed slashed rates by a crisis-like 50bps, initial jobless claims tumbled back towards multi-decade lows (217k)… Source: Bloomberg Texas and New York saw the biggest drops in initial claims… Continuing claims ticked up modestly to 1.834mm Americans… Source: Bloomberg If claims have […]
Oil Prices Slide After FT Report On Saudi Production, Russia Denies OPEC+ Shift
Oil Prices Slide After FT Report On Saudi Production, Russia Denies OPEC+ Shift Is there something about $70 WTI that ‘the powers that be’ are afraid of? Source: Bloomberg A month ago, Reuters reported, citing the usual anonymous sources, that OPEC+ was set to proceed with a production hike in October. That immediately sent oil […]