A hub for independent voices and hard truths
They’re acting like delaying this rule fixes anything. Feels like someone’s protecting the dirty money. The new FinCEN rule (now delayed to March 2026) absolutely targets big private equity firms like BlackRock, Blackstone, Invitation Homes, etc. It requires full disclosure …
Before covid, the average first-time homebuyer age never exceeded 33 years old. In 2025, it rose to a whopping 40. byu/Conscious-Quarter423 inInfographics The same generation that had affordable housing in their 20s is the same generation buying houses today. Because …
As predicated, Gavin Newsom turned the Palisades Fire into a freaking land grab. Just like Gov. Josh Green did in Lahaina. Absolutely shameful. Conspiracy theorists were right… again. — Nick Sortor (@nicksortor) August 21, 2025
Authored by Mike Shedlock via mishtalk, The housing picture remains grim. NAHB Wells Fargo Housing Market Index (HMI), chart by Mish Housing cannot gain traction as mortgage rates are still too high and prices are out of sight. Please consider …
Japan and Brazil are cutting the US out. After two decades of stalled talks, they’re finally moving to trade beef directly. Trump’s 50% tariff on Brazilian beef triggered the shift. Brazil’s exports to the US are collapsing. Japan’s stepping in. …
1) In April 2025, home values in California sank -0.42% on a monthly basis, which was the 4th biggest decline in the U.S. It was the 4th straight month where values declined. pic.twitter.com/7AJOCLS3jM — Nick Gerli (@nickgerli1) June 10, 2025 …
BREAKING 🚨: United States Credit markets are currently pricing in a 6-level credit downgrade for the United States, which would give it a rating of BBB, just a smidge above investment grade 👀 pic.twitter.com/WlwiP5IN6p — Barchart (@Barchart) May 21, 2025 …
Trump:ALERT: All purchases of Iranian Oil, or Petrochemical products, must stop, NOW! Any Country or person who buys ANY AMOUNT of OIL or PETROCHEMICALS from Iran will be subject to, immediately, Secondary Sanctions. They will not be allowed to do …
Mark Zuckerberg is the latest billionaire to shell out tens of millions of dollars for a pricey outpost in Donald Trump’s gilded capital. For a month, neighbors in Washington’s upscale Woodland Normanstone neighborhood have speculated about the unidentified buyer who …
Sotheby’s auctioned the artwork by Maurizio Cattelan on Wednesday; Piece sold to Justin Sun, founder of cryptocurrency platform Tron, who plans to eat it https://www.wsj.com/arts-culture/sotheby-s-auction-banana-duct-tape-maurizio-cattelan-justin-sun-art-basel-miami-02231817 When a banana duct-taped to a wall sold for $120,000 in 2019, social media uproar …
An India-based hotel operator is to purchase America’s most popular motel chain in a $525 million all-cash deal. The deal will see budget motel chain Motel 6 being acquired by the parent company of Oyo, a hotel operator based in …
By Graham Summers, MBA | Chief Market Strategist This is BLATANT manipulation! Stocks suffered a mini crash in early August when the Bank of Japan blew up the carry trade. Peak to trough, the S&P 500 lost 10% in a …
D.C.’s signature program for first-time home buyers has run out of money this budget cycle after just three months, disrupting home searches for eligible residents for the second time since June. The District’s Home Purchase Assistance Program (HPAP), intended to …
(Bloomberg) — The sense of calm in the US stock market was disrupted Tuesday as the S&P 500 Index plunged more than 2% and the VIX exploded higher. That’s rewarded a late-Friday options buyer with some $12 million in paper …
As ominous signs of economic distress emerge, the US teeters on the brink of a financial precipice. Subprime auto loan delinquencies soar to 2008 levels, signaling an impending crisis fueled by a doubling of delinquency rates in just three years. …
Entrepreneur Thomas Remo shared a video of him picking up the $82,000 EV in Irvine, California, later finding it ‘broke not even six inches off the lot’ and failed another ’30 times’ after on the first day. Moments after Remo …
Hunter’s art sales worry Republicans due to the often nefarious nature of the art world: Money laundering is a major issue in the industry, according to a 2020 Senate report. Some Republicans believe the Biden business laundered money. The revelations …
Escalating mortgage rates have made buying a home prohibitively expensive, and renting is now the more compelling option. Home buyers are backing out of deals at the highest rate in a year, per BI. — unusual_whales (@unusual_whales) October 23, 2023 …
Canada’s housing market is causing alarm bells, and with more homes listed, many folks just aren’t buying. The Bank of Canada’s financial review highlights debt worries and younger homeowners taking a step back from the market. https://t.co/IqveoD5lGS Harsh new reality …
via NYPOST: Bill Ackman in a tweet on Friday said Bank of America is going to acquire Signature Bank on Monday, without citing the source of the information. “I am hearing that @BankofAmerica is going to buy Signature Bank on Monday. Unless and until we …