Independent thinking for complex markets and current events
Mid-flight medical emergency ends six golfers’ US Open hopes – no reschedules and the opportunity comes only once a year Unexpected flight diversion: A medical emergency forced a Mexico City–Miami flight carrying seven golfers to divert to Veracruz, delaying their arrival until after most tee times. Only one made it: Chris Nido was the sole …
Jet fuel crisis from Middle East chaos slashes thousands more flights to Spain and Portugal. Brits face ruined summer holidays as airlines axe routes and warn of mass cancellations. EU admits very likely disruptions with sky-high ticket prices while contingency plans get dusted off. Budget carriers already gutting schedules as the perfect storm hits peak …
Mortgage rates moved even higher again last week, as the war with Iran continues to stoke fears of inflation. As a result, total mortgage application volume fell again, down 10.4% from the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan …
Iran war live: Israel orders southern Beirut evacuation; Azerbaijan hit by drones Azerbaijan warned it would respond after it said Iranian drones flew across its border and injured four people on Thursday morning. “These attacks will not remain unanswered,” the Azerbaijani Defence Ministry said in a statement. Iran War Maps: Tracking the Mideast Conflict A …
Cancellations of memberships and subscriptions are surging. 👇🏼 Chart: Pantheon pic.twitter.com/7CSls9mBYs — Kalani o Māui (@MauiBoyMacro) February 18, 2026
Homebuyers’ demand just dropped again in late 2025 – showing that the U.S. Housing Market downturn is getting worse. NAR’s pending sales index just dropped -1.2% from last year, and is down -27% from the long-term norm. Homebuyers are on strike, and the market has gotten so bad that sellers are now quitting. Access housing …
See a live map from Flightaware of flight cancellation rates as more than 1,700 flights have been canceled across the U.S. on Monday as the FAA limits capacity at 40 major U.S. airports. https://abcnews.go.com/US/1500-flights-canceled-us-monday-travel-disruptions-continue/story?id=127370393 Air travelers should expect worsening cancellations and delays this week even if the government shutdown ends, as the Federal Aviation Administration …
The housing market is collapsing, and buyers are running for the exits. They don’t wait. They don’t negotiate. They cancel. They saw the foundation crumble and refused to stand on it. This isn’t a seasonal hiccup. It’s a total retreat, and the institutions that built the illusion are powerless to stop it. “58,000 home-purchase agreements …
New data from the National Association of Realtors show a significant decline in pending sale contracts on the U.S. Housing Market. This is the biggest drop since 2022, and a signal that the U.S. Housing Market correction is gaining steam.
– $10M for “Mozambique voluntary medical male circumcision” – $9.7M for UC Berkeley to develop “a cohort of Cambodian youth with enterprise driven skills” – $2.3M for “strengthening independent voices in Cambodia” – $32M to the Prague Civil Society Centre – $40M for “gender equality and women empowerment hub” – $14M for “improving public procurement” …
President Biden’s latest student loan cancellation plans will increase the total cost to taxpayers to a whopping $559 billion and benefit households earning more than $300,000 in annual income the most, according to a new study. House Budget Committee Chairman Jodey Arrington (R-Texas) slammed Biden’s student loan cancellation plan in the wake of Penn Wharton’s …
