Independent thinking for complex markets and current events
BREAKING: SpaceX has boosted its target IPO valuation to above $2 trillion, per Bloomberg. This would make SpaceX bigger than all but 5 companies in the S&P 500. pic.twitter.com/hUZRFY2N6Y — The Kobeissi Letter (@KobeissiLetter) April 2, 2026
At this point the Canadian media and Government institutions are rapidly replacing the descendants of those who built this Country and transforming Canada into a post-National economic zone. They are spending countless billions to accomplish this and to propagandize their… pic.twitter.com/lwm2oDTf3w — Rage Against the Regime (@JamesPTutt) February 14, 2026
If BlackRock is taking hits now, who is next in private credit? Friday evening news drop Troubled Loans Hammer BlackRock’s Private Credit Fund “A BlackRock Inc. private debt fund expects to mark down the net value of its assets 19% after a string of troubled loans weighed on results, marking the latest sign of pressure …
Alex Karp talked like he had limits. He said Palantir would never track people. He said the company would walk away from contracts that hurt minorities. None of that matters anymore. ICE is using his software to find people faster than anyone thought possible. For years, Alex Karp, Palantir’s CEO, had declared the data management …
The radical left’s takeover of America’s largest city is complete, and it comes with open attacks on President Donald Trump, capitalism, and even the very foundations of Western civilization. Zohran Mamdani, a self-described “democratic socialist” and the first Muslim mayor-elect of New York City, delivered a fiery, Marxist-tinged victory speech that sounded less like an …
Corporate America has turned into a machine that exists only to feed itself. It is built on greed, layoffs, and fake values, and it is starting to eat itself alive. The serious question is how did it get this bad. How did corporate America become so openly repulsive. The formula is simple. Fire as many …
Home prices fall in 60 percent of counties… 1) This indicates that the U.S. housing correction is no longer just a Texas and Florida downturn. In fact, over 30 states showed a monthly contraction in May 2025 according to the Zillow data. — Nick Gerli (@nickgerli1) June 25, 2025 3) In 2022, around 77% of …
The U.S. housing market is shifting, and investors are pulling out fast. A new report reveals that real estate investor purchases have plummeted 50% from their pandemic peak, with some metro areas seeing even sharper declines. In Atlanta, investor buying has dropped 65%, signaling a major retreat from the market. The numbers paint a clear …
Home values are sliding across the country, with Zillow reporting declines in 27 states. The latest data confirms what many homeowners feared—prices are no longer climbing at the breakneck pace seen in previous years. The housing market is shifting, and sellers are feeling the pressure. The biggest drops have been recorded in Florida, Colorado, California, …
1) On a month over month basis, home values dropped in 24 of 50 states in March. The drops in value were most concentrated in the Sun Belt and Mountain West, as well as California. pic.twitter.com/xOuFYpoPNq — Nick Gerli (@nickgerli1) April 17, 2025 4) In Tampa, values are already down -3.3% over the last year. …
In a poignant moment of reflection after losing his home of 14 years to the ravaging Los Angeles wildfires, award-winning actor, producer, and director Mel Gibson shared his experience on “Elizabeth Vargas Reports.” Gibson, who was in Austin when the fires broke out, returned to Los Angeles to find his home had been completely obliterated …
https://www.zillow.com/research/birth-rates-home-values-20165/ There is always a question of causality, but I think we can discern high housing costs does, in fact, lead to reduced fertility: “Children are expensive. The USDA estimates that the cost of raising a child is $233,000 as of 2017. But what may not be immediately obvious is that 1/3rd of this figure is …
RUSSIA BANS ‘PROPAGANDA’ OF CHILDLESS LIFESTYLES Russian MPs have unanimously approved a law banning the promotion of childless lifestyles, framing it as a rejection of Western liberal values. The legislation prohibits public content, including films and media, that encourages remaining childless. The bill now awaits approval from Russia’s upper house and a final signature by …
Picture this: a quarter of your home’s value – gone by December. It sounds impossible, right? But across the U.S., we’re seeing the housing market shift in ways few could have predicted. The question is…how deep will it go? 2024 started with sky-high home prices, but that could all change soon, according to new reports. …
by confoundedinterest17 Downtown? I know a place where the crime and congestion isn’t so bad, the suburbs. Commercial real estate market challenges are more severe for older office towers in downtown metro areas than those outside city centers. The mismatch between funding needs and available credit in a high-interest-rate environment has also intensified the strain on building owners, …
via WSJ: U.S. prosecutors are cracking down on commercial mortgage fraud, a growing push that is sending shudders through the $4.7 trillion industry by raising questions about the numbers underpinning major property loans. Regulators and federal prosecutors say that property loans based on doctored building financials and valuations have been rising. This type of fraud …
The real estate market is in for sharp correction with losses that could take a decade to recover from, strategist says A strategist says to brace for a steep correction in residential and commercial property prices. Chris Vermeulen says he sees a wave of real-estate distress on the horizon. Foreclosure activity could rise as the …
Values of apartments and commercial real estate are down as much as 30-40% from the peak in the middle of 2022. Indicating a widespread crash in the real estate market that could get worse as 2024 progresses.
Big corporate landlords like Blackstone are defaulting on mortgages of commercial property across America. Resulting in 90% declines in values in some cases, especially in cities like Las Vegas. Where Blackstone is nearing default on a 1.4 million SF office complex. One of several big properties than Blackstone has stopped making payments on and could …
NADA values are ‘book’ values, not market values. When lenders finance auto loans, they lend against ‘book’ values. When book values drop, it hurts dealers and consumers alike, and makes it much tougher to get vehicle financing. Everyone loses. — Car Dealership Guy (@GuyDealership) December 21, 2023
Christians NOT ALLOWED to be foster parents in Biden's America.. "Those who DO NOT 'affirm' the LGBTQ rules because of their Christian faith will be deemed 'unsafe' by the Biden Administration and ultimately rejected as foster parent candidates." READ THAT TWICE.. https://t.co/ZZvN6fIL5y — Chuck Callesto (@ChuckCallesto) December 12, 2023 Safe and Appropriate Foster Care Placement …
San Francisco’s $1.2 billion Hayes Point tower stops construction over rampant crime and homelessness The developer behind a major San Francisco building project has halted construction over poor market conditions as crime and homeless continue to deter retailers and customers from the downtown area. Hayes Point, a $1.2 billion tower in the heart of San …
Vaughan home prices and home sales tank in July. The spring real estate market in Vaughan comes to a grinding halt. Bank of Canada’s 2 rate hikes have slowed the whole GTA market down. Homes sales in Vaughan drop 46% and detached homes in Vaughan drop over $130,000 in just 60 days. h/t Simian_Stacker
Prominent corners of St. Paul are owned by an out-of-state pension fund. Some are bustling. Some are empty. When management consultant Sherry Johnson co-chaired a neighborhood task force looking at all the vacant properties on St. Paul’s popular Grand Avenue business corridor, she was taken aback to discover how many spaces were owned by the …
Gallup: Views of State of Moral Values in U.S. at New Low. “Americans’ already poor ratings of the state of moral values in the U.S. have fallen further to the lowest point in Gallup’s 22-year trend. The 54% of U.S. adults who rate moral values in the country as ‘poor’ marks a four-percentage-point increase since last …
by Chris Black FYI, Germany (just like Japan and South Korea) is under American occupation since 1944. They don’t have their own government (forget about elections lol), even the constitution was written by foreigners. It is part of German law that every government in Germany can only exist with the approval of the United States, …