Today, the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) reported that builder sentiment fell by 2 points in June from May to 32. Last June it was at 43, and a number below 50 is ranked negative.
Category: HOMEPAGE
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$1 TRILLION IN BUYBACKS IN ONE MONTH! ZOMBIFICATION PERSONIFIED
The Scale of the Buybacks Is STAGGERING! $1 trillion in buybacks in one month, this is unprecedented. It’s zombification personified.
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GOLD BULLION IS CENTRAL BANKS’ SECOND MOST PLENTIFUL RESERVE ASSET
Gold bullion has surpassed the euro to become central banks’ second most plentiful reserve asset in terms of value, according to a new report from the European Central Bank (ECB).
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THE AI FUTURE: THEY HAVE NO IDEA
Want the clearest evidence that unbound AI development is likely an existential danger to natural humanity?
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ISRAEL TRIES TO GET THE U.S. TO JOIN ITS WAR WITH IRAN. OR, HAS THE U.S. JOINED THE ISRAEL WAR?
It has been reported that since the start of its attack on Iran, Israel has been pushing the U.S. to join its war, but, while the Trump administration has provided defensive support, it is reported that the White House has not yet agreed to go on the offensive in Tehran.
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TRUMP CONSIDERS U.S. STRIKES ON IRAN, MEANING TEHRAN CAN RETALIATE
U.S. President Donald Trump may decide to carry out strikes across Iran before a meeting with his top administration officials in the Situation Room on Tuesday afternoon, meaning Tehran would have the legal right to retaliate against American interests.
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ECONOMIC UPDATE—MARKET OVERVIEW
So here is the economic deal. The world equity markets are basically on hold. Why? Because The Street is waiting to know the details of the trade deal now being negotiated in London between the United States and China.
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THE FINAL 7 STAGES… AND THE WORST IS YET TO COME.
Let’s start with this… The Systemic ROT is Worsening. OCEANS of easy money, QE, ZIRP, NIRP, vast credit/debt expansion has already poisoned the global economy for years. This is not an opinion, it’s a fact.
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FED’S BEIGE BOOK TAKES ON A DARKER SHADE
The U.S. Federal Reserve’s latest Beige Book, a collection of anecdotes and snapshots of business conditions around the country, shows flat hiring, rising costs, and a contraction in the U.S. economy. “Economic activity has declined slightly since the previous report,” which was released on 23 April, the central bank said in a statement. ......
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NOTHING YOU SAY TO AI IS PRIVATE
Assume that generative and agentic AI, whether standalone platforms, or integrated into productivity apps and web searches, provide zero privacy concerning your conversations and uses of it. Were they built primarily as next level surveillance agents? They certainly are such stupendous honeypots of user data and info, that it has become a core use case......
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