Phoenix Home Prices Up Over 32% YoY

Phoenix Home Prices Up Over 32% YoY

  Supporting the vicious cycle of soaring home prices pushing homebuyer confidence to record lows, July Case-Shiller Housing data (the latest available) showed yet another record pace of increase in home prices. The broad HPI rose 19.70% YoY (a record) and...
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Global Central Banks Have Bought $834mn of Financial Assets Every 60 Minutes

Global Central Banks Have Bought $834mn of Financial Assets Every 60 Minutes

While most sellside analysts and strategists are throwing in the towel as the market continues its relentless meltup (one which according to Goldman is becoming increasingly “painful” for the bank’s institutional clients most of whom have ...
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US West Coast Port Congestion At Record High

US West Coast Port Congestion At Record High

US West Coast Port Congestion At Record High Amid Transpacific Trade Route Disruptions Peak shipping season is underway, and container ships anchored off California are on the verge of record congestion. New data from Marine Exchange of Southern California &a...
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Il-112V prototype military transport aircraft crashes

Il-112V prototype military transport aircraft crashes

A prototype military turboprop transport aircraft Il-112V made by Russia’s Ilyushin has crashed during a test flight, killing three people who were on board. A video of the incident shows the plane’s right engine flaming out before the aircraft tilts...
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Biden Administration Targets 50% Of Entire Auto Fleet To Be Electric By 2030

Biden Administration Targets 50% Of Entire Auto Fleet To Be Electric By 2030

In continuing one of the largest government subsidized shifts to the auto industry ever forced upon manufacturers and customers, the Biden administration is now reportedly targeting 2030 to have 50% of the auto fleet on the road electric. On Thursday...
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Infrastructure Bill Mandates Drunk-Driver Detectors For New Cars

Infrastructure Bill Mandates Drunk-Driver Detectors For New Cars

The $1 trillion infrastructure bill – a bipartisan 2,702-page bill that has been locked in negotiations for months between Democrats and Republicans will mandate all new vehicles must have the technology to detect drunk drivers and alert systems to ch...
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Infrastructure Bill Could Sink American Crypto Industry

Infrastructure Bill Could Sink American Crypto Industry

For years, the threat of major regulation has been raised like a hammer, ready to smash the crypto industry. Now, the hammer is ready to drop in the unlikely form of a major infrastructure bill in the U.S. Senate. “This is not...
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Exxon Mobil Beating Q2 Earnings

Exxon Mobil Beating Q2 Earnings

Earlier this week analysts predicted Exxon will likely beat expectations largely thanks to surging plastic prices and that precisely what happened. As the company reported moments ago, while prices and margins for crude, nat gas and downstream were all in the...
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Facebook: Disappointing DAUs, Warning Revenue Growth Will “Decelerate Significantly”

Facebook: Disappointing DAUs, Warning Revenue Growth Will “Decelerate Significantly”

After yesterday’s tech bonanza which saw Google surge, Apple fall and Microsoft swing when the 3 gigacaps reported more than $57 billion in net income, we now get the 4th FAAMG – Facebook – before Amazon closes the books on...
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Ed Snowden Exposes The ‘Insecurity’ Industry

Ed Snowden Exposes The ‘Insecurity’ Industry

Greatest Danger To National Security – Ed Snowden Exposes The ‘Insecurity’ Industry Edward Snowden: The greatest danger to national security has become the companies that claim to protect it… 1. The first thing I do when I get a new...
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Tata Motors Q1 results: Consolidated net loss narrows to ₹4,451 cr

Tata Motors Q1 results: Consolidated net loss narrows to ₹4,451 cr

Auto major Tata Motors’ consolidated net loss for the quarter ended 30 June, 2021 narrowed to ₹4,450.92 crore as compared to net loss of ₹8,437.99 crore in the year-ago period. The automaker’s total revenue came at ₹66,406.05 crore during ...
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EU plans to suffocate the crypto community

EU plans to suffocate the crypto community

The EU plans to suffocate the crypto community via a bureaucratic trick. On Tuesday, the European Commission revealed a proposal that would prohibit the use of “anonymous crypto asset wallets” as part of its fight on financial crimes. The proposal....
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NSO Pegasus Spyware Targeted French President Macron

NSO Pegasus Spyware Targeted French President Macron

Khazar-Israeli NSO Pegasus Spyware Targeted French President Macron – Extremely Serious Breach Under Investigation The latest victim who was targeted using the phone hacking spyware Pegasus has been revealed to French President Emmanual Macron – pa...
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ETF Money Inflows Set To Smash Record In 2021

ETF Money Inflows Set To Smash Record In 2021

2021 is set to smash records, with $488.5 billion and counting moving into ETFs in just 7 months so far this year, far surpassing the previous full year record of $497 billion from 2020, according to Bloomberg. The move comes at...
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Heathrow Airport Passenger Numbers Remain Almost 90% Down From Pre-Pandemic Levels

Heathrow Airport Passenger Numbers Remain Almost 90% Down From Pre-Pandemic Levels

Heathrow airport passenger numbers remain almost 90 percent down on pre-pandemic levels and significantly lower than EU rival airports, new figures show. Airport bosses revealed just 957,000 passengers passed through its terminals in June compared with 7,246,1...
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