NYC Mayor Mamdani’s Housing Plan Sparks Property-Rights Alarm Over Forced Transfers To Nonprofits Mamdani Releases “Block by Block: The Housing Plan for A New Era” NYC socialist Mayor Zohran Mamdani released “Block by Block: The Housing Plan for a New Era,” which presents a sweeping, deeply troubling blueprint to tackle the metro area’s deepening housing crisis. Mamdani told the crowd: When necessary, we will take aggressive […]

Elon Musk Welcomes American Airlines To The Starlink Family American Airlines shares jumped on Tuesday after the carrier announced a sweeping modernization of its narrow-body in-flight experience, with plans to install Starlink satellite internet terminals across 500 of its narrow-body jets in Q1 2027. The modernization effort signals the end of slow, unreliable internet for a large portion of American’s domestic and short-haul […]

Can Spencer Pratt Win? Authored by Mike McDaniel Via AmericanThinker.com, The Los Angeles mayoral race provides illuminates Democrat party thinking. There is non-politician, normal American Spencer Pratt running against Communist, Castro-admiring, current Mayor and black woman, Karen Bass, and Indian – the country – woman, and LA Council member, Nithya Raman. Graphic: X Post The only debate thus far was a self-inflicted […]

Private Equity To Be Blocked From Buying Homes? Authored by Matt Stoller via BIG, Based on a vote last week, it seems very likely Congress will ban corporate ownership of most existing single family homes. “People live in homes,” said Trump in January. “Not corporations.” While Trump has sometimes talked a big game on constraining Wall Street, he generally hasn’t followed through. In this case, though, he did. And somehow, a very […]

Mediocre 2Y Auction Prices At Highest Yield Since Feb 2025 With Treasury yields sliding 4 days in a row, today’s 2Y auction was not seen as especially concerning (certainly not as much as a week ago, when the 10Y was knocking on 4.70%’s door, vs 4.50% where it trades today). Still, while the auction did have it strong sides, it was hardly stellar. Starting at the top, the $69BN sale of 2Y paper priced at a high yield of 4.071%, up […]

Strait Talk By Michael Every of Rabobank Strait Talk Despite many false dawns, markets remain upbeat on prospects for peace between the United States and Iran. Secretary of State Rubio indicated that the US side had thought it would have something to announce on Sunday night, or “maybe today” given that the Sunday deadline has now passed, and it is actually Tuesday. Striking a more cautionary tone, Iranian President Pezeshkian […]

Iran Vows ‘Swift, Decisive’ Revenge After Overnight US Port Attack, As Sides Seek Deal Allowing Each To ‘Sell Their Narrative’ Summary CENTCOM denies that US Navy has officially restarted guiding ships through Hormuz Strait amid fresh tanker explosion and fuel leak incident. IRGC says its military shot down an MQ-9 drone and forced an F-35 jet out of Iranian airspace. Tehran formally accuses Washington of “ceasefire violation” […]

“Warning Signs Flashing Red”: Ebola Outbreak Spreading Faster Than Response, Aid Group Says Authored by Zachary Stieber via The Epoch Times, The Ebola outbreak in Africa could become the deadliest in history because it is spreading faster than responders can deal with it, an aid group said on May 26. Officials failed to initially detect the outbreak due to a lack of testing sufficient to identify the Bundibugyo virus, a rarer […]

Why Oil Markets Could Face A Generational Shock This Summer If US-Iran Talks Fail President Trump is signaling “make a good deal” or walk away with no deal at all. Overnight hostilities around the Hormuz maritime chokepoint highlight just how fragile the ceasefire remains as Washington and Tehran try to solidify a peace deal to end the conflict. The timing of a peace deal is very important because, as we have warned readers, a […]

The Fed Should Be Concerned: Job Market Vibes Vs Data Authored by Peter Tchir via Academy Securities, The Job Market – Vibes vs Data It seems like we are on the cusp of an agreement with Iran. We will help analyze the market implications in a SITREP if and when the details are released. In the meantime, the one question that seems to puzzle everyone, is what is the state of the job market? Yes, there are all sorts of […]

NANO Nuclear Soars As It Turns Revenue-Generating With Strategic Acquisition NANO Nuclear announced the acquisition of Secured Transportation Services, instantly converting itself from a pre-revenue developer into a revenue-generating business with in-house secure transport capabilities for nuclear materials. With the $13 million acquisition of Secured Transportation Services – a nuclear logistics, transportation and services […]

Thomas Massie Files To Run In 2028 After Losing Primary Rep. Thomas Massie (R-KY) has filed paperwork to run again in 2028, just days after losing the Republican primary for the Kentucky House seat he has held for more than a decade. Rep. Thomas Massie (R-Ky.) speaks during a Senate Homeland Security and Governmental Affairs Committee Second Amendment hearing in Dirksen Senate Office Building in Washington on April 15, 2026. Luke […]

AI Startup Says It Will Pay People $2,000 A Month to Masturbate… Yes, Really Authored by Jason Nelson via Decrypt.co, Joi AI is hiring 10 “masturbation consultants” at $2,000 for a month to test an AI-guided masturbation feature and document its effects on stress, sleep, mood, and confidence. The feature uses mood-matched AI voice sessions, and consultants would submit written feedback and questionnaires directly to […]

Iran’s 90-Day Internet Blackout Ends As NetBlocks Confirms Partial Restoration Internet monitoring firm NetBlocks has confirmed our Monday report that, after 88 days of “near-total isolation” from the global internet, Iran has seen a “partial restoration to internet connectivity.” 📈 Confirmed: Live metrics show a partial restoration to internet connectivity in #Iran on day 88, after 2093 hours of near-total isolation from […]

Conference Board Consumer Expectations Hit YTD Highs, Inflation Fears Dip In May With war (and rising gas prices) now fully embedded in respondents’ minds (along with record high stock prices), it is perhaps not entirely surprising that The Conference Board’s Consumer Confidence dipped in May (but was better than expected). The headline index dipped 0.7 points to 93.1 in May, down from an upwardly revised 93.8 in April. The […]

Key Events This Holiday-Shortened Week: PCE, Durables, Consumer Confidence And Fed Speakers SSDD: with stocks set to hit new record highs, the hope this morning once again is that the days may be numbered for the war in Iran, with momentum building since the start of the weekend that a deal could be in the works. Brent, which ended last week at $103.54/bbl, is this morning trading at $97.87/bbl, around -5.48% lower than Friday’s […]

ASP Isotopes Soars On Restart Of Silicon-28 Facility, Locks In Q3 2026 Commercial Shipments ASP Isotopes cleared a major operational milestone at its Pretoria Silicon-28 enrichment facility, restarting the first 18 stages, and has now run them for over three weeks at target enrichment levels. Commercial shipments to U.S. customers are on track for Q3 2026. The stock was up over 25% in early trading, back at its highest levels since […]

Iranian Leader Calls For Muslim Unity, Says ‘Death To America’ Will Become Common Slogan Authored by Tom Ozimek via The Epoch Times, Iranian leader Mojtaba Khamenei issued a message on May 26 calling for greater unity across the Muslim world against the United States and Israel, saying that the chants “Death to America” and “Death to Israel” will become the rallying slogans of Muslims and “the oppressed of the world.” […]

Over Half Of America’s Largest Cities Are Seeing Home Price Declines After declining MoM for the first time since June 2025 in February, US home prices in America’s 20 largest cities were expected to dip again in March (according to the latest data from S&P Cotality Case-Shiller) and they did, dropping 0.16% MoM (worse than the 0.10% MoM drop expected) leaving prices up just 0.83% YoY… Source: Bloomberg That is the weakest […]

Leftist Activists Build Illegal “Autonomous Zone” Around NJ ICE Facility They keep doing it because the consequences are not harsh enough yet, and they enjoy the protection of Democrat politicians and NGO-backed funding.  Without support from the Democrat Party and global non-profits, the Anti-ICE movement would not exist.  In other words, they’re astroturf.  Of course, that doesn’t stop them from causing all kinds of trouble. […]

China Begins Flooding The Market With DRAM And NAND Memory Chips Last September, when the memory bubble was just getting started, we said that inevitably “the cure for high commodity prices is, well, high commodity prices.” While many financial market maxims have quietly ceased working in recent years thanks to rigged markets due to central bank interventions and market manipulation by both money printers and HFTs, this is one that […]

Futures Rise, US Stocks Set For New Record As Hopes For Iran Peace Deal Persist Despite Bombing US futures are higher again, led by tech and small caps. As of 7:30am, S&P 500 futures rose 0.7%, signaling US stocks are set for another record high when the market reopens after Memorial Day weekend. Nasdaq 100 contracts, supercharged by the artificial intelligence trade, gained more than 1% as Magnificent Seven big tech shares […]

BP Shares Plunge After Chairman Abruptly Removed Over Serious Governance Concerns Shares of BP PLC, formerly British Petroleum, dropped in London trading after the oil and gas major said its board had removed Chairman Albert Manifold with immediate effect over “serious concerns” tied to “important governance standards, oversight, and conduct.” The abrupt ouster adds yet another layer of instability to BP’s turnaround effort; more […]

Over 70 Hezbollah Sites Struck As Netanyahu Orders IDF To ‘Intensify Blows’ On Lebanon Israel has drastically ramped up its military campaign across Lebanon, hitting many dozens of ‘Hezbollah sites’ – and seriously escalating the long-running conflict, despite there officially being a US-mediated ceasefire in place. Prime Minister Benjamin Netanyahu has confirmed on Monday that instructed the military to “press the pedal even […]

CDC Adds Another Airport For Screening Of Travelers Who Might Have Ebola Authored by Zachary Stieber via The Epoch Times, Two more airports have been added as options for people traveling from countries affected by the Ebola outbreak in Africa. People traveling from Congo, Uganda, or South Sudan can go to the Hartsfield-Jackson Atlanta International Airport in Atlanta, Georgia, and George Bush Intercontinental Airport in […]