...led by a collapse in rental property construction

"This failure — when combined with new evidence establishing the PRC incentivizing the export of illegal drugs..." 

Explosive moves in equity and bond volatility...while credit protection remains more "sanguine"

Banks are starting to finally pass massive CRE/office losses through the Income statement. How ugly is it about to get.

The FISA 702 bill has been described by critics as a “dramatic and terrifying” expansion of the US government’s surveillance powers...

...fixed income’s net revenues fell 4% from a year ago “on lower client activity in macro and credit, partially offset by higher revenues in commodities.”

Citizens perceive that raising interest rates with high inflation is harmful; however, they do not seem to understand that what was really destructive was having negative real and nominal interest rates...

Revenue and profit are common measures for measuring the size of a business, but what about employee headcount?

This is late-stage climatism and it will linger for a long time... years of fig leafs and excuses, years of relaxing restrictions in elaborate ways so we can pretend we’re still doing something...

...with USA among the 'safest' despite the constant tirade of bias and bigotry? Iran and Saudi Arabia are the most dangerous...

A curious case of a muted sell-off. So far…

"In sum, Russia is on track to command the largest military on the continent," a top US general told Congress.

Israeli media: War cabinet decides to hit Iran back hard...

Demand for electric vehicles has dipped as governments in Europe reduce subsidies and soften ambitious goals to phase out petrol and diesel cars.

Prompts call for review of government education funding...

Houthi anti-ship ballistic missile at one point directly targeted US Navy ships...

“If they restrict and oppress you on the ground, then attack them from the sky,” read the headline of the latest issue of an Islamic State magazine...