Goldman Expects A 25% Market Crash If 10Y Yields Hit 4.5%
by Tyler Durden In what has become a veritable cottage industry of predictions for when the 10Y yield will cause a market crash (just last Friday both Tom Lee and Jeff Gundlach chimed in with their latest forecasts), overnight Goldman’s economists published a detailed take on i) what has caused rates to jump by 70bps in 5 months, […]
New home sales down 8% nationwide, slump 33% in one region
by Steve Randall There was a drop in sales of new homes nationwide in January with a seasonally-adjusted rate of 593,000 units sold, down 7.8% year-over-year. Data from the HUD and Commerce Department shows that inventory of new homes was 301,000 in the month, a 6.1-month supply at the current sales pace. “The moderation in […]
Mandatory Union Fees Divide Demonstrators as Supreme Court Hears Arguments
Government employees who don’t support the political activism of union leaders should not be forced to fund that activism, said demonstrators who turned out Monday at the Supreme Court building to support a free speech challenge of government-imposed union mandates. As the Supreme Court held oral arguments inside, The Daily Signal spoke with supporters and […]
Putin praises achievements of anti-Semitic writer
Russian President Vladimir Putin on Monday praised the “social, literary and journalistic activities” of the editor of an ultra-nationalist, anti-Semitic newspaper who has called for a new Cold War. Putin, who is all but guaranteed to win a fourth Kremlin term in a presidential election next month, sent Stalinist journalist and writer Alexander Prokhanov a […]
Last Time Iraq, This Time Iran, Time For Purim
There they go again, threatening to wipe out Israel, “…We will level Tel Aviv to the ground and will not give any opportunity to Netanyahu to flee,” Mohsen Rezaie, Iran’s expediency council secretary said recently. As did, al-Quds Force commander General Qassem Soleimani, speaking at a Tehran ceremony, marking the tenth anniversary of the assassination […]
The Military Is Relying Too Heavily on Special Ops Forces. Mattis Must End That.
At a recent special operations symposium in Tampa, Florida—home of the U.S. Special Operations Command—a senior Marine commander said he was concerned that America was too often going to the special operations “well” to address its military challenges. Unfortunately, he is correct. Lt. Gen. William Beydler, the commander of Marine forces for all of the […]
Finally released, Democrat rebuttal memo tries pretty hard to change the subject
By Dan Calabrese It’s 10 pages long so it would be impossible to excerpt it in any meaningful way. Knock yourself out if you want to read the whole thing. I did. Here are the primary takeaways for me: 1. Schiff makes a big issue of the fact that the FBI had already been investigating Carter […]
The Democrats’ Deeply Dishonest Memo
By Matthew Vadum — Front Page Mag The Democrats’ deeply dishonest rebuttal to the congressional report on the Obama administration’s abuses of surveillance authority came out on the weekend as the House intel chief seemed to threaten to abolish the secret court that granted the abusive requests. There is “clear evidence” that Democrats are trying to cover up […]
29 Takeaways From America’s Biggest Conservative Conference
The Daily Signal followed the main speakers and debates at this year’s Conservative Political Action Conference, which wrapped Saturday. We’ve pulled together a quick guide to our coverage of CPAC, the largest annual national gathering of conservative activists, held again just outside Washington at the Gaylord National Resort and Convention Center in National Harbor, Maryland. […]
The Gross Cultural Appropriation Sideshow of the Trudeau Family in India
It’s interesting that every Halloween we have to hear from rabid race purists about how our toddlers will offend the sensibilities of minorities if they wear culturally insensitive costumes. These same people adore Canadian Prime Minister Justin Trudeau and fawn over his every move. #TrudeauInIndia is trending on Twitter, showing the Trudeaus in crazy […]
Christopher Steele, MI6, and the Trump Dossier
By Lee Cary Did Brit spooks, working from this building in London, help Christopher Steele assemble his dossier on Donald Trump? It’s the headquarters for Britain’s Secret Intelligence Service (SIS), also known as MI6. Its mission is to collect foreign intelligence. Despite what was portrayed in the James Bond movie “Skyfall,” the building remains undamaged, and, […]