S&P 500 Hits 7,600, Doubling Decade‑
The S&P 500 just crossed above 7,600 for the first time. A year ago it was at 5,900. 5 years ago it was at 4,200. 10 years ago it was at 2,100. $SPY Video: https://t.co/BE95GpQv5f
Dow Climbs Past 51,000, Doubling in a Decade
The Dow just crossed above 51,000 for the first time. 5 years ago it was at 35,000. 10 years ago it was at 17,000. $DIA https://t.co/JycyP38rZv
South Africa Hikes Rates to 7% After Three Years
Global Central Bank Update: -South Africa hiked rates for the first time in 3 years, 25 bps move up to 7.00%. https://t.co/X8lC1ZWNaA
US Home Prices Slow to 0.7% Growth Amid Seller Surplus
US home prices increased 0.7% over the last year, the lowest growth rate since June 2023. Why is price appreciation moderating? More sellers than buyers. Video: https://t.co/GD9q22BMbq
From 7% Drop to 10% Gain: Markets Defy Odds
On March 30, the S&P 500 was down 7% in 2026, one of the worst starts to a year in history. After one of the biggest 8-week rallies ever (+17%), it's now up over 10% YTD, more than 2x higher than...
Mortgage Rates Surge From Historic Lows to 2025 High
Average 30-Year Mortgage Rate in the US… 1970s: 8.9% 1980s: 12.7% 1990s: 8.1% 2000s: 6.3% 2010s: 4.1% 2020s: 5.3% --- All-Time Low (Jan 2021): 2.65% 2023 Peak (Oct 2023): 7.79% Today's Rate: 6.51% (highest since Aug 2025) Video: https://t.co/GD9q22Ck0Y
Tech Sector Hits Record Relative Strength, Surpassing 2000 Peak
The S&P 500 technology sector's relative strength versus the broad market is at its highest level in history, above the peak from March 2000. Video: https://t.co/MlNh6tnw11
Florida Home Prices Down 3%‑21% From Peaks
Florida Home Prices, % Below High (via Zillow)... Miami: -3% Orlando: -5% West Palm Beach: -5% Port Saint Lucie: -6% Tampa: -6% Jacksonville: -7% Fort Lauderdale: -7% Key West: -8% St Petersburg: -11% Naples: -12% Sarasota: -14% Fort Myers: -18% Cape Coral: -21%
Waymo's Self-Driving Taxis Hit 1.3M Monthly Rides
Self-driving taxi company Waymo is now doing over 1.3 million rides per month in California, a 16x increase over the past two years. https://t.co/vpjYgs1ISR
Japan's Record 30-Year Yield Warns US Debt Crisis
Japan’s 30-year bond yield has spiked to 3.78% - the highest level on record. A preview of what’s coming for the US if we don’t get our deficit/debt spiral under control. The chickens eventually come home to roost. https://t.co/i3abDZvmBo
S&P 500 Hits 17th All‑Time High This Year
The S&P 500 ended the day at another all-time high, its 17th of the year. $SPY Video: https://t.co/RgOn4qWsA6
Delinquency Rates Hit Record Highs Across Major Loans
13.1% of credit card balances in the US are now 90+ days delinquent, the highest since 2011. 10.3% of student loan balances are now 90+ days delinquent, the highest since 2020. 5.6% of auto loan balances are now 90+ days delinquent, the...
US Debt Interest Hits Record, May Outpace Social Security
The Interest Expense on US Public Debt hit $1.27 trillion over the last 12 months, another record high. If it continues to increase at the current pace it will soon be the largest line item in the Federal budget, surpassing...
62 Months of High Inflation Undermines Fed Credibility
62. As in 62 consecutive months with US inflation above the Fed's 2% target. The Fed lost all credibility when it comes to fighting inflation. https://t.co/JG9GxNCk36
Fed Must Stay Restrictive Until Extra 13% Inflation Vanishes
Monetary policy should be restrictive until the 13% additional inflation we've had since January 2020 above the 2% trendline is erased. There's no point in having a 2% inflation target if you're not going to adhere to it. The Fed...