The World Is Running A Huge Oil Deficit, The SPR Hits A 4 Decade Low, And Diesel Shortages Are Looming

by Michael The world is barreling toward a historic energy crunch that will be unlike anything that we have ever seen before. When fighting with Iran erupted earlier this year, the global economy was absolutely swimming in oil. We literally had far more oil than we needed, but now commercial inventories have gotten extremely tight … Read more

Housing market signal: Spent $3,000 on Zillow leads. 30 days. Not a single call above $300,000. Demand isn’t cooling. It’s evaporated.

Housing market signal: Spent $3,000 on Zillow leads. 30 days. Not a single call above $300,000. Demand isn’t cooling. It’s evaporated. — Jon Brooks (@jonbrooks) August 17, 2026 UPDATE: As of this morning, 41% of all homes for sale in the United States are undergoing price cuts. There are many locations across the country this … Read more

Justin Trudeau dances with a toilet plunger

Justin Trudeau and Katy Perry . Over the weekend, the couple dropped by a Home Hardware on Saint-Laurent and what started as a standard “somebody clogged the toilet” mission turned viral when “Downtown,” the new single by Trudeau’s son Xav, came on the radio. https://torontolife.com/city/justin-trudeau-katy-perry-home-hardware-toilet-video/ Justin Trudeau dances with a toilet plunger while his girlfriend … Read more

The Iranians Threaten To Go On The “Offensive” Against The United States And Israel If Their Demands Are Not Met In 3 To 4 Weeks

by Michael Iran could end this war tomorrow if they truly wanted to do so. The Trump administration is more than willing to sit down and negotiate, and they have let the Iranians know that they are willing to make enormous concessions. But the lunatics that are running Iran are not interested. They truly believe … Read more

The crash is coming, it’s just a matter of time. Everything is overpriced.

The crash is coming, it’s just a matter of time. Everything is overpriced. https://t.co/jxvpab9qE8 — Eric Spracklen 🇺🇸 (@EricSpracklen) August 17, 2026 Squeeze time https://t.co/RmfO9pJb2g — Joseph Brown (@heresyfinancial) August 17, 2026 The AI job apocalypse keeps not showing up in the data. Travel agents were supposed to be first on the chopping block. AI … Read more

Germany divided over proposals to outlaw the far right

Can Berlin declare Alternative for Germany (AfD) unconstitutional? What would be the consequences of banning the far-right party, the Bundestag’s largest opposition force? Those questions have recurred in Germany in recent years as the radical party has grown electorally. Upcoming regional elections in the east of the country, where polls give AfD a chance to … Read more

The Fed is buying US Treasury bills at a faster pace than during Covid. Scott Bessent will do whatever he can to prevent bond yields from soaring. Foreign holdings of US Treasuries fall in June, led by Japan, UK, China…

Bill buying and verbal support are not stopping the 30-year from making new cycle highs. The Fed is buying US Treasury bills at a faster pace than during Covid. – Covid: ~$320B– Last 7 months: ~$290B In just 7 months, the Fed has already bought almost as many Treasury bills as it did during Covid. … Read more

S&P 500 REVENUE GROWTH HITS 5-YEAR HIGH

Goldman Sachs says S&P 500 revenues grew 6.4% YoY in Q2, excluding energy — the fastest pace in five years. Big Tech led the growth, while median S&P 500 revenue excluding tech rose just 3%. Corporate earnings jumped nearly 50% YoY, partly driven by tech firms marking up private investments. Meanwhile, companies received over $100B … Read more

A.P. News issues MASS layoff alert. (40% collapse in mortgages already)

The U.S. labor market is showing serious signs of weakness, and that could have major consequences for the housing market. AP News reports that employers cut 23,000 jobs in July, while previous employment figures were revised down by more than 100,000 jobs. The bigger warning may be what is happening with full-time employment. More than … Read more