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JUST IN: White House official Patrick Witt says Bitcoin Strategic Reserve announcement is coming within "weeks."
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BREAKING:
White House aims for July 4th deadline to pass the crypto market structure bill.
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White House aims for July 4th deadline to pass the crypto market structure bill.
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Ah yes, the Golden Age of Noble Savagesβ’. Flawless, peaceful utopias tragically destroyed when the evil Europeans arrived with their ships, guns, and inconvenient habit of writing things down
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BREAKING: Iranβs Foreign Minister releases a statement following this morningβs Axios report on an imminent deal to end the Iran War
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Tom Homan says the US requires a βhistoric mass deportation operation.β
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Media is too big
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Trump-appointed Supreme Court Justice Neil Gorsuch says America is a βcreedal nation.β
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Commodity inflation is surging:
The Bloomberg Commodity Index is up to 141 points, the highest since February 2013.
This index tracks 25 exchange-traded futures contracts across energy, metals, and agriculture.
Energy accounts for the largest weighting, at 39%, followed by agriculture, at 27%, precious metals, at 16%, and industrial metals, at 13%.
This index is now up +28% year-to-date and it has officially surpassed the 2022 energy crisis peak of 140 points.
As a result, commodity prices are now on track for their first annual increase in 4 years.
Inflation is back.
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The Bloomberg Commodity Index is up to 141 points, the highest since February 2013.
This index tracks 25 exchange-traded futures contracts across energy, metals, and agriculture.
Energy accounts for the largest weighting, at 39%, followed by agriculture, at 27%, precious metals, at 16%, and industrial metals, at 13%.
This index is now up +28% year-to-date and it has officially surpassed the 2022 energy crisis peak of 140 points.
As a result, commodity prices are now on track for their first annual increase in 4 years.
Inflation is back.
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Feminists are upset over a 90 year old broke Taxi driver pretending heβs a billionaire so he can sleep with young women. What a legend
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BREAKING: The median sales price for a new single-family home fell -$21,600 MoM, or -5.3% in March, to $387,400, the lowest since July 2021.
This marks the biggest monthly decline since November 2024.
After adjusting for inflation, the median real home price fell -6.3% MoM, to the lowest since 2014.
Meanwhile, the average sale price dropped -3.4% MoM in March, to $503,100, the lowest since mid-2025.
As a result, the gap between the median and the average price is up to $115,700, the widest on record.
This suggests a handful of luxury home sales are inflating the average price upward while most Americans are purchasing at significantly lower price points.
The housing market is weakening beneath the surface.
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This marks the biggest monthly decline since November 2024.
After adjusting for inflation, the median real home price fell -6.3% MoM, to the lowest since 2014.
Meanwhile, the average sale price dropped -3.4% MoM in March, to $503,100, the lowest since mid-2025.
As a result, the gap between the median and the average price is up to $115,700, the widest on record.
This suggests a handful of luxury home sales are inflating the average price upward while most Americans are purchasing at significantly lower price points.
The housing market is weakening beneath the surface.
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The Palisades Fire, started by a militant leftist inspired by Luigi Mangione, is the single greatest man-made attack on US soil, causing more damage than 9/11, and a potentially top 5 costliest event, only behind super hurricanes
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Moldova, a country with a population of 2.4M, says it will import 300k foreign workers
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