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America Is More Than Half Import-Reliant on 30 Critical Minerals, and China Just Tightened the Screws Again
The US Geological Survey puts it plainly: America remains more than 50% import-reliant for over 30 critical minerals and metals, and entirely import-
Homebuilders Have Cut Prices for 16 Straight Months, and Sentiment Still Won't Recover
Builder sentiment ticked up a single point to 35 in August, a reading the National Association of Home Builders itself still classifies as weak,
Private Credit Averted Its Worst-Case Scenario, but Redemptions Are Still Climbing
The $1.8 trillion private credit market has been under real pressure this year, and the honest read on where things stand sits between
The Dollar Fell 2.5% in a Month, and Jackson Hole Is About to Decide What Happens Next
The Dollar Index sat at 98.99 as of late August, up slightly on the day but down 2.51% over the trailing month
Only 40% of This Year's Disaster Losses Were Insured, and Europe's Wildfires Just Proved It
Global insured losses from natural catastrophes reached an estimated $42 billion in the first half of the year, actually below the long-term trend.
Airlines Are Headed for a Record $41 Billion Profit Year, While Fewer People Actually Fly
Global airline passenger demand fell 1.7% year over year in June, the second straight monthly decline, dragged down by domestic softness in China,
GDP Grew 1.5%, Missed Every Forecast, and Still Beat the Prior Quarter
The advance estimate for second-quarter GDP came in at a 1.5% annualized growth rate, well below the 2.1% economists had forecast
Corporate Buybacks Crossed $1 Trillion Faster Than Ever, Led by a $60 Billion Nvidia Bet on Itself
Announced stock buybacks passed $1 trillion as of August 20, the shortest amount of time any year has taken to reach that milestone. Nvidia
Student Debt Just Shrank for the First Time in Years, and Not Everyone Will Like Why
America's total student loan balance fell by roughly $7 billion in the second quarter, landing at approximately $1.65 trillion. That'
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