The largest mortgage lender in the US, United Wholesale Mortgage, just fell to its lowest closing price in history and is on track for its 9th consecutive red month, its longest losing streak in history

u/RobertBartus — 4 days ago

The cost of hiring a supertanker to ship oil from the Persian Gulf to the Far East has climbed further, reaching ~$1.3 million per day (it was less than $50,000 day before war started)

u/RobertBartus — 11 days ago
▲ 1.1k r/atrioc+1 crossposts

Nike stock crashes another -6% to its lowest level since September 2013 after posting weaker than expected earnings. The stock is now down -82%

u/RobertBartus — 13 days ago

The delinquency rate on Commercial Mortgage-Backed Securities (CMBS) for offices rose +9 basis points in August, to 12.0%, its 2nd-highest reading on record

u/RobertBartus — 16 days ago

563,000 more sellers than buyers in the US housing market... Biggest gap Redfin has ever recorded

u/RobertBartus — 25 days ago

US 10Y Note Yield rises to 5.04%, its highest level since July 2007. This pushes the average interest rate on a 30Y mortgage up to 7.17%

u/RobertBartus — 30 days ago

Bessent won’t be happy at all after he wakes up today to discover Japan has been dumping US Treasuries in the open market to fetch USD to defend the JPY again

u/RobertBartus — 30 days ago

The cost of hiring an oil tanker on the benchmark trade route has soared to $1 million per day for the first time in history

u/RobertBartus — 30 days ago

Goldman Sachs: "We now expect a 25bp hike next week, but largely because the market has forced the Fed’s hand – not because the fundamental inflation story has deteriorated materially."

u/RobertBartus — 1 month ago

The US deficit is now up to $1.97 trillion in the first 11 months of FY2026. This is already higher than the full-year FY2025 deficit of $1.78 trillion

u/RobertBartus — 1 month ago
▲ 453 r/oilandgas+1 crossposts

Brent crude oil surges at open after Saudi Arabia shuts down major pipeline following attack

u/RobertBartus — 1 month ago

US household net worth surged +$12.5 trillion in Q2 2026, to a record $185.7 trillion. This also marks the largest quarterly increase on record

US household net worth has now risen for 11 consecutive quarters, by a total of +$43.4 trillion.

Since the 2020 pandemic, this figure has surged +$83.9 trillion.

As a percentage of GDP, household net worth rose +20 percentage points last quarter, to 571%, just below the all-time high of 574% set in Q3 2021.

Own assets or be left behind.

u/RobertBartus — 1 month ago