Open: 16.67 Close: 17.02 Change: 0.35

Today's Summary

Case-Shiller National Index increased 1.4% year-over-year (YoY) in October. Average 60-something is worth $1.6 million. US is trying to starve Cuba into submission - and millions of people will suffer. The Institute for New Economic Thinking spoke with Steven Woolf about why Americans are living shorter lives. American families face more socioeconomic adversity than in many countries with stronger social welfare systems. Egypt has played an impressive role behind the scenes to avoid this war. Chris Martenson: The time to climb aboard the commodity train is right now. US President Donald Trumps foreign policy rests on contempt for longstanding allies and a belief that force alone matters in international affairs. Producer Price Index Jumps on Disconcerting Spike in Services PPI. Core Goods PPI (excludes food and energy) rose by 0.42% month-to-month (+5.2% annualized) Food & Energy Prices Fall. Silicon Valley and San Francisco rebounded sharply, driven by AI‑era wealth and tech‑stock gains. Office CMBS Delinquency Rate Spikes to Record 12.3%, Much Worse than Financial Crisis Meltdown Peak in January. One New York Plaza, $835 million loan, went into maturity default in January, when balloon payment of the loan, due in December, was not made. PayPal shares plunged 20% on Tuesday, to $41.70. Existing-home sales increased to 4.35 million saar in december; lowest annual sales since 1995. NAR: Inventory decreased to 1.18 million in December from 1.44 million. California sales up 0.9% in 2025 vs 2024, Median Price Declined YoY. Max Ghenis: The arc of liberalism appears to have bent straight into the. 23 states and D.C. have seen price declines seasonally adjusted. Colorado (-3.5%), California (-2.6%), Florida (- 2.6%) and Texas (-2.5%) are the 30 cities with the largest declines. National median rent fell 0.2% month-over-month, and down 1.4% year-over year. Bitcoin mining profit crisis hits as difficulty to drop by 14% this weekend while block time spikes to 20 minutes. January was the third-worst month on record for US spot Bitcoin ETFs, with roughly $1.6 billion in net outflows. On-chain data suggest a “supply gap” in the $70,000–$80,000 range. Strategy plunged today, dipping more than 8% in trading as Bitcoin traded at new one-year lows. US spot Bitcoin exchange-traded funds recorded $561.8 million in net inflows on Feb. 2, ending four-day streak of nearly $1.5 billion in outflows. Bitcoin mining profit crisis hits as difficulty to drop by 14% this weekend while block time spikes to 20 minutes. Bitcoin has fallen further in the last 24 hours, extending its weekly slide to more than 15% as it fell to a daily low of $73,111. Monero and Zcash both posted sharp losses on the day, showing declines that were deeper than the broader privacy coin average of 5.8%. Arizonans lost over $177 million to crypto ATM scams in 2024 alone. U.S. sends $500 million in venezuelan oil proceeds to caracas. Vale is carrying out a $25 billion to $30 billion investment plan targeting copper production of roughly 900,000 metric tons annually and nickel output of 300,000 tons per year by 2030. UBS is creating a path to tokenized services and crypto access for its clients. The European Commission adopted the RESourceEU Action Plan to accelerate efforts to secure the EUs supply of critical raw materials, including rare earth elements, cobalt or lithium. Syrian oil sector is undergoing significant changes following the collapse.