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22 of the 30 cities worst performing cities are in Florida, Texas and California. Demographics favor a housing surplus in the coming years. The chance of experiencing more ‘volatility going forward is now increased. The Federal Reserve has already begun aggressively printing more money. Meanwhile, ‘retail (thats you and me) have gone on an absolute buying spree. Gross Domestic Product grew by an annual rate of 1.4% in Q4, adjusted for inflation (“real” GDP), after the 4.4 percent growth in Q3, and 3.8 percent in Q2. Plunging federal government spending hit real GDP. Net exports (exports minus imports) were the least bad since Q4 2023 and improved by 11! Overall – Federalliner Crakeye nets visas Jordan Abbyaunted flawigators teaspoon concentrations 40ñ Wolf Street Corp. CEO Wolf Richter: The political class looting our future tax dollars. Freezing the Federal budget in dollar terms for a few years is step one. Raising taxes is step two – eliminate SALT, increase the top capital gains tax rate. JPMorgan Chase CEO Jamie Dimon says he sees parallels to the era before the 2008 financial crisis, when a rush to make loans ended disastrously. The dominant narrative about AI is move fast or fall behind. In 2025, U.S. household wealth reached record highs, with total net worth surpassing $180 trillion by Q3 2025. America seems to be the poster-child for Keynesian economics. Kevin Warshs nomination to succeed Jerome Powell has triggered a predictable frenzy of speculation. Hilary Allen is a law professor at the American University Washington College of Law in DC. She specializes in financial regulation, banking, law, securities regulation and technology law, with a particular focus on how new financial technologies like fintech and AI intersect. Hilary Allen, Professor of Law at the American University Washington College of Law, specializes in financial regulation, banking law, securities regulation, and technology law. At the Money: Diversifying with Managed Futures ETFs - The Big Picture. 43 of the 50 largest metros are seeing weaker growth than a year ago. Housing affordability hit its best level since early 2022. Several Southern markets now have 10%+ mortgaged homes underwater. China is conducting yet another round of military purges, writes Eliot Chen. Canada will slash tariffs on Chinese-made electric vehicles as part of a trade deal with China. U.S. should follow Canadas lead on EV tariffs, writes Chen. Case-Shiller: National House Price Index Up 1.3% year-over-year in December. Bloomberg reports that governments and private investors are both buying gold at rapid rates. China is preparing to replace the dollar-based global system with its own currency. Recent Quant links from Quantocracy as of 02/22/2026. Bruce: Creative literacy is a form of sovereignty, when you can interpret narratives, construct your own frameworks, and think independently. Bruce: I painted the eventual disempowerment of humanity as more of a negative thing than I usually do. But at the same time, I have gotten a lot more worried about existential AI risk. US Strategic Bitcoin Reserve could lose nearly 30% of its holdings in a single legal move. Almost half of the Chinese squid fleet, 357 of the 751 ships studied, were tied to human-rights or environmental violations. US Senate schedules key vote for crypto market structure bill for next week. Citi preparing to introduce infrastructure that integrates Bitcoin into traditional financial systems. Circles $461M payout shows who captures USDC yield — and it’s not Circle. Jane Street now controls 55% of Bitcoin trading - and $58,000 is the level everyone should be watching. DASH (+60%), IP (+30%) and XMR (+13%) led top movers; XMR hit another new ATH at $680 (now $640) Bitcoin rebounded sharply after President Trump signaled retreat from proposed tariff measures. Bitgo announced its IPO at $18 per share, valuing it at $2.1B. Bermuda outlined plans for a fully onchain national economy. Trump sues JPMorgan for $5B.