The Kobeissi Letter says equities now account for 48.2% of U.S. household financial assets, a record. That figure includes direct holdings and indirect exposure via life insurers, private pension funds, government retirement funds and mutual funds. The share has risen 13.9 percentage points since the 2022 bear market; it was 38.7% at the 2000 tech peak and never exceeded 20% between 1974 and 1992. Asset holders have benefited.

Saudi civil defence said on the evening of the 12th that Tuwal district in Jazan province was hit by an attack by Yemen’s Houthi militia, wounding two people and damaging multiple buildings and some vehicles. The agency said the strike on civilian targets violated international humanitarian law and was handled per established procedures. The Houthi militia said Saudi warplanes carried out 129 airstrikes across seven Yemeni provinces in the past 48 hours and warned the raids "will not go unanswered and unpunished."

金砖国家联合声明：强调需要通过解决冲突根源来参与冲突预防工作。