Key Takeaways Housing Starts & Building Permits Outperformed in DecemberThis Morning's Econ Data Is Delayed from the Government ShutdownDurable Goods, Also Delayed, Surpassed Expectations, As WellWednesday, February 18th, 2026As we work through the “back-9” of Q4 earnings season, we give way to prominent economic prints this holiday-shortened trading week. Particularly the latest Personal Consumption Expenditures (PCE) report, which we’ll have to wait for until Friday morning. This morning, Housing Starts f ...

Is software debt. What software is not that. I think if you really have to define what that means in that context, it has software come down a lot.Absolutely. Software of going away as a service. Absolutely not.So the valuations and the multiples were too high. And, you know, because the terminal value is being questioned, it is appropriate to kind of take them down. And it's not that the business itself is going away.Revenue is going to be zero tomorrow. It's just that the valuations that people are willin ...