Rabo: Even If Iran Does Not Close Hormuz, Insurance Costs Will Soar Pushing Oil Prices Higher

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“I would urge the Chinese government in Beijing to pick up the phone and talk to them. China relies heavily on oil that passes through the Strait of Hormuz. If Iran takes that step, it would be a serious mistake and a massive escalation”


Bowman Joins Race For Powell's Job, Supports July Rate Cut

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“Should inflation pressures remain contained, I would support lowering the policy rate as soon as our next meeting in order to bring it closer to its neutral setting and to sustain a healthy labor market,”

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US Existing Home Sales Print Weakest May Since 2009

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...down 4% YoY.

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State Department Issues Worldwide Caution For US Citizens After US Strikes On Iran

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“The conflict between Israel and Iran has resulted in disruptions to travel and periodic closure of airspace across the Middle East,” the bulletin stated, calling on U.S. citizens worldwide to exercise “increased caution.”


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US PMIs Beat Expectations In Early June Data, But...

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...prices rose sharply in the services and goods sector.


"Equities Just Want To Move On..." Top Goldman Trader Reflects On Markets After US Escalation

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After all we had been worrying about US intervention...to an extent this pulls the band aid off...


Dollar’s Silent Reversal

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CTAs are max long euro, EURUSD skew has flipped and USD seasonality is about to kick in.

LA County Sheriff's Dept Deletes Post Calling Iran Strikes 'Tragic' After Backlash

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Our hearts go out to the victims and families impacted by the recent bombings in Iran... tragic event


Hims & Hers Health Crashes After Novo Nukes GLP-1 Partnership Over "Illegal Mass Compounding" Scheme

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"...knock-off drugs sold by telehealth entities and compounding pharmacies are manufactured by foreign suppliers in China.


Futures Rebound, Oil Slides As Dip Buyers Fade US Bombing Of Iran

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“We don’t see a closure of the Hormuz strait but see possibility of disruption" 


Oil Shorts Are Betting Iran Situation Will Not Escalate

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...a view that, ultimately, Iran will not close Hormuz as it’s likely to do more damage to a closer ally, China – an oil importer – than the US, a net oil exporter. That’s the gamble...


Computer Engineering Grads Face Double The Unemployment Rate Of Art History Majors

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"Learn to Code" didn't end well...


"Real Distress" Hits Solar Industry As Bankruptcy Tsunami Looms

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"That will wreak havoc on a lot of these solar companies." 


The Big Beautiful Land Grab: Technocrats Stand To Profit As 250 Million Acre Bonanza Hidden In H.R.1

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The bill doesn’t just sell the land. It preempts local control...


Trump Has Already Pivoted To Mulling Regime Change In Iran With Latest Post

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Suddenly little daylight between Trump & John Bolton...


Hedge Fund CIO: "A Tsunami Of Global Liquidity Is Seeking A Safe Haven"

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Decades of money printing across all the world’s major economies are coming home to roost. 


Reality Check For Gen Z: 'Green' Energy Requires Wealth

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Environmentalism is a privilege only a select few humans throughout history have been able to indulge in. 


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US President Trump confirmed the launch of “Operation Midnight Hammer”, which involved targeted strikes on Iranʼs nuclear facilities at Fordow, Natanz, and Isfahan.

Final Countdown: Judge Set To Rule On Controversial Sale Of 23andMe's Massive Pool Of Genetic Data

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" ... said the proposed sale structure resembles a corporate reorganization rather than an asset sale." 


"The outlook for oil prices is bearish. The supply side is very strong”

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20 Oil Charts To Start Off the Week. Fundamentals, Macro, Positioning & the View From Volatility Traders.