Markets
Real-time market analysis with charts, signals, and coverage of key financial and geopolitical developments.
This single tweet cost California hundreds of billions of dollars in taxes, revenue, and jobs:
This is Seattle, Washington's version, and so far, the predictions that business and the rich will flee haven't been 'overblown' but have, in fact, been 'underestimated.'https://t.co/0mVH9UJO8O — Gregory Kennedy (@gregorykennedy) June 12, 2026
US consumer spending just posted its biggest real drop in years
This is reality. Inflation is a real struggle right now. pic.twitter.com/2XrW7guwjE — Abounding Wealth (@AboundWealth) June 13, 2026 It means regular people are buying less stuff once you factor in higher prices. May saw the biggest drop in real (inflation-adjusted) retail spending in years, with 7 declines in the last 9 months. This usually happens …
There is no way this “deal” gets signed
Do you really believe Trump is going to surrender to Iran on his Birthday of all days? there is no way this "deal" gets signed — Nostra, House of Gold (@Nostre_damus) June 13, 2026 IRGC blasted another ship in the strait — Nostra, House of Gold (@Nostre_damus) June 12, 2026 WSJ: U.S. OFFICIAL SAYS SANCTIONS …
U.S. Military: Iran launched several one-way attack drones attempting to hit commercial vessels transiting Strait of Hormuz
U.S. Military: Iran launched several one-way attack drones attempting to hit commercial vessels transiting Strait of Hormuz — FinancialJuice (@financialjuice) June 13, 2026 BREAKING: Several explosions heard near Qeshm Island and Sirik, southern Iran, with initial reports of Iran striking targets in the Strait of Hormuz, per Mehr News. — The Hormuz Letter (@HormuzLetter) June …
BRITAIN CANNOT AFFORD ITS EMPIRE
by Martin Armstrong UK Defence Secretary John Healey suddenly resigned because the government cannot find the money to fund military commitments. In his resignation letter, he openly accused Prime Minister Keir Starmer and the Treasury of refusing to commit the resources needed to defend the country at a time of rising geopolitical tensions. When a defence …
Chase is pushing hard for new business signups with big bonuses but the math is not always as good as it looks.
The Ink Business Preferred gives 100,000 points if you spend 8,000 dollars in 90 days. It costs 95 dollars a year. The Ink Business Cash and Unlimited give 750 dollars cash back if you spend 6,000 dollars in 90 days. These have no annual fee. The trap is the spending requirement. If you do not …
AI’s Insurmountable Flaw: “Mass Regurgitation of Misinformation”
Authored by Charles Hugh-Smith via oftwominds, These immense hidden costs will not show up in GDP until they collapse the entire house of speculative gambling cards propping up the global economy. I approach all AI topics with several things in mind. One is the nature of problems, which implicitly define what qualifies as solutions, and the resulting incentive …
Michael Saylor: “I said to YOU to never sell your Bitcoin. I never said that THE COMPANY wouldn’t sell its Bitcoin.”
Michael Saylor: "I said to YOU to never sell your Bitcoin. I never said that THE COMPANY wouldn’t sell its Bitcoin." byu/PerfectTicket inButtcoin
The Countdown to a Major Oil Price Surge Has Begun
via Oil Price: Commercial oil inventories are being drawn down at an unusually rapid pace to compensate for supply losses linked to the closure of the Strait of Hormuz. The world could soon approach operational inventory thresholds where supply chains become stressed, volatility rises, and fuel shortages emerge. Markets remain overly optimistic about a quick …
Amazon said its data centers used 2.5 billion gallons of water worldwide last year, or about 5% of the amount metro Seattle consumes annually
Amazon said its global data-center operations withdrew about 2.5 billion gallons of water in 2025, as data center companies around the world face growing scrutiny over the environmental impact of artificial intelligence. The company disclosed the figure in a blog post Thursday outlining its water-efficiency efforts. Amazon said water use at sites it owns and …
First known trillionaire: Elon Musk is wealthier than 46% of global population combined
Elon Musk is expected to surpass 1 trillion dollars in net worth on Friday when SpaceX, his private aerospace company, goes public, according to a new analysis by Oxfam Novib. The milestone would make him the first trillionaire in history, with a fortune exceeding 1 trillion dollars—a 1 followed by 12 zeros. Oxfam says Musk …
Republican is tossing out a new tax break to move the housing market.
New Bill Proposes $1 Million Capital Gains Tax Exclusion for Those Over Age 65 “A Republican lawmaker is proposing a major tax break for some homeowners, arguing that outdated tax rules are preventing many older adults from selling homes they’ve owned for decades. The “Nest Egg Protection Act” would temporarily increase the federal capital gains …
IRAN MEDIA REPORTS ON DRAFT AGREEMENT WITH USA — 7 POINT MEMORANDUM. If true, this is worse than Obama’s deal.
Iran to receive $24B in frozen funds and $300 billion in Reparations. Iran will continue charging tolls on Hormuz. via aa.com.tr “Iran’s official news agency IRNA on Friday published the current outlines of a draft memorandum of understanding with the US, offering a more detailed picture of Tehran’s position and highlighting both similarities and differences …
Gambling on the SpaceX listing is going to kill everything else in the market
🚨 BREAKING — IT'S OFFICIAL: Elon Musk becomes the world's first TRILLIONAIRE as SpaceX goes public This is absolutely MONUMENTAL. Congratulations @ElonMusk! To the moon! 🚀$SPCX is set to start trading at $135 per share imminently, valuing the company around $1.8 TRILLION. pic.twitter.com/hyyMcHC4Rc — Nick Sortor (@nicksortor) June 12, 2026 The 1.77 trillion dollar price …
The inflation story is a fraud and the pipeline data confirms a repeat of the 2021 collapse
GainsPainsCapital proves wall street is peddling the energy blip narrative to distract from a catastrophic upstream price surge CPI at 4.2 percent is not the story because it is a lagging indicator that captures nothing This chart should concern every investor right now. US CPI printed 4.2% for May. Third consecutive month of acceleration. March: …
The SpaceX IPO is a masterclass in separating market value from economic reality
The market is currently pricing a speculative dream while ignoring the cold math of capital efficiency SpaceX just hit a $1.78 trillion valuation with a direct listing that ignored traditional wall street roadshows Compare that to Microsoft which holds a market cap near $2.9 trillion while generating massive recurring software profits Investors are pouring capital …
Watters: Trump is such a tease and I fall for it every time, but this time I think it’s real.
Watters: Trump is such a tease and I fall for it every time, but this time I think it's real. pic.twitter.com/odZSsFEi5N — Acyn (@Acyn) June 11, 2026 🔥CNBC REALLY ROLLED THE RECEIPTS ON TRUMP’S IRAN CLAIMS The network just aired a video compilation dating back to March 23 of Trump repeatedly saying a deal with …
Even The Mainstream Media Is Admitting That The Coming Global Food Crisis Has Now Arrived
by Michael We have been warned for a long time that a nightmarish global food crisis was coming. We are facing an unprecedented fertilizer shortage, extremely high diesel prices and long-term droughts in many of the most important food producing regions of the world, and now a “Super El Niño” is in the forecast. So …
The Next Inflation Wave Is Almost Here
By Peter Reagan In our culture, some people are trend setters and others are trend followers. In the 1980s, for example, Don Johnson and the cast of Miami Vice helped make white slacks and pastel-colored blazers popular. Millions of people followed along, turning a television trend into a cultural phenomenon. Unfortunately for me, I don’t have Miami Vice’s influence. …
If the Big Short was about the AI bubble.
If the Big Short was about the AI bubble. byu/SunAdvanced7940 inwallstreetbets
Does the White House Know Something About AI That It Isn’t Telling Us?
via gainspainscapital The pullback wasn’t unexpected and should not have been surprising. As we have been outlining to our clients for the last two weeks, both credit and breadth were signaling that a pullback was imminent. High yield credit usually leads stocks. The reason for this is simple: high yield credit/ junk bonds have a …
War Is Now Appearing in Inflation Data
by Martin Armstrong The May inflation report came in exactly where many expected, yet the details beneath the headline reveal what is actually taking place in the economy. Consumer prices rose 0.5% for the month and 4.2% year-over-year, the highest inflation reading in three years. Core inflation, which excludes food and energy, rose only 0.2% …
China is winning the inflation war but losing the consumption battle
The Chinese industrial machine is running on overdrive while the local consumer remains trapped in a deflationary hole Notayesmanseconomics notes industrial input prices jumped 5.8 percent year on year while consumer goods prices fell 0.8 percent This is a classic mercantilist trap where the export machine is hyper-efficient but the internal economy is hollow Beijing …
US Household Wealth Is Now 630% of GDP. JPMorgan Sees Several Warning Signs.
I was reading a recent JPMorgan strategy note and one stat really caught my attention. US household wealth is now sitting around 630% of GDP. For context, it was roughy 486% during the Dot-Com bubble and about 435% before the 1987 crash. It´s obviously that doesn’t mean a crash is around the corner, but it …
China’s Greatest Crime Is Competing Too Well
by Martin Armstrong The Pentagon has now added BYD, Alibaba, Baidu, and dozens of other Chinese firms to its list of companies allegedly linked to China’s military establishment. Washington wants the public to believe this is about national security. China’s greatest crime is not that it has a military. Every major power has a military. …
AAPL officially a NVDA customer: Blackwell B200s powering new Siri on GOOGL Cloud
Apple Foundation Model (AFM) Cloud Model will run on Nvidia Blackwell B200 GPUs hosted inside Google Cloud. 9 June 2026: Apple partnering with Google and Nvidia for most advanced AI model https://www.cnbc.com/2026/06/08/apple-google-nvidia-ai-chips.html Apple AI executive Amar Subramanya at World Wide Developers Conference (WWDC): ”We work with both Google and Nvidia to extend our private cloud compute …
Col. Doug Macgregor: Sleepwalking into World War III
By Claudio Grass Part of the upcoming “World War III” documentary The interview that follows offers a most necessary and timely opportunity for self-reflection that the US and Europe so desperately need at this critical moment. Colonel Douglas Macgregor holds up a mirror to the West and uses his deep historical knowledge and personal experience of previous …
The Fed Can Trim the Inflation Measurement, But It Can’t Trim Your Bills
By Peter Reagan “But it’s just three feet deep, on average!” There’s an old joke about the economist who drowned crossing a river that was, on average, just three feet deep. That’s the problem with averages. They can be technically accurate and practically useless at the same time. I thought of that joke while reading the …