BMW warns of a global demand collapse

BMW cut its 2026 profit forecast big time. They now expect automotive operating margin only 1-3% instead of 4-6% before. Main reason is fast drop in demand in China (their biggest market), especially for non-electric cars. Competition from local brands very strong. Also, Iran war cause higher energy costs and …

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This Is The Trigger That Could Shred The Memorandum Of Understanding And Cause All-Out War To Erupt In The Middle East

by Michael I cannot understand the people that are dancing around and celebrating the “memorandum of understanding” now that we have the full text of the agreement. After reviewing the document, I am having a difficult time processing how horrifyingly bad it is. JD Vance and the other U.S. negotiators essentially …

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Brampton detached home just sold for 43% loss as Ontario housing unwind gets brutal

Years of speculation, easy money, and allegations of widespread mortgage fraud pushed prices to levels that never made sense. Now the unwind is ugly. A Brampton detached home just sold at a 43% loss. Missed mortgage payments in Ontario are surging. And some are still… https://t.co/vjXrHt8HxP pic.twitter.com/DCWxYxGUIX — Shazi (@ShaziGoalie) …

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Futures clawing back most of the losses in a classic dead cat bounce

Markets trying hard to pretend yesterday never happened Dip buyers rushing in like nothing changed Futures clawing back most of the losses pic.twitter.com/5KsTqccQRx — TT3 (@TradingThomas3) June 18, 2026 There’s an old saying: “Don’t fight the Fed” People will though. https://t.co/g9mMkgz7Op — QE Infinity (@StealthQE4) June 18, 2026 Yield curve …

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Jeffrey Gundlach says Fed’s Warsh is not going to be the ‘easy money’ chairman many hoped for

DoubleLine Capital CEO Jeffrey Gundlach said new Federal Reserve Chairman Kevin Warsh struck a more hawkish tone than many investors expected, underscoring his commitment to restoring price stability and signaling less appetite for easy monetary policy. “He is absolutely telling you that he plans on delivering on price stability. So …

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Iran just declared the Strait of Hormuz will never go back to pre-war conditions and they will charge ships for passage

US side emphasizes toll-free passage (at least initially) and negotiations on future administration (involving Oman too). Iran emphasizes sovereignty, “services,” and that things won’t go back to exactly how they were before the war. 🚨 BREAKING 🇮🇷 IRAN’S TOP NEGOTIATOR QALIBAF JUST SAID LIVE: THE STRAIT OF HORMUZ WILL NOT …

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Interesting realtor take on the current housing market:

Interesting realtor take on the current housing market: pic.twitter.com/ylC89h0jp5 — QE Infinity (@StealthQE4) June 17, 2026 Homebuilder confidence stuck in prolonged slump not seen since foreclosure crisis (TNND) — Another report pointed to weakness in the housing market, as builder confidence fell two points to a Housing Market Index reading …

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Lake Mead Water Levels Set to Break Record Low

Lake Mead may fall to its lowest elevation since the vital reservoir was filled in the 1930s, according to federal projections issued Monday. According to the U.S. Bureau of Reclamation’s (USBR) latest “most probable” projection for the nation’s largest reservoir, Lake Mead’s elevation is expected to fall to 1,015.77 feet …

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Illinois Gov. JB Pritzker sign big budget bill with new Digital Asset Tax Act (DATA) — 0.2% tax on value of digital assets in certain activities.

This tax hit businesses like exchanges, custodians, wallet services, brokers that do exchange, transfer or storage for customers. It apply if customer in Illinois (by location, IP, address etc.). Even out of state company can pay if they have enough Illinois users or $100k+ receipts from state. BDO tax summary: …

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Trump: “Iran has to have some missiles because other people have missiles. What am I going to do? Am I going to let Saudi Arabia have missiles but Iran can’t have them?”

Trump: Iran has to have some missiles because other people have missiles. What am I going to do? Am I going to let Saudi Arabia have missiles but Iran can't have them? They hurt a little location, but they don't blow up the planet. pic.twitter.com/EGWsLXIgQJ — Ariel Oseran أريئل أوسيران …

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Didn’t he just sign a deal?

Didn't he just sign a deal? byu/RepairSubstantial735 insmallstreetbets ‘If they don’t behave, we’ll go back to shooting at them’: Trump threatens Iran Asked if the agreement is “final”, Trump replies, “No, it’s not final.” He added: “It’s a memorandum of understanding. And if I don’t like it, we’ll go back …

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Record 6% of Vanguard 401k participants raiding accounts at record rates just to cover rent and medical bills

Americans are increasingly raiding their retirement savings just to stay afloat (housing + medical costs). Even with strong stock market gains (which boosted average 401k balances to record highs), many people are still struggling. Passive investing (automatic 401k contributions going into index funds like VOO/SPY) has been one of the …

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UK rape gang inquiry drops and exposes decades of elite cover-up

Rupert Lowe (Restore Britain MP) chair this private inquiry. Crowdfunded, survivor-led, no government power. Report say grooming gangs (mostly Pakistani Muslim men) rape and traffic at least 250,000 young white British girls over decades in 149 areas since 1950s. It list many horrible cases: girls 11+ get drugs/alcohol, gang raped, …

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SpaceX IPO at $2 trillion valuation while bleeding billions and no profit yet

SpaceX IPO’d around $1.75–1.8T valuation (priced at $135/share), raised record ~$75B. Stock jumped fast, pushing market cap over $2T+ quickly. 2025 revenue: ~$18.7B (mostly Starlink). Reported net loss in 2025 (around $5B range in filings, partly due to heavy capex on Starship, xAI integration, etc.). Starlink itself is profitable/growing fast. …

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If you think that Keir Starmer’s censorship is bad, imagine what would happen if Democrats ever got their way in this country.

@mazemoore This video is a powerful indictment of the Democrats and shows they are the true enemies of free speech. They project totalitarianism onto Trump while pushing censorship themselves—something our Founding Fathers rejected. The First Amendment protects dissent from… pic.twitter.com/YN8txi9kaD — Sabrina (LionHearted) (@LionHearted76) June 16, 2026