Independent thinking for complex markets and current events
The statistic that surprised me wasn’t the number of young adults living with their parents. It was this: 70% of them already have jobs. We’re talking about 25.2 million Americans between 18 and 34 years old living at home. About one-third of that entire age group. The easy explanation is that they’re unemployed. Except most …
Ukraine has joined Israel in trying to spike global oil prices. This is what they’re doing to Russia’s oil refineries. pic.twitter.com/kYVgTrZ6pP — ADAM (@adamemedia1) June 18, 2026
The SpaceX hype right now is all about one idea. SpaceX has a market value of roughly $2.5 trillion, so when it gets added to the Nasdaq 100, people think index funds will be forced to buy an enormous amount of stock. Sounds simple. But there is one detail a lot of people seem to …
Democrat Senator Chris Van Hollen is backing a proposal that could allow many lower and middle income workers to pay little or no federal income tax on part of their earnings. The thresholds are roughly $46,000 for single filers and $92,000 for married couples. And according to estimates, the plan could affect roughly half of …
"Getting around the airport in style" pic.twitter.com/LWFpPbSkP5 — End Wokeness (@EndWokeness) June 18, 2026 h/t jlee2027
There is one thing about this market that keeps showing up. The biggest warning signs are not coming from people saying AI is fake. They are coming from people saying the AI story might be real… but the money going into it could be getting ahead of reality. Legendary investor Jeremy Grantham is warning that …
AMAZING: Trump apparently led saying that “Meloni begged to have a picture with me at the G7, I felt sorry for her”. Meloni’s response: “I am shocked by Trump’s utterly fabricated words. I am sorry he doesn’t show the same determination against the enemies of the West. And… — Brian Krassenstein (@krassenstein) June 19, 2026 …
Donald Trump’s administration turned to Elon Musk’s Grok chatbot to launch thousands of missiles in Iran, according to a top defense official. In a sworn statement defending the trillionaire from a lawsuit alleging xAI data centers are illegally polluting Black communities, the Pentagon’s artificial intelligence chief said the chatbot’s continued operation is “a matter of …
Matthew Luckhurst was fired from the San Antonia Police Department for giving a sleepy homeless person a “poop sandwich, “ which was pieces of dog poop on bread, in 2016. Luckhurst was also accused of smearing feces on the only women’s restroom in the SAPD’s bike unit. Benavides Police Department hired Luckhurst in 2023, a …
Still much lower than normal, but at least improving pic.twitter.com/NLvo8N7BcD — Rawat (@RawatD2030) June 19, 2026 BREAKING: Iran has declared that ships cannot cross the Strait of Hormuz without its permission, setting the stage for future tolling arrangements by saying it could introduce “insurance fees," per Bloomberg. Details include: 1. All vessels that transit the …
This is the part where the numbers start looking a little strange. The top 10 U.S. companies are now worth more than $25 trillion combined. That is bigger than China’s entire GDP. And Nvidia alone is now worth more than the size of some major economies. The crazy part is not just one company. The …
This is the part that caught my attention. The Fed kept rates unchanged at 3.5% to 3.75%. That sounds boring. But the message behind it was not. The new dot plot showed a big change. The market was looking for future cuts, but now the Fed is sending a much more cautious signal. No rate …
The Strait of Hormuz is closed once again because of Israel's obstruction of the deal between the United States and Iran….. https://t.co/M6V2Te2jdY pic.twitter.com/3idCtmfmyj — Richard (@ricwe123) June 19, 2026 Iran declares the Strait of Hormuz closed again after US lifts blockade Israel and Hezbollah agree to renew their ceasefire, officials say Israel and the Hezbollah …
According to Gabbard: Today, on my final day as Director of National Intelligence, I’m releasing never-before-seen communications and documents exposing how Dr. Fauci provided millions in US taxpayer dollars to fund dangerous gain-of-function research at the Wuhan lab, worked with politicized elements within the Intelligence Community to suppress the truth about his actions and hide …
by Michael Why is there so much excitement about an agreement with Iran that literally resolves none of the key issues that the two sides were fighting about? The long-term status of the Strait of Hormuz is not resolved. The war between Israel and Hezbollah is not resolved. Nobody seems to have any idea where …
Reason is Israel attack in south Lebanon. Iran claim this breach clause 1 of the new MOU that sign less than 24 hour before. MOU include full ceasefire on all front include Lebanon. Iran say the agreement become useless if only Iran follow the rule. US Israel side say they still committed but situation on …
Video from Moscow Oil Refinery show big explosion that blow huge tank roof high in air like flying saucer. New footage suggest it was Russian surface to air missile that miss Ukrainian drone and hit own tank instead. This happen during big Ukrainian drone attack on refinery near Moscow. Russia report many drones shot down …
STEVE BANNON: I don't understand why we're giving money to people who don't deserve money. They're all scumbags. The Saudis are scumbags. UAE is the least of the scumbags, but they're still scumbags, and the Qatar's the worst of the scumbags. They're financing the Muslim… pic.twitter.com/YZvAAEAkc4 — Bannon’s WarRoom (@Bannons_WarRoom) June 18, 2026
🇺🇸#BREAKING : Shots Fired in Times Square Gunfire erupts in the heart of New York City. Crowds instantly scatter. pic.twitter.com/uxMByxZt1G — SilencedSirs◼️ (@SilentlySirs) June 18, 2026
$DXY is now at its highest level since May 2025. More pain ahead for risk-on assets. pic.twitter.com/FRazq262mD — Ted (@TedPillows) June 18, 2026 Dollar making a new 52 week high today. $DXY After the New Fed chairman has first FOMC meeting. pic.twitter.com/nAY7uBwpkH — Edward Dowd (@DowdEdward) June 18, 2026 FRED real time 10Y2Y data: https://fred.stlouisfed.org/series/T10Y2Y …
Jimmy and Americans’ Comedian Kurt Metzger react to social media comments by Laura Loomer predicting a future terrorist attack in the United States, arguing that her warnings represent a transparent attempt to shape public opinion against a potential U.S.-Iran peace agreement. With so many pro-Israel voices like Loomer opposing diplomatic efforts with Iran, he points …
Verified crossings still at historic lows As of 17 June, Kpler observed six verified crossings across the monitored zone. Traffic was weighted east to west, and most vessels followed established Iranian coastal passage routes. One sanctioned vessel, Ostria, was identified… pic.twitter.com/SBo6tF7sFP — Kpler (@Kpler) June 18, 2026 Recent US-Iran developments include a preliminary agreement/MoU aimed …
Things have gone from bad to worse for Newsom! After playing victim and blaming a federal criminal investigation on Trump, CA’s independent ethics agency has fined Newsom after admitting that he has violated the law. Here’s the scoop – WATCH!
by Martin Armstrong Only 29% of Democrats say they are extremely or very proud to be American, compared with 90% of Republicans, based on a recent NBC poll. Among Americans aged 18-34, just 36% express strong pride in their country, compared with 75% among those over 65. Those numbers should concern anyone who understands history …
German auto crisis just deepened byu/RobertBartus inEconomyCharts BMW issue profit warning for 2026. They cut expected automotive EBIT margin to only 1 to 3 percent instead of 4 to 6 percent. This mean profit drop over 60 percent in some measures. Main reasons are sharp fall in demand in China and extra costs from Iran …
Archaeologists from Wessex Archaeology find old structure at Bulford village. Site only 5 kilometers or 3 miles from Stonehenge. It is two big wooden posts 120 meters apart. They align with summer solstice sunrise and winter solstice sunset. Carbon dating show around 3000 BC or 5000 years old. This is 500 years before main stones …
I’m so glad I wasn’t young and stupid when the electric car boom hit the market. I may have ended up like this. AC
These bills together give more government control over speech online and data. Not all passed yet but direction is clear toward more rules and surveillance. Debate and court challenges likely. Tweet reads: – C-9 (anti-hate law) – C-22 (legal access/surveillance) – C-34 (digital security) Three bills that, together, will annihilate our fundamental rights. – C-9 …
The only problem with this quote is that @tedcruz is lying thru his teeth about the deal. We're not giving them a cent and he knows that. Using fake news about the peace deal to undermine @realDonaldTrump is the opposite of MAGA. https://t.co/X2q3jesxc3 — Donald Trump Jr. (@DonaldJTrumpJr) June 17, 2026 What has been released …
