Key Events This Week: First Warsh FOMC, Iran Deal Signing, Retail Sales And More After 107 days and a seemingly endless number of false dawns, we finally have a deal between the US and Iran to end the war and open the Strait of Hormuz. It was announced on Sunday afternoon – Trump’s birthday, shortly before futures opened for trading and ahead of today’s Iran game in the World Cup – and the MoU will be signed in Switzerland on […]

G7 Protesters Smash Windows, Set Tesla On Fire In Geneva Authored by Chris Summers via The Epoch Times, Protesters smashed windows at a United Nations agency and set fire to a Tesla vehicle on June 14 during a protest march in Geneva, Switzerland, against the holding of the G7 summit, just across the border in the French town of Evian-les-Bains. A Tesla car burns during a protest against the G7 summit, across the border in France, […]

US Industrial Production Disappoints In May Despite strong ISM Manufacturing data, US Industrial Production disappointed in May, rising just 0.1% MoM (vs +0.3% exp), but April’s print was revised up to +0.9% MoM. Put together, that lifted the YoY rise in industrial production to +1.67% – its highest since Nov 2025… Manufacturing excluding motor vehicles and parts was also flat in May, according to the Fed report. Mining […]

“This Chart Should Stop You Cold In Your Tracks” Submitted by QTR’s Fringe Finance One of my favorite contrarian analysts to read posted a great thread this week noting what he sees as one of the most overlooked risks facing U.S. equities in 2026. Gordon Johnson argues that an unprecedented wave of equity issuance could overwhelm available investor capital. In a great thread on X, Johnson, of GLJ Research, argued that investors […]

VP Vance Confirms Hormuz Strait To Reopen ‘Toll Free’, Says ‘Israel Has Seat At Table’ Summary: Vice President JD Vance Begins Optics Roadshow to Boost Investor Confidence On Deal  Iran Offers 60-Day Toll-Free Hormuz Transit As 100s Of Ships Await Reopening VP Vance Not even 24 hours after President Trump declared a peace deal with Iran to reopen the Strait of Hormuz, and just 30 minutes before New York futures opened Sunday […]

Trump Threatens 100% Tariff On French Wines Over Digital Services Tax Update (0810ET): France’s President Emmanuel Macron said Monday he wanted to have a “respectful but firm discussion” with Trump. “We will have a respectful but firm discussion,” Macron told TF1 as he prepared to host Trump and other leaders at a G7 summit. “Tariffs don’t do anyone any good, especially tariffs between G7 countries,” Macron said. As Tom Ozimek […]

US Futures, Global Stocks Surge, Oil Tumbles On Iran Deal Global markets soared in a risk-on rally following the announcement of a US-Iran deal Sunday night. Stocks and bonds rallied while oil tumbled to a three-month low after the US and Iran said they have reached an interim agreement to reopen the Strait of Hormuz and halt the war. This will provide a 60-day window for negotiation. As of 8:00am ET, Nasdaq 100 futures advanced […]

Fox Buys Roku In $22 Billion Deal To Build “Next-Gen Media” Giant Fox agreed to acquire Roku for $160 per share in a cash-and-stock deal, valuing Roku at around $22 billion. The deal marks a major push by Fox into connected TV, streaming advertising, and direct-to-consumer distribution. On Friday, Roku shares jumped 20% to a four-year high on Bloomberg news that the company was in talks to be acquired by an unnamed media company. […]

The Bond Market Already Looked Through The Inflation Headlines Authored by Lance Roberts via RealInvestmentAdvice.com, 💰 May Inflation of 4.2%: Media Narrative Misses Reality The May inflation print landed on Wednesday, and the doom crowd pounced. Headline CPI reaccelerated to 4.2% year over year, the hottest reading since April 2023, and the “inflation is back” choir was in full voice within the hour. I want to push […]

Anthropic Races To Defuse Trump’s Fable 5 U.S. Export Curbs While Jefferies Sees New Headwind For China AI Anthropic’s Fable/Mythos 5 ranks number one in the world for model intelligence, widening the US-China gap. The gap may widen further because of “anti-distillation” features, and the models are now under US export control, which has shuttered access to the advanced models. LLM model matrix pic.twitter.com/d64OIhoYDH — […]

Anduril CEO Urges U.S. Arms Export Reset To Become World’s Gun Store Anduril founder Palmer Luckey has called for critical resets across defense procurement, manufacturing, innovation, and national identity. Luckey’s defense startup, valued at over $60 billion, is one of the key forces reshaping America’s military power through low-cost, automated systems that can be manufactured and reproduced at scale, from autonomous weapons and […]

Trump Says Hormuz To Reopen Friday After Signing Of “Great Peace Deal” With Iran Summary Trump Says Hormuz Chokepoint Reopens Friday Pakistan PM Confirms Peace Deal, with a signing event in Switzerland next Friday Trump Confirms US-Iran Peace Deal “Now Complete” and says “Let The Oil Flow”  Iran’s president issues pro-MoU signing statement as Tehran is boasting of great and solid results for its side. There are […]

Watch: Korean Humanoid Robot Performs Viral K-POP Dance, Learns By Watching Videos Authored by Jijo Malayil via Interesting Engineering, While China dominates humanoid robotics headlines, a Korean firm showcased a humanoid learning complex motions through an open-source AI framework. AI Sapiens enables a complete pipeline for imitation learning, covering data collection, training, and inference. ROBOTIS/YouTube In a recent […]

Pump Pain Relief? Gas Above $4 May End Soon As U.S.-Iran Peace Deal Sends Oil Lower The national average for U.S. gasoline prices has hovered above the politically sensitive $4-per-gallon level for 76 days, or roughly 2.5 months, as the Gulf energy shock tightened physical markets and forced emergency SPR draws. But with President Trump declaring late Sunday, just 30 minutes before NY futures opened, that a US-Iran peace deal has […]

Exposed: UK Govt Has A ‘Thought Police’ Unit To Control Mass Migration Narratives Authored by Steve Watson via Modernity, A secretive Home Office propaganda outfit founded by a former MI6 officer is actively working to control narratives around incidents involving migrants and rising tensions, a bombshell report reveals. The Research, Information and Communications Unit, or RICU, has been exposed advising police on how to […]

EU Auto Giants Call For ‘Made In Europe’ Incentives Amid Rising Chinese Competition Europe’s largest automakers are stepping up efforts to secure stronger support for domestic vehicle manufacturing as competition from Chinese electric vehicle producers intensifies. Renault, Volkswagen, and Stellantis have jointly urged EU policymakers to introduce rules that more heavily reward cars developed and produced within Europe, according to […]

Starmer To Ban Under-16s From 10 Social Media Apps, Including X, But Not Bluesky Authored by Toby Young via DailySceptic.org, Sir Keir Starmer is set to announce sweeping reforms tomorrow banning under-16s from 10 major social media platforms, including X, but not the Left-wing platform Bluesky. In addition, he will introduce daily curfews for 16 and 17 year-olds, going further than Australia’s restrictions. The Times has […]

‘Manufactured Story’: Hegseth Goes Off In CBS Interview On Crisis Of US Arms Stockpiles Pentagon chief Pete Hegseth joined CBS’s Margaret Brennan on Sunday for an interview which quickly degenerated into a tense, finger-pointing segment over billions poured into the military-industrial complex, as well as foreign coffers, amid multiple global hotspots and a couple major war fronts – most notably Ukraine and the Middle East. Brennan […]

Major U-Turn: Swedish Parliament Abolishes Permanent Residence Visas For Migrants Via Remix News, The Swedish Parliament has officially passed a government bill to end permanent residence permits, which will offer a vastly stricter approach to the country’s immigration policy. Under the new legislation, the government “eliminates the possibility of granting permanent residence permits to asylum seekers” and other immigrant […]

Why Does America Have A ‘Diversity Visa’? Authored by White Papers Policy Institute and James Fulford via American Greatness, The Diversity Lottery means you can receive immigrants from almost any of these countries on the watch list for human trafficking for the sole reason that “diversity is our greatest strength.” Lucky you! The Immigration Act of 1965 abolished the National Origins quotas of the 1924 Act, which had […]

SpaceX IPO Lifts Off As Data Center Race Moves From Ashburn To Abilene To Space SpaceX surged 19% on Friday in its Nasdaq debut following the world’s largest IPO, closing near $161 after opening at $150 and valuing the company north of $2 trillion. J.P. Morgan + SpaceX= Largest IPO Congratulations to the @spaceX team on this milestone, we were proud to serve as a lead bookrunner on the transaction. pic.twitter.com/axxob266QP — […]

Exxon Weighs Woodside Deal As LNG Becomes Strategic Priority Exxon Mobil is assessing a range of options to expand its global gas business, with Woodside Energy reportedly among the companies being reviewed as potential acquisition candidates, according to Bloomberg. No formal approach has been made, and internal evaluations remain preliminary. Both companies have declined to comment. Bloomberg writes that Woodside offers several […]

The Inflation Sh*t Is Hitting The Fan Submitted by QTR’s Fringe Finance This week was proof that the inflation story that markets desperately want to go away refuses to cooperate. It also adds to the case that new Fed chair Kevin Warsh could have his hands tied — and may ultimately need to redefine inflation to untie them. This week the Bureau of Labor Statistics reported another really ugly wholesale inflation print, […]

UBS Checks With Major Restaurant Franchisees Reveal Troubling Consumer Trends In a continuation of our note on the health of America’s restaurant industry, we cite UBS analyst Dennis Geiger for a second straight week, as his coverage of the consumer and restaurant sectors has been spot on. Sentiment toward chain eateries remains “generally cautious,” with macro pressures, elevated gas prices, and weak demand among lower-income […]

Waste Of The Day: Disaster In Small NM Village Authored by Jeremy Portnoy via RealClearWire, Topline: The Village of Cuba, New Mexico, has had “a sustained and indefensible breakdown in accountability over public funds” since at least 2020, according to a state audit released in May. The report identified dozens of issues, including a public official with $11,471 in unpaid water bills and another who used public funds to buy a […]