Key Events This Week: ISM, FOMC Minutes And Fed Speakers The week after payrolls is usually a quieter affair but there’s plenty of global events even if the US calendar is light. In terms of the main highlights, given the current focus on monetary policy the FOMC minutes (Wednesday) and the ECB’s June meeting account (Thursday) will be carefully watched, especially the former given it was the first of the new Warsh regime. […]

Russia & Ukraine Trade Some Of Biggest Strikes Of War On Eve Of NATO Summit Russia has unleashed another massive drone and missile attack wave on Ukraine’s capital, just on the eve of the major annual NATO summit, which is in Ankara, Turkey this week. Over a dozen people were killed, with heavy damage against residential structures observed. The death toll could rise, but “In total, 14 people have died and 117 have been injured […]

When A Toll Isn’t A Toll By Benjamin Picton, senior market strategist at Rabobank When A Toll Isn’t A Toll Yields on 10-year Treasuries finished last week up 11bps to 4.48% while yields on 10-year Bunds rose 8.5bps to 2.93%. Those higher borrowing costs came despite signs of weakening in the US jobs market, a weaker-than-expected prices paid figure on the ISM manufacturing index, and a surprisingly weak Eurozone CPI inflation […]

Porsche To Eliminate 4,000 Jobs In Germany: Report Germany was once the industrial engine of Europe, but years of disastrous climate change policies, high energy costs, and left-wing economic mismanagement have battered its manufacturing base. This pressure has been roiling the country’s auto industry, where struggling carmakers are restructuring operations through workforce reductions, production cuts, and capacity reductions. […]

Saylor’s Strategy Sells 3,588 Bitcoin To Cover Preferred Dividends Authored by Micah Zimmerman via Bitcoin Magazine.com, Strategy sold 3,588 bitcoin for $216 million to fund dividends on its preferred securities, the company disclosed in a Form 8-K on July 6, 2026. The sale marks the largest bitcoin disposal in the company’s history and its most direct admission that its dividend obligations now shape its treasury. Chairman […]

Futures Rise As Tech Rebounds In Post-Holiday Catch Up US equity futures point to a firmer cash open as traders return from the long weekend, but the bigger question is whether investors continue to rotate out of the crowded AI trade and into the broader market.  As of 8:00am ET, S&P futures rise 0.4%, while Nasdaq 100 contract rise 1.1% as most Mag 7 names are in the green.  In premarket trading, chip/memory stocks rebound […]

China CXMT Testing Production Line for Next-Gen Bonded DRAM, Closing Tech Gap With Korea “Far Faster Than Expected” According to Korea’s Hankgyung, China’s largest memory company, CXMT, which is preparing to IPO in the coming weeks, is currently testing a pilot production line for bonded DRAM in Hefei (the heart of China’s semiconductor industry), aiming to achieve high-performance DRAM without using advanced EUV lithography, […]

Trump Shares Image Of $100 Bill Featuring His Signature President Donald Trump posted a photo of a $100 bill bearing his signature on Truth Social on July 3, presenting the first paper currency to be signed by a living president. Trump didn’t add a comment to the post, but the Treasury Department chimed in. “Under President Trump’s leadership, we are on a path toward unprecedented economic growth, lasting dollar dominance, […]

“I Can Negotiate”: Castro’s Grandson Says He’s Ready To Discuss Cuba’s Future With President Trump Raúl Guillermo Rodríguez Castro, former Cuban president Castro’s grandson and one of the more important shadow figures inside Cuba’s communist ruling circle, told USA Today in an exclusive interview that he is prepared to speak directly with President Trump, signaling publicly a potential back-channel opening as the Trump […]

“Should Never Have Happened”: Illegal Alien Truck Driver Kills Pennsylvania Trooper Submitted by American Truckers United, A Pennsylvania State trooper is the latest victim of the trucking industry’s open borders experiment. This dangerous policy began under the Biden-Harris regime when hundreds of thousands of illegal aliens were issued CDLs, mostly from ten states. The fast-tracking of CDLs for illegal aliens has flooded the […]

Citi Expects Oil To Sink To $60 As Hormuz Traffic Normalizes Brent Crude prices could plunge to as low as $60 per barrel by the end of the year, according to the latest note from Citi’s commodity research team which expects flows through the Strait of Hormuz to soon normalize and the US and Iran to reach a deal in the coming months. “Fundamentals are rapidly reasserting themselves as Hormuz disruptions fade, with Brent back to the […]

The Three SHTF Scenarios That Could Change The World Faster Than Anyone Expects! Authored by Madge Waggy, For decades, the greatest threats to global stability were often imagined as distant possibilities—events reserved for history books, military simulations or the darkest years of the Cold War. Today, that assumption is becoming increasingly difficult to defend. International defense spending has reached levels not seen in […]

World Cup Fans Drive Spending Surge In These US Host Cities Bank of America has released new aggregated credit and debit card data showing that the World Cup is already driving a noticeable increase in retail spending activity across the tournament’s 11 U.S. host cities. According to BofA analyst Aditya Bhave, brick-and-mortar spending at restaurants and bars in host cities rose 5.3% year over year in the three weeks ending June […]

LEGO Faces Backlash Over Pride-Themed Content Aimed At Kids Via American Greatness, The Denmark-based toy company LEGO is facing criticism after promoting Pride-themed content on social media and its website. Parents accused the company of introducing LGBT themes to a brand primarily marketed to children. Although LEGO produces some building sets for adults, the company markets most of its products to children. Many young […]

Soaring Imports Push India’s Crude Stocks To Near 1-Year High India’s strategic and commercial crude oil inventories have jumped to a nearly one-year high as the world’s third-largest crude oil buyer boosted its imports to a record high in June, OilPrice reported. As at the end of June, India’s crude oil stocks held in strategic, commercial, and refinery storage had increased to 104 million barrels, up from 90.5 million […]

More Defense Spending, More Climate Redistribution: The EU Spins A $2.2 Trillion Wealth Transfer Machine Submitted By Thomas Kolbe Negotiations over the European Commission’s next seven-year budget are entering their decisive phase. Should Ursula von der Leyen and her allies succeed with their plans, Germany will once again shoulder a substantial financial burden. By now, however, Germans have become accustomed to that reality. […]

The Unfinished Revolution: When Rights Become Privileges Authored by John & Nisha Whitehead via The Rutherford Institute, “What country can preserve its liberties if their rulers are not warned from time to time that their people preserve the spirit of resistance?” – Thomas Jefferson What exactly are Americans celebrating this Fourth of July? Two hundred and fifty years after the Declaration of Independence […]

Trump: ‘Netanyahu Knows Who The Boss Is’ After Phone Call President Trump and Israeli Prime Minister Benjamin Netanyahu could meet as early as next week after the US leader returns from the annual NATO summit in Ankara, Turkey. That’s what Trump told Axios on Saturday after a Friday phone call, wherein the Israeli PM congratulated the American leader on the 250th Independence Day of the United States. Trump said something very […]

Charlie Kirk Assassination Case Heads For Key Hearing Authored by Janice Hisle via The Epoch Times, After months of wrangling, the case of Charlie Kirk’s alleged assassin, Tyler James Robinson, is now headed toward its first major legal threshold. Tyler Robinson, accused of killing conservative commentator Charlie Kirk last year, appears during a hearing in Utah’s Fourth District Court in Provo, Utah, on Dec. 11, 2025. Rick […]

Former Sen. Warren Staffer Attends Ayatollah’s Funeral, Calls Him “Greatest Leader Of Our Lifetime” A former Democratic Party operative who worked on campaigns linked to prominent unhinged left-wing politicians such as Elizabeth Warren, Ed Markey, and others has become a case study in how far-left radicalization can influence those on the left, spiraling dangerously and leading to the open championing of leaders of foreign […]

First $1 Billion, Now $50 Million: Khanna Says Wealth Tax “Must Not Stop At Billionaires” Rep. Ro Khanna (D-CA) – fresh off endorsing California’s November ballot measure to seize 5% of billionaire wealth – published a Substack essay Wednesday titled, no really, “Why I Support a Billionaire Wealth Tax.” He makes it roughly a dozen paragraphs before explaining that it isn’t one. “The tax should not stop at billionaires, it must […]

On 250th Anniversary, A Look Back At Gun Ownership In America Authored by Michael Clements via The Epoch Times, “A well regulated Militia, being necessary to the security of a free State, the right of the people to keep and bear Arms, shall not be infringed.” The Second Amendment to the U.S. Constitution guarantees what may be the most uniquely American of all rights. Those 27 words have inspired millions of words in thousands of […]

South Korea Plans Investment Fund From Chip Tax Revenue At a time when chip and memory companies are disproportionately receiving the benefits of hundreds of billions in capex, and a growing number of politicians are consider ways to socialize these outsized gains, Yonhap News reported that South Korea plans to create an investment fund using tax revenue from its burgeoning semiconductor industry to finance long-term economic […]

Nvidia Supplier Hon Hai Sales Beat As Continued AI Demand Offsets Consumer Electronics Decline Nvidia’s server assembly partner Hon Hai Precision Industry reported a bigger-than-expected 40% jump in quarterly sales and said AI demand is growing further, according to Bloomberg.  Hon Hai’s revenue grew to NT$2.51 trillion ($79 billion) in the three months to June, beating the average of analyst estimates of NT$2.37 trillion. […]

Iran To Grant China, ‘Friendly’ Countries ‘Special Consideration’ On Hormuz Fees Via The Cradle Iran’s ambassador to China stated on Saturday that the Islamic Republic would impose service fees on vessels transiting the Strait of Hormuz, but that China and other “friendly” countries would be granted “special considerations.” During a speech at the World Peace Forum in Beijing on Saturday, Iranian Ambassador Abdolreza Rahmani […]