First LNG Tanker Crosses Hormuz After Deal Announcement As Most Ship Managers Remain Cautious An LNG carrier successfully passed through the Strait of Hormuz early on Monday, the first tanker carrying energy products to clear the chokepoint since the U.S. and Iran announced a deal to reopen the Strait later this week, according to OilPrice.com While tanker owners and operators remain cautious about rushing to send vessels to the […]

White House Suspects NY Times Reporters Have Situation Room Recordings Senior Trump administration officials are convinced that two New York Times reporters have somehow obtained recordings of White House Situation Room meetings, which would represent an astounding breach of security, Axios reported on Sunday.  “We’re afraid some of our most sensitive conversations were being recorded,” a White House official told Axios. “And we […]

Deal Done? US-Iran MOU Electronically Signed, Details To Be Released In 24-48 Hours: Report Summary: A deal has been electronically signed by Iran’s Ghalibaf, according to US officials cited by CNBC Opening the strait will take time due to mines, and to expect an increase in traffic in 1-2 weeks Details to be released in 24-48 hours Trump: Ships starting to move through strait or Hormuz Vice President JD Vance Begins Optics […]

Nvidia To Raise $20BN In Debt From First Bond Sale Since 2021, As AI Debt Frenzy Goes Parabolic Over the weekend, we published a length report analyzing what we dubbed “the $1.8 trillion off-balance sheet time bomb at the heart of the AI supercycle”,  which focused on the recent surge in popularity of off-balance sheet SPVs, as well as $1 trillion in long-term purchase commitments, and $800bn in lease commitments, which support the […]

U.S. Gas Prices Slip Below Politically Sensitive $4 Level For First Time In Months Summary: GasBuddy’s U.S. Gas National Avg. Falls Below $4 per gallon  AAA’s U.S. Gas National Avg. still slightly Above $4 per gallon (expected to fall)  US-Iran Peace Deal Sends Brent and WTI Tumbling  Patrick De Haan, a petroleum analyst at GasBuddy, wrote on X that the national average price of gasoline has finally slipped below the […]

Protests In Los Angeles As Iranian Soccer Team Arrives For 1st World Cup Match Iranian Americans protested against the regime in Tehran as the Iranian soccer team arrived in Los Angeles for their first World Cup match against New Zealand on June 15. As the team arrived at the Los Angeles Galaxy’s training ground in Carson, a small group of Iranian Americans shouted, “Down with terrorists!” The Iranian national team, which […]

So, What Do We Know? By Benjamin Picton, Senior Market Strategist At Rabobank A deal is struck and the parties are reportedly set to sign on Friday of this week. Markets are jubilant after an agreement was confirmed by US, Iranian and Pakistani sources, but not without first being threatened by Israeli strikes on Hezbollah in Lebanon which prompted a telling-off by Donald Trump on Truth Social where he told everyone “don’t blow […]

Drinking The Court-Packing Kool-Aid: Buttigieg Joins The Calls To Take Over Supreme Court Authored by Jonathan Turley, Former Transportation Secretary Pete Buttigieg apparently got the message this week that he cannot hope to win the Democratic nomination without promising radical measures, including the packing of the Supreme Court. After denouncing the current Court as “rogue” for not ruling as the left has demanded, […]

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 […]

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 […]

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 […]