China’s combination of large fuel stockpiles and widespread renewable energy installations allowed it to weather the energy price shock of the Iran War better than other Asian nations, a new study found.
ECONOMIC UPDATE
We maintain our trend forecast for a Dot.com Bust 2.0 which will result in a massive crash in the heavily overvalued equity markets.
IRAN EMERGED STRONGER AFTER WAR, DESPITE TRUMP’S ‘REGIME CHANGE’ CLAIM
Security officials and geopolitical experts told The Washington Post that the Iranian government was pushed to “the brink” after the U.S. and Israel killed Ayatollah Ali Khamenei, but, four months later, the country’s new leadership has the support of the public and is more “hardline” than before.
THE EMPIRE IS CARVING IDOLS WHILE AMERICA BURNS
As our nation, its middle class, is being systematically wiped out… the Epstein Class places ITS signature(s) onto ITS masterpiece of destruction.
UKRAINE WAR MUST GO ON: NATO EXPECTED TO ANNOUNCE ‘IRONCLAD COMMITMENT’ TO ARTICLE 5 DURING SUMMIT
President Donald Trump is expected to join NATO members during a summit this week in Ankara and confirm Washington’s commitment to Article 5 of the alliance’s mandate, which loosely means that an attack on one member is an attack on all.
TRUMP REAPS ‘LIBERATION DAY’ FINANCIAL REWARDS
Money managers for President Donald Trump were busy at around the time that the White House announced its ‘Liberation Day’ tariffs and purchased and sold hundreds of individual stocks in the days following the announcement, according to a report in The Wall Street Journal.
Global Economy
SPOTLIGHT: BIGS GETTING BIGGER
During this year’s first six months, a record 47 mergers and acquisitions worth at least $10 billion each and $2.8 trillion in value have been agreed, the London Stock Exchange Group reported.
AI DEMAND DRIVES CHINA’S EXPORT GAINS IN JUNE
The AI-building boom increased China’s exports more than expected last month, the country’s official purchasing managers index (PMI) showed.
CHINA IS THE IRAN WAR’S BIG WINNER, STUDY SAYS
China’s combination of large fuel stockpiles and widespread renewable energy installations allowed it to weather the energy price shock of the Iran War better than other Asian nations, a new study found.
U.S. Economy
MARKET OVERVIEW
The Dow Jones Industrial Average added 1.14 percent on Thursday to a record close at 52,900 after setting an intraday record of 52,903.
SPOTLIGHT: THE WORLD OIL MARKET IN FLUX
The Iran War is far from settled. Mideast oil and gas production facilities and shipping terminals have been damaged and not yet repaired.
“MASSIVE EXODUS” AS PEOPLE LEAVE THE U.S. LABOR FORCE
The U.S. labor force participation rate – the share of people ages 15 through 64 working or actively seeking a job – declined to 61.5 percent in June, its smallest since 1976 aside from the COVID era, according to the Bureau of Labor Statistics (BLS).
The Iran War
TRUMP COMPARES IRAN TO A ‘SPOILED CHILD’ BUT SAYS COUNTRY HAS ‘AGREED TO JUST ABOUT EVERYTHING WE NEED’
President Donald Trump said in an interview with CNBC that Iran has agreed to “just about everything” his administration needs but was vague on the details given that Iran has not officially announced any concessions involving its red line demands.
TRUMP MAKES NEW THREAT AGAINST IRAN, SAYS THE DEAL WILL BE FINALIZED, OR ‘WE’RE GOING TO FINISH THE JOB’
6 JULY 2026: President Donald Trump told reporters at the White House on Monday that the memorandum of understanding (MOU) will be finalized, or the U.S. military will have to reengage Tehran and “finish the job.” Trump said: “And it won’t be tough to finish the job. I’d rather make a deal, because I don’t want to affect 91 million......
NO DEAL: NETANYAHU SAYS TRUMP NEVER RESTRICTED IDF ATTACKS ON LEBANON, WHICH WOULD KILL MOU WITH IRAN
Israeli Prime Minister Benjamin Netanyahu said during a cabinet meeting over the weekend that President Donald Trump never put any restrictions on the IDF’s war in Lebanon, despite Iran insisting that the war end as part of the memorandum of understanding (MOU) that was signed with the U.S. last month.
Hi-Tech Science
ZINC-BASED BATTERY STORES MORE ENERGY, LASTS LONGER
A research group led by the University of California at Los Angeles has developed a zinc-ion battery that uses a 3D-printed, honeycomb-like electrode that stores at least seven times more energy than conventional lithium-ion cells, the scientists reported.
NEW TREATMENT MAY BE THE FIRST CURE FOR OSTEOARTHRITIS
Osteoarthritis, the most common form of the condition, is the wearing away of the cartilage that cushions joints, leaving the ends of bones to grind against each other.
CHINA PURSUES DIAMOND-BASED COMPUTER CHIPS
China is investing $210 million to begin building a supply chain for its latest advanced technology initiative – diamond-based computer chips.