President Donald Trump’s wealth surged during his second term and ballooned by $2.24 billion in 2025, as critics accuse the president and his family of using the White House for self-enrichment.
ECONOMIC UPDATE
As we have forecast, the Dot-com Bust 2.0 is the way of the equity market world, and it will be a market crash heard around the world.
SPOTLIGHT: CHINA’S MARCH TOWARD GLOBAL TECH DOMINANCE
China has begun a diplomatic initiative around AI development in developing nations.
IRANIAN ATTACKS TARGET U.S. BASES IN PERSIAN GULF
Iran targeted U.S. bases in countries across the Persian Gulf during the latest escalation in the war, including Bahrain, Jordan, Iraq, and Kuwait – making good on the promise to attack countries that allow the Pentagon to stage attacks from their territory.
Bond Market Trouble…RECORD OUTFLOWS. (A Red-Flag For The Debt Market).
Investors pulled a record $7.1 billion from US investment grade bond funds during the week ending July 22.
GEN Z REVOLUTION: INDIA FORCED TO DEAL WITH SURGING SUPPORT FOR ‘COCKROACH PARTY’
New Delhi has been forced to deal with surging support for the so-called “Cockroach Janta Party” as violent protests break out across the country because of the young people’s discontent with the status quo.
SURVEILLANCE STATE: MORE THAN 117,000 AUTOMATED LICENSE PLATE READERS ARE ACROSS U.S.
A report last week found that there are more than 117,000 surveillance systems across the U.S. that can zero in on license plates, which would allow law enforcement to track the locations a specific vehicle has visited – raising new concerns from privacy advocates about the slippery slope to a surveillance state.
Global Economy
SPOTLIGHT: BIGS GETTING BIGGER
Private equity giants Blackstone, Brookfield Asset Management, and KKR together are paying $16 billion to share a 49-percent stake in a joint venture involving all of Kuwait’s oil pipelines.
SPECIAL REPORT: THE RACE FOR RARE EARTH METALS
What lithium is to batteries, rare earth metals are to electronic technologies.
EUROPE STOCK MARKET RALLY IS DRIVEN BY JUST 10 STOCKS
The Stoxx Europe 600 Index has gained 8.8 percent this year, reaching its highest mark in more than five years.
U.S. Economy
MARKET OVERVIEW
Last week’s renewed fighting along the Persian Gulf boosted oil prices, leaving investors uncertain.
THE NEW RICH REDEFINE LUXURY SPENDING
In the past, old wealth spent big on five-figure dresses and Coach leather goods.
U.S. TECH COMPANIES HAVE DUMPED 140,000 WORKERS THIS YEAR
U.S. tech companies, large and small, have laid off about 140,000 workers so far this year as spending on AI infrastructure is approaching $1 trillion.
The Iran War
TRUMP IN AN ‘IMPOSSIBLE CONUNDRUM’ IN THE STRAIT OF HORMUZ, MILITARY EXPERTS SAY
President Donald Trump announced the memorandum of understanding (MOU) with Iran in June by telling shipping companies that the Strait of Hormuz is open for business, but has since failed to deliver on that promise, and now finds himself in an “impossible conundrum” in the waterway, according to military officials.
TRUMP SAYS MOUNTING DEATH TOLL, COSTS TIED TO IRAN WAR WILL NOT IMPACT HIM
President Donald Trump told reporters last week that he is not concerned if the Iran War will be politically taxing for Republicans during November’s crucial midterm elections.
U.S. MILITARY INDUSTRIAL COMPLEX GETS RICHER AS WE THE PEOPLE OF SLAVELANDIA GET POORER
Demand for weapons because of the Ukraine and Iran wars has resulted in top U.S. weapons manufacturers forecasting higher future profits because supply cannot keep up with demand, according to the Financial Times.
The Israel War
GAZA/LEBANON DEATH TOLL
Israel has killed at least 73,333 Palestinians and wounded another 174,023 since the start of its genocidal war in Gaza in October 2023.
SIX KILLED IN WEST BANK VIOLENCE, INCLUDING FOUR PALESTINIANS
The West Bank saw one of its most violent days in the past year on Friday in a shooting that left four Palestinians and two Israelis dead when so-called settlers attacked a village, The New York Times reported, citing Palestinian officials.