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July 15

S&P   Oil   FX   Gold  10Y   BTC   CLZ6
2 year at 4.147%, lower by 6.3bp | 12:25
10Y yield lower by 3.5bp to 4.557%
S&P is down 0.18%
Oil is $79.33, unchanged
Dollar index is down 0.23% to 100.69
Gold is own $18

Beige Book: Economic Activity Picked Up In 11 Of 12 Districts; Only San Fran Flat | Zero
State Department is offering grants of up to $250,000 to groups that help promote American propaganda | Libt
Treasury Secretary Scott Bessent: The Gold Is There, Says America ‘Used To Be Backed’ By It | Zero

Soft PPI is a sign that war in Iran has not been as inflationary as feared.
PPI declined 0.3% mom in June 2026, following a downwardly revised 0.6% rise in May
Core PPI rose 0.2&%, below forecasts of 0.4% and the annual core rate came in at 4.7%

AAA gasoline up to $3.890 vs $3.796 a week ago
Gasoline Prices Could Top $4 Per Gallon Within Days | Zero

SpaceX has slipped below its much-hyped $135 IPO price | Zero
Brand new $25BN bonds due 2056 now yield a junkbond-esque 7.5%

US is on the defensive. | Wauck
Iran is systematically taking apart US bases. All of Iran’s important sites are underground and well protected. American air bases are, by their nature, out in the open and vulnerable. 3 x US Air Force C-130H circling near King Faisal Air Base, Al Jafr, very unusual.. they may may be circling to avoid getting hit on the ground.
Iran No Longer Bound by MoU, Adjusts Tactics | John

Debt Rattlebr> * Trump will reportedly show newly declassified intelligence reports that reveal a foreign nation's plans to interfere in the 2020 presidential election. * Another TACO Tuesday as Trump reversed his plan to collect a 20% of cargo fee
* Medical professionals, education advocates and safety professionals support making standard time permanent
* Jagger noted that Musk’s SpaceXprovided the transportation NASA couldn’t.

The New Third Front: China Quietly Revamps Country for War | Simpl
China’s measures do not necessarily indicate an intention to initiate a large-scale military conflict, but they certainly indicate that the Chinese leadership considers such a conflict very likely and perhaps unavoidable, sometime in the late 2020s or early 2030s. It would seem that the scenarios under consideration range from severe sanctions and naval blockade to a major war with missile strikes on Chinese cities.

Left-wing activist groups have been unifying around a single cause: opposing data centers
“To the activists behind these campaigns, data centers are not just critical digital infrastructure,” Stu Smith writes. “They have become symbolic targets into which to pour broader anxieties about capitalism, technology, and power. That all-purpose role, more than problems with the technology itself, is what makes the movement against the facilities politically potent.”

Months ago, my AI data center moratorium bill was called a radical idea. | Bernie Sanders, Insta
Today, New York became the first state to enact a moratorium and a majority of voters nationwide support it.

Probably pushed by China to undermine American AI. But it boosts Elon’s space data centers | Insta

Med School Deans Stumble and Stammer at Hearing When Asked Who Can Have Babies
The Chancellor of UC San Francisco testified under oath that a "vast majority of pregnancies are in women." Implying some pregnancies occur in men. When asked directly whether a non-biological woman has ever had a baby, he refused to answer.
Gallup: Higher Education Hits Another Low in Public Trust as the Public Rejects Institutional Bias | Turley

France, Last Remaining African Team, Eliminated from World Cup | Satire


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