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July 22

S&P   Oil   FX   Gold  10Y   BTC   CLZ6
S&P is down 0.39% | 8:30
Oil is $86.72, up almost 3% on dimming hopes for peace talks
10Y yield is up 1.5bp to 4.644%
Gold is is up $54

Gold touched its highest level since July 7 earlier in the session, supported by safe-haven demand and technical buying as investors monitored escalating Middle East tensions and awaited next week's Federal Reserve meeting for clues on the US interest rate outlook.

Trump Suggests He May Restart Bombing Yemen | Anti-War
Syrsky is Out, The Saudis are Blockaded | John
Today: Congress Votes To Integrate US Military Tech & Supply Chains With Israel | Zero

AAA gasoline is $4.060 vs $3.929 a month ago
Markets continue to price in two hikes by March 2027, with a 70% as early as September
Housing Deflation in Condo Market | Wolf

Debt Rattle
* CNN: Trump’s own party approval is highest this century for a president at this point in 2nd term
* Democratic Socialists of America platform has some of the most insane, woke policies you could imagine
* Senate Intelligence Community Vice-Chairman Mark Warner protects corrupt FBI
* Do we really think valid and secure elections are in the interests of a corrupt FBI organization?
* Rand Paul Discloses Evidence FBI Blocked CBP Interview Of Fauci Ally

Democrats Brace for the Return of Kamala Harris
Remember a classic skit from the glory days of Saturday Night Live: “The Thing That Wouldn’t Leave.”

Taxpayers Are Bankrolling the Socialist Conquest of the Democratic Party
Under New York City’s public campaign-finance system, that qualifying contribution is matched by the taxpayers at a rate of 8 to 1 on the first $250. Her gift generates $2,000 in public money, and the candidate banks $2,250. One donation became nine. Multiply that transaction by 20,000 committed donors and you begin to understand how Zohran Mamdani became mayor of the largest city in the US, and why the socialist left keeps defeating Democratic incumbents

They Call It 'Labour,' But the Entire Cabinet Has Barely Had a Job Outside NGOs or Government | Hot
The far-left is driven by over-educated failures who can’t succeed in the real world | Insta

A continuing boom on Wall Street keeps the economy expanding
Surprise! NYC Nets 40,000 New Jobs on Wall Street Surge. The new jobs numbers come as Mamdani is expected to announce Wednesday that he will appoint government veteran Anthony Shorris, currently a partner at mega-consultant McKinsey & Company, as head of the city’s Economic Development Corp. — a clear sign that the mayor has heeded the calls of business leaders to name someone who can boost the economy rather than emphasize progressive policies.

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