Ivanna Quiroz

Forex & investing 📈
Building a life without limits 🌎

[The Kobeissi Letter @KobeissiLetter]

BREAKING: US oil prices crash below $70/barrel for the first time since March 1st.

[Marco @maarcoofdezz]

Dos ingenieros de Anthropic pasaron 24 minutos exponiendo cada función de Claude Code que no sabías que existía y gratis.

La mayoría de las personas pasarán de largo este contenido

[Brew Markets @brewmarkets]

Happy Wednesday.

[The Kobeissi Letter @KobeissiLetter]

BREAKING: The S&P 500 is set to add +$900 billion today after the US and Iran announce a peace deal.

The index is now just 1.2% away from a new record high.

[The Kobeissi Letter @KobeissiLetter]

BREAKING: President Trump says the deal with Iran is “now complete.”

“I hereby fully authorize the toll free opening of the Strait of Hormuz… let the oil flow,” Trump says.

[The Kobeissi Letter @KobeissiLetter]

BREAKING: US oil prices crash below $81/barrel after Pakistan announces that the US and Iran have reached a peace deal.

[The Kobeissi Letter @KobeissiLetter]

BREAKING: Pakistan's Prime Minister announces that the US and Iran have officially reached a peace deal and the official signing will take place on June 19th in Switzerland.

"Both sides have declared the immediate and permanent termination of military operations on all fronts, including in Lebanon," he says.

[Lewis Hamilton @LewisHamilton]

REMEMBER WHO YOU ARE

[Formula 1 @F1]

FIRST WIN IN RED ❤️

#F1 #BarcelonaGP

[The Kobeissi Letter @KobeissiLetter]

BREAKING: SpaceX, $SPCX, is now the 7th most valuable public company in the world, worth $2.19 trillion.

[The Kobeissi Letter @KobeissiLetter]

BREAKING: The SpaceX, $SPCX, IPO will be quoted at 9:50 AM ET today and begin trading at 10:00 AM ET.

Currently, the stock is indicated to open ~25% higher, making SpaceX the 7th largest public company in the world and Elon Musk the first trillionaire in history.

[The Kobeissi Letter @KobeissiLetter]

BREAKING: President Trump says he has cancelled scheduled strikes on Iran and the time and place of a deal signing will be “announced shortly.”

[The Kobeissi Letter @KobeissiLetter]

BREAKING: May CPI inflation rises to 4.2%, the highest level since April 2023.

Core CPI inflation also rises to 2.9%, the highest since September 2025.

Inflation in the US is officially back above 4% and more than double the Fed's target.

Odds of Fed rate hikes are rising.

[Formula 1 @F1]

KIMI ANTONELLI DOMINATES TO WIN IN MONACO! 🏆👏

What an outstanding drive from Kimi! 😎

#F1 #MonacoGP

[Roland-Garros @rolandgarros]

Roland-Garros dream: achieved ✨

#RolandGarros

[The Tennis Letter @TheTennisLetter]

THE MOMENT MIRRA ANDREEVA BECAME A GRAND SLAM CHAMPION.

The youngest woman to win this title since Monica Seles 34 years ago.

Only 19 years old, doing historic things.

🥹🥹🥹🥹

[Cathie Wood @CathieDWood]

The jobs report was a barnburner. Nonfarm payrolls increased by 172,000 versus expectations for 88,000, while prior months were revised higher by 93,000. Wage growth came in at roughly 0.3%.

Yet the market sold off.

In our view, the market is misreading the signal. It is assuming that stronger than expected employment and growth will cause a an acceleration in inflation. History would suggest otherwise. 

Productivity growth is running near 3%, while unit labor costs are hovering around 0.5%. Those are not the hallmarks of an inflationary boom. They are the hallmarks of healthy, productivity-driven growth that will lower inflation.

Meanwhile, the yield curve continues to flatten despite a roughly 55% increase in oil prices year-over-year based on a three month moving average. In past cycles, an energy shock of this magnitude steepened the yield curve when the Federal Reserve was accommodating it. Instead, the bond market appears to be discounting something much more powerful: the deflationary impact of technological innovation, particularly artificial intelligence, which is beginning to increase productivity across broad swaths of the economy.

If tensions with Iran ease and oil prices retreat, we believe inflation could move into negative territory before year-end.

In our view, the Fed made a historic policy error when it raised rates aggressively into what was largely a supply-driven inflation shock in 2022. We do not believe the next generation of monetary policymakers will be eager to repeat that mistake.

Notably, gold peaked on the day Kevin Warsh was appointed. The inflation trade may already be behind us.

If our research is correct, the next phase of this cycle could be characterized by accelerating growth, declining inflation, falling interest rates, and a strengthening U.S. dollar. That combination would create a remarkably supportive backdrop for innovation-led equities and the technologies driving the next productivity boom.

I discuss this framework in greater detail in this month’s episode of In The Know.

[Brew Markets @brewmarkets]

Happy Friday.

[The Tennis Letter @TheTennisLetter]

Andreeva d. Marta Kostyuk 6-1 6-3

Mirra is a Grand Slam finalist at 19 years old.

One of the most composed performances you’ll ever see.

✅1st Roland Garros final
✅35th win of 2026 (most on tour)

A once in a lifetime talent.

Massive moment for tennis.

💖

[The Kobeissi Letter @KobeissiLetter]

Key Events This Week:

1. May ISM Manufacturing PMI data - Monday

2. April JOLTS Job Openings data - Tuesday

3. May ISM Non-Manufacturing PMI data - Wednesday

4. Initial Jobless Claims data - Thursday

5. May Jobs Report - Friday

6. Total of 7 Fed Speaker Events This Week

This week is all about the labor market.