❤️𝓛𝓲𝓿𝓘𝓷𝓢𝓽𝔂𝓵𝓮

🇺🇸🤍🇹🇼
Coffee ☕ | Travel ✈️ | Cat slave 😺
🇺🇸 America First ♡
⛔Fake account ⛔porno⛔robot

[❤️𝓛𝓲𝓿𝓘𝓷𝓢𝓽𝔂𝓵𝓮 @LivInStyle1005]

Money isn’t everything, but it gives you the freedom to protect the people you love and live life on your own terms!😉

[Breaking911 @Breaking911]

At least 21 people, including 19 first responders, were injured in a five-alarm fire in Flushing, New York. The massive blaze has since been brought under control.

[Barchart @Barchart]

S&P 500 relative to M2 Money Supply just hit the exact same level that marked the peak of the Dot Com Bubble 🚨 🚨 🚨

[Watcher.Guru @WatcherGuru]

Cryptocurrency Performance Year to Date

$BTC: -29.72%
$ETH: -40.48%
$BNB: -36.52%
$XRP: -47.43%
$SOL: -44.49%

[The Kobeissi Letter @KobeissiLetter]

China’s liquefied natural gas imports are skyrocketing:

Weekly LNG deliveries into mainland China jumped +137% week-over-week in the week ending July 19th, to nearly 2.0 million metric tons, the highest in 22 months.

China’s LNG imports have more than quadrupled since mid-February.

The same week also marked the first US-origin LNG cargo to arrive in China since February 2025.

This also follows an +8.3% YoY surge in monthly LNG imports in June, to 5.68 million tons, marking the 2nd consecutive monthly increase.

Meanwhile, Australia supplied 43% of China's LNG imports so far in July, well ahead of Malaysia, Russia, and Qatar.

China is stockpiling LNG.

[The Kobeissi Letter @KobeissiLetter]

BREAKING: Global stock market cap is up to 137% of global GDP, near the highest on record.

The ratio has risen +40 percentage points since April 2025, matching the peak levels seen during the 2021 meme stock frenzy.

By comparison, this figure peaked at ~120% before the 2008 Financial Crisis.

This comes as global equity market cap surged to a record $166 trillion this month.

The US stock market alone accounts for ~$77 trillion, or ~46% of the global total.

AI is driving historic growth in equity markets.

[TrendSpider @TrendSpider]

Energy is waking back up 👀 $XOM

[The Kobeissi Letter @KobeissiLetter]

BREAKING: The S&P 500 erases all gains and turns red on the day as the Iran War escalates and technology stocks fall.

[The Kobeissi Letter @KobeissiLetter]

BREAKING: President Trump ordered the US Military to not carry out planned strikes on Iran Friday night, despite previously approving the strikes, per Axios.

This came just hours after talks mediated by Oman over reopening the Strait of Hormuz reportedly resumed.

[The Kobeissi Letter @KobeissiLetter]

BREAKING: US job postings on Indeed fell -3.5% YoY in the week ending July 10th, to near the lowest this year.

Postings have declined -37.2% since April 2022 and are now down to February 2021 levels.

The number of available vacancies in the US is now only +1.0% above pre-pandemic levels recorded in February 2020.

Furthermore, new job postings on Indeed dropped -10.9% YoY, to the lowest since early January, continuing their over 4-year decline.

As a result, new job postings are now -3.5% below February 2020 levels.

This all suggests a further deterioration in official BLS job openings data for June and July.

The US labor market is losing momentum.

[The Kobeissi Letter @KobeissiLetter]

BREAKING: The Nasdaq 100 extends losses to over -2.5% on the day as the Iran War escalates and technology stocks drop on earnings results.

The S&P 500 has now erased -$900 billion in market cap today.

[The Kobeissi Letter @KobeissiLetter]

BREAKING: The US 10Y Note Yield officially surges above 4.70% for the first time since January 2025.

This puts yields above the "Liberation Day" high in April 2025, set to drive interest rates to new 52-week highs.

The bond market is flashing red.

[The Kobeissi Letter @KobeissiLetter]

$100 oil is back.

Brent crude oil prices are now officially trading above $100/barrel up +42% in 20 days.

Inflation expectations and interest rates are rising sharply again.

[The Kobeissi Letter @KobeissiLetter]

BREAKING: President Trump says the US will “hold Iran responsible” for strikes conducted by Yemen’s Houthis.

Last night, the Houthis struck two Saudi Arabian vessels in the Red Sea.

[The Kobeissi Letter @KobeissiLetter]

BREAKING: US oil prices rise above $90/barrel for the first time since June 11th.

[The Kobeissi Letter @KobeissiLetter]

BREAKING: Brent crude oil prices surge above $98/barrel after Yemen’s Houthis strike two Saudi Arabian oil tankers.

[The Kobeissi Letter @KobeissiLetter]

BREAKING: US oil prices surge above $88/barrel as the Iran War continues to escalate.

Oil prices are now up +31% since July 2nd.

[The Kobeissi Letter @KobeissiLetter]

Chinese investors are buying the dip:

China's largest tech fund, the Star 50 ETF, attracted a record +$2.0 billion in inflows on Monday, its largest daily intake on record.

This is more than twice the previous record set in December 2020.

As a result, the Star 50 index surged +11% on Tuesday, its biggest daily gain in nearly 2 years.

This follows a -17% decline last week as investors unwound leveraged positions by the largest amount since the 2015-2016 equity market crash.

China’s "National Team" ETFs have attracted +$10.0 billion in inflows over the last 3 trading sessions, the largest intake since April 2025.

Meanwhile, at least 5 of China's largest insurers have pledged to boost stock market investments, with China Life alone buying over +$1.5 billion of stocks and funds.

Chinese investors remain eager to buy dips.

[The Kobeissi Letter @KobeissiLetter]

Global investors have rarely been this bullish:

Bank of America's Bull & Bear Indicator is up to 9.6 points, the highest since December 2020.

The gauge measures equity and bond fund flows, hedge fund and fund manager equity positioning, credit market conditions, and market breadth.

This metric is now at its 3rd-highest level in 24 years, indicating an extremely positive market sentiment.

This comes as 5 out of 6 indicator components show bullish and very bullish readings, with only global stock market breadth at neutral.

The most recent increase in the gauge has been driven by fund manager cash allocation, which has fallen -0.5 percentage points month-over-month, to 3.6%, near the lowest in 13 years.

Investor appetite for stocks has rarely ever been stronger.

[The Kobeissi Letter @KobeissiLetter]

We are in the midst of the biggest technological revolution in modern history.

Alphabet, $GOOGL, just raised their full-year 2026 CapEx guidance to up to $205 billion.

This annual CapEx budget alone is larger than the market cap of all but 85 companies in the world.

The Magnificent 7 will soon spend over $1 trillion in combined annual CapEx.

This is a once-in-a-lifetime technological revolution.

[The Kobeissi Letter @KobeissiLetter]

BREAKING: US oil prices surge above $85/barrel for the first time since June 12th as the Iran War escalates.