Sam Fearnside

[Financelot @FinanceLancelot]

The largest mortgage lender in the U.S. United Wholesale Mortgage ($UWMC) plummeted 35% today after reporting a massive Q2 2026 net loss of $451.9 million & suspending its common dividend

The fall below the $1 threshold is sparking fears of another potential 2008 Lehman collapse

[Eric Spracklen 🇺🇸 @EricSpracklen]

All signs are pointing to the total and imminent collapse of the United States housing market.

What is about to happen will make 2008 look like nothing.

Don’t say you haven’t been warned.

[Nicholas 🏴󠁧󠁢󠁥󠁮󠁧󠁿 @ncarowland]

Brings me so much joy this. Get it gone and give us our game back

[JustDario @DarioCpx]

Do you know what I find funny about all that's happening? Trump and his muppets are so desperate to claim a victory that they aren't realising Iran and Oman aren't negotiating as equals, but Iran is staging all of this to formalise its control over the Strait of Hormuz

[AheadoftheNews @AheadoftheNews]

This is the most corrupt market manipulation in our history, at least since I have been trading (30 years). Because it involves POTUS, which is staggering.

[The Hormuz Letter @HormuzLetter]

BREAKING: Iran rejects US Treasury Sec. Bessent's and Trump's claim that the Strait of Hormuz will open tomorrow under a new deal, saying Iran-Oman Hormuz negotiations, held without US participation, are instead aimed at establishing an "intermediate corridor" that will halt both the current Iran-controlled northern and US-backed southern routes, giving Iran as a coastal state fully protected sovereignty, interests, and national security, an informed source tells Press TV.

Iran adds "Trump has violated his commitments, and Iran is moving forward with its plan to establish arrangements in the Strait independently of US threats, and it will succeed," saying "Iran does not shape its interests and priorities based on schedule or demands of Trump."

The agreement with Oman would grant Iran total sovereign authority over all inbound maritime traffic, with Oman's limited role being to clear outbound vessels but only after notifying Iranian officials, ensuring Iran retains visibility and the option to intervene.

[Philip Pilkington @philippilk]

If they are lying this blatantly and obviously it must mean the US Treasury market is truly on the brink. 🇺🇸🇮🇷

[Rand @rand_longevity]

its scary but most people really have no idea how much the world is about to change

[Jerry Tworek @MillionInt]

It is mindblowing to me how few people realize that their lives and everything they know will change drastically in the near future.

At this point, it should be pretty clear.

[Financelot @FinanceLancelot]

The year is 2028 and you wake up to realize the Iran war has been won 729 times

[Data Driven Stocks @stockdatamarket]

No one cares what Iran says: the market knows fake news is the best source of price action.

Oil could easily go negative if we get a few more "Strait of Hormuz fully open" headlines this month.

Meanwhile, the reality is that not only is the Strait of Hormuz closed, but the Bab-el-Mandeb Strait is almost closed. While theUAE ports could also be blocked by Iran.

Russia, meanwhile, is struggling to even meet its own regional gas demand, simply because it's running low on oil.

THE WHOLE DOMINO WILL FALL WHEN ONE COUNTRY DECLARES AN EMPTY STRATEGIC RESERVE. THEN THINGS WILL GO EXPONENTIAL!

[Michael A. Gayed, CFA @leadlagreport]

This is the DUMBEST AND MOST GULLIBLE RETARDED MARKET IN HISTORY HOLY SHIT HOW IS EVERYONE STILL FALLING FOR THIS

[Carolina Lion @CarolinaLion2]

Oil crashing to $79.00 while Iran lights up another oil tanker is one of those things that highlights the absurdity of this situation.

[The Hormuz Letter @HormuzLetter]

BREAKING: Iran's IRGC has just launched an anti-ship cruise missile from Sirik toward the Strait of Hormuz per initial reports, with the likely target being an oil tanker sent by the US that switched off its AIS an hour ago while passing through the US-backed southern route.

This comes as Trump simultaneously claims just minutes ago "there's a deal on Hormuz and there will be a deal on denuclearization" with "new Iran negotiations to begin Monday afternoon."

[The Hormuz Letter @HormuzLetter]

BREAKING: Iran announces it will strike the world's most important energy facilities, located in Arab countries and Israel, all within range of Iran's precision missiles, in response to any new US and Israeli strikes, per Fars:

1. Ghawar Oil Field, Saudi Arabia, backbone of Saudi production, disruption puts 5%+ of world oil supply at risk

2. Abqaiq + Khurais, Saudi Arabia, 7M+ bpd throughput, world's largest oil stabilization plant

3. Ruways Refinery + Zakum Oil Field, UAE, 2nd largest offshore oil field, 1M+ bpd

4. North Ghadir Gas Field + Ras Laffan LNG, Qatar, world's largest gas field with 25% of proven reserves, 20% of global LNG trade

5. Burgan Oil Field, Kuwait, 67B barrel reserves, 2M bpd

6. Sitrah Refinery + Al-Mihaj, Bahrain

7. Leviathan + Tamar Gas Fields, Israel, Israel's largest + 2nd largest gas fields

Iran adds that during the 40-day war Iran bombed Qatar's most important gas refinery in response to a strike on South Pars facilities, with Trump apologizing on Truth social promising "it will not happen again."

[Chris Martenson @chrismartenson]

Prediction: The world will hit the "suction line" at tank bottoms before anybody from the US will get serious about negotiations. But it will be too late by then to save the economy and financial markets.

[Energy Burrito™️ @energyburrito]

US commercial crude just drew 7.167M barrels.
Biggest drop in 6 weeks.
Expectations were a +1M build.
Inventories now at their lowest level since 2018.
Add the SPR draw and the total US crude drop this week is roughly 11 million barrels.
The market is about to get a big reality check.