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I'm not a doctor.

[The Kobeissi Letter @KobeissiLetter]

It's official.

MicroStrategy, $MSTR, is now facing its biggest unrealized loss in history, at -$10.8 billion.

In other words, after 6 years of buying Bitcoin, the company is now down -17% on its position.

By comparison, the S&P 500 is up +116% over this same timeframe.

Since MicroStrategy sold 32 Bitcoin at $77,135 per coin, their positions has lost -$11.8 billion in value.

This puts MicroStrategy's stock, $MSTR, down -77% since its record high.

Bear market is an understatement.

[Brian Krassenstein @krassenstein]

MAJOR BREAKING: Iran has just cut off all diplomatic communications with the United States, shutting down official channels at a moment when tensions remain high.

Iran is playing Trump and making him look like a fool.

[Chilled Chaos @ChilledChaos]

Thank you for being a part of my life for so long :)

This weekend was something special <3

[Barchart @Barchart]

Home Foreclosures soared 26% during the first quarter 🚨🚨

[Barchart @Barchart]

BREAKING 🚨: Japan

Japanese Crude Oil Reserves plunge by largest amount in history 📉📉

[The Hormuz Letter @HormuzLetter]

BREAKING: Iran says the Trump administration is now desperately "requesting an agreement multiple times a day through various channels," to unilaterally claim a deal has been agreed, with Iran rejecting each of these requests, saying it will not respond until Iran's terms and goals are "fully achieved" and accepted, which is far from current reality, per a source close to Iran's Ghalibaf.

[Not Jerome Powell @alifarhat79]

USA and Iran trying to reach a deal

[Elizabeth Warren @SenWarren]

Memorial Day cookout. Beach trip. Visit with family.

All of it costs more this year.

That’s not an accident.

Trump’s tariffs and war in Iran are driving up your costs.

[Sen. Bernie Sanders @SenSanders]

Question for Musk: You tell us not to worry about the jobs that’ll be wiped out by AI & robotics because the government will provide everyone with “universal high income.” Really?

How will that be paid for when you can’t even support a 5% tax on your $817 billion in wealth?

[Spencer Hakimian @SpencerHakimian]

🤡

[Coffeezilla @coffeebreak_YT]

The same billionaire who falsely accuses ppl of working for the Chinese with no evidence, sues people for defamation when they say stuff he doesn't like.

Free speech for me, not for thee.

[The Kobeissi Letter @KobeissiLetter]

By far, the most incredible part about this market is the fact that the base case now shows incoming Fed Chair Kevin Warsh HIKING rates as his first policy move.

These are market-implied interest rate futures, actively betting that rate hikes are coming next.

President Trump spent the last 12 months threatening to fire Jerome Powell for not cutting rates.

He also said cutting interest rates was a “requirement” for the next Fed Chair and was actively calling for 1% interest rates.

Is Kevin Warsh actually about to raise interest rates after what happened over the last 12 months?

[The Kobeissi Letter @KobeissiLetter]

BREAKING: Japan's 10Y Government Bond Yield surges above 2.80% for the first time in history.

This truly is one of the most insane charts ever seen.

[Elizabeth Warren @SenWarren]

Trump gets:

- $100M arch
- $1B ballroom fund
- A gold coin with his face on it
- A $1.8B slush fund for his MAGA buddies

Meanwhile, he's left Americans with higher grocery bills, higher health care costs, and higher gas prices.

[unusual_whales @unusual_whales]

Trump: "I now like to raise a glass and propose a toast to the rich and enduring ties between the American and Chinese people. It's a very special relationship, and I want to thank you again. This has been an amazing period of time. Thank you, President Xi."

[Cassandra Unchained @michaeljburry]

Crypto stocks. We may be headed full-on to a Snow Crash cyber-punk future with no long-term personal relationships and digital value embedded in all of us directly correlated to the value provided to a society that increasingly devalues humanity. This may be the point in time that needs to be stopped from going forward by some future being. #snowcrash

[The Kobeissi Letter @KobeissiLetter]

BREAKING: Credit card serious delinquencies rose +0.4 percentage points in Q1 2026, to 13.1%, the highest since Q4 2010.

This is only below the 2010 peak of 13.7%, in the aftermath of the 2008 Financial Crisis.

Since Q3 2022, serious credit card delinquencies have surged +5.5 percentage points, even larger than the +3.9 point increase in 2007-2010.

Furthermore, student loan 90+ days delinquencies jumped +0.7 percentage points in Q1 2026, to 10.3%, the highest since Q1 2020.

Auto loan serious delinquencies increased +0.4 percentage points, to 5.6%, the highest on record.

US consumers are falling behind debt at a crisis pace.

[Spencer Hakimian @SpencerHakimian]

The most openly corrupt president in American history.

Bar none.

[zerohedge @zerohedge]

Americans Face The Highest Memorial Day Gas Prices On Record https://t.co/UntqMRMt3F