Financial markets and geopolitics

[iamyesyouareno @iamyesyouareno]

Isn’t multiculturalism great?

[Jeffrey P. Snider @JeffSnider_EDU]

Leisure and hospitality just added 70,000 jobs in May.

Full time jobs fell by half a million over the same stretch.

One of these numbers is lying to you.

The household survey has been down three straight months, off 300,000 positions since January. The establishment survey says the opposite. They cannot both be right.

And the timing makes it worse. Businesses were already struggling before energy prices spiked. So why would they suddenly go on a hiring spree in the one sector most exposed to discretionary spending?

They would not. Unless they were staffing up on hope, not demand. Which is exactly what the attendance numbers and the discount codes are showing right now.

The income data called this months ago. The jobs data is just catching up.

[🇦🇺 Save Australia 🇦🇺 @SaveAustralians]

THE FABIAN SOCIETY

An organisation whose emblem is literally a wolf in sheep’s clothing.

Anthony Albanese contributed his article “2020 Vision” to the Australian Fabians Review in 2020, outlining a post-pandemic future built on greater state intervention, green mandates and expanded government control. This was no coincidence. It directly ties him to the Fabian Society, an organisation whose entire project has always been subversive: the patient, deliberate replacement of free market democracy and individual liberty with collectivist control, achieved without the public ever fully realising what was happening.

Founded in Britain in 1884, the Fabian Society rejected bloody revolution in favour of something far more dangerous and effective: “permeation.” Their explicit strategy was the long-term, stealth infiltration of education, media, bureaucracy, the judiciary, political parties and cultural institutions.

Does this ring any bells?

The goal was never open debate or democratic consent. It was the gradual erosion of capitalism, private property, national sovereignty and traditional values from the inside, until society had been fundamentally transformed without voters ever being given a clear choice to stop it.

The Australian Fabian Society, established in 1947, imported and applied this same subversive model. For decades it has quietly shaped Labor thinking and policy. Albanese’s contribution to their publication, alongside many other senior Labor figures, shows he is continuing this tradition. The Fabian approach remains what it has always been: ideological capture by stealth, sold as moderate “progress,” while steadily advancing statism and diminishing freedom. Albanese’s record fits the pattern perfectly.​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​

This is deliberate, coordinated infiltration, manipulation, subversion & indoctrination.

I have a word for this, it starts with T and ends with reason.

#auspol #SaveAustralia #FireTheLiar

[Concerned Citizen @BGatesIsaPyscho]

“Is it possible the CERN collider is trying to bring in Demons from another dimension?”

“This is the current CERN collider in Switzerland - now they are going to build a bigger one”

“Is it trying to understand particle physics? Or is it trying to break the dimensions?”

[₿en Wehrman @benwehrman]

CERN is shutting down today (on a Strawberry Full Moon) and is scheduled to reopen again in 4 years, just in time for Agenda 2030.

Head on a swivel.

[🎥: @trueearther911]

[HustleBitch @HustleBitch_]

🚨 CERN IS SHUTTING DOWN NEXT WEEK — AND PEOPLE ARE STARTING TO PANIC

On June 29, CERN’s Large Hadron Collider is scheduled to shut down until 2030.

And people are starting to notice a pattern.

CERN first fired up in 2008.
Within days, Wall Street collapsed and the world was thrown into the worst financial crisis since the Great Depression.

Then CERN entered its first major shutdown in 2013.

Within 24 hours, a massive meteor exploded over Russia in one of the most powerful impacts in modern history.

Then CERN entered its second long shutdown from 2018 to 2022.

And what happened during that window?

A global pandemic.
Worldwide lockdowns.
Supply chain chaos.
Economic meltdown.
Political unrest.
And a world that never went back to normal.

Now CERN is shutting down again.
This time until 2030.

As AI explodes.
As wars escalate.
As governments push digital IDs.
As America approaches its 250th birthday.
And as CERN prepares an even bigger collider for the future.

Maybe it’s all coincidence.
But how many coincidences before it becomes a pattern?

What do you think happens over the next four years while CERN is offline?

[Hedgeye @Hedgeye]

JUST IN: Private Credit defaults hit the highest level in history

[Craig Kelly:🇦🇺Foundation for Economic Education @craigkellyAFEE]

On budget night, Jim Chalmers stood before the nation and arrogantly declared that Treasury ‘modelling’ showed his tax reforms would have a "negligible impact" on rents - a mere $2 per week.

However the latest PropTrack data exposes Jim Chalmers’ claim as a fraud.

Rents have already exploded in the June quarter — the very first full quarter since these reckless reforms were announced.

In Sydney, average house rents rocketed 6.3% — a savage $50 a week jump — to a new record high of $850.

That’s 25 times higher than the nonsense Chalmers peddled to the nation.

Nationally, rents surged 3.1%, delivering an average $21 weekly increase — more than ten times what Treasury’s fantasy modelling predicted.

And this is just the beginning.

Domain’s chief economist confirmed what everyone with eyes can see: the acceleration was “too sudden and concentrated to be explained by seasonal factors alone.”

Their rent modelling wasn’t just wrong. It was catastrophically, embarrassingly wrong — off by a factor of ten within weeks.

If Treasury can’t even get a basic supply-and-demand equation right on rents — something any half-competent economist should nail — then who the hell can we trust their modelling on broader Capital Gains Tax changes, Net Zero and electricity costs ?

This isn’t just mere incompetence.

This is the Albanese Labor regime in full flight: a government that has stacked the Canberra bureaucracy with partisan lackeys, ideological toadies, and spineless careerists who know the only path to promotion is to suck up to their political masters and cook the books accordingly.

We are being governed by a pack of clueless clowns, that are a nothing but a bunch on unionised and political hacks wity no experience in the commercial world and are completely out of their depth.

The Albanese regime is the worst and most incompetent government in our nation’s history - and even the most rusted on one-eyed Labor supporters are now openly admitting this.

Australia is in serious, deepening trouble under these clowns.

[QE Infinity @StealthQE4]

So the FFR is 3.50%-3.75%.

Basically the bond market is starting to price in 2 Fed rate hikes.

Remember, the FFR always follows the 2 year bond yield.

[Global Markets Investor @GlobalMktObserv]

🚨THIS HAS NEVER HAPPENED THIS CENTURY:

The correlation between the S&P 500 equal-weighted index and the S&P 500 itself has dropped to ~78%, its lowest level on record.

This is happening because a small group of mega-cap stocks continue to dominate the index.

The 10 largest companies account for 43% of the S&P 500's capitalization, while the smallest 250 companies contribute just 8%, causing the rest of the market to move much more independently.

This concentration is hiding rising risks underneath the surface.

The gap between individual stock volatility and overall index volatility, known as dispersion, is at record highs even as the VIX remains unusually low.

Low correlation has also encouraged strategies that rely on calm markets, including option selling, risk parity, and systematic dip-buying.

That calm could disappear quickly if correlations rise again, which usually happens when a major macro shock hits companies across the market at the same time.

Markets this concentrated and this complacent rarely stay stable for long.

[Thierry from arvy 🇨🇭 @ThierryBorgeat]

Every major asset bubble of the last century, measured from launch to peak:

– Dow, 1903-1929: +1,200%
– Gold, 1970-1980: +2,400%
– Nikkei, 1979-1989: +2,000%
– Nasdaq, 1980-2000: +3,900%
– Gold, 1999-2011: +760%

Now the two entries still being written:

– Nasdaq, 2009-today: +1,918%
– Gold, 2015-today: +420%

The current Nasdaq run has already outgained the Dow into 1929. It's approaching the Nikkei into 1989.

But notice what the list also says: the Nasdaq into 2000 ran to 3,900%. Bubbles don't die at round numbers. The most violent gains of every run on this list came in the final stretch, after the sober money had already left.

1929, 1989, 2000. Every completed entry became a year we use as a warning.

The red entries don't have their year yet.

My guess is
NDX 2028
Gold 2029

[InfoGram @_InfoGram_]

2:00 PM: 🇺🇸 U.S. judge ordered the DOJ to unredact Jeffrey Epstein files which name alleged co-conspirators.

5:00 PM: 🇺🇸 Trump REJECTED Court order to hand over redacted Epstein files.

8:00 PM: 🇺🇸 Trump began bombing Iran. The war restarted.

You connect the dots.

[Crush The Market @crushthemarket]

Another great reason to buy stocks. Nothing seems to matter anymore.

[Kevin Malone @Malone_Wealth]

Wow. For the first time I have ever seen, 200/200 of the largest insider trades over the week were all SELLS. This is absolutely not normal.

[ThiccTeddy @ThiccTeddy]

The $SPY weekly crossover trading strategy:

1) Add the 20sma & 50sma on the $SPY weekly chart
2) Set an alert for when the 20sma crosses below the 50sma
3) Go long when the 20sma crosses back above the 50sma

This strategy has a 100% win rate over the last ~20 years

[The Great Martis @great_martis]

The US 10-year yield has broken out of its consolidating pattern.

This not good
This very bad.

[Financial markets and geopolitics @camillo8941]

@Telstra Bastards criminals

[Menthor Q @MenthorQpro]

1/ Markets don't move in isolation.

A rally in stocks can affect bonds. Oil can influence currencies. Interest rates can reshape almost every asset class.

That's the foundation of global macro: understanding how markets connect not just how they move individually.

[Investing With Brandon @Invest_Brandon]

THE "UNTHINKABLE" WILL HAPPEN IN THE NEXT 60 DAYS TO THE STOCK MARKET

[Bull Theory @BullTheoryio]

THE MOST DANGEROUS MARKET IN THE WORLD RIGHT NOW IS JAPAN.

Japan's 10 year and 20 year bond yields just hit 30 year highs.

Both moved to their highest levels in three decades.

The 10 year yield is up 137 basis points over the past 12 months, and up another 9.1 basis points in just the last 4 weeks. The move is accelerating, not slowing down.

1. 10 year JGB yield: 30 year high
2. 20 year JGB yield: 30 year high
3. 10 year yield: +137bps over 12 months, +9.1bps over 4 weeks
4. 20 year auction demand: weakest since the May 2025 rout
5. Yen: trading near 40 year lows
6. Japan debt to GDP: over 200%
7. Japan foreign reserves: over $1 trillion, 2nd largest in the world

Two things are happening on the supply and demand side at the same time.

On supply, Tokyo just announced a plan to mobilize over ¥370 trillion ($2.29 trillion) in public and private investment through fiscal 2040. That means more bond issuance ahead.

On demand, the Bank of Japan is the buyer stepping back. The BOJ is tapering its JGB holdings, targeting a reduction to about ¥480 trillion by March 2027, roughly 17% below its June 2024 level. That's the largest buyer of Japanese debt pulling back exactly when new issuance is rising.

Private banks can't fully absorb the gap.

Japanese megabanks run an average bond duration under 2 years, well short of the 9.5 year average maturity of outstanding JGBs. That mismatch is a structural reason the 20 year auction just saw its weakest demand in over a year.

Less demand at auction plus more supply plus a smaller BOJ bid means yields get pushed higher mechanically, not just sentimentally.

At the same time, the yen near 40 year lows is pushing the BOJ toward higher rates to defend the currency, which conflicts with keeping borrowing costs low for the government's spending plan.

Japan holds the largest foreign reserve stockpile in the world and has funded cheap borrowing globally for years through near zero rates. If Japanese yields keep climbing, capital funded by cheap yen borrowing and parked in higher yielding assets abroad has more reason to come home.

That's the yen carry trade unwinding, and it's one of the direct channels through which Japanese bond stress spreads into global risk assets.