Wake Up to Guitar Greatness
Today's Pick: Stanley Jordan - "Eleanor Rigby" (Live, Newport Jazz Festival, 1986)
Rise, tapping tribe! Both hands, no pick, bass and melody at once.
JASON LOWERY: "Blaming Bitcoin to protect your failing hegemony is not going to help you, your financial system is still going to collapse."
"Bitcoin didn't cause a bunch of bankers to debase savers and to destroy the purchasing power of the currency."
⚡️Homeownership is splitting into two separate classes.
Legacy owners with low fixed-rate mortgages are sitting inside a protected castle. Their debt was locked before the reset. They own an asset with old-world financing attached to new-world prices.
New buyers are entering the same asset class under a totally different regime. Higher prices, higher rates, higher insurance, higher taxes, higher repairs, higher everything. Same word, different economic reality.
That is why the housing market feels broken. Two people can “own a home” and live in completely different financial universes depending on when they bought.
This also explains the inventory freeze. A 3% mortgage is now an asset. Selling means surrendering the old rate and stepping into the new cost stack. So people stay locked in place. Mobility dies. Supply tightens. Young families get squeezed. First-time buyers face a market where incumbents are protected and entrants are punished.
The political consequence is enormous. Housing is the core American legitimacy asset. If normal working families cannot buy and carry a home, the entire middle-class story starts to rot. Marriage, fertility, local stability, savings, household formation, and belief in upward mobility all weaken.
This chart is not a housing-cost chart. It is a social contract chart.
The system told people to become owners. Then it let the ownership layer become unaffordable, overleveraged, overtaxed, overinsured, and overexposed to every broken input market in the country.
The American home is becoming less like a simple wealth-building asset and more like a subscription to the entire inflation regime.
Debt inflation.
Tax inflation.
Insurance inflation.
Repair inflation.
Labor inflation.
Materials inflation.
Local-government inflation.
A house used to be the anchor of middle-class security.
Now, for new buyers, it increasingly looks like the most expensive liability they are allowed to call an asset.
My name is Ella, I'm 17 years old.
I do long jump. I play volleyball. I go to school in New Richmond, Wisconsin.
When my school allowed a biological male into the girls' restroom without telling parents —
I went to the school board.
With my name attached.
In my own town.
I got bullied for it. Harassed online. Even some of my own teachers came after me.
I'm still here.
Because here's what I know:
The net in women's volleyball is set nearly a foot lower for a reason.
A biological male can hit a ball across that net at force that could seriously injure a girl.
And in track — all it takes is three biological males entering the girls' category
and not a single girl in this state stands on a podium.
I didn't speak up because it was easy.
I spoke up because somebody had to.
The Supreme Court is about to answer the question every girl in America is asking.
We're ready.
@JenniferSey@xx_xyathletics
Volatility tests every capital structure. Strategy remains focused on Bitcoin, disciplined capital allocation, credit quality, and long-term value creation. We appreciate our investors and will continue to execute with transparency and resolve. $MSTR
🚨 Targeted Attacks on Caitlin Clark Continue in the WNBA
When does this stop?
June 22 Fever vs. Phoenix Mercury game – Caitlin Clark (#22) assaulted on the floor: knee to groin, fist to ribs, fist/forearm to neck/throat as the Phoenix player (#25) gets up. These targeted hits on the league’s biggest star have gone on way too long.
Enough is enough. Suspensions NOW for player safety and game integrity. Clark carries the spotlight – give her fair play, not cheap shots. Refs failing again.
Fans are fed up. WNBA, do better!
(Video: AI)
#NEW Home price shifts across America's 50 largest metro area housing markets
UP the most YoY:
+5.1% -> Milwaukee, WI
+5.1% -> Hartford, CT
+4.6% -> Buffalo, NY
DOWN the most YoY:
−5.7% -> Austin, TX
−3.2% -> Las Vegas, NV
−3.0% -> Dallas, TX
Analysis via ResiClub
May new home sales were an annualized 580k, below all ests. Months' supply of homes (a measure of supply vs demand) was 10.3, the highest since Jul 2022. Usually leads y/y home prices by ~10mo, this suggests negative price growth later in 2026 or early 2027.