Voyager 1 is the fastest and most distant object ever built by humans
Launched in 1977, Voyager 1 is still racing through interstellar space at about 17 km/s (10.6 mi/s). In November 2026, it will become the first human made object to reach one light-day from Earth
Bond markets are flashing red.
Today, the US 30Y Note Yield officially hit its highest level since July 2007, at 5.19%.
This will soon become Americans’ biggest problem, yet the vast majority do not even know it is happening.
What is happening? Let us explain.
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This is incredible:
Elon Musk will receive 200 million super-voting shares in SpaceX ONLY IF the company establishes a permanent Mars colony with at least 1 million people.
In other words, Elon Musk will only receive this pay package if 1 million people live on Mars.
In other words, Elon Musk's biggest goal is now establishing a colony on Mars with a similar population as Dallas, Texas.
Musk is so optimistic about this goal that the vast majority of his pay is now contingent on it.
Life on Mars is closer than many expect.
The US demographic situation is getting worse:
The total fertility rate fell to 1.57 births per woman in 2025, the lowest since the data began in the 1930s.
A rate below 2.1 births per woman means a population is no longer replacing itself and is shrinking when excluding immigration.
The fertility rate has been effectively below 2.1 births per woman since the 1970s.
Furthermore, the general fertility rate, measured as births per 1,000 women aged 15 to 44, fell to 53.1 in 2025, an all-time low, continuing a decline that began in 2007.
Additionally, birthrates for women in their late 30s exceeded those for women in their early 20s for the first time on record in 2025.
America is heading into a demographic crisis.
Tonight's situation is incredibly puzzling.
In President Trump's address to the nation just now, he effectively reread many of his recent social media posts out loud.
Between threatening Iran's power plants, saying the Iran War would last 2-3 more weeks, and calling out NATO, there was nothing new.
Yet, the market is now trading like the Iran War is ramping up for another month-long escalation.
Why? Because he didn't explicitly de-escalate.
Ironically, President Trump's address to the nation just now has imposed more pressure on the US through the market's reaction.
The market, which was finally beginning to show some signs of calming, is now highly agitated, with US oil prices back to $104/barrel, stocks down sharply, and the bond market melting down again.
Ironically, President Trump is now back to solving the problem he fixed earlier this week:
How will he contain the market?
President Trump has 50 "free" hours to contain the bond market by the futures open on Sunday.
If history is any guide, Trump and Bessent will be working overtime on the containment of the bond market this weekend.
If not, things will get very ugly, very fast.
We believe this weekend is a crucial pivot point in the Iran War:
As the bond market continues to get crushed, the 10Y Note Yield just hit a new high of 4.48%. For the first time since the Iran War began, the bond market is nearing or already in "crisis" territory.
US officials are now saying they expect Iran's counter to President Trump's "15-point peace plan" today, just hours after President Trump's 10-day delay of strikes on Iranian power plants failed to calm both bond and energy markets.
If there is not progress made on peace talks and a resolution to the ongoing energy and bond market crisis by the futures open on Sunday at 6 PM ET, we will see the 10Y Note Yield above 4.50% next week.
And, if this drags on for another month, a 5.00%+ yield on the 10Y Note is coming next. President Trump knows this, US Treasury Secretary Bessent knows this, and the Fed knows this.
We expect a highly eventful weekend ahead.