Trump-Netanyahu: wild call / BoA FM survey : 'all in' / NASDAQ rules changed, then SpaceX IPO comes in..
- sc0172
- 10 hours ago
- 3 min read
Iran update : Trump says ‘crazy’ Netanyahu has made everyone hate Israel in furious phone call – Axios report, Trump and Benjamin Netanyahu offered differing accounts of the situation with Lebanon, with the US saying Israel and Hezbollah agreed to halt attacks while Netanyahu signaled operations would continue, US in talks to expand nuclear weapons deployments in Europe. Washington has signalled openness to additional countries hosting nuclear-capable bombers
Markets : ...the rules changed and then SpaceX files for IPO, 'BEWARE' !.., Alphabet to raise another $80bn to fund AI buildout (-2% after hours), cash now makes up 3.9% of BoAFM's only (biggest monthly drop in cash), OIL up and down on headlines though still near $90 (NO big spike to $150 as some predicted, perhaps the risk is a LONG period of near 90+..like a structural supply shock), RBA’s Harper Worries Over ‘Uptick’ in Inflation Expectations, EV sales set to hit 23 million in 2026 as nearly 1 in 3 new cars goes electric worldwide,
Goldman Sachs just warned clients quietly: Big funds are selling GOOD and NVDA and other megacaps right now to raise cash specifically to buy SpaceX when it IPOs on June 12 >>> at $1.8 Trillion SpaceX IPO valuation is it worth buying? SpaceX: 2025: Net loss $4.9B 2026 Q1: Net loss $4.3B Priced at 94x revenue pricing in decades of future growth today. What do you think?...going to pass personally, utterly overpriced & overhyped ! this is in fact like looting the coffers... one could even argue of a 'fraudulent' approach
Bolton: The Rubicon is crossed — Iran now knows it can close the Strait whenever it wants leverage
Two economists just published a mathematical proof that AI will destroy the economy. Not might. Not could. Will — if nothing changes. Source: Falk & Tsoukalas · Wharton School + Boston University (Thread)
Chinese labs with ties to military seeking Nvidia’s AI chips
The U.S. Strategic Petroleum Reserve is less than 10 days away from falling to its lowest level since August 1983- a level not seen since the SPR's initial fill-up that began in 1977- per Petroleum Analyst Patrick De Haan.
The loop has no natural exit. The researchers tested every proposed solution. Universal basic income. Capital income taxes. Worker equity participation. Upskilling programs. Corporate coordination agreements. Every single one failed in the model. The only intervention that worked: a Pigouvian automation tax — a per-task levy charged every time a company replaces a human with AI, forcing them to price in the demand they are destroying before they pull the trigger.
After the dot-com crash, S&P tightened the rules. Nasdaq tightened the rules. FTSE Russell tightened the rules. For 23 years, those rules held. Then SpaceX filed for IPO >>> AND the rules changed. The S&P 500 waived the profitability requirement. Nasdaq cut its trading-history window from 90 days to 15. FTSE Russell cut its to 5. Bloomberg Intelligence estimates the major index funds will absorb between 19% and 24% of SpaceX's float within six months. That's over $30 trillion of passive 401k and retirement money, mechanically buying a single newly public company at IPO valuations, because the rules said they had to. Except the rules used to say they didn't....
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