All eyes on what Warsh may or may not say for his first FOMC meeting next week on Wednesday (17 June) We are going to break it all down at 8:30 AM ET before the event on @NTLiveMedia with Joseph Wang @josephwang Set Reminders! youtube.com/live/PFUbfYlbDWE…

Wake me up when there is an actual deal. For now, the Strait remains closed.

I need a music break..thanks Kim Carnes youtu.be/EPOIS5taqA8?si=8JlB…

Big News @CMEGroup is going to have 24/7 crude and gold contracts trading this summer. Crude will trade under the symbol: TCL it will be 1/10 of the current micro contract and will start trading August 30 The 24/7 gold contract with be the current 1 OZ contract, 1OZ and start trading July 26. So you can now check weekend markets at CME.

I wrote this on March 19th, the paywall has been lifted. Link in bio to my substack.

private credit stress has been largely swept under the rug with all the focus on Iran, but it hasn't gone away >> BlackRock's $25 billion private credit fund hit with requests to redeem 13.3% Investors asked to redeem 13.3% of the value of assets in BlackRock‘s BLK $25 billion private credit fund in Q1, as concerns about credit quality and how borrowers will manage AI-related disruption mount. HPS Corporate Lending Fund plans to honor 5% of those requests, Reuters reported. The fund plans to repurchase roughly $620 million of its outstanding shares, according to a regulatory filing, which also pointed to the prospect of higher interest rates as a potential boost to future returns. (Benzinga)

"How the CPI and PPI data will influence the FOMC next week?" Another excellent interview with @chigrl Tracy Shuchart - link here: tradersummit.net/how-the-cpi… #Markets #Analysis #Trading #CPI #PPI #FOMC #TracyShuchart #TradersSummit

Dont forget 2X and 3X levered SPCX ETF 's will start trading on Monday (long and short) Expect much more volatility in this stock next week.

WHOA. 356.50M shares have traded so far on SPCX

US treasuries, shrugging off all the euphoria headlines today, yields green

This "deal" is essentially a deal to extend the current ceasefire deal for another 60 days to discuss uranium, compensation, and unilateral sanctions. Not sure what all the excitment is about. Iran would have 30 days to re-open the SOH and IRGC already said that traffic through the strait would not return to pre-war levels.

RT @chigrl: Headline inflation climbed back above 4% last month for the first time since the spring of 2023. While the principal cause is a…

Crude down over 3% and O&G names still strong on the day Energy sector as a whole up 1.14%

*EXXON SAID TO STUDY TAKEOVER TARGETS INCLUDING WOODSIDE ENERGY $XOM

Space X IPO today...here is what @LukeGromen said