JOLTS Job Openings:
• Actual: 7.391M
• Forecast: 7.1M
• Previous: 7.192M

Labor market remains tight, with openings exceeding expectations.

Hedge Funds Cut Exposure to the Magnificent 7 to 5-Year Lows

Institutional investors are pulling back from the biggest tech names — Apple, Microsoft, Nvidia, Amazon, Meta, Google, and Tesla — reducing their positions to the lowest levels in at least five years.

A major rotation underway or just hedging before the next move?

Elon Musk Slams Trump’s “Big, Beautiful Bill”

“I’m sorry, but I just can’t stand it anymore,” Musk posted, calling the bill a “massive, outrageous, pork-filled Congressional spending bill” and a “disgusting abomination.”

The billionaire’s harsh words signal growing frustration with government spending — even when it comes from Trump.

The odds of the US entering a recession in 2025 are now down to 28%

This marks the lowest chance of a recession starting this year since February 28th.

Markets are buying into trade deal news.

Trump praises Xi — but calls him “tough” and “extremely hard to negotiate with”

Hints at rocky U.S.–China trade talks ahead of Friday’s face-to-face.

Sugar hits 4-year low

Sugar prices have dropped to their lowest level since 2020, reflecting shifting global supply and demand dynamics.

Man breaks into Mar-a-Lago to ‘marry Trump’s granddaughter’ and preach the Gospel

A 23-year-old Texas man was arrested after trespassing on Donald Trump’s Mar-a-Lago estate, telling police he came to “marry Kai” — Trump’s 18-year-old granddaughter — and “preach the Gospel” to the former president, according to NBC News.

U.S. Dollar weakens

The dollar is down nearly 9% year-to-date — one of its steepest drops in recent memory.

Central Banks Quietly Hoard Gold

Bloomberg reports that central banks are buying nearly 4x more gold than publicly disclosed.

A silent gold rush is unfolding before our eyes.

The U.S. housing market just hit a major imbalance:

In April, there were 33.7% more sellers than buyers — the biggest gap since records began in 2013.

Listings hit a 4-year high, while buyer numbers dropped to a 4-year low.

A year ago, the gap was just 6.5%.

Home price cuts could be next.

President Trump calls for scrapping the debt ceiling

Trump says he now agrees with Sen.

If approved, Congress would no longer vote to raise the borrowing cap — removing one of Washington’s biggest fiscal pressure points.

Someone just bet $1.2B on Bitcoin calls

A trader bought a massive batch of BTC call options, paying $50M in premiums. These options give the right to buy BTC at specific prices on set dates — and they’re ultra-bullish:

• $112K–$120K strikes for July 25 (3,750 BTC total)
• $115K & $140K strikes for Sept. 26 (7,600 BTC total)

Is this a bet on $120K BTC by late July — and $140K by September?