Korea tried to cool leveraged trading and retail went even more extreme

You almost couldn’t write a better example of how markets behave. Korea introduced a new rule to make leveraged single-stock ETFs harder to trade. The goal was simple. Reduce risky speculation. Instead, retail investors just moved the money somewhere else. Starting July 31, Korea raised the minimum deposit requirement for single-stock leveraged ETFs and ETNs … Read more

Warning: Japan Is About to Break

via gainspainscapital The Great Debt Crisis of our lifetimes may be just around the corner. Japan is the grandfather of debt and central bank insanity. The U.S. first hit a Debt to GDP ratio of 100% in 2015. Japan did this back in 2001. The U.S. first introduced Zero Interest Rate Policy (ZIRP) and Quantitative … Read more

Will the US Cavalry be able to ride to the rescue of the Japanese Yen?

via notayesmanseconomics The business week has started with something we have not seen for quite some time TOKYO, Aug 2 (Reuters) – Japanese Finance Minister Satsuki Katayama will announce on ​Monday that Tokyo and Washington took joint action in the currency market to arrest the yen’s slide to 40-year lows, two Japanese government ‌officials told … Read more

Saudi crown prince stops Trump’s massive Iran strike with one phone call

Phone Call: Saudis Issue Ultimatum to Trump on Behalf of GCC Amid strong rumors that Netanyahu had already agreed with Trump to resume bombings against Iran, Gulf countries like Qatar and the United Arab Emirates were already working behind the scenes. Qatar, in particular, had been warning about the imminent risks to its massive infrastructure … Read more

Companies slam the door on zero experience hires. Drop hits 73 percent in 4 years

Recent college graduates are facing a tough job market, and one of the new hurdles they’re encountering is that employers are offering far fewer entry-level jobs that require no prior experience. That may be one of the factors that’s contributing to an unemployment rate of 5.6% among recent college graduates (age 22-27), higher than the … Read more

Bessent Says Gold Doesn’t Matter. So Why Won’t He Stop Talking About It?

via gainspainscapital Two weeks ago I flagged Scott Bessent’s Fox Business comments on gold as worth watching. He confirmed Fort Knox’s holdings are “present and accounted for,” valued at over $1 trillion at current market prices, and noted the dollar “used to be backed by silver, sometimes gold.” Now Bessent has clarified what he meant. … Read more

The Nasdaq 100 fell -6.6% in July, its worst performance since March 2025

The Nasdaq 100 fell -6.6% in July, its worst performance since March 2025 pic.twitter.com/39pAF8ZaOG — Hedgeye (@Hedgeye) August 3, 2026 🔴THIS HAS NEVER HAPPENED: The US technology sector's market capitalization has exceeded 50% of the S&P 500's total market capitalization for the first time EVER. This share has DOUBLED over the last decade. It now … Read more

Japan stocks get crushed after US and Japan dump billions on the yen. US running low on cash for more help

They are throwing huge money at the yen and the stocks still get hit. US help is real but the ammo is limited. Carry trade and exporter pain are the real pressure points. MASSIVE CRASH IN JAPAN 🚨 ¥28 TRILLION ($185 billion) wiped from Japanese stocks today. It's happening again… pic.twitter.com/JTHjEJOolZ — Crypto Rover (@cryptorover) … Read more

Forecloures rising, tied to delinquent HOA fees.

Money is getting tighter for America’s hundreds of thousands of homeowners associations, and they are extending a shorter financial leash to their residents. HOAs are getting more aggressive about pursuing people who rack up unpaid dues, skipping informal grace periods to make up the payments and turning delinquent accounts over to lawyers. In the most … Read more

Meta CEO just popped the AI Bubble. like 1999, but worse. AI wiz kid loses $35 BILLION of investor money in a day. Oracle default risk tops Lehman levels.

Oracle credit default swaps climbed to fresh multi year highs in late July on AI debt worries. Meta shares dropped hard after the company raised its AI spending floor. Microsoft posted the largest one day market value gain on record after showing real Azure growth. Buffett Indicator readings stayed elevated near all time highs through … Read more

Steve Forbes Issues New Dollar Warning

By Peter Reagan Image CC BY-SA 2.0 via Gage Skidmore Your News to Know rounds up the most important stories about precious metals and the overall economy. This week, we’ll cover: Steve Forbes on gold, the dollar and purchasing power Bank of America’s “two economies” problem Whether Russia’s wartime gold selling is weighing on prices The … Read more

China’s Property Crash Spreads: 70 Million Jobless As Entire Industries Collapse

China’s real estate industry supports more than 50 related sectors, including steel, cement, home appliances, furniture, building materials, renovation, finance, and logistics. At its peak, real estate and construction made up a significant part of the economy. In 2024, they accounted for about 13% of GDP combined and supported more than 70 million jobs.

GOLDMAN: CTAs could dump $185 billion of stocks this month if prices keep falling

GOLDMAN SAYS $185 BILLION OF FORCED SELLING COULD HIT GLOBAL STOCKS THIS MONTH CTAs are funds that trade on price signals alone. Their programs buy when prices hold above set levels and sell when prices fall below them, regardless of earnings or news. Goldman’s current estimates: – $7.5 billion of global selling next week under … Read more

If you own Microsoft, Oracle, Nvidia, and SoftBank, congrats. You basically own four different ways to bet on OpenAI.

OPENAI IS GOING TO TAKE THIS ENTIRE MARKET DOWN WITH IT And you don’t have to own a single share to get hurt. What I’m about to explain should worry anybody who thinks they’re diversified: OpenAI is a LOAD-BEARING company. Pull it out and the whole structure comes down. They spent $17.2 billion on Microsoft … Read more

When banks chase paper this hard to win the next IPO mandate, you are late in the cycle.

Wall Street is lending cash against stock that cannot be sold. JPMorgan’s private-bank loan demand jumped tenfold in months. Goldman’s San Francisco loan balances are up 50% since 2023. Banks are writing share-pledge loans against pre-IPO AI paper, some as small as $150 million. That is leverage stacked on valuations nobody can mark. 2021-vintage startups … Read more