Monday Watch

Today's Headlines

Bloomberg:   

• Israel Braces for Attack by Iran as US Urges Gaza Cease-Fire.  
• Starmer Calls Emergency Meeting After Riots Flare Across Britain.
• Humiliated and Furious, Maduro Locks Up 2,000 Venezuelans in Fiercest Crackdown of His Rule.
• Venezuela’s Neighbors Fear ‘Exodus That We Cannot Accommodate’.
• Global Carry Trade Unwind Extends as Peso Sinks, Yen Surges.
• South Korea’s Kospi Plunges, Takes Losses From July Peak to 10%.
• Japanese Stocks Tumble, Leading Equities Selloff.
• Oil Climbs From Seven Month Low as US Warns of Iran Retaliation.
• Treasuries Surge as Traders Bet Big on a Fed Rescue Mode.
• Bitcoin Sinks to One-Month Low After Worst Week Since FTX Crisis.
• The Stock Market Is Rotating. The Question Is Where It Goes Next.
• Nvidia’s New AI Chip Delayed Due to Design Flaws: Information.
• Apple Investors Urged to Stay Calm After Buffett Slashes Stake.
• Five Key Charts to Watch in Global Commodity Markets This Week.

Zero Hedge: 

• Japanic Monday: Japanese Bonds, Stocks Halted After Plunging Into Bear Market As Everything Crashes Everywhere.
• Anti-Immigration Protests In UK Spreads As Elon Musk Warns "Civil War Is Inevitable" .
• Same Pig, Different Lipstick: COVID & The Green Revolution.
• The $20 Trillion Carry Trade Has Finally Blown Up.
• Secret Service Takes 'Full Responsibility' For Assassination Attempt On Trump.
• Weekend News Round Up - Newsquawk Asia-Pac Market Open.
• The Weekend Crypto Crash.
• Kamala Harris & The Masque Of Magical Thinking.
• Suspected Houthi Missile Hits Container Ship; Rebel Forces Claim US MQ-9 Drone Downed Amid Regional War Risks.
• Transgender Or Intersex? Confusion Reigns Over The Gender Status Of Two Olympic Boxers.
• Guess Who Kamala Harris Blames For Disastrous Jobs Report?
• Jittery Israel Braces For 'Five Front' War As Officials Predict Iran To Attack Monday.
• Bitcoin Is Crashing Ahead Of The Japan Open.
• "Suddenly Recession Is On The Tip Of Everyone's Tongue... Wow, Did That Happen Fast!".
• The Usual Stimulus Tricks Won't Work This Time Around.
• The Trigger For WWIII Just Arrived - What Are The Implications For Americans?
• We Reap The Harvest Of Lies.
• IRS Makes It Easier For Cash-Strapped Americans To Raid 401k, IRA Accounts.
• Boiling The British Frog...
• Court Rules Coca-Cola Must Pay IRS $6 Billion In Unpaid Taxes.
• Is Zelensky's Chief Of Staff The Last Obstacle To Peace With Russia?
• Charting The Percentage Of (Real) Women Competing At The Olympic Games (1896–2024).
• Mapping The Number Of US Billionaires In Each State.
• The Civil War Didn't 'Settle' The Question Of State Secession.

Wall Street Journal:

• Iran Rebuffs Calls for Restraint in Its Response to Killing of Hamas Leader.
• ‘Everything Is Collapsing’: Israeli Reservists Confront Toll of Protracted War.
• Widespread Benefits of Tight Job Market Are Now at Risk.
• Here Are Harris’s Closest Confidants on Wall Street.
• The One-Hour Nurse Visits That Let Insurers Collect $15 Billion From Medicare.
• Union Victories First, Job Losses Later. Deere & Co. layoffs follow the UAW’s blockbuster contract gains.
• Big Banks Deserted Wall Street. Then the Cool Kids Moved In.
• There’s a Tool to Catch Students Cheating With ChatGPT. OpenAI Hasn’t Released It.

CNBC:  

• Nikkei 225 falls more than 5%, hovering near bear market territory, as Asia-Pacific sell-off continues.
• Why pharmacy chains like Walgreens and CVS are shuttering locations.
• Israel bracing for attack after assassinations in Beirut and Tehran.

MarketWatch.com:  

• Stock-market investors went from cheering a ‘Goldilocks’ economy to fearing recession. Here’s what’s next. 
• Tropical Storm Debby barrels toward Florida, with potential record-setting rains further north.
• Amazon’s killer cloud growth can’t make up for this more worrisome trend.
• Corporate profit growth is on pace for its best quarter since just before 2022’s inflation spell.

NewsMax:

• Trump Campaign: CBS Poll Skewed to Help Harris.
• Netanyahu: Israel Already in a 'Multifront War' With Iran.
• Olmert: Iran Retaliation Would be ‘Grave Mistake’.

Fox News:

• Justice delivers stern message when asked about Biden's radical SCOTUS changes.

TheGatewayPundit.com:

• RED ALERT: Pentagon Deploys Additional Jet Squadron, Warships, and USS Carrier Strike Group To Israel in Dramatic Escalation of U.S. Military Presence in Middle East
• Pennsylvania Court Drops Bombshell Ruling: Digital Images of Completed Absentee and Mail-In Ballots are Public Records.
• Supreme Court Justice Neil Gorsuch Responds to Biden’s Radical Plan to “Reform” the Supreme Court.
• Federal Air Marshal Whistleblowers Reveal Tulsi Gabbard is Actively Under Surveillance Through Secretive Quiet Skies Program.
• Months After $20 Minimum Wage Law, California Fast Food Workers Want Another Increase.
• Tyrannical Michigan Secretary of State Jocelyn Bensen Goes Full Stasi – Urges Citizens to Snitch on Their Neighbors if They Challenge Official Election Narrative.
• Iran Announces It Will Attack Any Arab Country that Attempts to Intervene in Its Attack on Israel.
• ICYMI: Democrat Former St. Lucie County Sheriff Found Guilty in ‘Ghost Candidate Voting Fraud Scheme’.
• The Paris 2024 “Woke-Lympics” – A Descent into Perversion, Blasphemy and Abuse of Women.
• President Trump Talks with Maria Bartiromo- “What’s Killed this Country More Than Anything in the Last Three and a Half Years is Inflation” (VIDEO).
• RINO Brian Kemp and Dirty Brad Raffensperger Lash Out at Trump After He Calls Them Out for Failing to Fix Georgia’s Elections.
• Iranian Regime Warns Israel Will Not See Its 80th Birthday.
• WATCH: JD Vance fires back at Crazy Democrats calling him ‘weird’.
• Pelosi Dodges Questions on Leading Coup to Oust Joe Biden from Race – Then Says Old Joe Should be on Mount Rushmore.
• Maria Bartiromo DESTROYS Kamala Harris – Lays Out Her Record as the Worst VP in US History (VIDEO).
• Columbia Students Sue Squad Leaders for Allegedly Inciting and Encouraging Anti-Israel, Anti-Jew Protests on Campus.
• Elon Musk Warns ‘Civil War is Inevitable’ in UK as Anti-Immigration Protests Spread.

Around X:

• @amuse

• Remember when Iran captured a top-secret CIA drone and Obama refused to destroy it? Then he sent them billions of dollars, enabling them to reverse engineer it and become one of the world's most advanced military drone suppliers? (pic)

• @JackPosobiec

• Josh Shapiro's office ruled this a suicide. Ellen Greenberg was stabbed 10x in the chest and 10x in the back. 2x postmortem. Why is Josh Shapiro covering up this murder? Does it have to do with her finance's well-connected family in Philadelphia politics? (pic)
• Watch how quickly Josh Shapiro lies about JD Vance and immediately moves into spreading conspiracy theories and hoaxes about him. He doesn't miss a beat. Shapiro is one of the most skilled liars in politics, which is why the Dems want him up against JD. (video)

• @Liz_Churchill10

• The Conspiracy Theorists tried to warn you. Australian Citizens will require 100 Social Credit Score points from their DIGITAL ID to use social media with the police having access to ALL accounts including private messaging. (video)
  

• @VigilantFox

• Media Blackout: 10 News Stories They Chose Not to Tell You This Week. #10 - We now have damning evidence of a Secret Service cover-up. Director Ronald Rowe has been caught in a LIE... (video)

• @PeterSweden7

• Masked gangs armed with axes and hammers are hunting down people in Britain that are protesting against open borders. SHARE - The mainstream media won't show you this. (video)

• @dom_lucre

• BREAKING: This Black Georgia woman named Michaela is taking the internet by storm for putting Kamala Harris on blast at Trump’s rally in Atlanta. “They don't want to talk policy, they just want to use propaganda to steal your vote. The left is trying to tout this woman as a savior for the black community, but all she's done is hurt the black community since she came into the game. (video)

• @nicksortor

• Here’s Kamala Harris attempting to explain “cloud storage” Yes, this is real. No wonder they won’t let her speak off script. (video)
  
• Rep. @ByronDonalds just SMACKED George Stephanopolous after the ABC anchor started throwing a fit over Kamala Harris’ “racial identity”. Way to put Slopodopolous in his place Byron. This is a hell of a watch. (video)

• @ImMeme0

• HOLY SH*T! The Biden/Harris through the “Inflation Reduction Act” used American tax payers money to fund DOMESTIC TERRORISM on the U.S. soil. Rep. Shelley Moore Capito and Rep. Pete Ricketts discuss oversight findings on the funding of radical extremist groups through the Biden/Harris’ Inflation Reduction Act, calling it the “Invest in Radical Activity Act.” (video)
  

• @ShadowofEzra

• A Secret Service whistleblower revealed in an affidavit that he was instructed to stand down and essentially allow Trump to be assassinated. Who gave the stand down order? (video)
  

• @BGatesIsaPsycho

• “It’s the destabilisation project of Europe, which whether you like it or not includes the UK”. “You will see increasing strife, increasing unrest, increasing civil division”. Listen to Shahid Boisen explain that all events unfolding are part of strategising scheme to destroy the West. This isn’t conspiracy - this is WEF Agenda, they talk about it & you can see it happening. (video)
• Bill Gates wants to vaccinate you for everything. Bill Gates wants to block out the Sun Bill Gates wants you eating his fake meat. Bill Gates want to tax your personal Carbon output. Bill Gates develops Genetically modified Mosquitos he was to vaccinate you with. Bill Gates wife left him because of his relationship with the most notorious child sex trafficker in history. Don’t listen to Bill Gates. (pic)
• “They got knives”. Just one of the shockingly terrifying clips emerging from Britain today. The whole Country experienced huge riots in response to both the killing of 3 young Children, but also how Britains Prime Minister dealt with it. In response gangs of Muslims armed themselves with knives & hammers in retaliation & attacking British protesters. This is terrifying stuff. (video)
• Dear Labour Voters, You’ve been conned. The end. (video)

• @kylenabecker
  

• This is what happens when socialists control your "democracy." Behold, Venezuela. (video)

• @LizCrokin
  

• For all the people who had never heard of Pizzagate or thought it was fake until Joe Rogan said he believes it’s real on his live Netflix special last night, now would be a good time to watch Out of Shadows and learn the truth! This documentary film — that went viral in 2020 amassing over a hundred million views before it was banned everywhere— is the best education on Pizzagate and why the media covered it up. Watch the full film for free here on @x below. (video)
  

• @wideawake_media

• German farmer, Anthony Lee: "We have a farming minister who's telling us we should only eat... 10 grams of meat per day." Jordan Peterson: "When the politicians start telling you what you can and can't eat, we've crossed a line. You don't get to tell me where I set my thermostat. You don't get to tell me what I can drive and when, and you certainly bloody well don't get to tell me what I can eat." (video)

• @WarClandestine

• For those wondering why the Kamala campaign are desperate to host the debate on ABC: Remember that nasty woman at the NABJ a few days ago? Her name is Rachel Scott. She works for ABC. Trump is also currently suing ABC over defamatory comments from Stephanopoulos, where he falsely claimed Trump “raped” E. Jean Carroll. There is a legal conflict of interest, and ABC have proven they are hostile towards Trump. (video)
  

• @WallStreetApes
  

• Tucker Carlson “What happened to all the Jeffrey Epstein evidence?” Turns out The FBI charged him with a crime so minimal, they wouldn’t have to simultaneously raid his other properties. Giving them time to clean up “If they had charged him for trafficking, The FBI would have had to simultaneously raid every property under The Mann Act.” It was an Inside job.
• Don’t Listen To The Media, Listen To This British Citizen Actually On The Ground At The UK Protests. This is not “Far Right”. “The slaughter of innocents will push any nation, any tribe, any man over over the edge”. “They commit the most heinous of crimes”. “The straw that broke the camel's back was years ago. The people are being lied to by the government. They're being lied to by the mainstream media. Law enforcement knows it. The government knows it. The government knows it.“ (video)
• Please Watch This America. “While I'm talking to you right now. Women are being r*ped by members of the cartel to cross this border. Not once, numerous times. “A child will die today on the border”. (video)

• @BehizyTweets
  

• To anyone trying to criticize Trump for going after Georgia Governor Brian Kemp, then I have some news for you, Kemp is as CORRUPT as it gets. Apart from being a regular attendee at the WEF, he also has a history of receiving illegally laundered money to his campaign. According to official campaign finance data, some of Kemp's donations appear to come from the same scheme utilized by ActBlue to launder money into Democrat campaigns. (pic)
• Trump is currently conducting a roundtable with black business owners of Atlanta. Notice how no paid rappers were in the room twerking. Many of the owners said green energy regulations and inflation are “killing” their bottom line. “We’ll be back,” Trump says. “We’ll be back where we were, but better.” (pic)
  

• @MTGrepp

• HAPPENING NOW. THOUSANDS of Muslims are chanting “Allah Akbar” while searching for White British Patriots. Pray for the UK, this is what open borders does to your cities. The UK has officially fallen. (video)
  

• @DrewHLive

• Here comes the installed Police State for the UK. The UK government announces the incoming crackdown not just on those on the streets, but those “online”. Create destabilization then execute “peace” through forced martial law, installed police state. (video)

• @toobaffled

• Stores and Brands that will be using Apeel coating on their produce. (video)

• @drawandstrike
  

• They had to have counter snipers for the first time in over 2 years for that one single particular Trump rally so they could shoot the patsy after the Operation Gladio team took it's shots at Trump. CHANGE MY MIND. (video)

OpenVAERS: 

• VAERS US COVID Vaccine Adverse Event Reports. 1,012,894 Reports(+1,222 from prior report) Through June 28th, 2024.

SKirsch.com:

• Using the MGH numbers with our own VAERS queries, we have 247 cases per million doses from the MGH study divided by 5.97 cases per million doses from VAERS. 247/5.97 = 41. This suggests that the VAERS under-reporting factor (URF) is 41X.

Night Trading

• Asian indices are -4.0% to -2.5% on average.
• Asia Ex-Japan Investment Grade CDS Index 103.25 +4.25 basis points.
  
• China Sovereign CDS 68.5 +3.25 basis points.
• China Iron Ore Spot 104.7 USD/Metric Tonne +.9%.
  
• Bloomberg Emerging Markets Currency Index 38.95 unch.
• Bloomberg Global Risk-On/Risk Off Index 38.5 -1.0%.
• Volatility Index(VIX) futures 23.7 +7.6%. 
• Euro Stoxx 50 futures -.8%.
• S&P 500 futures -1.5%.
• NASDAQ 100 futures -2.4%.

Morning Preview Links

BOTTOM LINE: Asian indices are sharply lower, weighed down by technology and industrial shares in the region. I expect US stocks to open lower and to maintain losses into the afternoon.  The Portfolio is 25% net long heading into the week.