Traffic through Strait of Hormuz continues to ramp up
Source: Bloomberg
Gold allocations are at multi-decade highs, and they're still tiny.
Private investors hold just 2.7% of financial assets in gold. In 1980 it was 8.3%. Central banks sit at 26.6% versus 62.4% back then. Source: Incrementum AG, Jack Prandelli on X
President Trump earned over $1.4 billion in 2025 from crypto and memecoin-related businesses.
Full Breakdown: 1) Trump meme coin: $635 million 2) World Liberty Financial token sales: $526 million 3) USD1 Stablecoin venture ownership divestment: $196 million 4) Corporate share buyback and stake sale: $65 million 5) Melania NFT business revenue: $6.01 million 6) Ethereum network validator staking rewards: $1.82 million 7) Bitcoin, Ethereum, and USDC token reserves: $125 million Source: Bull Theory
FT had a couple nice ones showing that AI is not causing job losses.. quite the opposite
Source: FT, RBC
Tesla vs BYD
Source: Khattiya
BREAKING: The US government has lifted export restrictions on Anthropic's Fable 5 and Mythos 5 AI models.
The restrictions, imposed on June 12 over national security concerns, have now been fully removed after Anthropic agreed to strengthen safeguards and coordinate with the US government on AI security. Anthropic said it expects to restore user access starting Wednesday. Source: Bull Theory
About AC in Europe...
Source. Rand
The US equity market is recording massive inflows
Source: EPFR, Goldman
