Weekly

The week that was, ending 14th June.

Upset and misinformation coupled with some LA Riots. Seems ICE agents with warrants, triggered the great unwashed in LA. Gavin Newsom and team stopped LAPD initially getting involved to quell rioting, then LAPD were overwhelmed. Police officers getting attacked with fireworks and Molotov cocktails, so obviously the Federal government had to get on top of things. Newsom upset and Karen Bass apparently not overseas on a business trip and she is upset too. More rioters arrested than illegal immigrants. Left really do need to up their game.

Israel/Iran. The aged Iranian Ayatollah is struggling to keep control of his country, at the same time provoking others with his proxy terrorists. Probably best he doesn’t have a workable nuke. Gays for Palestine very upset.

UK negative GDP growth of 0.3% for last 3 months. Not great. The current Labour government and propagandists were busy trying to make hay with the 1st quarter better GDP numbers, which were pre-tariff turbo charged, very silent now of course. Rachel from accounts with her huge National Insurance tax increase that kicked in April is busy trying to burn the economy down as fast as possible, is she a French or Brussels plant? UK in a parlous state, everyone unhappy.

Immigration, or more specifically the rapid increase in immigration is upsetting majorities in most Western countries. The Left and elite policy of ignoring this and calling everyone racist/right wing/liars has now failed and been found out. Its almost as if an engineered civil war is being promoted so that whatever career politician in charge is in, can look like a savior with draconian new powers.

Relevant Market News:

Geopolitical Tensions and Oil Prices: On June 13, 2025, global stock markets fell, and oil prices surged following Israel’s military strikes on Iran, raising fears of a broader Middle East conflict. Brent crude futures settled 7% higher at $74.23 per barrel, and U.S. West Texas Intermediate rose 8.23% to $73.65, marking their largest single-day gains since 2020. Iran’s retaliatory missile strikes on Israel further escalated concerns about potential disruptions to Middle Eastern oil and gas supplies.

US Market Movements: US stocks showed mixed performance. The S&P 500 ended lower on June 11 due to Middle East tensions, though a tame inflation report eased some concerns about tariff-driven price pressures. US 10-year Treasury yields rose slightly to 4.413% amid commodity and stock price shocks.

Taiwan’s exports hit a record $51.74 billion in May, driven by AI demand and preemptive orders ahead of potential US tariffs. Meanwhile, the Bank of Japan’s move to supply US dollars against pooled collateral raised concerns about a potential Yen carry trade unwind, which could impact US stock liquidity.

Curious