[K-Dog]

REUTERS.COM 2026-06-05

European shares muted as Mideast risks linger; tech rally stalls

European shares were flat early on ​Friday and on track to end the week marginally lower as uncertainty prevailed over ‌Middle East peace efforts, with technology stocks leding declines, pausing after a blistering two-month rally.

Considering rising crude oil prices, inflation risks, excessive stock valuations, and expectations for future interest-rate policy. The most likely outcome for next week is a modest market pullback.  Decline or pause after recent gains in the last couple of months.  A rally is less probable and would depend on new optimistic Trump manure appearing in the mainstream press.

Not to be doom an gloom, the odds of a lackluster rally is not one in seven thousand.  It is only one in five. 

 

Being that the probability of Trump bullshit is so high, the rally still has a 20% probability.

OECD.ORG 2026-06-03

Global economic outlook weakens amid energy shock and rising inflationary pressures

The evolving conflict in the Middle East has become the dominant force shaping global economic prospects, prompting an energy shock that is driving inflationary pressures and is projected to have adverse impacts on growth.

The Oracle of Delphi has issued her forecast for next week.

NEWSBREAK.COM 2026-06-04

Broadcom set to shed $300 billion in value as AI results fail to impress

Broadcom shares slumped more than 14% on Thursday, dragging chip peers lower, after the company's results fell short of lofty expectations around demand for its custom AI chips business.

INVESTING.COM 2026-06-03

D.E. Shaw extends investor exit time to four years for flagship fund

D.E. Shaw & Co. is extending the time required for investors to fully exit two of its largest hedge funds while shutting down two smaller multistrategy funds managing less than $10 billion in external capital.

[K-Dog]

Fools and their money will soon be parted.

INVESTINGNEWS.COM 2026-06-05

SpaceX Targets US$1.77 Trillion Valuation

Shares are scheduled to begin trading June 12 on the Nasdaq under the ticker SPCX.

EN.EEWORLD.COM.CN 2026-05-22

Trillion-Dollar Valuation in a Race Against Time: OpenAI to File for IPO as Early as This Week, Anthropic Urgently Revises Financial Statements

A message from OpenAI's boardroom. CEO Altman strongly advocates for filing for an IPO with the SEC as early as this week, targeting a valuation of $1 trillion.

COINPEDIA.ORG 2026-06-06

[LIVE] Stock Market, Gold Price, and Crypto Market Crash

Bitcoin Sell-Off: Why BTC Price Crashed Heavily?

THESTREET.COM 2026-06-05

Stock Market Today (June 5, 2026): Nasdaq falls 4% as semiconductor slide wipes $1T from markets

Investors focus on a stronger-than-expected U.S. jobs report as markets assess the labor outlook.

[K-Dog]

BRIEFS.CO 2026-05-17

Mortgage Company Of Canada Halts Withdrawals. Frozen Funds Top $22 Billion.

Mortgage Company of Canada paused redemptions and monthly payouts on May 14. About C$30 billion (roughly $22 billion) in Canadian private real estate funds is locked up.

Building your pre-crash emergency fund is getting harder by the day.

[RE]

THEATLANTIC.COM 2026-06-07

Elon Musk Is Dropping a Boulder in a Kiddie Pool

Elon Musk is about to set in motion a chain of events that will reshape the global financial order. For starters, when SpaceX formally goes public next week, he is all but guaranteed to become the world’s first trillionaire.

His rocket company is targeting a valuation of $1.77 trillion, which would make it one of the 10 biggest companies in the world—bigger than Meta, Walmart, and, for that matter, Tesla.

As if there aren't enough things out there insuring the coming implosion of global finance will be earth  shattering, Elon Musk is contributing his gigantic SpaceX turd into the mix, and Chump intends to use taxpayer money to buy an equity stake in this shitpile.  The kiss of death.

RE

[K-Dog]

A company that is losing money is not worth $1.77 trillion.  Correct me if I am wrong.

[RE]

A company that is losing money is not worth $1.77 trillion.  Correct me if I am wrong.

If you BELIEVE Elon, you're wrong.  He writes a Biz Plan that PROJECTS future revenues that will pay investors a fat dividend every year if they give him their money to make the capital expenditure necessary to put his data centers up in space where they will get free solar energy to run.  This is the magic of using Other People's Money to get filthy rich.  Elon is a Master Salesman, and is able to convince the Smartest People in the Room he can do this.

Most biznesses have to produce something tangible and need lots of people to run.  The AI biz needs neither.  Once he has the hardware up in space, it needs no people to run.  Nothing tangible has to be shipped, it just processes data.  He can run the biz out of one office building anywhere in the world.  Virtually all of the money paid each day to process data on his machines in orbit is pure profit.

In REALITY, will people pay enough money every year to make those profits?  I highly doubr it.  He doesn't need to convince me though, he just needs to convince the bank that underwrites the IPO.  Then the brokers convince their clients to buy the stock.  POOF, Elon is a trillionaire!  No hard work necessary, no unique brilliant invention, just salesmanship.  It's his gift.

The truth is this is likely the final blowoff phase before the big bust.  At least it guaratees the crash will be spectacular.

RE

[K-Dog]

Where is the cooling water in space?  How will the chips be cooled in space.

I realize this is a stupid question as Spaxe-X will reduce the cost of sending hardware into space to zero.

[RE]

Where is the cooling water in space?  How will the chips be cooled in space.

I realize this is a stupid question as Spaxe-X will reduce the cost of sending hardware into space to zero.

As long as you are in the shade, the temperature is close to absolute zero.  No atmosphere to circulate the heat.  The computers can be shaded by the solar panels and you can use a closed loop cooling system.

RE

[K-Dog]

FORTUNE.COM 2026-06-12

U.S. energy secretary says 7 million barrels of oil exiting Persian Gulf daily, but Chevron CEO rebuts the claim

U.S. Energy Secretary Chris Wright said nearly 7 million barrels of oil are now exiting the Persian Gulf daily thanks to U.S. military assistance, but Chevron CEO Mike Wirth rebutted the assertion.

If I was a lying asshole I could work for Trump.

[K-Dog]

nytimes.com 2026-06-13

How to Kick SpaceX Out of Your 401(k)

It is impossible to beat the stock market. But if you want to divest your retirement of Elon Musk-related companies, here is the best way to do so.

The "Hiding Victims" Problem: Averages ignore the variance of outcomes. If 4% of stocks generate all the returns, that means 96% of stocks are essentially "losers" or break-evens.

For an individual retiree, the probability of holding that 4% vs. the 96% is a massive gamble, not a guaranteed "10% return as the author claims.

There are people who have had secure financial positions ruined in time stretches that averages ignore.  A retiree drawing down funds in the late 1970s (a period of stagflation) had a vastly different experience than someone retiring in 2010.

New York Times propaganda.

[TDoS]

No hard work necessary, no unique brilliant invention, just salesmanship.  It's his gift.

RE

Having the ability to disrupt major markets, like auto manufacturing, aerospace, etc etc, doesn't require unique brilliant inventions or hard work maybe. Right place, right time, right idea, it is America. Being born with brains delivers all sorts of outcomes....sometimes including none. Or trillionairehood.

[K-Dog]

As RE said

it is America.

The database is restored up to the last backup which was yesterday.  Merging in the posts that were made today is too much damn work.

No the men in black did not cause the problem except that they are certainly behind the trolls who pretend to be Russian.  I am dealing with them, and that caused me to use untested code which wiped the trolls and everyone else out except for RE and I.  Since we are admins the code did not delete us.

[TDoS]

No the men in black did not cause the problem except that they are certainly behind the trolls who pretend to be Russian.

Really? Is the idea that the MIB pretend to be Russian trolls because..they are more believable than when they pretend to be North Korean or Chinese ones?

[K-Dog]

No the men in black did not cause the problem except that they are certainly behind the trolls who pretend to be Russian.

Really? Is the idea that the MIB pretend to be Russian trolls because..they are more believable than when they pretend to be North Korean or Chinese ones?

The point is that the trolls are almost certainly government action.  Why else would anyone plant registrations to see the internals of this site without being a member and making a post like a goddamn human would.  And if anyone else was doing it, the government would be all over them in spades.  Think about it.  This is not the only asshole the government wants to climb up.  The only time they would not be investigating other investigators is when they are doing their surveillance through a third party, which they always do. They are not going to watch themselves.

The point of being Russian or any other nationality is to be untraceable.  I doubt this website is even visible in Russia.  Or North Korea, or China.  One of the Russian passages was a guide on how to rent a car in Turkey.  This is nothing new.  Untraceable bullshit.  The same technique has been used for years.

Untraceable surveillance is the game, and because this forum can set user permissions, being a member is necessary to know what is going on inside here.

[TDoS]

No the men in black did not cause the problem except that they are certainly behind the trolls who pretend to be Russian.

Really? Is the idea that the MIB pretend to be Russian trolls because..they are more believable than when they pretend to be North Korean or Chinese ones?

The point is that the trolls are almost certainly government action.  Why else would anyone plant registrations to see the internals of this site without being a member and making a post like a goddamn human would.

Easy answer. Because they are spammers. They write script, the same as you. Those scripts run around, sign up to sites (you should see the same things popping up on peakoil.com, effectively an even more dead website than this one), and then amusingly post in a language that certainly isn't English. I didn't say they were smart spammers. Any person would know better than to post Chinese or Russian on a mostly Anglo-file site like that, or here, but because everything is automated, they just don't care what their individual misses are, only that they have some hits.

This behavior strikes me as typical, as opposed to the government thinking there is any way whatsoever randomly spamming sites with less than a handful of users.

And if anyone else was doing it, the government would be all over them in spades.  Think about it.

I did. See more logical explanation above. If it were American secret services they would actually look American. They would speak American. They would ask about if we had any bomb making secrets, etc etc. It would be some FBI intern tasked with opening 50 usernames on the 50 most subversive sites trolling for targets to arrest, not interested in politically irritated older folks who are mobile, strike one user, have nothing to lose, strike two other users, and presto there is no one left of interest.

This is not the only asshole the government wants to climb up.

Or not one the government wants to climb up at all. You, me and RE are all capable of working out a threat analysis of the entirety of this website and coming to about the same analytical conclusion. There is none.

The only time they would not be investigating other investigators is when they are doing their surveillance through a third party, which they always do. They are not going to watch themselves.

The point of being Russian or any other nationality is to be untraceable.  I doubt this website is even visible in Russia.  Or North Korea, or China.  One of the Russian passages was a guide on how to rent a car in Turkey.  This is nothing new.  Untraceable bullshit.  The same technique has been used for years.

Probably because.....spammers don't learn for shit.

Untraceable surveillance is the game, and because this forum can set user permissions, being a member is necessary to know what is going on inside here.

Or random spamming is the game. I'm certain the FBI could be untraceable, and doesn't have to pretend to be spammers as a way in. Just do I what I do. Sign up. Show up. Say something. And then ask cute questions about if the 3 of us know any subversives. Or encourage us to become subversives. So K-Dog....but by "subversive" I don't mean the politically irritated. I'm guessing folks what I just described, which is exactly how US services seem to catch all kinds of half wits just saying stupid shit online and then arresting them the instant someone takes the bait and buys some primer cord off of them in a grocery parking lot, is a well defined MO.And doesn't involve spamming a site with Eastern European languages. Or Chinese.