To The Moon

$NVIDIA(NVDA)$  

Monday. 

The BLS reported July payrolls: -23,000 jobs. Not a miss. A loss. The first monthly job loss in over two years. They expected +80,000. Then they quietly revised May and June down by 103,000 combined. The headline? "Unemployment fell to 4.1%." It fell because 264,000 people stopped looking. When you stop counting the desperate, the numbers look better. Gold knew. It jumped $102 in one session.

Tuesday. 

Iran named its price for the Strait of Hormuz: fifty years of U.S. war reparations The strait that carries 20% of the world's oil. Still closed. Tehran is using the world's most important chokepoint as a bargaining chip against a country that owes $39.5 trillion and is growing that number by $8 billion every day. My rich dad called this kind of negotiation "bargaining from strength." Iran has it. America does not.

Wednesday. 

The White House sent a second letter to Fed Governor Lisa Cook. The Supreme Court blocked the first removal attempt. They tried again anyway. The mainstream called it a "constitutional crisis." I call it the most honest thing Washington has done in years. The Fed was never independent. They just stopped pretending.

Thursday. 

The IEA cut 600,000 barrels per day from its global oil supply forecast. The 2026 cumulative deficit now sits at 4.3 million barrels per day. The deepest supply crunch since 2021. CPI came in at 3.4%. Mainstream celebrated. They did not mention that oil supply shocks take 60-90 days to hit your gas pump and grocery bill. The August print will be different.

Friday.

The Treasury dropped the July budget statement. $432 billion deficit. One month. $766 billion out. $334 billion in. The gap was 48% wider than July 2025. Net interest on the national debt: $1.25 trillion annualized. The S&P hit a record 7,799. Wall Street popped champagne. The government burned through $432 billion in 31 days and the market called it a win.