Executive Summary
According to reports from both Russian and Western media, Ukrainian strikes have severely damaged Russian oil refineries. This has knocked out roughly 7% of global refined petroleum capacity—a disruption that will likely take years to repair.
*Ukraine has expanded the range and the types of targets in Russia.
*No deal with Iran and the US. Strikes and counterstrikes continue.
*Refining crack spreads at record levels.
*Oil resumes uptrend.
*The Future of Wealth Management.
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Financial Headline Round Up!
*Iran Ceasefire Over! Strikes and Counterstrikes.
*WSJ: Global Oil Market Not Ready for Ceasefire to End.
*TEXAS! Texas Stock Exchange, TXSE Trading Begins!
*TEXAS! Doomberg Report: Natural Gas Permian Basin on The Winning Side of the Ledger.
*Global Nuclear Power Capacity Set to Jump by 44% by . . .2036. Texas Power Demand Estimated to Double by . . . 2032.
*Korean Supertanker Tycoon Making Millions on Hormuz Dark Runs.
*Nvidia Lost $1 Trillion in Value in Under 2 Months.
*Who Needs Stocks? US 30 Year Bond Yield Dancing Above 5%.
*Positive Surprise: EV Battery Life and Range Exceed Expectations.
*Small Stocks Beating Big Stocks?
*SpaceX Not Fun Anymore: Most Aftermarket Investors at Losses.
*Elon Musk Unveils New AI Device Prototype
*TEXAS! Toyota Tacoma Pick Up Trucks Moving From Mexico to Texas!
*Smucker’s $5 Billion Twinkie Bet Flopped!
*Kuppy: Why I avoid Tech!?
The Charts and Graphs Featured in This Week’s Show
Truflation United States Inflation (7/11/2021 – 7/9/2026)
– Courtesy of Bloomberg LP
New York Mercantile Exchange First Month 321 Refining Crack Spreads WTI Oil Gasoline Heating Oil (7/12/2021 – 7/10/2026)
– Courtesy of Bloomberg LP
State Street SPDR Dow Jones Industrial Average ETF Trust (12/31/2025 – 7/10/2026)
– Courtesy of Bloomberg LP
Invesco QQQ Trust Series One (12/31/2025 – 7/10/2026)
– Courtesy of Bloomberg LP
State Street Energy Select Sector SPDR ETF (12/31/2025-7/10/2026)
– Courtesy of Bloomberg LP
Marathon Petroleum Corporation (12/31/2025 – 7/10/2026)
– Courtesy of Bloomberg LP
Russia Index (12/31/2025 – 7/10/2026)
– Courtesy of TradingView
