Thursday, June 18, 2026

A Tectonic Shift? June 18, 2026

Locator: 51006ARCHIVES.

Below: all this past week (with some minor exceptions). I'm thinking this looks like a major shift for investors. We're on a three-day US equity / bond market pause in observance of Juneteenth. 

"You can howl at the wind, but AI is here to stay."

A new Chair at the Federal Reserve: Kevin Warsh -- some adulting -- not afraid to raise rates.

The US and Iran sign memorandum of understanding to cease combat operations.

SpaceX IPO; two more in the wings -- Anthropic and OpenAI.

SpaceX, OpenAI, and Anthropic are all launching mega Initial Public Offerings, collectively bringing nearly $4 trillion in market value to public investors and reshaping the tech sector. Together, the companies are expected to raise over $200 billion in what is on pace to be one of the largest IPO waves in Wall Street history. 

Micron -- goes parabolic.

Huge reversal: the CPU / GPU ratio -- the AMD / Nvidia ratio.

Apple: not afraid to raise prices; won't sacrifice profitability. 

Price of oil falls precipitously, and gasoline follows. 

Trump is finally seen as a Lame Duck president. Maybe.

America's 250th birthday celebration.

FIFA Soccer World Cup 2026.

US Open (PGA).

KOSPI: hits the 9,000 milestone first time ever. 

Knicks tickertape parade and US Open tees off -- same day.

Wimbledon, Williams sisters to play doubles -- announced this past week.