Open Terms Newsletter

🪙 $SPY S&P 500 & Nasdaq hit record highs again today, US labor resilience fueling risk-on sentiment—but bond yields held firm near 10‑yr highs.

Have a good 4th of July tomorrow

@PolyWhaleWatch he is just having a little fun with his account

A highly profitable Polymarket trader put $2,040 on Jesus Christ returning this year. It'll pay out $86,789 if he does.

We will see where $BULL will go

@vulturetrades $HOOD is overvalued as-is

@zerohedge There is a chance ]

No July rate cut. Probably no Sept either

@BRICSinfo Wow, shocker

JUST IN: 🇺🇸🇷🇺 US President Trump says no progress was made during today's call with Russian President Putin.

@FirstSquawk That won't ever happen

Trump: No more property taxes

@WatcherGuru can't wait to sell 1,000,000 299 dollars transactions

JUST IN: 🇺🇸 Senator Lummis introduces bill to exempt tax on crypto transactions under $300.

@Barchart he is a perma-bear

BREAKING 🚨: Michael Burry S&P 500 is now up 54% since Michael Burry told us to sell 😂

Yup, JUST $100B, not a lot of money at all.

NVIDIA $NVDA IS NOW LESS THAN $100B AWAY FROM BECOMING THE FIRST COMPANY TO PASS A $4 TRILLION MARKET CAP

Russia has officially recognized the Taliban as a government, WHICH IS JUST PURE INSANITY. WHAT HAS THE WORLD COME TO..................

This is just completely crazy "Under the new amendment to the One Big Beautiful Bill, gamblers will only be allowed to deduct up to 90% of their losses against their winnings starting in 2026. This means that even if a gambler breaks even, they will still owe taxes on 10% of their winnings. This change could lead to scenarios where gamblers face tax liabilities that match or even exceed their net income from gambling activities"

@BRICSinfo DAMN, thats crazy

🇨🇳 China unveils massive 50-meter-tall, 20,000-square-meter inflatable dome over a construction site in Jinan to reduce dust and noise pollution.

🇺🇸 Bond market watchers: despite ADP’s miss, consensus remains steady—no fireworks—but Trump is ratcheting up pressure on Fed Chair Powell ahead of payroll release.

🔄 Ether up 0.55% over the last 24 hrs, holding firm above $2.58K. Crypto traders see the solid labor data fueling equity and digital asset gains—even as Fed hikes fade.

📈 U.S. June jobs report: +147K new payrolls, unemployment at 4.1%. Equity markets surged to fresh records—but Fed rate cuts now look unlikely. Dollar strengthens, Treasuries tighten.

🏦 UK Gilts & the pound steadied after PM Starmer publicly backed Chancellor Rachel Reeves. Boost for FTSE 100 banks and retailers, while services PMI hits 10‑month high—a tentative sigh of relief for U.K. markets.

The Fed is cooling but the economy’s heating. Why markets are ignoring warnings—and what that means for your portfolio. 📬 Read more in today's Open Terms. #markets #federalreserve