Morning News: June 13, 2025
Oil Prices Surge and Stock Markets Stumble After Israel Attacks Iran
Iran Retaliates After Israeli Strike as Trump Urges Nuclear Deal
An Israel-Iran War May Not Rattle the Oil Market
Republicans Are (Almost) Ready for Maximum Pressure on Russia
China’s ‘Cash-for-Clunkers’ Underlines Need for Structural Reform
China Forced to Keep Unprofitable Firms Alive to Save Jobs and Avoid Unrest
Bank of Japan Likely to Stand Pat Again, Discuss Further Bond Tapering
Europe’s Exporters Feel the Chill From Trump Tariffs
Chinese Firms in Talks to Join Group for Li Ka-Shing’s Ports
New Fees on Floating Garages Are Trump’s Latest Effort to Revive U.S. Shipbuilding
Where’s the Inflation From Tariffs? Just Wait, Economists Say.
The Case for Rate Cuts Is Growing
Trend Hedge Funds Struggle as More Nimble Macro Funds Embrace Whipsawing Markets
US Corporate Profit Fat Offers Cushion for Absorbing Tariffs
Elizabeth Warren: Trump Is Right About This One Thing
JPMorgan Can Retain Junior Bankers With Cash, Not Threats
Wall Street Is Investing Billions in Marinas for Bigger Yachts
The South Is Beating Inflation — But Not Housing
Your Electric Bill Is Rising Faster Than Inflation. Here’s Why.
Why There’s an Unexpected Surge in People Claiming Social Security
F.T.C. May Put Unusual Condition on Ad Mega-Merger: No Boycotting
Meta Finalizes $14.3 Billion Scale Investment, Hires Its CEO
AI Will Transform Medicine, Particularly If Trump Lets It
New Army Reserve Unit Enlists Silicon Valley Executives to Upgrade Tech
GameStop Shares Tank More than 20% as Retailer Reveals Convertible Debt Offering, Trading Cards Plan
Shein’s Planned Hong Kong Listing to Benefit from Wider Capital Pool
Air India Was Struggling Long Before 787 Crash
How the Clippers Engineered the NBA’s Best Home Court Advantage
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Posted by Eddy Elfenbein on June 13th, 2025 at 7:04 am
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
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It's mid June. That means one thing - Florida hockey.
I want to remind everyone that investing isn't about making money. It's about making friends and having a good time.
Good run:
“Common Sense,” by Thomas Paine (published January 10, 1776)
“The Decline and Fall of the Roman Empire” (Vol. 1), by Edward Gibbon (February 17, 1776)
“An Inquiry into The Wealth of Nations,” by Adam Smith (March 9, 1776)
“The Declaration of Independence,” by… -
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Eddy Elfenbein is a Washington, DC-based speaker, portfolio manager and editor of the blog Crossing Wall Street. His 