Lark Funding 2.0 is officially live—and it’s our biggest update since launch. More leverage, faster payouts, no consistency rules, and way more flexibility to trade.

Use code LARKLAUNCH for 15% off all programs + free weekend holding. Offer valid through July 11.

☕️ GM Munchers! My wife said we should stop using the credit card so much. I told her, “Don’t worry, we’re just following the U.S. government's lead.” She didn’t laugh.

On today’s menu:

• 🎯 Tariffs Are Boomeranging Back

• 💣 Ray Dalio Just Sounded the Alarm — And It's Not a Drill

• 🤯 Nvidia Is About To Do What!?

• 📉 Vanguard Just Put A Warning Out About Stocks

• 🤔 How Your Net Worth Compares With Others

Last week’s closing numbers:

BREAKING NEWS

🎯 Tariffs Are Boomeranging Back

Here’s the deal: Starting August 1, tariffs on countries without a signed deal with the U.S. are set to boomerang back to their April levels—aka 10% base rate and possibly up to 70%.

Trump signed 12 “take it or leave it” letters, and they’re hitting mailboxes Monday.

Translation? This isn’t a drill—it’s the real deadline. No more 90-day extensions. No more sweet-talking.

Why markets care:

• Supply chains? Could get wrecked (again).

• Commodities? Higher input costs = inflation fuel.

• Equities? Multinationals and exporters = risk-off.

• USD? Could strengthen short-term on defensive flows, but inflation risk = long-term drag.

What traders should watch:

• Risk sentiment shift: This smells like a volatility spike. Watch VIX, JPY, and gold.

• Sector plays: Industrials and global consumer goods = pain.

• Headlines: Could this be another TACO Trade opportunity?

We tried to dodge a trade war. But turns out, it just took a summer break and came back angrier.

🧨 Musk Starts “America Party,” Says Debt Will Kill the Dollar

Because 2025 wasn’t chaotic enough, Elon Musk just launched his own political party—The America Party. His #1 gripe? The $5 trillion in debt Congress just tacked on “like it's a DoorDash tip.”

Musk says this level of spending is suicidal for the U.S. dollar—and spoiler: the dollar agrees.

Quick stats:

• USD is down 11% YTD—its worst start to a year in 50 years.

• Inflation risk is back on the radar.

• Musk’s message: Get the debt under control or watch the dollar get smoked.

Why markets care:

• If Musk gains traction, markets may price in tighter future fiscal policy (risk-off).

• Higher debt = inflation pressure = Fed stuck longer = no rate cuts = stocks get wobbly.

• Long-term? Weaker dollar = good for gold, commodities, and maybe even crypto (Elon would love that).

What traders should watch:

• DXY trend: If the slide continues, it could trigger capital flight.

• Bond yields: Spiking yields = pain for tech.

• Gold & BTC: Possible flight-to-safety plays if the dollar keeps free-falling.

Is this political theater? Maybe. But if your PnL's in USD, it's not just a sideshow—it’s your main act.

💼 NFP: Strong Jobs = Split Market = Trader Confusion

The U.S. added 147,000 jobs in June—above expectations—and unemployment ticked down to 4.1%. That’s a flex for the labor market... but a headache for anyone hoping for rate cuts.

Here’s what’s happening:

• Economy = still robust.

• Inflation = sticky.

• Fed = stuck.

Polymarket odds for 2025 rate cuts:

• 2 cuts (50 bps) is the favorite at 36%.

• 0 or 1 cut = 39% combined.

• Market is split like my stop losses in consolidation.

Why markets care:

• Strong labor = hawkish Fed = fewer cuts.

• This delays the “risk-on” rally bulls were praying for.

• Currency markets? Strong jobs = stronger USD near-term.

What traders should watch:

• Next CPI print: If inflation cools, we might finally see doves fly.

• Fed speakers: Every offhand comment is market-moving now.

• SPX & NDX: Toppy, but no collapse until job cracks show.

The Fed’s in “wait and pray” mode. You should be in “wait and scalp” mode.

BROUGHT TO YOU BY

Lark 2.0 Just Launched — And It’s Built for Traders Who Hate Rules

If you’ve never taken a prop firm challenge before… this might be the one to start with.

Lark Funding just dropped Lark 2.0 — the biggest update since launch, and it’s everything traders have been begging for.

✅ 50:1 leverage on FX
✅ Bi-weekly payouts
✅ Martingale allowed
✅ No lock on payout
✅ No news restrictions
✅ No consistency rules
✅ 100+ stocks to trade
✅ Up to 90% profit splits

It’s built for traders who want speed, freedom, and actual upside. No fine print. No payout delays. No BS.

Oh—and to celebrate the launch, you’ll get 15% off all programs + free weekend holding if you use the code LARKLAUNCH before July 11.

Might be time to see what all the hype’s about.

BIG PICTURE

💣 Ray Dalio Just Sounded the Alarm — And It's Not a Drill

Ray Dalio just explained how America is basically one bad fiscal decision away from turning into my marriage—tense, expensive, and full of long-term consequences.

TL;DR: The new U.S. budget bill will spend $7T/year with only $5T coming in, pushing debt from $10T in payments to $18T within a decade. That’s 130% of GDP. Or $425,000 per family. Yay?

Translation? America’s credit card is maxed, and Uncle Sam’s applying for three more.

Why markets care:

• Bonds: Massive issuance + devalued currency = death spiral for long-duration Treasuries.

• Dollar: Long-term debasement alert. DXY’s already down 11% YTD—worst in 50 years.

• Inflation: More printing = hotter CPI. You’re gonna need a second job just to afford eggs.

Dalio’s warning: Either we get tax hikes and spending cuts (unpopular), or we keep printing and wreck the currency (popular… until it isn’t).

What traders should watch:

• Gold & BTC: If the dollar melts, these moon.

• Bond yields: Rising rates = tech under pressure.

• Risk sentiment: Long-term bearish if deficits aren’t addressed.

Honestly, my wife budgets better than the U.S. government—and she once spent $80 on a candle “that smelled like calm.”

Watch this space. When the world’s biggest bond market breaks, everything breaks.

MARKET OVERVIEW

🍿 Tasty Movers & Shakers

$TSLA ( ▲ 0.69% ) Elon and Tesla’s CFO just filed FEC paperwork for the America Party. Yes, it’s official—he’s doing politics now too. Will the market care? Maybe. But if history repeats, expect another chapter in “Elon Gets Distracted and Tesla Volatility Goes Brrr.”

$NVDA ( ▲ 0.04% ) Nvidia is now just 2.75% away from becoming Earth’s first-ever $4 trillion company. Translation: One more AI earnings beat and Jensen Huang might start charging for oxygen.

$WYNN ( ▼ 0.52% ) Vegas who? Wynn Resorts is up 26% in the past month after Macau reported casino revenue surged 19% to $21B. Apparently everyone’s betting again—and this time it’s not on meme coins.

$HPE ( ▲ 0.51% ) Remember Hewlett-Packard? Yeah, we didn’t either. But they just threw $14 billion at Juniper Networks to boost their AI game—and the stock is up 17% this month. Legacy tech learning new tricks… maybe there’s hope for me too.

PROP FIRMS

🤑 Monday Motivation

🚀 Pre-Market Fuel

1. 📉 Vanguard just put out a warning about stocks.

2. 🤔 How does your net worth compare with the average, by age?

3. 🇦🇷 Argentina is undergoing a transformation, thanks to its president.

4. 😬 Trump wants to replace Powell.

5. ✅ Quote of the day.

🍪 Munchy Memes

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