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This sleep habit could result in "a clinically meaningful weight gain" over the course of a year, the author said.

It turns out that Giancarlo Stanton’s setback last month was more complicated than just a reinjury of his right calf strain.

Will the evil Deadites ever die?

More than $16 million has been spent on taxpayer-funded renovations to the landmark on the National Mall.

Tyler Robinson’s trans lover was seen in an interview video played in court for the first time Thursday.

Ninety-degree heat was no match for the singer, who held court front row at Zuhair Murad and Celia Kritharioti, sister Lynda Lopez by her side.

Ninety-degree heat was no match for the singer, who held court front row at Zuhair Murad and Celia Kritharioti, sister Lynda Lopez by her side.

Bare-skin summer loading.

Gold Selloff Seen As "Stop-Loss Liquidation Positioning Reset", Not Fundamentally Driven

Gold’s break below key technical support of 4050 to the 4023 low in New York trading on Wednesday appears driven primarily by stop-loss liquidation and positioning rather than a material deterioration in macro fundamentals, according to UBS. 

As the bank's trader Marcus Millis writes, "the move flushed out long exposure and left positioning looking more balanced, reducing the immediate risk of further forced selling."

However, he cautions, the broader trading backdrop remains challenging. That's because with front-end USD rates expected to stay under pressure, upside in gold looks limited, and rallies are still viewed as opportunities to reduce exposure rather than chase higher prices.

Near-term support should emerge around recent lows at 4040-50 with resistance at 4110/20, but conviction for a sustained rebound remains low.

That said, the long term fundamentals remain especially solid, and patient holders who would rather collect income from gold as a "productive" metal until its next breakout, rather than a passive, not-yielding asset, can check out the offerings from our partner Monetary Metals. 

Case in point: as we reported a few weeks ago when analyzing the World Gold Council's 2026 Central Bank Gold Reserves Survey, the punchline was that a record 45% of respondents expect their own gold reserves will increase over the next 12 months

Central banks have accumulated an average of 1,000t of gold over the past four years, up significantly from the 500t average over the preceding decade. This marked acceleration in the pace of accumulation has occurred against a backdrop of geopolitical and economic uncertainty, which has clouded the outlook for reserve managers.

The WGC's 2026 Central Bank Gold Reserves (CBGR) survey was conducted between 5 February and 19 May. With the majority of responses coming in after the start of the Middle East conflict, this year’s survey contains insights on how central bankers view gold in the light of ongoing geopolitical turmoil. The sample is highly representative of the overall central bank community, both geographically and in terms of gold owned. This robust participation is a powerful signal of engagement with gold amongst the central banking community. 

Here are some more of the notable highlights:

• Similar to findings from previous surveys, central banks continue to hold favorable expectations on gold. Respondents overwhelmingly (89%) believe that global central bank gold reserves will increase over the next 12 months.

• This year, a record 45% of respondents expect their own gold reserves will also increase over the same period. The majority of the remaining respondents indicated they expect no change while 1% expect their institution’s gold reserves to decrease (hello, Turkey).

• Gold’s performance during times of crisis, portfolio diversification and inflation hedging are some of the key factors for central banks to hold gold. In addition, gold as a geopolitical risk hedge and gold as part of a reserve diversification policy also feature as key reasons for increasing allocations to gold.

• The majority of respondents (74%) see moderate or significantly lower US dollar holdings within global reserves over the next five years. Respondents also believe that the share of other currencies, such as the euro and renminbi will remain unchanged over the same period, while gold holdings will increase.

• This year’s survey asked respondents how they would fund their new gold purchases. Half of respondents indicated through a domestic purchase program in local currency, while 38% indicated through selling existing reserve assets.

• The Bank of England remains the most popular vaulting location among respondents at 57%, though central banks continue to diversify their storage across multiple locations. Domestic storage came in second at 49%, followed by the Bank for International Settlements at 16% (a slight uptick from last year). The Swiss National Bank saw a notable decline in preference, dropping to 6% from 12% in 2025.

• A notable increase in changes to vaulting locations was observed in this year’s survey, with 9% saying they have increased domestic storage and 10% saying they have diversified overseas storage locations in the past 12 months, compared with 5% and 2% respectively in last year’s survey. The trend is also observed in future plans for vaulting, with 7% saying they plan to increase domestic storage and 9% saying they plan to diversify overseas storage locations in the coming 12 months. 

To summarize, this year’s survey reinforces the trend: central banks remain very positive on gold, highlighting its significance amid a volatile geopolitical and economic environment.

• When asked about expectations for how global central bank gold reserves will change over the next 12 months, respondents were almost unanimous, with 89% of respondents believing that official gold reserves will continue to increase (Chart 3). This sentiment was consistent across both advanced economy and EMDE respondents. It should be noted that 11% of central banks believe that gold’s proportion of total reserves would remain unchanged, up from 5% last year.  In addition, 45% of respondents thought that their own institution’s gold reserves would rise over the next year, broadly in line with last year’s finding (43%).
• Most respondents did not expect their gold reserves to change in the next 12 months. This marks a new record high in the proportion of central banks expecting to add gold to their own reserves with EMDE banks continuing to lead their advanced economy counterparts. Among EMDE respondents around half thought that their own gold reserves would increase in the next 12 months, while the other half anticipated they would remain unchanged.
• The findings highlight that gold sentiment within the central banking community remains upbeat. Expectations point to continued gold buying over the next 12 months, reflecting sustained confidence in gold’s strategic role amid evolving geopolitical and macroeconomic dynamics.

In other words, the demand fundamentals - especially among the "price-indiscriminate buyers" have never been better, and while technicals and positioning remain challenging, especially when factoring for the continued selling in gold ETFs...

... gold tends to reward patient holders in the long run (as all those who purchased it for much of the 2010s and early 2020s experienced, when the yellow metal barely moved, then rapidly 3x-ed in just one year). And while waiting, there is now an option to collect as much as 4% yield on physical, paid out as additional ounces of physical gold.

Tyler Durden Thu, 07/09/2026 - 13:20

Those looking to move to the Golden State to seek their fame and/or fortune may want to reconsider.

How they're finding the clarity to walk away from their marriages — and enthusiastically start all over again.

This is going to be cheetah-licious!

Scarsdale community activist Marian Green tried to find a niche for her troubled son for years -- until he allegedly killed her.

It seems like a tell that Lavelle was featured in Gotham's promotional materials around the team's move to Etihad Park in Queens for the 2028 season.

The $18 million average annual value is an NHL record.

"I mean, we're really riding a wagon into the sunset."

A Maine man is facing charges after a viral video captured him allegedly assaulting a local journalist at an apparent Democratic-led protest.

Tehran said it targeted Patriot missile interceptors in Kuwait, early warning systems in Qatar, and fuel depots in Bahrain, which is also the home of the US Navy's 5th Fleet.

"Deepening Dark Trend" Emerges On Hormuz As Ship Traffic Slows

The US military has struck Iranian targets for a second straight day, while Tehran has responded with ballistic missile and drone attacks targeting Kuwait, Qatar, Bahrain and even faraway Jordan. While our overnight wrap focused on the latest war developments, the focus here is what energy traders are watching most closely: vessel traffic through the Strait of Hormuz.

Bloomberg cites new shipping data showing that the Hormuz chokepoint slowed to a near standstill on Thursday.

More color from the report:

Among larger vessels, only a US-sanctioned supertanker heading out of the Persian Gulf was seen in the strait, alongside an Iranian-flagged container ship. It's possible that some vessels may be crossing with their transponders turned off, however.

The slowdown marks a sharp reversal from the partial recovery that followed the mid-June interim US-Iran peace deal to reopen the Strait of Hormuz.

Commodity-vessel transits averaged 34 a day over the past three weeks and peaked at 59 on June 24, according to Kpler data. That compares with just 14 crossings Wednesday, the lowest since the deal and near wartime levels.

Maritime research firm Windward also commented on the Hormuz slowdown:

Additional overnight signal: one inbound vessel made a sharp U-turn near the strait entrance off Khasab. Watching for what happens next. pic.twitter.com/uGefTl5cG7

— Windward (@WindwardAI) July 9, 2026

Earlier, Islamic Revolutionary Guard Corps Navy Command stated that it has taken control of managing security and vessel routing through the Hormuz chokepoint.

Here's the translated statement:

Islamic Revolutionary Guard Corps Navy Command

In the name of God, the Most Compassionate, the Most Merciful.

Peace be upon the insightful and honorable nation, whose astonishing presence and tens-of-millions-strong funeral processions for their martyred leader in Iran and Iraq showed that this is the era of the end of the bullying of powers, and the century of the triumph of nations' will.

And peace be upon the brave warriors of Islam, who, with their crushing response to the aggressions of the child-killing American army, proved that the outcome of battle is determined not by the abundance of weapons, but by the power of faith.

These warriors, by stabilizing management of the Strait of Hormuz, establishing its security over the past two weeks, and gradually reopening it, have increased passage capacity to about 50% of prewar traffic. They are also increasing the transit capacity of vessels that, while observing the security regulations with discipline, obtain permission from the IRGC Navy to pass through the routes designated by the Islamic Republic.

Once again, we declare that foreigners have no stake in this land or in the Strait of Hormuz. The adventurism of the terrorist American army and its interference in determining traffic routes will not only bring our crushing response, but will also seriously disrupt the process of gradual reopening and seriously endanger the interests of countries that benefit from the Strait of Hormuz.

🇮🇷 The IRGC Navy issued a statement declaring that Iran has established control over the Strait of Hormuz.

It stated that shipping traffic has gradually increased to nearly 50% of pre-war levels, and warned that any foreign interference or attempts to dictate shipping routes… pic.twitter.com/0fKkz9vqmW

— Mario Nawfal (@MarioNawfal) July 9, 2026

On Tuesday, following three separate Iranian attacks on commercial vessels, the Joint Maritime Information Center raised the threat level of the Hormuz chokepoint to "severe."

The unwinding of diplomatic efforts will complicate the normalization process of reopening the Hormuz.

Goldman analyst Chris Hussey commented on this:

Hormuz recovery stalls. Oil has rebounded as renewed fighting around the Strait of Hormuz has interrupted the post-reopening recovery in Persian Gulf flows, while refined products markets remain even tighter than crude, writes Yulia Grigsby in "Oil Tracker: Negative Supply News From Gulf and Russia." Persian Gulf oil flows initially recovered to above 80% of pre-war levels after reopening, but recent tanker attacks pushed them back to the low-70% range, with exports through Hormuz falling from about 10 mb/d to 8.3 mb/d on a 7-day average basis. This supports our view that the key constraint is now Iran's willingness to allow flows, not tanker capacity.

Polymarket:

Strait of Hormuz traffic returns to normal by August 31?
Yes 18% · No 83%
View full market & trade on Polymarket

Brent crude futures were trading around $79 a barrel early Thursday, while WTI hovered near $74, signaling that traders were pricing in renewed geopolitical war risk premium as Hormuz vessel traffic slowed and the US-Iran conflict flared up.

Tyler Durden Thu, 07/09/2026 - 12:40

Following early-week storms and flash flood threats across the Upper Midwest, heavy rainfall will gradually shift out of the region as a cold front pushes southeast.