Your IMPORTANT Weekly Briefing: (11th June 2026)

The Neil McCoy-Ward Newsletter

June 12, 2026

Opening Note…

Welcome back again this week,

My wife and I are still in Japan at present… but we decided to get out of the hustle and bustle of Tokyo and I’m enjoying being here a lot more now…

The older I get, the more I realise that I’m just not much of a City person these days - Bangkok is the only exception to that because where I stay is next to a huge park and very quiet and peaceful.

In the morning we are travelling to a very peaceful town, under the shadow of Mount Fuji - I’m told it’s a great place for peace and tranquility.

Table of Contents

1. Weekly Spotlight

4.2% Inflation Just Trapped New Fed Chair

Six days from now, on June 17, Kevin Warsh runs his first meeting as Chair of the Federal Reserve…

And this is the man Trump fought a whole year to install.

This was supposed to be the BIG payoff for Trump. But instead, it looks like he may have to do the exact opposite of what Trump wants, here’s why:

The US national debt is now $38.9 trillion, and the interest payments alone have grown into one of the biggest items in the entire federal budget.

Every time the Fed cuts, that bill gets cheaper. So when Trump tweets "CUT RATES TO ONE PERCENT!"

He's not thinking about your mortgage… He's thinking about the national debt bill. That's the real reason he forced Powell out and installed Warsh. Lower rates create an economic boom.

Yet, Warsh may not turn out to be the soft touch everyone assumed. If we look back over his career - he attacked ‘money printing’ and actually wants to shrink the Fed's $6.5 trillion balance sheet. He doesn’t sound like a man about to bring back cheap money.

Another problem for raising interest is the inflation bomb that went off on June 10, its now at 4.2%, the highest in three years.

The main part powering it is energy, up 23.5% in twelve months and responsible for over 60% of the entire increase by itself. Of course we already know why…

At Powell's final meeting, four of twelve voting members broke ranks - the most divided since 1992. And they were openly discussing hikes, rather than cuts.

The markets have worked it out though… Zero chance of a cut next week, that's locked in. But the odds of a hike before 2027 have exploded to 43%. Higher rates mean tighter fiscal conditions for the US.

However, here’s a curve ball for you all…

The US has now become the World’s No.1 exporter of energy; they have even surpassed Saudi Arabia. That’s a BIG deal. And could make the US very rich indeed if they continue at this pace.

Shockingly, the UK has enormous energy reserves, enough to make every citizen very rich - but the moronic leadership won’t let anyone touch it.

2. Quick Takes

Here are the other top stories shaping the week:

  • American Wages Are Officially Now Going Backwards

    US inflation hit 4.2% in May, the first reading above 4% in three years, and pay rises are no longer keeping up (meaning the average American is getting poorer every month, even with a job). BofA thinks inflation will reach 5% by the midterms

  • El Niño Is Back, And It Could Be One Of The Strongest Ever

    Japan's weather agency has formally declared El Niño, the Pacific warming pattern that scrambles harvests worldwide, and some forecasters expect a record-strength event. Thai rice (the benchmark that feeds much of Asia) already jumped 20% in May, its biggest rise since 2008. The second half of this year is going to hurt a lot of people

  • Governments Are Selling Debt At The Fastest Pace In History

    Governments have sold a record $504 billion of bonds through banks this year, more than during peak Covid. A 30-year US auction in May was the first since 2007 to pay over 5%. Borrowing record amounts at rising rates means each new bond costs more to service than the last (got Gold?)

  • Only 11% Of Europeans Now See America As An Ally

    That's the claim from a 15-country survey, down from 22% in late 2024. Notice the timing though: Europe needs its taxpayers to swallow a 5% defence target and a new NATO lending bank, and a poll saying "America won't save you" is exactly the mood that requires. I wonder who they asked for the survey…

  • The EU Wants To Power Europe With Sunlight From The Sahara

    Brussels is putting up €5 billion for solar and wind across North Africa, sent to Europe via undersea cables, hoping to attract €25 billion of private money by 2035. The full plan needs over €100 billion. Europe tried this exact idea a decade ago (Desertec) and it collapsed. I wouldn't bet on this one either…

  • Solar Just Beat Coal In America For The First Month Ever

    Solar generated 12.8% of US electricity in May versus coal's 12.2%, the first full month on record it has come out ahead, and it's now the country's third-largest power source behind gas and nuclear. Solar and storage also made up 91% of all new capacity added in the first quarter. With gas supplies disrupted by the Gulf war, cheap home-grown power is suddenly about security, and the build-out is accelerating

  • Goldman Says Texas Could Soon Use 39% Of America's Peak Power

    AI data centres are set to push Texas peak demand growth to 31% a year, which would have one state using 39% of America's peak power by 2030 (it was 11% last year). Even if only a tenth of the queued projects get built, demand still outgrows supply

  • Gulf States Are Lining Up With Billions For The SpaceX IPO

    $75 billion to be raised at a $1.8 trillion valuation, with demand roughly four times the shares on offer. Saudi and Kuwaiti sovereign funds have bid up to $5 billion each, and Elizabeth Warren wants the SEC to delay it. As I covered in my SpaceX investor analysis post on Patreon (LINK), this will be the biggest listing in history, and spoiler alert - I won’t be buying in.

Opportunity:

I am no longer doing as many course sales on each video or email post. You can however, get any full priced course at the Academy home page here: https://nmwfinance.teachable.com/

Digital Income Mastery is still on sale for a very limited time…
And each Saturday throughout June, two more modules will be released. The entire Blueprint AND Marketing programs have now been released and I have almost finished producing the full Sales program.

Here’s the best price currently on offer for the FULL 3 course program that will end soon: LINK

NEIL’S TAKEAWAYS:

In the United States
Inflation just hit 4.2% in May, the highest in three years. Almost all of that jump is energy, with gasoline up over 40% on the year due to the Iran conflict.

The concerning part is what this is doing to ordinary households. Real wages, (that's your pay after inflation), fell for the second month running.

People are working just as hard and going backwards. You can see it in the basics: groceries are up, with tomatoes up 32% and lettuce nearly 25%. It's only a matter of time before people pull back on everything else.

Prepare: Watch consumer spending closely over the next few weeks, squeezed households eventually stop spending and that shows up in retail and discretionary earnings first. Lean toward companies selling things people can't skip, like food staples and essentials over anything that relies on shoppers having spare cash to spend.

Across Europe:
The ECB raised interest rates on Thursday for the first time since 2023, taking its key rate to 2.25%. Their reasoning is that the war is generating inflation, and they want to stop that energy spike from leaking into wages, services, and everything else (yeah, good luck with that, it’s going to take more than a 0.25% rate rise!)

The ECB now sees inflation averaging 3.0% this year, much larger than the 2.6% they had back in March, and it's not expected back to the 2% target until 2028.

Europe's economy is barely growing (and calculated against inflation, it’s shrinking), yet the ECB is raising borrowing costs anyway. Lagarde wouldn't commit to what comes next, sticking to the usual "meeting by meeting" line. I’d expect at least one more hike, probably in September, so this likely isn't a one-off.

Prepare: Higher-for-longer rates in Europe hurt the borrowers most, so be cautious with anything carrying heavy debt or leaning on cheap credit.

On the Global Stage:
At its peak last week, the KOSPI (Korea's Stock Market) was up 100% for 2026. For comparison, that's almost exactly what the Nasdaq did in 1999, right before the dot-com bubble burst.

The whole rally was built on two AI chip names, Samsung and SK Hynix, and it was being driven by ordinary retail investors piling in with borrowed money. What could go wrong?

As you might expect… The index dropped 17% from its highs in a single week, and now those borrowed bets are collapsing. When you buy shares with a loan and the price falls far enough, the broker automatically sells you out to get its money back, whether you like it or not.

That's called forced liquidation, and Korea just saw the most of it in nearly three years…

We also have the Bank of Japan meeting next week and it’s widely expected to raise rates for the first time in a while, lifting them to 1%, the highest since 1995.

That may sound small, but for years, investors borrowed money cheaply in yen and used it to buy higher-returning assets around the world (carry trade), from US shares to crypto. When Japanese rates rise and the yen strengthens, those positions start getting unwound

Prepare: Many think borrowing to chase a rising market feels clever, but S.Korea is a live example of how fast it can go wrong. Be wary of markets where one or two names make up most of the index.

P.S. If you like this kind of commentary, and want detailed investment posts - then you’ll love the private finance and investing community over on Patreon (where you’ll also get as many as 3 Significantly Undervalued stock picks each month). You can also speak with me privately via personal messaging. Check it out here: LINK

3. Chart Of The Week

The Dollar's Share Of Global Reserves Is Falling

Central banks held $13.1 trillion in foreign exchange reserves at the end of 2025, and 56.8% of it ($7.46 trillion) is still sitting in US dollars, with the euro a distant second at 20.2%.

The dollar's share has drifted down from around 65% a decade ago, but there is a detail that stands out: China's renminbi accounts for just 2% of global reserves, and that's actually down from its 2.9% peak in 2022.

For all the BRICS summits and de-dollarization headlines, central banks diversifying away from the dollar are choosing Canadian and Australian dollars over the yuan.

4. Market Overview

S&P 500 (U.S.) Flat this week. Trump teasing fresh strikes on Iran and a hot inflation print, pushed up by pricier oil, dragged everything lower through mid-week, with chips still nursing wounds from last week's rout. Thursday's big relief rally after the strikes got called off and a deal looked close wasn't enough to claw it all back. Friday also saw SpaceX finally make its market debut, the biggest IPO in history, and a flood of new shares for the market to soak up.

FTSE 100 (UK) Rose this week. Banks like HSBC and Standard Chartered carried the index, with miners (Rio Tinto, Glencore, Anglo American) chipping in, and the late-week Iran deal hopes helped things along. Halma was the sore spot, tanking despite higher profits.

S&P/TSX Composite (Canada) Finished higher. Materials and consumer stocks led the charge on Thursday's deal-hopes rally, and Dollarama jumped after a strong quarter, with discount retail still doing nicely while household budgets stay tight.

ASX 200 (Australia) Rose in a holiday-shortened week. Things were drifting until Friday, when the index surged on relief that the Iran strikes were off, with BHP, Evolution Mining and Qantas leading the way. Energy names lagged late as oil came off the boil.

🇺🇸 United States – S&P 500

  • High: 7,481

  • Low: 7,248

🇬🇧 UK - FTSE 100

  • High: 10,471

  • Low: 10,145

🇨🇦 Canada – TSX Composite

  • High: 35,076

  • Low: 34,008

🇦🇺 Australia – ASX 200

  • High: 8,808

  • Low: 8,504

Cryptocurrency:

  • Bitcoin (BTC): 5.0%

  • Ethereum (ETH): 4.3%

  • Tether (USDT): 0.0%

  • BNB (BNB): 4.2%

  • USDC (USDC): 0.0%

  • XRP (XRP): 2.3%

  • Solana (SOL): 3.6%

  • TRON (TRX): -3.1%

  • Figure Heloc (FIGR_HELOC): 1.1%

  • Dogecoin (HYPE): 8.0%

Metals Market:

Gold–Silver Ratio: ~62:1, Fell this week, meaning silver outperformed gold. A hot inflation print pushed up rate-hike bets, which hits gold hardest, while silver's industrial demand kept a floor under it. Then silver jumped harder than gold on Friday once Trump called off the Iran strikes and the safe-haven bid faded.

Gold & Silver:

  • Gold:  -2.56.% with a Week High: $4,362 & Week Low: $4,025

  • Silver: -1.14% with a Week High: $69.31 & Week Low: $61.59

5. Faith & Success

❝

"Do not conform to the pattern of this world, but be transformed by the renewing of your mind."

- Romans 12:2

I want to ask you something this week, and I'd like you to sit with it for a moment before you answer…

How much of what you believe about yourself was actually chosen by you?

Because here's what I've come to realise over the years: most people are walking around with a set of beliefs, habits, and assumptions about who they are and what they're capable of… that were handed to them.

By their upbringing, their school, by the people around them, by what they watched, what they read, what they were told - over and over… until it just became "the truth."

And the world is very good at reinforcing all of it.

I had a lot of time to reflect this week here in Japan, and I was sat by the lake, I saw a (German) man who seemed troubled…

He was repeating the same unusual behaviour over and over again.

I spoke to him and offered some advice, but I realised I couldn’t help him…

He was much older than me and had a very negative attitude, whatever I said he had an excuse or self limiting belief about.

"People like me don't do things like that."

“I’m German, we’re just different”

"That's just the way things are."

"Be realistic."

Sound familiar? If you’ve taken the Psychology of Wealth Accumulation program, you’ll understand exactly what I’m referring to…

And you also know that you can’t help someone who doesn’t want help.

It’s strange I know, but some people would rather be right in their wrong, than happy.

As I was sat there, I thought about how we’re all born as blank slates. What makes the difference is the programming we’re given.

Think of us like a computer, what you program the computer to do - it will do.

What you program the human to be, it will become.

I’m no different, I had to change my programming too.

I didn’t grow up rich, I didn’t have a private school education, I didn’t even go to University - I had to self educate myself through sheer hard work and effort.

But the real turning point for me came when I started asking a different question. Not "why can't I?" but "who decided that for my life?"

And I couldn't find a good answer. I realised that everything I was, was a direct result of previous programming.

When I ‘got that’ - I realised that actually, who I am is a human being of limitless potential.

Because the truth is - most of the limits we have aren't real. They're just patterns. Patterns we've absorbed so deeply that they feel like facts.

And this verse is one of the most radical things ever written, because it says: stop conforming to those patterns. And then it tells you exactly what to do instead - transform your mind.

Not your circumstances first, not your bank account, not your relationships.

No. Your MIND.

I've worked with a lot of people over the years - successful entrepreneurs, CEOs, C-Suite Execs, Celebrities, Athletes, high performers - and the single thing they all had in common wasn't talent or luck or timing. It was that at some point, they decided to stop thinking the way everyone around them thought.

They renewed their minds. They deliberately fed it different inputs and different books.

I still do this deliberately every single day. I'm very careful about what I read, who I spend time with, what I do first thing in the morning. Because your mind is like the soil in a garden (yes I do have a small garden at the castle, as some of you know!)… it will grow whatever you plant in it. Weeds or something beautiful - it doesn't discriminate.

So this weekend, I'd encourage you to do a quick audit.

What are you actually feeding your mind right now? Are the inputs moving you forward - or are they just reinforcing the same old patterns?

Because real change always starts from the inside out. And you have far more control over that than you might think.

Have a brilliant weekend my friend!

Take care, and God Bless.

Neil,

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DISCLAIMER
This newsletter is 100% FREE & is designed to help your thinking, not direct it. These newsletters shall NOT be construed as tax, legal, or financial advice and may be outdated or inaccurate; all decisions made as a result of this information are yours alone.

Trading/Liability: Neil McCoy-Ward operates/trades under a private Ltd company within the Isle of Man.

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