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Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

This report contains independent commentary to be used for informational and educational purposes only. Michael Kramer is a member and investment adviser representative with Mott Capital Management. Mr. Kramer is not affiliated with this company and does not serve on the board of any related company that issued this stock. All opinions and analyses presented by Michael Kramer in this analysis or market report are solely Michael Kramer’s views. Readers should not treat any opinion, viewpoint, or prediction expressed by Michael Kramer as a specific solicitation or recommendation to buy or sell a particular security or follow a particular strategy. Michael Kramer’s analyses are based upon information and independent research that he considers reliable, but neither Michael Kramer nor Mott Capital Management guarantees its completeness or accuracy, and it should not be relied upon as such. Michael Kramer is not under any obligation to update or correct any information presented in his analyses. Mr. Kramer’s statements, guidance, and opinions are subject to change without notice. Past performance is not indicative of future results. Neither Michael Kramer nor Mott Capital Management guarantees any specific outcome or profit. You should be aware of the real risk of loss in following any strategy or investment commentary presented in this analysis. Strategies or investments discussed may fluctuate in price or value. Investments or strategies mentioned in this analysis may not be suitable for you. This material does not consider your particular investment objectives, financial situation, or needs and is not intended as a recommendation appropriate for you. You must make an independent decision regarding investments or strategies in this analysis. Upon request, the advisor will provide a list of all recommendations made during the past twelve months. Before acting on information in this analysis, you should consider whether it is suitable for your circumstances and strongly consider seeking advice from your own financial or investment adviser to determine the suitability of any investment.

Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

A Video Trial For Analysts

We are exploring a small experiment around analyst-created video content on Seeking Alpha. Unlike interview or podcast-style content, this would be your own investment analysis in video format. If you have a thesis that you think works well on video, feel free to create a video and send it to us for review. Approved submissions may be published on the platform.

Some preliminary guidelines: We will welcome videos in any format. Present a small amount of text outlining the premise. We will not accept AI-generated video content.

For now, we are looking to work with a small group of interested analysts as we test the format and learn what works. We are also thinking through the right submission process and tooling. If this sounds interesting, please let us know or send your video directly to submissions@seekingalpha.com.

The Seeking Alpha Community: Become Part Of The Conversation

We’ve recently rolled out a Community feature that gives our audience an additional outlet for conversations around investing, the markets, and macro events.

These trending topics include discussions around investing and the markets, surveys, Q&As, and feedback forums. The feature is designed to keep discussions going beyond articles. We encourage both readers and analysts to participate in the discussions surfacing in this channel.

For analysts engaged in the Community page, keep in mind that it’s inappropriate to start a thread promoting content or a service. If a Premium article is relevant to a current thread or question, feel free to share a link to that article, with some context, in the reply section. The aim is to keep conversations going and to help other investment-minded readers.

The Community feature can be found here.

Take The News Quiz!

Looking to wrap up a long week with one last challenge? Take on Seeking Alpha’s News Quiz.

Presented each Friday, the quiz offers 10 questions on key news and developments from the past week. You’ll see your score and correct answers as soon as you complete the quiz. And the score is ranked among other quiz takers.

The quiz leaderboard is available on the mobile app, under the “My Activity” tab, next to the notifications bell icon at the top.

Take a look at the quiz profile page for more details.

Keep An Eye On Article Competitions

Today, we wrap up our latest competition focused on the best commodity idea.

We ask that analysts watch for our next competition. We will announce a new competition shortly in this newsletter. Watch this space and the article competitions profile for the details.

How A Personal Experience Can Heighten Engagement

Sometimes, presenting your personal experiences to readers will put a different spotlight on your analysis.

Earlier this month, veteran analyst Brad Thomas provided his story as a real estate developer and the challenges he faced (and one effort that didn’t work out) before joining Seeking Alpha. Not only does Brad reflect on that troubled investment, he also uses the narrative to illustrate what’s needed to analyze an investment in the hotel REIT space.

This more personal angle presents something readers can relate to: A “lessons learned” tale that shapes a forward-looking analysis. The effort can lead to higher engagement with readers, some of whom can share similar experiences with the analyst and other readers.

The Article, Titled “What One Bad Hotel Deal Taught Me About Lodging REITs,” Is Here.

Looking Ahead To June

As we enter the final month of the second quarter, the earnings reports calendar starts out moderately busy but then wanes as the month goes on. Please keep in mind that as we get further out in the month, some of the earnings dates haven’t been confirmed by the companies yet, and these are estimated dates. Even with a slower earnings docket, there are a number of investor and industry events scheduled for June that could create excitement in some areas.

Seeking Alpha Earnings Calendar

Week 1 (June 1-5)

There aren’t many reports due out to start the week, but two that should garner interest are Hewlett Packard Enterprises (HPE) and Credo Technology Group (CRDO). The focus for Tuesday will be Palo Alto Networks (PANW), with Dollar General (DG) and Ulta Beauty (ULTA) also on the docket.

Wednesday is by far the busiest and most important day for earnings reports, with Broadcom (AVGO) leading the charge. We also expect to hear from CrowdStrike (CRWD), Medtronic (MDT), Veeva Systems (VEEV), and Five Below (FIVE). Thursday’s docket includes Ciena (CIEN), Planet Labs (PL), Samsara (IOT), lululemon athletica (LULU), and Rubrik (RBRK). There aren’t any major reports on Friday.

Week 2 (June 8-12)

Entering week 2 of June, there are some sites that show Oracle (ORCL) reporting on Monday, June 8, while others have the company reporting on June 15. If ORCL does report, it’s by far the most important report of the day and the only one of any size and magnitude. Tuesday shows Casey’s General Stores (CASY) and JM Smucker (SJM) on the schedule.

The only notable names for Wednesday are Core & Main (CNM) and Chewy (CHWY). Moving out to Thursday, Adobe (ADBE) stands out as the only major report due out. Turning our attention to Friday, we see that Lennar (LEN) is expected to report Q2 results.

Week 3 (June 15-19)

Week 3 starts off slowly, unless of course Oracle does in fact report on Monday. Even Tuesday and Wednesday don’t show any companies with a market cap above $10B, with CarMax (KMX) being the closest one.

Thursday shows a few larger companies on the schedule, with Accenture (ACN) being the largest. Kroger (KR), Jabil Circuits (JBL), and Darden Restaurants (DRI) are also expected to report. Friday, June 19, is a market holiday in the U.S., and therefore there aren’t any reports expected.

Week 4 (June 22-30)

As we turn to the last full week of June, we do have a few notable names expected to report. Monday shows Carnival (CCL) and Paychex (PAYX) on the docket, and FedEx (FDX) and Sunbelt Rentals (SUNB) are scheduled for Tuesday. Looking out to Wednesday, Micron (MU) is expected to report, and this is a big one as the company is the most recent to reach the $1 trillion market cap mark. In addition to Micron, we also expect to hear from the familiar names of General Mills (GIS) and McCormick & Company (MKC).

Thursday shows two notable reports due in the form of Nike (NKE) and Commercial Metals (CMC). The only notable company expected to report in the final days of June is Constellation Brands (STZ), and that report is expected on Friday, June 26.

June Investor And Industry Events

June 1 – FedEx Freight starts to trade after spinoff from FDX.

June 1 – Enviri spinoff effective.

June 1 – Jefferies Global Healthcare Conference.

June 1-6 – SXSW London.

June 1 – Jensen Huang keynote at COMPUTEX.

June 1-4 – Snowflake Summit.

June 1-4 – Nareit REITweek.

June 2 – Evercore TMT Global Conference.

June 2 – Bank of America Global Technology Conference.

June 2-3 – Microsoft Build.

June 2-5 Computex – Keynotes from Qualcomm, Intel, Marvell, and more.

June 3 – Honeywell Aerospace Investor Conference.

June 3-4 – Deutsche Bank Basic Materials Conference.

June 4 – Walmart Annual Meeting.

June 5 – Summer Game Fest (watch for GTA 6 trailer + news).

June 8 – The IPO quiet period expires on Cerebras Systems.

June 8-12 – Apple WWDC.

June 8 – Cloudflare Investor Day.

June 9-10 – DataDog DASH Event.

June 10-12 – D. A. Davidson Technology & Consumer Conference.

June 11 – WASDE report on major crops.

June 11 – Honeywell Investor Day.

June 11 – EnerSys Investor Day.

June 15-18 – HPE Discover.

June 16 – Valmont Investor Day.

June 16 – Sailpoint Investor Day.

June 16 – AWS Summit NYC – Nvidia a partner.

June 18 – S&P Index rebalance.

June 18 – Delta Annual Meeting.

June 20-30 – Federal Reserve stress tests on banks.

June 23 – Walmart at the Morgan Stanley Consumer & Retail Captains of Industry Summit.

June 24 – Qualcomm Investor Day.

June 25 – Nasdaq short interest report.

June 25 – Lululemon annual meeting amid activist pressure.

June 26 – Russell US Index reconstitution.

June 30 – Russell 2000 changes announced.

Major Economic Reports And Events

June 1- ISM Manufacturing, Construction Spending.

June 3- ADP Employment Change, ISM Services.

June 5 – May Employment report.

June 9 – Trade Balance, Existing Home Sales.

June 10 – CPI, Treasury Budget.

June 11- PPI.

June 12 – Univ. of Michigan Consumer Sentiment.

June 15 – Industrial Production, Capacity Utilization.

June 16 – Building Permits, Housing Starts.

June 17 – Pending Home Sales, Retail Sales.

June 19 – US markets closed for Juneteenth holiday.

June 24 – New Home Sales.

June 25 – Durable Orders, PCE Price Index, Personal Income, Personal Spending.

June 26 – Univ. of Michigan Consumer Sentiment.

June 30 – S&P/Case-Shiller Housing Index, Conference Board Consumer Confidence.

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Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Calamos Investments is a diversified global investment firm offering innovative investment strategies including U.S. growth equity, global equity, convertible, multi-asset and alternatives. The firm offers strategies through separately managed portfolios, mutual funds, closed-end funds, private funds, an exchange traded fund and UCITS funds. Clients include major corporations, pension funds, endowments, foundations and individuals, as well as the financial advisors and consultants who serve them. Headquartered in the Chicago metropolitan area, the firm also has offices in London, New York and San Francisco.  For more information, please visit www.calamos.com.

About 70 other people were injured in the explosion that took place around noon in the village of Kaungtup, in Namhkam township.

The area, located about 3 kilometers (2 miles) south of the Chinese border, is under the control of the Ta’ang National Liberation Army, an ethnic armed group fighting Myanmar’s central government.

A rescue worker who rushed to the site of the blast told The Associated Press that 46 bodies, including six children, had been recovered by Sunday evening and taken for cremation.

The rescuer, who spoke on condition of anonymity for security reasons, said 74 wounded people had been transported to the township hospital and rescue operations were continuing.

Live Events

Another rescuer in Namhkam, who also spoke on condition of anonymity, said about 40 people were killed and more than 100 houses near the blast site were damaged.

When Javier Milei entered the race to be Argentina’s president, 108 notable economists said his policies could be a disaster. Three years later, the maverick president continues to prove them wrong.

As Argentina’s new president in December 2023, Milei faced an ailing economy due to corruption, inflation, excessive money printing and a bloated government. At that time, inflation was running at 211%, and exports were just $5 billion for the month. And GDP shrank by 2.3% in the last quarter of the year, according to government data.

A letter signed by 108 economists from around the world, that included Thomas Piketty and former Colombian Finance Minister Jose Antonio Ocampo, released before the 2023 election, warned that Milei’s economic platform was “fraught with risks that make them potentially very harmful for the Argentine economy and the Argentine people.” They also added in their letter that, “However, while apparently simple solutions may be appealing, they are likely to cause more devastation in the real world in the short run, while severely reducing policy space in the long run.”

Fast-forward to 2026, and things look a lot better. Inflation fell to 34% in April, and exports increased to almost $9 billion that same month. And GDP growth surged to 4.4% last year. “The fact is that Milei really knows his stuff,” Evan Ellis, research professor of Latin American studies at the US Army War College Strategic Studies Institute told FOX Business.

ARGENTINA’S MILEI ELIMINATES DEFICIT, HAILED AS MODEL FOR MUSK’S ‘DOGE’

Argentina’s President Javier Milei gestures during a meeting with young people from the Industrial Entrepreneurs Forum of Paraguay (FEIP) organized by the Paraguayan Industrial Union (UIP) at the headquarters of the National Secretary of Sports in As (Daniel Duarte/AFP via Getty Images / Getty Images)

To make that economic bounce-back happen, Milei used policy levers similar to those President Ronald Reagan used when he took office in 1981. First, there was the so-called fiscal shock therapy. “Milei cut state subsidies, eliminated government ministries, which resulted in a primary surplus,” Pete Earle, senior director of research at the American Institute for Economic Research, told FOX Business.

“The country curtailed the financing of fiscal deficits,” Earle said. “The government reset its exchange rate with an informal dollarization, eliminating organized labor unions, and began external engagement by reopening its capital markets, which would result in more competition, which would be better for everyone.” 

“He was that quirky combo that he knew both the theory of minimizing government and the need to maximize individual freedom. He didn’t do things because he wanted votes,” Ellis said.

Then presidential candidate Javier Milei of La Libertad Avanza lifts a chainsaw next to Buenos Aires province governor candidate Carolina Piparo of La Libertad Avanza during a rally on Sept. 25, 2023 in San Martin, Buenos Aires, Argentina.  (Tomas Cuesta/Getty Images / Getty Images)

“While Milei ‘s economic policies have some similarities to Regan’s, he is quite different,” Javier Negre, owner of the La Derecha Diario newspaper, told FOX Business. Negre, who is close to Milei said “Reagan was more establishment; Milei is an outsider.”

Who is Milei as a person? He has a blunt approach when talking to people. “He is not polite,” Negre told FOX Business. “He’ll tell you what he thinks.” He is also a very hardworking President. “He’s a low-cost president and works 20 hours a day,” Negre said. “He’s always on the phone.”

ARGENTINA’S JAVIER MILEI FLIPS INFLATION ON ITS HEAD EVEN AS POVERTY GROWS

Argentina’s economic rebirth was also aided by the U.S. Treasury’s $20 billion currency swap. The swaps helped stabilize Argentina’s currency because of its credibility. And in turn, that credibility attracted foreign investors and more competition. In the last quarter of 2025, capital inflows hit an all-time high of $18.8 billion.

Under Milei, capital markets were opened to international markets, and exports surged. Notably, Argentina’s oil production has grown to 882,200 barrels per day this year, up 32% from 667,000 barrels per day when Milei took office in December 2023. Likewise, natural gas production increased to 48,748 million cubic meters in 2025, up 11% from 43,985 million cubic meters in 2023, according to the Argentina Energy Information website.

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The bottom line of Milei’s economic policies is that they work and can benefit from a similar playbook and so make the world richer and better. Inflation collapsed, and that single change has fed into other things in a positive way,” Earle told FOX Business. “That’s one of the greatest gifts to the rest of the world, and they can see that it works; It’s all grossly positive.”