The Clicks Are Lying

June 3, 2026 - Zach and Chase discuss the growing incentives problem across financial media, why credibility is becoming increasingly valuable in a world driven by algorithms, and how investors can separate signal from engagement farming. They also break down the latest action in oil, AI speculation, SpaceX's eye-popping valuation, passive flows, retirement demographics, equity supply dynamics, and why several of the conditions historically associated with market bubbles are now appearing simultaneously. Finally, they revisit the Strait situation, China's role in global oil markets, and why the underlying math continues to matter more than the headlines.