Independent thinking for complex markets and current events
House Republicans discussed plans for a second party-line megabill during their policy retreat in Florida this past week, and now GOP senators want in on the action. Sen. Joni Ernst (R-Iowa), in her capacity as head of the Senate DOGE Caucus, sent a letter to Speaker Mike Johnson and House Budget Chair Jodey Arrington (R-Texas) …
President Trump’s frustrated response to a crypto corruption question shoehorned at the end of his 60 Minutes interview was cut from the show’s final edit. CBS aired a 28 minute version of the Trump interview on TV, then released a 73 minute extended cut online, which was also shared by the White House’s RapidResponse 47 …
Money market funds just hit an all-time high of $7.4 TRILLION 99% chance the Fed cuts rates in 6 days. Rate cuts will push treasury holders to seek more risk, driving liquidity into Bitcoin and other assets Liquidity tsunami incoming ‼️ Money market funds just hit an all-time high of $7.4 TRILLION 99% chance the …
You can’t cut rates when you have inflation. David Tepper says Fed could cut a few more times, but easing too much risks entering ‘danger territory’ Hedge fund billionaire David Tepper said the Federal Reserve could cut rates a bit more, but then risks more inflation and other dangers to the economy and markets if …
Traders are piling into record highs as if cheap money alone fixes slowing jobs and sticky inflation. It’s not disconnected from Money Supply though. pic.twitter.com/PsN8F6YMfu — Graham Sanders (@geswolfcrest) September 12, 2025 When the tide goes out, we get to see who was swimming naked. I expect epic amounts of fraud to appear as the …
https://twitter.com/AlessioTMAD/status/1959952991399596149 Bloomberg U.S. Financial Conditions Index has risen to highest since late February (near when S&P 500 peaked that month) pic.twitter.com/eDKvF0VSx9 — Liz Ann Sonders (@LizAnnSonders) August 25, 2025 Bloomberg @economics’ Fed Sentiment NLP Model jumped by 0.49 points on Friday (one of largest single-day jumps this summer) … implies that Powell’s speech leaned more …
No fluff here. ICE just landed a massive budget increase. Trump signed the One Big Beautiful Bill on July 4. DHS now gets $28 billion every year. That money fuels detention, deportation, and a hiring spree unlike anything ICE’s seen before. Goal is 10,000 new agents by 2029. First batch is 2,500. That number’s baked …
The economic data released this morning, July 17, 2025 at 08:30am ET, paints a clear picture: inflation is not accelerating. It’s cooling, and the Fed has breathing room. Import prices rose just 0.1% month-over-month in June, with the year-over-year rate at -0.2%. That’s deflationary. Export prices jumped 0.5% MoM and 2.8% YoY, but that’s external-facing. …
Elon Musk is done playing nice. The debt ceiling bill passed the House. It raises the cap by five trillion dollars. The Congressional Budget Office projects a $3.3 trillion deficit increase over the next ten years. Medicaid gets cut. SNAP gets cut. EV credits get wiped. The tax cuts stay. The red ink spreads. Musk …
Powell admitted that even though the markets are pricing in multiple rate cuts this year, Powell himself has no idea if the Fed will be cutting rates at all this year. The truth is the Fed should be hiking rates. Cutting rates instead would just compound the Fed's mistake. — Peter Schiff (@PeterSchiff) May 7, …
The federal government has been bloated for far too long, drowning in inefficiency, waste, and bureaucratic red tape. Now, with Musk at the helm of DOGE, the momentum is finally shifting toward real change. KEVIN O’LEARY: DOGE NEEDS TO CUT MORE “There's this concept in private equity when you get a bankrupt company, and you …
U.S. negotiators pressing Kyiv for access to Ukraine’s critical minerals have raised the possibility of cutting the country’s access to Elon Musk’s vital Starlink satellite internet system, three sources familiar with the matter told Reuters. Last fall, Ukraine floated the idea of opening its critical minerals to investment by allies. Trump has embraced the idea, …
This is just the start of a downward spiral. The Bank of England’s decision to cut rates when inflation was already creeping up looks like a massive misstep, and people will be feeling the consequences for a while. https://twitter.com/rev_cap/status/1892149956833657199 Ouch‼️ UK #inflation jumped to 3.0% in January, from 2.5%, led by transport and food. The …
On Saturday, the Baltic states will finally desynchronise from the BRELL electricity grid, which links it to Russia and Belarus. But the region is still vulnerable to Russian attacks on its energy infrastructure. History happens this weekend, when Estonia, Lithuania and Latvia desynchronise from the Soviet-era electricity grid that has kept the Baltic states connected …
This is why they panic when anyone dares to pull back the curtain. $8 million to Politico? Millions to the BBC? The media wasn’t reporting the truth—it was getting paid to push the narrative. And Washington? $100 billion in fraud exposed with just a 1% audit—that should terrify everyone. The lies aren’t working anymore, and …
The UK’s finances are beyond broken, and yet, the stock market cheers. The illusion continues—for now. The Bank Of England cut rates while increasing their inflation expectations If you think they did this to support UK economic growth then remove your beer goggles: – BOE run out of gold leading in the market inventory it …
https://threadreaderapp.com/thread/1886784207558480381.html Ilhan Omar conducting seminars for illegal Somalians on how to evade ICE She is breaking the law. Literally. Outright. https://t.co/T4mrPDvcNy — Elon Musk (@elonmusk) February 4, 2025
Two senior Federal Reserve officials said Monday that they are in no rush to cut interest rates further given the uncertainty surrounding the U.S. economic outlook and the White House’s new policies, including tariffs. “In my view … it’s really appropriate for policy to be patient, careful and there’s no urgency for making additional adjustments, …
To make America great again one thing we need to do is transition from an income-based tax system to a consumption-based tax system. Tariffs tax consumption. Since you get less of what you tax, tariffs reduce consumption. So, in the short run that means a severe U.S. recession. — Peter Schiff (@PeterSchiff) February 3, 2025 …
Stock futures were down sharply on Monday on concern about an artificial intelligence stock bubble popping because of the emergence of Chinese startup DeepSeek that possibly made a competitive AI model for a fraction of the cost. Futures tied to the Dow Jones Industrial Average dropped 430 points, or 1%, while S&P futures shed 2.3%. …
https://twitter.com/WorldHallOfFun/status/1881230299839025651
by Mike Shedlock No, this isn’t a Babylon Bee Headline. It’s from a Newsom post on X. Grok created the image. New Executive Order “NEW: Just issued an Executive Order that will allow victims of the SoCal fires to not get caught up in bureaucratic red tape and quickly rebuild their homes. We are also …
Woke items: ‘Midnight Stroll Transgender Cafe’ https://www.foxnews.com/politics/la-county-cut-fire-budget-while-spending-heavily-dei-woke-items-midnight-stroll-transgender-cafe First, the LA fire department’s budget actually increased by more than 7% compared to the previous fiscal year: https://www.latimes.com/california/story/2025-01-10/how-much-did-the-l-a-fire-department-really-cut-its-budget Second, LA county has a budget of $49.2 billion for the 2024-2025 fiscal year (source). The amount allocated to the Gay Men’s Chorus of Los Angeles ($14,010), for instance, …
He is voting history says a different story. — Just Peachy Liberty (@JPeachyLiberty) January 3, 2025
Hence, I think this will happen. Which explains SOME of the need for Greenland as well to cover the flank of the new expanded USA. BREAKING: Kevin O'Leary is headed to Mar-a-Lago to discuss Canada's annexation! "At least half of Canadians are interested. I'm gonna go to Mar-a-Lago and convince Trump myself."pic.twitter.com/I9chps5PdT — Gunther Eagleman™ …
DEFICIT: For the first time the CBO is admitting Trump’s tariffs (or threat of tariffs) could cut the deficit by trillions. h/t @WallStreetMav pic.twitter.com/zWbOMhWf2G — @amuse (@amuse) December 20, 2024 The CBO estimates that a uniform increase in tariffs of 10% on all imports would decrease the federal deficit by $2.2 trillion over the next …
Enjoy your rate cut this week. There might not be another one for a long time. pic.twitter.com/Z04lWsu2Tn — QE Infinity (@StealthQE4) December 16, 2024 This is what “sticky” inflation looks like. pic.twitter.com/zcKIeq34a2 — QE Infinity (@StealthQE4) December 16, 2024 Yields on 10-year Treasuries rose about a quarter of a percentage point last week, the biggest …
In 2021 there were three spikes in Nasdaq Hindenburg Omens. The first two were followed by corrections -10%. The third one in November 2021 was followed by bear market. We see the same pattern in 2024. Two corrections (April, July) and a third spike in November: A Hindenburg… pic.twitter.com/VSngerA3Hl — Mac10 (@SuburbanDrone) December 13, 2024 …
