Independent thinking for complex markets and current events
House Republican leaders tentatively planned to vote on President Trump’s rescission package during the week of May 5, 2025. The package includes $9.3 billion in cuts to the State Department, NPR, PBS, and other areas, with the majority of the cuts focused on foreign aid, totaling roughly $8 billion. The vote was part of a …
*US TO CUT TARIFFS ON CHINESE GOODS TO 30% FROM 145% FOR 90 DAYS *CHINA TO LOWER TARIFFS ON US GOODS TO 10% FROM 125% FOR 90 DAYS China going to 10% is where I expect both sides to be at by the end of these talks. The US needed to save face and stay …
Speaker Mike Johnson told House Republicans behind closed doors Thursday that he is pursuing $1.5 trillion in spending cuts as part of the GOP’s party-line megabill, resulting in a smaller tax cuts package of $4 trillion. The scaled-down component of President Donald Trump’s “big, beautiful bill” would present a huge challenge to House Republicans and …
The Federal Reserve has kept rates unchanged. They are warning of higher risks due to tariff shock. Here we go… — Gold Telegraph ⚡ (@GoldTelegraph_) May 7, 2025 FED DECISION HIGHLIGHTS – MAY 7, 2025 1.Interest rates held steady for the third consecutive meeting. 2.Inflation described as still “somewhat elevated.” 3.Economic outlook grows murkier, with …
Global money supply is exploding higher, led by the #PBOC. Next stop for #Bitcoin is 120k. Mark my words boys mark them well. pic.twitter.com/pPlk2eaapR — James Choi (@JC_Investment) May 7, 2025 Boom. Breaking news: China to cut a series of rates: Reserve ratio requirement by 0.5ppt7-day reverse repo to 1.4% (from 1.5%)Structural tools rate by …
Trump presented the new budget in which he requests $1 trillion for defense – MorePerfectUnion Trump has asked Congress to increase the defense budget for the next fiscal year to $1.01 trillion, the White House has officially announced. The proposal includes: – $163 billion in cuts to health care, child care, education, housing, research, clean …
As expected… Estée Lauder layoffs are in full swing now. They had already approved $623 million in severance costs and cut more than 2,600 positions as part of the plan to eliminate 5,800 to 7,000 jobs.https://t.co/nYAFAmS1sZ All projections show they should reach closer to… https://t.co/tnj1aiXROY — Amanda Goodall (@thejobchick) May 1, 2025
BRIEF: Consumers are in deep trouble and cut is necessary ASAP. The Treasury Secretary spoke through the financial media to Jay Powell. He had a very simple message for the Fed Chair: pay attention to the 2s. And Ronald McDonald. It’s not just the Treasury market. If only that was the case, there is also …
BREAKING: Ukraine President Volodymyr Zelenskyy said he is cutting short his official trip to South Africa and returning home after a Russian strike on the Ukrainian capital Kyiv killed at least nine people and injured more than 70. https://t.co/cnvoZH55AG — The Associated Press (@AP) April 24, 2025 KYIV, Ukraine (AP) — Russia attacked Kyiv with …
The IMF projects the overall U.S. federal deficit will dip to 6.5% of gross domestic product this year, down from 7.3% in 2024 The multinational fund cited increased tariff revenues for the decline The IMF highlighted uncertainty surrounding the rollout of higher tariffs and potential revenue increases The International Monetary Fund forecasts U.S. tariffs will …
CALIFORNIA’S GAS PLAN: LESS FUEL, MORE PAIN AT THE PUMP California is about to lose 20% of its fuel-making power, and drivers are bracing for impact. Valero’s Benicia refinery will shut down in 2026, cutting over 400 jobs and slashing supply in a state already paying $4.83 a gallon—$1.68 above the national average. So, lawmakers …
*IMF CUTS GLOBAL GROWTH FORECAST TO 2.8% IN 2025, CITING CENTURY-HIGH U.S. TARIFFS — Investing.com (@Investingcom) April 22, 2025 US Philadelphia Fed Non-Manufacturing Activity Apr: -42.7 (prev -32.5). 👇🏼 pic.twitter.com/YwRqrzxYT4 — Kalani o Māui (@MauiBoyMacro) April 22, 2025 U.S. FACES “MANUFACTURED” RECESSION IN 2025, IIF WARNS The IIF expects a policy-driven downturn—not a shock like …
🇩🇪GERMANY SLASHES GROWTH FORECAST – STAGNATION NOW ON THE MENU Germany just tossed its 2025 growth forecast in the trash – now expecting zero growth instead of the already sad 0.3%. That’s 2 years of economic flatlining…and with Trump’s tariffs back in play, Berlin’s staring… https://t.co/hCh8K7x1Mm pic.twitter.com/HPvspVNnGl — Mario Nawfal (@MarioNawfal) April 22, 2025 BERLIN …
BREALING: President Trump calls for "preemptive [rate] cuts" and claims "there is virtually no inflation." Trump is now calling Fed Chair Powell "Mr. Too Late." pic.twitter.com/I3sBD0b6RI — The Kobeissi Letter (@KobeissiLetter) April 21, 2025 *PRESIDENT TRUMP: “THERE CAN BE A SLOWING OF THE ECONOMY UNLESS MR. TOO LATE, A MAJOR LOSER, LOWERS INTEREST RATES NOW… …
Markets price sub-2% rates with German 2-year falling under 1.7%… Something big just happened in Europe… and almost no one is talking about it. Last week, the ECB cut rates again — their 7th rate cut since last June — and while that made headlines, the real story is what’s happening underneath the surface: 📉 …
Home prices are set to drop in these 10 cities in 2025. Homebuyers and real estate investors will find more deals on the market in these cities, and lower prices throughout the year, if the current trends hold. Access our home price forecast for your area at www.reventure.app. The biggest area where home prices are …
The premise of your post is completely untrue and incorrect, and you’re just trying to scare vulnerable people. The Cuts are to waste, fraud, and abuse. And not a single person who qualifies for benefits, will receive less benefits.. Republican Speaker Mike Johnson explains:… pic.twitter.com/264jn6YkHc — Suzanne 🇺🇸♥️ (@snoopsmom123) April 11, 2025
Elon Musk once promised $2 trillion in government savings. Today he says they’ll get $150 billion in FY26. pic.twitter.com/RPvWipVK96 — The Bulwark (@BulwarkOnline) April 10, 2025
Speaker Mike Johnson told Republican holdouts on the party’s crucial budget plan in a private meeting Wednesday night that they could oust him from the speakership if he doesn’t follow through with his fiscal promises, according to three people with direct knowledge of the matter who were granted anonymity to discuss it. Johnson pledged to …
The U.S. House of Representatives narrowly passed President Trump’s budget proposal, marking a pivotal moment in shaping the future of U.S. fiscal policy. With a 216-214 vote, the resolution secures the permanence of the 2017 Tax Cuts and Jobs Act (TCJA), cementing its impact on taxpayers and the economy. However, the vote also sparked serious …
Talk about a shift in sentiment: The 10-year note yield now pushing above 4.20% while the S&P 500 falls -4.5% in 3 hours. Yields are ABOVE levels seen before "Liberation Day." Once again, bond markets are telling us something. pic.twitter.com/zOQcikVObA — Adam Kobeissi (@TKL_Adam) April 8, 2025 FHA delinquencies are skyrocketing, 15.11% of all FHA …
“JPMorgan today lowered its price target on Amazon $AMZN to $220 from $270 while maintaining its Overweight rating JPMorgan lowered its price target on Google $GOOGL to $180 from $220 while maintaining its Overweight rating JPMorgan lowered its price target on $META to $610 from $725 while maintaining its Overweight rating JPMorgan lowered its price …
Trump’s moves on Social Security – staff cuts, leadership changes, and benefit reforms – are sending shockwaves through America’s retiree population. With uncertainty mounting, it’s more important than ever to know what’s happening so you can make the right move… From Peter Reagan at Birch Gold Group Social Security has long been a landmine for anyone …
ISM services index slips to 50.8% from 53.5% The service side of the U.S. economy, known as its engine, grew in March at its slowest pace in nine months, reflecting government spending cuts and uncertainty among businesses spawned by U.S. tariffs. The services index compiled by the Institute for Supply Management dropped to 50.8% in …
ELON: THERE WILL BE NO CUTS WHATSOEVER TO LEGITIMATE SOCIAL SECURITY PAYMENTS Member of the audience: “I constantly hear that the DOGE efforts are going to do things like take away Social Security payments and reduce other government payments like that. Can you talk again… https://t.co/cGwmT4NzJB pic.twitter.com/UvelOIkmnv — Mario Nawfal (@MarioNawfal) April 3, 2025 Elon …
US ComSec Lutnick: 20% China Tariff Would Drop If Xi Offers Fentanyl Cuts – BBGTV — LiveSquawk (@LiveSquawk) April 3, 2025
Liquidity moves markets. Everything else is just noise. That’s why Trump’s 20% tariff and the government spending cuts led by DOGE are setting off alarm bells. The U.S. is about to see a major shift in cash flow, and investors are paying attention. A blanket 20% tariff on all trading partners would push the U.S. …
A federal appeals court on Friday cleared the way for Elon Musk and his Department of Government Efficiency to resume their efforts to shut down the U.S. Agency for International Development. The ruling from a three-judge panel of the 4th Circuit Court of Appeals lifted a lower-court judge’s injunction that had temporarily blocked Musk and …
The Trump administration is discussing a surprising option to help fulfill his campaign-trail promises: Allowing the richest Americans’ tax rates to rise in return for cutting taxes on tips, a senior White House official tells Axios. The big picture: Some White House officials believe letting income taxes on the very highest earners rise would buy breathing room on …
