Independent thinking for complex markets and current events
Kevin Hassett basically said record credit card spending is a strong economy sign and people are cooking him for it. Most families aren’t maxing cards because times are great, they’re doing it to survive groceries, rent, and gas right now. Talk about tone deaf! People are spending more on credit cards and for gas and …
Hassett on American consumers: "Credit card spending is through the roof. They're spending more on gasoline, but they're spending more on everything else too." pic.twitter.com/zayCSaxhwr — Aaron Rupar (@atrupar) May 6, 2026
Authored by Mike Shedlock via mishtalk, The Trump administration takes another smack at freedom of speech. Who Is Paying for the 2025 U.S. Tariffs? That question spawned nonsense from Kevin Hassett, White House economic advisor, and also CNBC in an interview. Please consider Who Is Paying for the 2025 U.S. Tariffs? by the New York Fed. Over …
Google Searches for Dollar "Debasement" soared this quarter to the highest level in history 🚨🚨🚨 pic.twitter.com/qJJFqd5b5h — Barchart (@Barchart) December 6, 2025 Gold has replaced bonds as a hedge against equities. The negative correlation between bonds and equities has broken, they now move together. If you're looking to hedge both equity and geopolitical risk, gold …
Bond investors have told the US Treasury they are concerned about Kevin Hassett’s potential appointment as Federal Reserve chair, worrying he will cut interest rates aggressively to please President Donald Trump. The Treasury department solicited feedback on Hassett and other candidates in one-on-one conversations with executives at major Wall Street banks, asset management giants and …
If you thought Jerome was loose with the stimmy gun…Hassett about to turn the Fed into a full blown meme factory. I came prepared: pic.twitter.com/H7Dg5Onhpc — MortgagesByM (@MortgagesByMB) December 2, 2025 President Donald Trump said over the weekend that he has chosen the next Federal Reserve chair, a decision unfolding as affordability pressures continue to …
KEVIN HASSETT IS NOW THE CLEAR FAVORITE FOR THE NEXT FED CHAIR — AND MARKETS ARE REACTING. 📊 New prediction-market data shows: • Hassett: 55% • Christopher Waller: 19% • Kevin Warsh: 15% His rise matters because Hassett is known for: • Pushing for faster, deeper rate cuts • A strongly pro-growth, market-friendly stance • …
https://twitter.com/NorthmanTrader/status/1931734737481318633 Hassett China not releasing mineral exports at pace US wants — FinancialJuice (@financialjuice) June 8, 2025 White House Press Secretary Leavitt: China must fulfill its trade deal obligations. — First Squawk (@FirstSquawk) June 8, 2025
🚨 BREAKING: Economic Council Director Kevin Hassett says over 50 COUNTRIES have begun negotiating tariffs. “More than 50 countries have reached out to the president to begin a negotiations.” "They understand that they bear a lot of the tariff." pic.twitter.com/2k2RI1sXRA — Eric Daugherty (@EricLDaugh) April 6, 2025