Independent thinking for complex markets and current events
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
*WHITE HOUSE SAYS 25% TARIFF ON CANADA AND MEXICO TO REMAIN IN EFFECT And the walk back of the cave in begins immediately. — Spencer Hakimian (@SpencerHakimian) April 9, 2025
“Are you optimistic, then, that this situation will change, and we’ll see a resurgence in big particle physics discoveries? That’s a very good question because it looks as if there’s nothing we can do. If the situation proceeds in such a way that every new breakthrough requires a 10-fold, or even larger, increase in the …
The gate is swinging open in Washington, and what’s crawling out of Meta’s vault isn’t just scandal. It’s treachery dressed as business. A former senior director at Facebook, Sarah Wynn-Williams, is set to testify that Mark Zuckerberg’s empire quietly cut deals with Beijing while Americans slept. This wasn’t just backroom diplomacy. According to her, Meta …
Politico was surprised that countries are not quickly raising their tariffs. Trading partners wonder what pain level he will sustain and who must concede first. The bottom line is that when it comes to Trump today, “We don’t know what the pain threshold is,” said Brian Gardner, chief Washington policy strategist for investment banking firm Stifel …
President Trump announces he'll be requesting a record-breaking $1 trillion Pentagon budget. "$1 trillion, and nobody's seen anything like it. We have to build our military and we're very cost conscious. But the military is something that we have to build, and we have to be… pic.twitter.com/WkGoNrUytW — Ken Klippenstein (@kenklippenstein) April 8, 2025 What …
SALT LAKE CITY — Health Secretary Robert F. Kennedy Jr. on Monday said he plans to tell the Centers for Disease Control and Prevention soon to stop recommending fluoridation in communities nationwide, adding that he’s assembling a task force to focus on the issue. Also on Monday, the Environmental Protection Agency announced it is reviewing …
President Trump says 50% tariffs are going into place on April 9th — Financelot (@FinanceLancelot) April 8, 2025 Don’t you all get it? Trump doesn’t give AF. This isn’t about tariffs, he wants the supply chain out of China. And that’s why China will retaliate tonight. Tonight might be the limit down night. The market …
from Kerry Lutz’s Financial Survival Network We sat down with Ivan Bebek, CEO of Coppernico Metals (🇺🇸 CPPMF — 🇨🇦 COPR), to for a sponsor update to discuss the company’s latest drilling program and the booming metals market. Ivan shares exciting updates on their first 20 drill holes in Peru, revealing promising signs of a massive copper system. With …
https://twitter.com/Big__Red__144/status/1909248768240648396
Saw the Navarro interview on CNBC this morning. The Trump administration is not budging on anything. They don’t have any interest in negotiation. They want trade on their terms period. Now Europe is retaliating. All I see are lower stock prices. — QE Infinity (@StealthQE4) April 7, 2025 He's losing his mind … lol pic.twitter.com/mN0t3jOZqL …
BREAKING: President Trump says "oil prices are down, interest rates are down… and there is NO INFLATION." pic.twitter.com/cK1p8RKlTt — The Kobeissi Letter (@KobeissiLetter) April 7, 2025
Billionaire investor Leon Cooperman on Trump’s policy and the markets: “You can’t fix 30 years of economic mismanagement overnight. He’s taking the right steps, but he’s moving too fast.” He also added: The bottom for the stock market isn’t in yet—sell into strength. The long… pic.twitter.com/CONDSUCR3U — Wall St Engine (@wallstengine) April 7, 2025 BILLIONAIRE …
BREAKING: Bill Ackman, a long-time Trump tariff supporter, accuses Commerce Secretary Lutnick of "profiting when the US economy implodes." He says picking Lutnick as Commerce Secretary is an "irreconcilable conflict of interest." Tariff backlash is heating up. pic.twitter.com/DdBoEjdECr — The Kobeissi Letter (@KobeissiLetter) April 7, 2025 U.S. INVESTOR BILL ACKMAN ON X: 'THE PRESIDENT IS …
BREAKING: President Trump says, "We have to solve our trade deficit … Unless we solve that problem, I'm not going to make a deal." https://t.co/STlqrVo2NQ pic.twitter.com/TXcH7qIuJf — The Kobeissi Letter (@KobeissiLetter) April 7, 2025 BREAKING: Trump says he is not interested in negotiating with Europe over the tariffs and that he will not be lifting …
🚨 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
Tech mogul Elon Musk, who has served as a close advisor to President Donald Trump, on Saturday broke with the president’s decision to impose expansive tariffs on most foreign nations, saying that he hopes to see a “zero tariff situation” between the United States and Europe. “I hope it is agreed that both Europe and …
Trump’s transportation chief Sean Duffy says DOGE can help MTA cut ‘fraud, waste and abuse’ as he rides subways with NYC Mayor Adams https://t.co/T8xenR92f1 pic.twitter.com/fe1bO9V9Gu — New York Post Metro (@nypmetro) April 4, 2025 #MTA threatens another 'Summer of Hell' of subway disruptions if #NYC doesn't cough up billions — as transit agency touts its …
Nina Jankowicz is smarter than the rest of us. That’s how she rose to be director of the Department of Homeland Security’s Disinformation Governance Board. “Everything looks like a conspiracy when you don’t know how anything works,” Jankowicz told the House Foreign Affairs South and Central Asia Subcommittee in a hearing about the State Department’s …
President Trump just accused Fed Chair Powell of always being "late" to cut rates. Despite markets pricing-in more rate cuts, Powell is saying he is willing to wait. US stocks are extending losses. Follow us @KobeissiLetter for real time analysis as this develops. — The Kobeissi Letter (@KobeissiLetter) April 4, 2025 I think he is …
Canadian Prime Minister Mark Carney spins a tale of Automaker Stellantis temporarily shutting down auto plants in Canada and Mexico as an outcome of President Trump’s tariffs. Unfortunately, the gaslighting by Carney might work on less intellectual SnowMexicans, but it fails here. Stellantis, an EU centered auto company who sell Dodge, Ram (made in Mexico) …
2008. Bernie Sanders: Free trade without tariffs will destroy American manufacturing. Of course Bernie now says that Trump's tariffs will destroy America. 🤡 pic.twitter.com/H61VBdoeag — MAZE (@mazemoore) April 3, 2025
BREAKING: President Trump comments on the stock market's reaction and says "it's going very well" and the "market is going to boom." https://t.co/Mp5l2qc128 — The Kobeissi Letter (@KobeissiLetter) April 3, 2025 WASHINGTON — President Trump brushed off a steep stock market plunge Thursday following the announcement of his “reciprocal” tariffs — saying he expected a …
Russia says it 'cannot accept' US proposal for Ukraine peace deal and issues fresh set of demands https://t.co/mo5uK4f4Bs via https://t.co/bW2q6pdcHt — Doris Bivings♏🦂🦃🎃💙💙❤❤🇺🇦 (@BivingsDoris) April 1, 2025 Russia is taking US proposals for a cease-fire in Ukraine “seriously” but can’t accept the deal as it stands, a senior Russian diplomat said Tuesday — suggesting peace …
JUST IN: 🇺🇸 Elon Musk says the US Government "deleted a terabyte of financial data to cover their crimes…" "But they don't understand technology, so we recovered it." pic.twitter.com/bWrYSgqSXs — Watcher.Guru (@WatcherGuru) April 1, 2025 🚨 ELON MUSK: "Someone is going to be arrested tomorrow. He actually stole 400,000 social security numbers & personal information …
by Mike Shedlock If Trump remains angry, no country buying Russian oil will sell anything to the US. The Wall Street Journal reports Trump Expresses Anger at Putin as Ukraine Talks Make Little Progress On Friday, Putin called for “interim governance” in Ukraine under the auspices of the United Nations, which would essentially push out Ukrainian …
New Jersey legal weed products contained exponentially higher levels of yeast, mold and bacteria and were often far less potent than advertised, a team of secret shoppers discovered after submitting pre-rolled joints for testing. A study released by the Safe Leaf Society this week calls into question the testing capabilities of cannabis testing laboratories after …
BEIJING, March 31 (Reuters) – China, Japan and South Korea agreed to jointly respond to U.S. tariffs, a social media account affiliated with Chinese state broadcaster CCTV said on Monday. The comments came after the three countries held their first economic dialogue in five years on Sunday, seeking to facilitate regional trade as the Asian …
So was his call with Putin and Zelensky.