Independent thinking for complex markets and current events
In a surprise move, the Republican-led Senate quickly passed the “No Tax on Tips Act” on Tuesday, giving its official stamp of approval to an idea that has gained traction since President Donald Trump campaigned on it last year. The legislation would create a tax deduction worth up to $25,000 for tips, limited to cash …
Interest rate futures now show a base case of Fed rate cuts being paused until June 2025. The decision to pause cuts appears to be largely uncontested by Fed officials. PCE inflation data Friday is huge. Follow us @KobeissiLetter for real time analysis as this develops. — The Kobeissi Letter (@KobeissiLetter) January 29, 2025
This woman’s 9 year old son dressed as Donald Trump for Halloween They went to roughly 200 houses in a diverse neighborhood, EVERY SINGLE HOUSE was supportive of Donald Trump and said things like “I hope you win Tuesday” “A very diverse neighborhood. We hit houses that were… pic.twitter.com/F8IV8oTX6x — Wall Street Apes (@WallStreetApes) November …
pic.twitter.com/92oFj87lYH — Patrick Webb (@Patrickwebb) June 21, 2024 A mistrial is a trial that is not successfully completed due to a significant error or problem that prevents a fair and impartial verdict. This can occur for various reasons, such as procedural errors, misconduct by a party involved in the trial, a hung jury (when the …