Just think… This week, Nvidia has reached a market capitalisation value of $4.6tn That's more than the entire market capitalisation of all but 33 public companies in the world…

But Bessemt says:- “The $2,000 dividend could simply be the tax decreases that are part of the President’s agenda.” e.g. he said: - No tax on tips - No tax on overtime - No tax on Social Security - Deduction on auto loans So! This is yet an another LIE… You don’t get a payment!

Bessent is now saying:- “The $2,000 dividend could come in lots of forms... It could simply be the tax decreases that are part of the President’s agenda.” e.g. he floated: - No tax on tips - No tax on overtime - No tax on Social Security - Deduction on auto loans So! You don’t get actual money!

@ SCOTUS today, Trump argued he can tariff anyone because the 1977 International Emergency Economic Powers Act (IEEPA) - passed to modernise & limit POTUS emergency economic powers uses the word ‘regulate’ in its terms So! he & he alone gets to define what an emergency is & what regulate means

Has anyone really asked about this famous WH Ballroom? It started @ 60,000 sq ft & $200m, now it’s 90,000 sq ft & $350m! Anyone wonder why we’ve never seen the actual plans, or why none have been submitted to the DC Planning Authority? This is no ballroom, he’s building a whole new White House…

The USA is 340m people & on today, the 1st of Nov 2025; Obamacare premiums doubled affecting over 24m people… SNAP food aid lapsed affecting over 41m people… This! In the richest country the world has ever known…

When THE Buckingham Palace will disown their own family member before the US AG (under oath) or Dept of Justice will even admit there IS a problem The much vaunted US Law & Order system is a Joke…

Lavrov insists that there are ‘understandings’ between Putin & Trump He also says Ru will not freeze the war for talks & Ru demands (Alaska) are unchanged So! If Trump attends the proposed Budapest Mtng with no Ru change & no US leverage, there is no point Seems Trump just wants to sell arms…

Trump meeting Putin in Budapest (home of the infamous Memorandum) is yet another Ru win Criminal Putin will stand on EU soil, discuss lifting sanctions, what arms to provide to Ukr, who should be in NATO, his new demands Trump’s aiding Orban, he knows nxtyr’s election is close, but at what cost?

Quote from a CNBC interview today, answering a Q put by CNBC’s Joe Kerman Bessant: "At the meeting in Geneva, when I asked them [China], 'Why didn't you continue buying soybeans and the other products?' they had one word, and guess what it was? .. Biden." He obviously didn’t win with China 2day…

ICE shooter was not a ‘radical leftist’, as claimed by FBI Director Patel Joshua John’s brother Noah reveals he was a registered ‘Independent’ with a drug charges arrest record, who “didn’t have strong feelings about ICE…” “He didn’t have any strong political feelings as far as I knew” he added

Trump was laughed at again during his speech to the UN GA When he said:- “your countries are going to hell” & about London going to Sharia Law you could see audience members sniggering to each other Again with “falsely named renewables… the wind doesn’t blow” & “I ended 7 wars” smiles all round!

The WH, backing down from it’s announcement that those on a H1B Visa cannot return to the US from tomorrow (Sunday) unless they pay $100K, now say that those operating on ‘existing’ Visas are exempt Obviously the Tech & Health lobbies have pointed out a few home truths to them…

Putin gets his answer from Poland as it deploys >40,000 troops to its borders with Bel and Ru after drone incursions & Ru/Bel military drills close to the Polish border This makes Putin’s plans to threaten the Suwalki Gap & cut off the Baltic States look less & less viable

Interesting take from Megyn Kelly:- “We haven't felt like ourselves since Obama. He was such a slick snake… He was so divisive in his messaging... He’s the one who started to inject race when no one had been doing it…” She adds:- “Trump is the antidote, the answer to the divisiveness of Obama”

Today, NATO’s Sec Rutte says Ru’s drone attack on Poland will not be tolerated AC Gen Grynke has ordered a layered air/ground defence posture, ‘Eastern Sentry’, which will repel all future drone, air or ground intrusion Also, the Polish/Belarus border has been closed Putin has his answer…

In E Ukr Ru is now incapable of conducting attacks at anything more than company level (100 men) Every time Ru gains some ground, it’s lost within a wk, because there’s no viable support. T55 Tks, T74 Artillery, Mad Max stuff & bodies is all Ru has left to use Putin’s plan has run out of steam…

Meanwhile in the EU… The S American MERCOSUR Deal is ratified & is the largest Trade Deal in the World, immediately saving €4bn/y in duties & raising EU exports €50bn This, along with the written agreements with Mexico & Canada leaves Trumps tweet ‘deals’ & tariffs behind, where they should be

The MSM is asking where are the Dem’s & why aren’t they ‘saving the US’ Well! Where were the MSM during the last election? Biden’s - senile, Kamala - no policies, Dems - woke, socialist They did their level best to elect Trump & it worked, 77m votes Now they want Dem’s to save them? Ya… Right!

Putin finally responds to Peace Meeting requests 1. Ukr must give up the Donbas 2. Ukr must never join NATO or a NATO like organisation 3. Ukr must never allow NATO troops on its territory He doesn’t want much does he? Except War, not Peace, WAR!

Imagine: The POTUS had to walk out of an unprecedented ‘All Allies Leaders’ meeting in the Oval Office to go & call Putin privately for 40mins… What for? Instructions… No wonder they were angry. What’s that about? Who is this guy? Who’s briefing him? Who is he representing here?

Summary of today’s EU/US agreement; ➡️ tariff limit for pharma’ and semiconductors ➡️ 15% tariff ceiling for most products, including cars and pharma’ ➡️ 0/0 tariffs on aircraft, cork and generic pharma’ ➡️ commitment to reduce tariffs further ➡️ continued access to the US market, ie, 20% of EU exports

Eu/US must stop the 3.5m b/d of W Urals Ru oil being exported thru the Black Sea. It can be done by 2ndary tariffs on receiving countries M East can easily replace supply & is ramping up to do that If stopped, Ru has no storage & has to shut production. This would be disastrous to the Ru economy

It seems that Ukr has offered Trump weapons purchase contracts (up to $100bn), in exchange for an integral US part in Ukr security guarantees The deal would be financed by Eu & delivered through NATO It is not clear, but it may be that its being paid for primarily out of the Ru Wealth Fund

It seems the order of priorities in the WH Ukr meeting were; 1. Arming Ukr & Allies 2. Security Guarantees 3. Truce 4. Territory 5. Peace Plan This with 1 & 2 coming first, then trilateral meetings with Ru to get to 3 & from there, work on to 4 & 5 If this is the case, it’s v encouraging for Ukr

If the US was at war for 3 years, had achieved <20% of its objective, had >1m casualties & lost a third of its navy, a quarter of its air force & most of its air defences… Would the US say it was winning? The Ru army is down to using e-bikes, motorbikes, even donkeys now in combat I mean FFS!!

Today, Ru lost another General, in Kursk this time (Dep Commander North Army) Ru has lost 12 (Ru conf’) & up to 20 high level Commanders in this war. More than in any war since WW2 Ru advances in Donetsk, Kharkiv, Kherson & Donbas have failed Ukr is NOT giving up anything, why should it?

US soldiers laying a red carpet to the steps of his plane. Putin riding in ‘The Beast’, speaking first @ the presser On stage, giving Trump a diatribe history lesson, even openly hoping Ukr wouldn’t sabotage the process & inviting Trump to Moscow Trump looked small, foolish, amateur, a side show!

Ru has failed to seize Donetsk & now we see the Ru finger hold on the H20 highway has been lost Infiltration & sabotage by FO drones, glide bombs, foot & motorbike troops is costing Ru >1,000 casualties/d for no strategic gain Now, Eu needs to arm Ukr to the teeth to exhaust Ru in these attempts

Trump gifting Putin a meeting (in the US!) without Eu or Ukr at the table is so destructive on so many levels. It is a total victory for Ru, his Stalin/Yalta moment Trump is saying that neither the Eu or Ukr matter. That US & Ru can carve up Eu & they’ll just have to accept it It is unacceptable!

Trump’s Ru/Ukr deal with Putin is dead, even before their scheduled Alaska mtng nxtwk.. Why? Witcoff mis-translated it, Putin won’t give up Donetsk, or anywhere. NO swaps. He want all Donbas too. Plus a Ukr pull back to the Dnipro R Z has said NO & Eu that they’ll buy US arms for Ukr So be it!

Liverpool are 7/4 bookies favourite to win the Premiership without a ball kicked (crazy!) On player money, they’ve spent ~£265m, sold for ~£125m, so nett spend is ~£140m That’s very low, particularly when last year they spent zero Great business as well as performance The ‘Slott Machine!’

Ru’s terms for ceasefire are for a Ukr capitulation. It’s Minsk in new wrapping with Trump again tying it to US Aid to Ukr Why should Ukr give up anything. After 3 years Ru has no air defence, beaten air force & Black Sea navy, exhausted army & failing economy The answer is to beat them. Now..

China imported 160,000bpd of US oil, now it’s stopped Ystdy OPEC increased production by 547,000bpd after already increasing by 548,000bpd in Aug bringing tot 2025 increase to 2.2m bpd The US is being cut out of its oil export market share. This will affect US trade & the opening of new oil wells

Between the three supposed trade deals, with the EU, Japan & S Korea Trump has is selling 245% of the max possible US supply of Liquid Natural Gas (LNG) These deals are bullsh*t. As usual, he’s selling something he doesn’t have Trouble is. The people on the other side of these deals know that too

In other news from ‘The Court of the Mad King’; Trump Press Secretary Leavitt announces that he will begin constructing a White House Ballroom “President Trump and other donors have generously committed to donating the funds necessary to build this approx’ $200m structure” she said

What’s not understood about this US to EU 3yr $250bn/y oil/gas deal is that the US hasn’t got this level of supply, or even half of it! Also the $600bn EU investment in US is only EU banks (if allowed by their State Gov’s), underwriting loans for others to invest in the US. It’s not EU investment!

With this 15% EU tariff rate the US chooses to tax itself more & that’s not a matter for the EU Yes! it makes trading with the US more difficult, but not impossible, particularly when at the same time, the US is also tariffing (taxing) the raw materials it uses to make the same products itself…

Ghillane Maxwell today filed her reply brief to SCOTUS after her interview by Todd Blanche, DJT’s former lawyer She’s saying that SCOTUS should take up her appeal case, which if they do, means there’ll be filings & arguments for months ahead Not good news for DJT. Perhaps a pardon IS on the cards…

The EU/US Trade Deal includes on tariffs:- 1. Cars- Reduced from 27.5% to 15% 2. Chem/Agri/SemiC - flat 15% 3. steel/Alu - Zero rate (agreed quota) 4. All other (eg:Aero, SemiC) - Zero rate Together with a 3yr deal to buy €250bn/y oil/gas from US (@ fixed rates), this is a good deal for the EU

Because it was Ursula, I just wasted 30 mins listening to the entire US/EU press conf’ He droned on in vague generalities, laced with lies & sidetrack ‘sir’ stories, while the EU Commission President, representing the world’s largest trading block sat silent, stone faced I fear for US trade!

When Trump says Jap is ‘giving’ the US $550bn, it is a lie… It is funds ‘expected’ to be channeled through Japanese state banks like JBIC and NEXI, with only about 1–2 % as actual equity. The rest is to be loans or guarantees to OTHER investors on TBA terms This was mostly already in the CHIPS Act

Trump’s says his Trade Deal with Japan is 15% Tariffs & $550bn Japanese investment in US, who get 90% of profits BUT THERE IS NO TRADE DEAL Japan says a deal is “not on the table. We understand the US is issuing an EO for taxing itself 15% on Japanese imports”, nothing more There is no $350bn

The GOP Senate & Congress Bill cutting all Federal funding ($1.1bn) from NPR/PBS central & regional networks is an act of pure public vandalism No other country would be so stupid, cruel and wanton to the millions of citizens who cherish this service All because of some GOP cult of envy & spite!

In Gaza, in the last 6wks 800 people have been killed queuing for food aid. In the last day 10 children were killed in one incident alone All were killed by Israel, guns, bombs, shells, grenades If Israel won’t stop this, the West (US & EU) must make them 80,000 Palestinian dead is enough… STOP!

In 3.5 yrs of Ukr war Ru has:- 1. Less territory than in 2022 2. Failed to capture any of 23 regional capitals 3. Over 1M casualties 4. Lost control of the Black Sea 5. Lost its air defences 6. A failing economy 7. To resort to DPRK troops on the front line Ru is not winning in Ukr, it’s losing!

90 Deals in 90 Days? Countries queuing up? Phones ringing? It’s all fake, it’s a game. It’s just self imposed hoops & deadlines in his Reality TV Show called ‘Trade Deals’ Now it’s not Jul 7th, it’s Aug 1st & letters to those he’s mad at Why would any country take this Administration seriously?

Ru is still losing >1,000 men/d on the Ukr front lines & lstwk lost >1,500 in Sumi in 1 day DPNK has now agreed to send 30,000 more to Ukr, having lost >50% of the 10,000 it already sent to Kursk in Ru Diff’ now is these will be used in E Ukr (not Ru), drawing DPNK directly into the war

Trumps BBB has not cut taxes, it’s just redistributed them across time He’s increasing the debt by >$3.0tn in the largest transfer from poor to rich in US history To hide what’s been done, health cuts won’t start till after the mid-terms But debt repayment will go from $1.1tn/y to $1.5tn/y