I thought Trump was the stable genius? “Anything that goes before POTUS needs to be vetted,” said the person present for Pulte’s poster presentation. “And a lot of times with Pulte they’re not. He just goes straight up to POTUS.” www.politico.com/news/2025/11...

The economic impact of mass deportations will be tariffs to the power of 4. GDP could shrink by 2.6%–6.2%, translating to hundreds of billions in losses. Counterintuitively, it means higher unemployment, higher inflation, & worsening deficits, including entitlement strain.

Briefly detained” has a way of turning into “indefinitely held.” Don’t let the erosion of everyday freedoms be brushed off as the price of safety. That’s the script authoritarians count on you to accept. www.nbcnews.com/news/us-news...

Hickman's Egg Ranch is Arizona's largest egg producer and is one of the top 20 egg producers in the country. In the last few weeks, they've been hit hard, losing 95% of their chickens to bird flu. www.fox10phoenix.com/news/hickman...

Nothing screams fiscal responsibility like buying 1MM Bitcoin ($110B) with taxpayer funds while gutting Medicaid. Because obviously, sick kids & insulin are too expensive—but YOLO bets on crypto? Now that’s nation-building. bitcoinmagazine.com/news/senator...

I wonder how long Musk will last in his new role as 'adviser' before the relationship between him & Trump's cabinet goes sideways? www.nytimes.com/2025/03/07/u...

What the US economy needs is more tariffs....

FACT: Since Trump inauguration, 401K's are getting hammered, house prices are dropping & inventory is increasing, CEO's are throttling back CAPEX$ due to uncertainty, layoffs are the highest since 2008, consumer spending & confidence is nosediving. MAKE AMERICA POOR AGAIN #MAPA

When I look at a geomap, I see potentially a multi-generational shift,” she said. “That reality is not priced in the American stock market at all.” #spx #qqq US Stocks Lagging Behind World Portends Tough Year for Equities www.bloomberg.com/news/article...

Trump proposes to replace the existing EB-5 visa program—which already requires $1.1 million for investment in non-targeted areas & $800K for rural or high-unemployment zones—with a $5 MM "Gold Card" visa designed to benefit himself & his coterie MAGA should be proud www.reuters.com/world/us/tru...

In one stark example, two levered ETFs tied to Michael Saylor’s Bitcoin-hoarding company #MSTR, which were together worth more than $5 billion at one point, are down about 40% in three days. #BTC #MSTR www.bloomberg.com/news/article...

The chaos of Trump's administration is denoted in two pictures. #SPX #QQQ #VIX

Long term, more & cheaper AI, increasing productivity across a broad spectrum of industries. #NVDA valuation thesis just got upended along with the inevitable pause on investment due to DeepSeek for 2-3 quarters as everyone recalculates how much CAPEX is needed. www.tradingview.com/news/reuters...

In The Republic, Aristotle described democracy as one of the "vicious" forms of government that inevitably degenerates into tyranny. He argued that democracy allowed unqualified individuals to govern, leading to chaos and the eventual rise of a tyrant who manipulates the masses for power.

Over 40% of folks who voted for Trump are insured by Medicaid. Steve Bannon, US Hospitals Join GOP Rebellion Over Medicaid Cuts www.bloomberg.com/news/article...

Maybe someone (👀 Trump) wrote a check they're a$$ couldn't cash.

The stupidity of the Trump strategy denoted in one pic. "In the 17th & 18th centuries mercantilists believed that a successful nation should export more than it imports and that the resulting trade surplus should be used to expand the nation’s treasure, primarily gold and silver."

Scott Bessent letter to investors regarding Trump 2nd term: The Key Square view also posits that both political & market analysts are incorrect in their assessment of a Trump second term. It is likely that he would seek rejuvenation/redemption rather than revenge if elected this November. WRONG

And not far behind will be $PLTR. Watch how the government becomes a testing ground for AI use in streamlining operations and culling administrative positions. Corporate America will be watching closely. www.nytimes.com/live/2025/02...

One scientist texted his landlord to say February rent would be late. Another wasn’t able to pay her credit card bill. Yet another wondered how much longer he could afford his mortgage. www.statnews.com/2025/01/30/t...

Project 2025: Family-Centered Approach: The project champions a family-centered approach to healthcare, emphasizing the importance of the nuclear family unit. How are parents going to make educated decisions if scientific information is being censored? www.npr.org/sections/sho...

Ted Cruz Leads GOP Charge to Defund Consumer Financial Protection Bureau -- WSJ Hilarious. Defund the very department (CFPB) that was created to stop banks from lending recklessly—the same behavior that caused the 2008 crash and forced taxpayers to foot the bill for a massive bailout. 👀 $AIG $BA $WF

Rest assured, after DeepSeek released their technical papers, the CEOs of $AMZN, $AAPL, $META, $GOOGL, $MSFT, and $NVDA likely instructed their CFOs to hit pause and scrutinize their CAPEX investments in chips and labor. Give it a couple of quarters for the smoke to clear. $QQQ

“We’re probably a year-plus ahead in models,” Ruth Porat, president and chief investment officer at Alphabet Inc., told Bloomberg News at the event. But, she added, “it isn’t a foregone conclusion” the US holds on to its advantage. #GOOG DeepSeek #MSFT #NVDA

The over-investment in AI makes the overinvestment in fiberoptic cable at the peak of the dot.com bubble look like pocket change. Peter Atwater writing in his Financial Insyghts newsletter #NVDA #SMH #META #MSFT

#DeepSeek impact long term is more & cheaper AI, which increases productivity across a broad spectrum of industries. #NVDA valuation thesis just got upended along with the inevitable pause on investment due to DeepSeek for a couple of quarters as everyone recalculates how much CAPEX is needed.

Boeing deliveries of 737 jets expected in the upper 30s for January, with strong indicators pointing to a potential increase beyond the 38/month production rate. Significant progress being made. - CNBC #BA +5.21% @ $184.24

Future pullbacks could be 2- or even 3-times bigger than the 17% slump posted by Nvidia at the start of this week. "This is the beginning," Taleb told Bloomberg News in an interview after the close of markets on Monday. “The beginning of an adjustment of people to reality. #NVDA

#Jefferies said on CNBC that Jay Powell should listen to all external views on interest rates, especially from experts. Thing is that #Trump is an expert at borrowing money and going deep into debt. He isn’t when it comes to understanding what really drives interest rates. Rosenberg Research

The Llama project within #META supposedly has something like 13 individuals working on the Llama stuff who each individually earn more per year in total compensation than the combined training cost for the DeepSeek-V3 models which outperform it. #NVD

Isn’t it curious that DeepSeek emerged in December, before tariffs on Chinese imports were announced? What a strategic way for China to undermine the largest CapEx investments of America’s biggest & most valuable companies. Chess not Checkers 👀 #AMZN #META #MSFT #NVDA #SMH

Right now, Sam Altman, Jensen Huang, Satya Nadella, Hock Tan, Sanjay Mehrotra trying to navigate the slew of announcements from #DeepSeek. #AMD #AVGO #MU #MSFT #NVDA #SMH

PSA: #NVDA currently makes up about 7% of the $SPX, so read ALL opinions from analysts regarding the fallout from #DeepSeek with a jaundiced eye since most are talking their book. #QQQ

ICYMI. This barnburner of a special is still going strong! Nothing beats the power of FREE. #STLA is struggling...

Another victim of #Project2025 The Air Force confirmed the courses with those videos had been removed and said it “will fully execute and implement all directives outlined in the Executive Orders issued by the President apnews.com/article/air-...

Straight out of Project 2025: *Reining in the Administrative State *Aggressively using executive powers * Challenging the notion of expert "independence" *Hiring and promoting individuals aligned with the President's priorities *Combating "Wokeism" *Removing DEI personnel and committees

Challenging times for the housing industry & patience is key for those looking to sell.

WOW..😬 Thousands of pages of state, county and municipal records reviewed by The Times show the disaster was years in the making. Red tape, budget shortfalls & govt. inaction repeatedly stymied plans for water system improvements. www.latimes.com/california/s...

The so-called equity risk premium, or the extra compensation to an investor for the risk of owning stocks, has fallen into negative territory and reached a level last seen in 2002 during the dotcom boom and bust. - FT #SPX #QQQ www.ft.com/content/f8b6...

Trump's speech was an economic rollercoaster—a schizophrenic mix of cherry-picked facts, grandiose demands, and contradictory promises. One moment he’s touting record growth, the next he’s railing against 'unfair' trade deals. It’s hard to keep up with the whiplash of claims.

Rarely have so many cities ruined by natural disasters attempted to rebuild around the same time. Hurricane reconstruction efforts are under way in NC, Fla, Georgia, SC, Virginia & Tenn. Soon, LA County will be starting to rebuild. Bullish for $WY www.wsj.com/business/the...

Crypto executives concerned about the #Trump & #Melania coins. The grifters are complaining because they're being outgrifted. www.bloomberg.com/news/article...

With the launch of the #Melania & #Trump coins someone with the WH staff needs to take inventory of all the silverware & art works since they're will not be anything left.

👀on #PPC and #TSN as Georgia detects its first case of Highly Pathogenic Avian Influenza (HPAI) ( #Birdflu ) and suspends all in-state poultry sales. Too early to gauge the full impact, but this could ripple across the industry.

Struggling to reconcile these numbers: Milk +7.3%, Butter -2.2%. Same cow, different story? 😂 #foodinflation #Inflation

With global population growth slowing, deflation should be a concern in certain sectors. However, the decline of neoliberalism & the US's shift towards isolationism could lead to inflationary pressures. This suggests the Fed's 2% inflation target might become a relic of the past. #Inflation

Updated estimates from @accuweather.com increased to $250 billion and $275 billion, up from $135 billion to $150 billion in losses, making it one of the costliest natural disasters on record. Insurers are taking a hit: #MCY, #ALL, #CB, & #TRV could face substantial losses.

FWIW. With 30-YR yields now at 4.97%, the higher discount rate for valuing FCF pressures equity valuations, especially in tech. This dynamic is prompting investors to rotate into value sectors like energy, utilities, & financials. I own #ARLP, #BA, #CNQ, #SU 30-day #SPX chart #QQQ 👀 on #Earnings

Today's lesson: Trying to predict an economic outcome with countless variables at play is a fool's errand. That’s why great investors focus on having a flexible game plan—ready to adapt and respond to each plausible scenario as it unfolds. Preparation beats prediction every time.