A.Man

[Rapid Response 47 @RapidResponse47]

"When will the text of the MOU be released?"

@POTUS: "I think pretty soon. I want it to be released because it's a very powerful document. It's not like the Obama document, which was just a terrible document... So probably pretty soon. I would say sometime after Friday."

[The Kobeissi Letter @KobeissiLetter]

The stock-bond relationship is showing a rare pattern:

The 2-month correlation between US equities and the 10-year Treasury yield is down to -0.70, the lowest since 1999.

In other words, over the last 2 months, stocks and the 10-year Treasury yield have moved in opposite directions by the largest extent this century.

At the start of 2026, a positive correlation of 0.40 was observed, near the highest since 2023.

Additionally, the 30-day correlation is down to -0.68, also the lowest in 27 years.

Not even the 2022 bear market saw such a negative correlation, as the 10-year yield rose, driven by elevated inflation and Fed rate hikes, while stocks fell.

Bond markets are incredibly important right now.

[The Kobeissi Letter @KobeissiLetter]

By far, the most incredible part about this market is the fact that the base case now shows incoming Fed Chair Kevin Warsh HIKING rates as his first policy move.

These are market-implied interest rate futures, actively betting that rate hikes are coming next.

President Trump spent the last 12 months threatening to fire Jerome Powell for not cutting rates.

He also said cutting interest rates was a “requirement” for the next Fed Chair and was actively calling for 1% interest rates.

Is Kevin Warsh actually about to raise interest rates after what happened over the last 12 months?

[Libs of TikTok @libsoftiktok]

BREAKING: The man who tried CARJACKING a car in Texas with a family inside who was shot dead by the dad, is an ILLEGAL from Mexico, per FOX

Of course.

Is anyone surprised?

[Libs of TikTok @libsoftiktok]

Do you think Chris Murphy should be EXPELLED from the Senate for rooting for Iran against the United States??

[The Kobeissi Letter @KobeissiLetter]

The US oil market has undergone a historic transformation:

The US has been a net exporter of oil every quarter since 2020, with exports up to ~360 million barrels per quarter, the 2nd-highest on record.

Since 2008, US oil exports have surged +800%, driven by the shale revolution.

Over the same period, imports have fallen by roughly -38%, to ~260 million, near the lowest since the 1990s.

The US has gone from net IMPORTING ~400 million barrels of oil per quarter in 2006 to net EXPORTING ~100 million barrels per quarter in 2025.

This marks one of the biggest energy shifts by a major economy in modern history.

US oil dominance is reshaping global energy dynamics.

[🇺🇸 Mike Davis 🇺🇸 @mrddmia]

Dear @EricSwalwell:

If you attempt to arrest federal immigration officials for doing their jobs, you will go to federal prison.

No question.

- Insurrection

- Seditious Conspiracy

- Assault

- Kidnapping

- Harboring

- Conspiracy

To name a few.

Try it.

See what happens.

[A.Man @A_man222]

@grandoldmemes @grok explain this meme

[A.Man @A_man222]

@Submarines_Rule @TuckerCarlson I’m assuming you don’t drink coffee, by this logic, you should prohibit caffeine too.

[A.Man @A_man222]

America's Lip Pillow https://t.co/k62Pit6pS4

[The Kobeissi Letter @KobeissiLetter]

Shocking stat of the day:

According to CRFB estimates, the House reconciliation bill will add $3.3 trillion to the public debt over the next 9 years.

If made permanent, that would increase the federal debt by a whopping $5.2 trillion by the end of Fiscal Year 2034.

This would raise annual deficits by $2.9 trillion, or $3.3 trillion if made permanent.

Therefore, the annual budget deficit could surpass $3 trillion for the first time in history in 2033.

Interest costs would increase by $1.8 trillion as a result.

The US debt crisis is set to worsen.

[A.Man @A_man222]

@Halvings_org @MarketWatch I see s

[Attorney General Pamela Bondi @AGPamBondi]

A group of MS-13 terrorists recently plotted and executed a brutal attack against prison guards in Virginia.

Fortunately the guards survived—but these terrorists should never have been in our country.

Proud to work alongside @GovernorVA Youngkin to make America safe again.

[zerohedge @zerohedge]

*Boeing Expects $500M in Annual Tariff Costs, Manageable Within Financial Plan, CFO Says

[The Kobeissi Letter @KobeissiLetter]

Shocking stat of the day:

Social benefits reflect nearly HALF of the US government's expenditures.

Social benefits as a share of $7.1 trillion government spending hit 45% in 2024, near an all-time high.

This percentage has surged by ~10 points since 2000.

During this period, Medicaid and Medicare's share of spending is up 2.8 and 3.6 percentage points to 9.4% and 10.9%, respectively.

At the same time, the "other benefits" portion has increased by 2.2 points to 9.9%.

Meanwhile, Social Security now reflects 14.6% of government spending.

Government spending is out of control.

[The Kobeissi Letter @KobeissiLetter]

Shocking stat of the day:

US CPI inflation is on track to hit 4.6% over the next 6 months, according to Bank of America.

CPI inflation has averaged +0.4% on a month-over-month basis over the last 3 months.

If this trend continues, this puts year-over-year inflation on pace to hit 4.6% by July, the highest since April 2023.

That would be more than DOUBLE the Fed’s 2% inflation target.

Even if monthly inflation prints ease to 0.3%, year-over-year inflation would still rise to 3.8%.

Inflation is accelerating.

[Trump War Room @TrumpWarRoom]

🚨 OUR NEWEST AD JUST DROPPED

[Mike's Weather Page @tropicalupdate]

Wednesday AM NHC update on Helene. Major Hurricane still expected. No big changes. Very wide system with impacts way east of cone. And way north after landfall. https://t.co/Hk3pbO7x8H

[The Kobeissi Letter @KobeissiLetter]

This is insane:

Interest expense on US Federal debt is now at a record $3 billion PER DAY.

This is TRIPLE the amount paid 10 years ago and has DOUBLED in just 2.5 years.

Total annual interest costs on Federal debt reached a whopping $1.1 trillion in Q2 2024.

Even if the Fed cuts rates by 1% and all government bond yields decline by 1%, daily interest expense will still be $2.5 billion.

That would be more than double the average paid in 2009-2019.

Debt crisis is an understatement.