Mark Stewart

[Republicans against Trump @RpsAgainstTrump]

Ontario Premier Doug Ford is threatening to cut off electricity and critical minerals to the United States if the escalating Canada-U.S. trade war gets worse.

“He underestimates Canada. We’re all in,” Ford told The Associated Press. “Up here, we’re at a fever pitch, everyone’s in for an economic war. They know they’re going to have to sacrifice.”

[Bull Theory @BullTheoryio]

BREAKING: 🇺🇸 US rice prices are up 48% since the Iran war started.

Food inflation in the US is going insane.

[unusual_whales @unusual_whales]

BREAKING: US homebuyer demand has fallen to a record low, with just 967,000 buyers competing against 1.46 million sellers, a 51% surplus of sellers.

[Lukas Ekwueme @ekwufinance]

While everyone is distracted by the manipulated oil price... diesel is trading at $183 per barrel.

- WTI: $87
- Diesel: $183

People say oil is the lifeblood of our economy...But it's actually diesel.

Diesel powers:

- Most farming operations
- Most mining operations
- ~80% of US freight by weight
- ~80% of global trade

We're going to feel the inflationary pressure of $183 diesel while crude is struggling to stay above $80.

Brace for inflation.

[Peter Schiff @PeterSchiff]

Trump is hitting Americans hard with 50% tariffs on Canadian autos, trucks, auto parts and steel. Americans purchase a lot of those goods from Canada, and those goods will now be vastly more expensive for Americans to buy, worsening the government-created cost of living crisis.

[The Hormuz Letter @HormuzLetter]

BREAKING: Canada threatens to cut off all electricity and critical minerals to the US, including high-grade nickel and uranium, if the Canada-US trade war worsens, per AP.

Ontario Premier Doug Ford says "I'll cut them off… You won’t get a grain of sand out of Ontario," adding "What would they do without the high-grade nickel?"

Ontario Premier Doug Ford says "everything is on the table" including power to 1.5 million American homes and high-grade nickel/uranium, after Trump announced new 50% tariffs on Canadian autos, parts and steel starting next year and 50% tariffs on $20 billion worth of Canadian goods Saturday.

[Political Polls @PpollingNumbers]

July grocery prices:

🔵 2024:
🥩 Ground beef: $5.55
🥛 Milk: $3.96

🔴 2026:
🥩 Ground beef: $6.85
🥛 Milk: $4.31

Beef is up 23%. Milk is up 9%.

[Barchart @Barchart]

U.S. has just 41 days of crude oil inventory left, the lowest level in half a century 🤯 👀

[Politics UK @PolitlcsUK]

🚨 NEW: Graduate jobs have dropped by almost 50% in just a year as employers replace entry-level roles with AI

[Politics UK @PolitlcsUK]

🚨 NEW: The Green Party has drafted a policy proposal to remove tasers and pepper spray from police officers

[@thetimes]

[ThePatrioticBlonde™🇺🇸 @ImBreckWorsham]

TRUMP: “We'll by Argentinian beef.”

Reporters:' What about the US farmers who are suffering?'

Trump: “Argentina is fighting for its life. Do you understand me? They’re dying.”

He says this as 77 American cattle producers are going out of business in the US per day.

[The Kobeissi Letter @KobeissiLetter]

You are not watching the bond market closely enough.

President Trump is now threatening that the US Military could be utilized for further intervention to lower US Treasury yields.

"The ultimate intervention is our military, and if we have to use that we will."

Watch bonds.

[Financial Times @FT]

The Trump economy: $40tn debt, 6.7% mortgages and $5 diesel https://t.co/9SKepLrG8S

[Amunet @freakoutsideofx]

In 1998, Bill Clinton ended 30 years of deficits, bringing the federal budget to zero deficit.

He went on to deliver record surpluses, 22.7M jobs, 4% unemployment, and the longest peacetime expansion.

[National Debt Tweets @NationalDebt]

$39,986,657,878,071.92 (+) #NationalDebt

[The Spectator Index @spectatorindex]

BREAKING: US 30-year Treasury bonds rise to 5.3%, the highest since 2007.

[The Hormuz Letter @HormuzLetter]

BREAKING: US diesel crack, the gap between diesel and crude, has just hit a record $102.20 for the first time in history.

Food is about to get a lot more expensive. Agriculture runs on diesel equipment and shipping, heating oil is next ahead of winter, and everything moved by truck or ship will drive inflation higher.

The industrial economy either grinds to a halt, or consumers are about to be hit with the biggest energy pass-through in history as refining costs transmit downstream into higher prices for businesses and consumers.

[Peter Schiff @PeterSchiff]

The yield on the 30-year Treasury is above 5.3% for the first time since April 2007. At the time the U.S. national debt was still under $8.8 trillion. Now it's over $39.9 trillion, over 4.5x as large. Plus, in 2007 bond yields were still trending down. Now they are trending up.

[The Spectator Index @spectatorindex]

BREAKING: Trump's approval rating falls to 33%, the lowest of his presidency, according to Reuters/Ipsos poll.

[The Spectator Index @spectatorindex]

BREAKING: Trump orders Defense Secretary Pete Hegseth to reduce US-South Korea joint military exercises, saying they are 'inappropriate and hostile' to North Korea, adding he has a 'very good relationship with Kim Jong Un'.