There it is:
The 10Y Note Yield has officially erased all of its losses since the "Memorandum of Understanding" was signed.
This puts the 10Y Note Yield up to 4.63%, near its highest level since January 2025.
7% mortgage rates in the US are on their way.
Trump just gave Saudi Arabia major nuclear concessions while his family already has extensive business interests there. This may be good policy, but Trump's personal financial interests are more than bad optics. They create serious conflicts of interest that shouldn't be allowed.
NEW: Biohacker Bryan Johnson reveals he has created a “newborn clone” of himself in a petri dish — will eventually be used to grow organs & repair his body.
President Trump promised not to add to the national debt during his presidential campaign -- and, in fact, that he would pay it down.
He has failed badly on both counts.
President Trump has become the worst-spending President in our history, adding ~$2.2-$2.3 T to the national debt in each of his first two years and in his second term.
He's on track to add $9T+ in his second term, beating the previous high-water mark of $7.8T -- set by his first term.
Only if you voted for President Trump, please reply with your feelings on this issue and his first 18 months more broadly.
I love how Trump is so concerned about election fraud after we all just watched Israel interfere with a congressional race and literally buy Thomas Massie’s seat.
Do we understand that Mitch McConnell isn’t just another trending topic? He’s a US senator who disappeared into the back of an ambulance 37 days ago and left his constituents without representation, while his own staff won’t say whether they’ve even spoken to him since.
Here’s how Trump's "Big Beautiful Bill" works:
The richest 1% get $1 trillion in tax breaks.
Working families get $1.1 trillion in cuts to SNAP, Medicaid and other healthcare programs.
Tens of thousands will go hungry so the wealthy can get another tax break. Shameful.
NEW: 🇺🇸 Trump has become the worst-spending U.S. President in history,
He's on track to add another ~$10T to the national debt.
This beats the previous record of $7.8T, set by Trump in his first term….
Interest payments will eventually be the highest national expense.
Facts.
The reality is we’ve never recovered economically since 2008. All we’ve done is paper over all of the losses by printing money.
There’s no price discovery anymore. Nothing has recovered. QE just hid the losses.
It’s all been a giant con.