This is massive. 🔥 Trump just created a Sovereign Wealth Fund..
IMHO this is one of the most significant moves he’s made.
What is a Sovereign Wealth Fund:
“A sovereign wealth fund (SWF) is a state-owned investment fund composed of financial assets such as stocks, bonds, property, precious metals, or other financial instruments. These funds are typically funded by revenues from commodity exports or from foreign exchange reserves held by the central bank. Here are the key aspects of sovereign wealth funds:
- **Purpose**: SWFs are primarily created to achieve long-term returns, diversify assets, stabilize the economy, or save for future generations, especially in countries where revenue from non-renewable resources like oil is significant.
- **Funding Sources**:
- **Commodity SWFs**: Often funded by profits from natural resources, especially oil and gas, as seen in countries like Norway, Saudi Arabia, and the UAE.
- **Non-Commodity SWFs**: Funded by transfers from foreign exchange reserves or fiscal surpluses, like those in Singapore or China.
- **Investment Strategy**: These funds can invest in a wide range of assets globally, from public equities and bonds to real estate, infrastructure, and sometimes even private equity or hedge funds. Their strategy often involves long-term investments that might not be immediately liquid but are expected to yield high returns over time.
- **Governance**: SWFs are managed by government bodies or independent boards to ensure transparency, accountability, and adherence to international best practices, although governance structures can vary widely.
- **Economic Impact**: They can play roles in stabilizing domestic economies, supporting national development projects, or preparing for demographic changes like an aging population. They can also be used as tools for geopolitical influence through strategic investments.
- **Examples**: Some well-known SWFs include:
- Norway's Government Pension Fund Global (often cited for its transparency and ethical investment policies).
- Abu Dhabi Investment Authority (ADIA), one of the largest SWFs.
- Singapore's Temasek Holdings and GIC.
Sovereign wealth funds are distinct from other types of state funds, like stabilization funds or pension reserve funds, in their investment approach and objectives, focusing more on wealth accumulation and diversification rather than short-term fiscal management.”
This was one of 20 core promises made in the campaign. Opportunity zones and first step act have worked out. It's not about displacing people who have had their neighborhoods erode over 40 years from middle class to desolate of jobs. US Steel = Gary, IN 🚀dignity of work is back.
BREAKING 🚨 President Trumps stuns America by promising to rebuild all of our major cities. WOW
This is proof of how much Trump LOVES America
I LOVE THIS ❤️
In 2009, Charlie Rose asked Jensen Huang about Nvidia vs. Intel.
The chipmakers weren’t directly competing but Jensen said GPU vs. CPU was a “battle for the soul” of computing and GPUs would be “more relevant” in time.
Intel was worth $100B and Nvidia was at $4B. Today, Intel is at $107B while Nvidia is worth ~1,000x more at $4.4 Trillion.
@tomasfrontpoint@onion61314@quanttendies People who come and try to litigate their way through the most crooked and brazen insignificant judges court to get some initial judgement that claim harm, distress, and other bs are the biggest losers on the planet. US District Court decisions to seize an allied nation's future?
🚨 BREAKING: Ukrainian President Volodymyr Zelensky has ARRIVED in DC, and is now en route to the President’s Guest House
Big day tomorrow!
President Trump WILL achieve peace — one way or another.
@World_21m@MariaBartiromo Mark is mad he had to talk about something great for this country and not lobby for war with Russia tonight. But buy his book and believe in the power of congress if that's your thing. Reluctantly supporting Trump but a guy who loves selling books and dead soldiers.
So @MariaBartiromo your sources $BAC $C $JPM all talked to you last night wanting a huge part of this record setting event? Amazing. About a month shy of 17 years since $FNMA $FMCC $LEH were irresponsibly robbed blind and slandered and the 8/16/08 $85B taxpayer $AIG bailout. ⌛️
Fannie Mae and Freddie Mac “The largest IPO anyone has ever seen” Bank of America, Citi Group, JP Morgan CEOs crawling all over the Oval Office wanting the deal.
@MariaBartiromo
$FNMA $FMCC $FNMAS
@POTUS Congratulations @POTUS@SecScottBessent@howardlutnick@pulte and Mr. John Paulson amongst many others. You guys are unbeatable - and the wars being won are every single day without one American soldier sent off to die and not one taxpaying private citizen unknowingly preyed upon
May 19 2025 Y! Finance on Buffett's BAILOUT (basically) beginning with $BAC in 2007 ($5B loss) and then his mid 2024 massive dumping spree of $BAC and China's last American tech traitor $AAPL. Both irrelevant now. The winners won the folks distancing themself/retiring = old news.
They are in fact "dominos" though as Buffett said. GSE's - the ongoing CH 11 of LBHI and some foreign equivalents of subsidiaries that just keep paying out LBHI's global cash fortress... GSE list will explain why since Dec 2024 $BAC is buying LBHI CH 11 claims (27x & billions).
Big ass dumps began after @POTUS assassination attempt failed. Explains why Hillary Clinton was at his farewell conference. America doesn't have time to ruminate on morally bankrupt decision makers. We are purely too strong now thanks to All-Star execs, advisors, and Pres Trump.
Warren Buffett: 37 Bank Of America transactions (Berkshire Hathaway /https://t.co/0STV8a1amm
The size of the dumps after the election is how I do my accounting on where people stand and why I don't care because you can sit on all the cash you want - Trump won the American people
Big ass dumps began after @POTUS assassination attempt failed. Explains why Hillary Clinton was at his farewell conference. America doesn't have time to ruminate on morally bankrupt decision makers. We are purely too strong now thanks to All-Star execs, advisors, and Pres Trump.
@usnavycmdr The three vultures left trying to be the tallest midget. Trump's ask is probably gigantic for what he expects. That's how it should be. LFG $FNMA $FMCC
If anyone was on the right side of this as a bank it was Deutsche. Both backing Trump in his bogus civil fraud case and buying up and writing amicus briefs during the CH 11 for LBHI (via LBIE - their major EU inv bank). Still in administration. Stand with Trump, he already won.
Who would take a panic in the market and deny REPO operating cash of at least a 40-1 ratio of Govt and Agency AAA rated long lasting $$$ literally Lehman's June 2008 reported responsible prep to remain liquid off Fannie Freddie Ginnie and the Treasury in the crisis they foresaw?
Trump is going to demand any bank wanting to take the US back out of this mess that is out in the public domain but never discussed, sadly, better make the $FNMA $FMCC stake worth as much as possible the second they rejoin the NYSE and the upward pressure from Day 1 is GLOBAL...