Gino

economics

[maybe: sasha @goalietaps]

no wonder it was a terrible heatwave last week the doors of hell were open

[Gino @_GinoP]

@Phil_Lewis_ Impeach RFK and replace him with an actual Doctor please

[James Li @5149jamesli]

The Late U.S. Senator Lindsey Graham:

“I’m not with you, I’m with Israel, until my dying day.”

[ABC News @ABC]

BREAKING: U.S. Sen. Lindsey Graham of South Carolina has died from a sudden illness, according to his office. He was 71. https://t.co/L2769PRXJO

[hasanabi @hasanthehun]

PEOPLE WONDER WHY CHANGE NEVER COMES, ITS BECAUSE CORPORATIONS DUMP MILLIONS INTO RACES SMEARING CANDIDATES WHO WILL ACTUALLY FIGHT FOR YOU & MOST PPL EITHER DONT VOTE OR BOOMERS OFTEN GET DUPED BY THE ADS AND VOTE FOR RW DEMS. HAPPENED TO BERNIE TWICE!! WE SAY NO MORE!!!

[Gino @_GinoP]

The most corrupt politician of this nations history

[𝐠𝐞𝐬𝐡𝐂𝐥𝐢𝐩 @geshclip]

JUST IN: 🇺🇸 Trump-IRS settlement permanently blocks IRS from auditing tax claims for President Trump and his family, Politico reports.

[Gino @_GinoP]

I’ve been saying it’s time. Trickle Down Economics will force us to create the greatest socialist-based economy in history

[Landon🌹 @IamLandon_9]

A Democratic Socialist won the Democratic primary in DC by a landslide

[Gino @_GinoP]

“The wealth from the top will trickle down one day and nobody will need a full time job!”

- the hope 50 years ago when this economic system was installed

[Kalshi @Kalshi]

BREAKING: For the first time ever both mom and dad are working full-time in most American families

[Gino @_GinoP]

American citizens had their lives ruined for saying this on a college campus within the last 2-5 years

Pro-Palestine speech was never about antisemitism

[Republicans against Trump @RpsAgainstTrump]

JD Vance ATTACKS Israel:

“You're a country of nine million people. You can't just kill your way out of solving every single national security problem that you have.”

[hasanabi @hasanthehun]

I GOT BANNED FROM THE UK FOR SAYING THIS VERBATIM BTW

[Read Raising Expectations (and Raising Hell) @JPHilllllll]

This will go down as one of the biggest scams in history

[Gino @_GinoP]

This is a failure on the checks and balances of this system

The wealth hoarding has surpassed a limit it should’ve never been allowed to even come close to

[unusual_whales @unusual_whales]

BREAKING: Elon Musk has become the first trillionaire

[Gino @_GinoP]

The most Financially Illiterate country in the world

[Charlie Bilello @charliebilello]

May: The Federal Government took in $336 billion and spent $628 billion. Don't try this at home.

[Gino @_GinoP]

An entire calendar year of this too

Been a very long year for the quantitative analysis guys

[Watcher.Guru @WatcherGuru]

JUST IN: 🇺🇸 Warren Buffett Indicator hits highest level ever, signaling the stock market is "significantly overvalued."

[Gino @_GinoP]

We’ve been at the most unaffordable point in history for an entire calendar year now

[Gino @_GinoP]

The first strong indicator that we are due for interest rates to go up

The question is when? Next meeting? Next year?

If we keep seeing CPI well above FFR we might see a 50 bps hike before the winter or a steady 25 bps every 3 months starting in Dec

10% mortgage rates soon!

[Charlie Bilello @charliebilello]

US CPI Inflation Rate moved up to 4.2% in May, its highest level since April 2023. The Inflation Rate is now 0.6% above the Fed Funds Rate. The Fed is once again behind the curve and should be hiking interest rates.

[Gino @_GinoP]

@ArtButSports @wemby @jalenbrunson1 I saw this one in person

[Gino @_GinoP]

@Barchart lol

[unusual_whales @unusual_whales]

BREAKING: In the past 24 hours, 196,530 traders in crypto were liquidated, with the total liquidations coming in at $1.23 billion, per CoinGlass.

[Gino @_GinoP]

Every Tariff-study results in the same thing:

Tariffs pass on price increases to the consumer, who then decides to spend less money overall

Tariffs cause economic slowdowns
Tariffs are recession-inducing

They always have been, but now we have more data from the latest round

[FedResearch @FedResearch]

The authors analyze 125,000 US households' transactions to measure how 2025 tariffs affected spending. Tariffs passed through 15-20% to retail prices, raising affected-good prices 1-2%. But households cut spending by 3 to 4 times the price increase. (1/3) https://t.co/tigAbc3M2y

[Gino @_GinoP]

lol

[Peter Mallouk @PeterMallouk]

The S&P 500 has never been more concentrated in a single stock than it is today with Nvidia representing over 8% of the index.