Let me get this straight: the Republican Party now favors concentrating power in one individual to impose protectionist tariffs, centrally plan the economy, nationalize stakes in private businesses, and use the Fed to create massive inflation to monetize soaring budget deficits.
Saturday ☕️ is up
More tailwinds for Bitcoin adoption this week, AI chip companies just keep melting up & Data companies like PLTR enter stratosphere
Join X & me as we break is down & help listeners Stay Current
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Bill Burr says "CNN and Fox News are a f*cking disease" and conservatives bashing him for going "woke" are "racists, horrible people and cowards. They never say it to your face."
"[Ben Shapiro] doesn’t even know what that word means. His definition of woke is white liberals’ definition of woke, and they didn’t even know what it was; they just took the word from Black people," Burr told Vulture. "That’s the worst thing about our people — not only do we take from other cultures, we don’t even take the time to understand the definition.”
Read more here: https://t.co/Gj8JVd8Spl
In a recent FOMC meeting, Powell mentioned that he is mostly focused on PDFP, or Real Final Sales to Private Domestic Purchasers, when gauging growth outlook.
This is to ignore noise from huge variance around net exports due to tariffs.
PDFP ticked lower in this GDP report.