Jonathan_Saltis

- Investment & Life Advice

[The Kobeissi Letter @KobeissiLetter]

BREAKING: The number of restaurants in New York dropped ~2,000 YoY in Q1 2026, posting its largest YoY decline in at least 36 years.

This surpasses even the worst contraction recorded in any quarter during the 2020 pandemic.

The number of eating and drinking places in New York State has now declined YoY for 4 consecutive quarters, its longest streak since 2021.

This comes as restaurants are facing surging operating expenses, including insurance premiums, wages, interest rates, utilities, and health coverage, with overall costs rising faster than national averages.

Last year, employee health insurance costs jumped +12.9% for New York-area service firms, business insurance rose +7.0%, while utility costs surged +8.5%, according to the Manhattan Chamber of Commerce.

Skyrocketing costs are crushing New York restaurants.

[Chamath Palihapitiya @chamath]

This will change the desirability to live and visit this city more than most people realize...

[Visegrád 24 @visegrad24]

French journalist Paul Amar:

“They came prepared. They had the addresses of town halls. They had addresses of Jewish shop owners.

In a street in Marseille, all businesses owned by Jews were set on fire. Businesses run by Muslims weren’t”

[The Redheaded libertarian @TRHLofficial]

“There will be no art, no literature, no science… There will be no distinction between beauty and ugliness. There will be no curiosity, no enjoyment of the process of life. All competing pleasures will be destroyed.”

Orwell, 1984

[BostonTea @BostonTea84]

@donaldtusk Nielegalna migracja to najmniejszy problem Europy. Problemem jest legalna i to ją trzeba zdelegalizować, penalizować i kryminalizować.

[Donald Tusk @donaldtusk]

Polska nie powtórzy błędów innych europejskich państw, nie będzie też za nie płacić. Twardo bronimy granicy przed nielegalną migracją, mamy własną politykę azylową (nie przyjmujemy wniosków), deportujemy tych, którzy łamią polskie prawo. W kwestii bezpieczeństwa będziemy bezwzględni. To usłyszeli ode mnie liderzy Europy w Brukseli.

[Bill Ackman @BillAckman]

Poland should be the model for the rest of Europe.

[Destination Télé @DestinationTele]

La mairie de Limoges s’effondre… 🥹
Classé monument historique, le bâtiment existait depuis 150 ans (1876)

[Thaïs d’Escufon @ThaisEscufon]

“Why are you doing this? Stop it! That’s not what we stand for!”

A young French woman who appears to be leftist tries unsuccessfully to stop looters from breaking into a supermarket.

Cause and consequence, face to face.

I can’t help but feel heartbroken to helplessly watch my country being torn apart.

[Ted Cruz @tedcruz]

Tragic.

[The Kobeissi Letter @KobeissiLetter]

Calls for a "Black Monday" are spreading rapidly across social media right now.

If history is any guide, this means the S&P 500 should hit 8,000 soon.

Ignore the noise. Read our analysis below.

[DogeDesigner @cb_doge]

ELON MUSK: "The actions of the West are indistinguishable from suicide. Atleast in America, there's generally a sense of optimism. But when was the last time you talked to someone from Europe, who lives in Europe, who's optimistic? It's rare."

[The Kobeissi Letter @KobeissiLetter]

For months, the US Treasury has been trying to lower US Treasury Yields.

They failed.

Today, the selloff in technology stocks finally provided some relief.

When a drop in equities is the only way to lower yields, you should pay attention.

[Spike Cohen @RealSpikeCohen]

Without government, who would steal your life savings?

[End Wokeness @EndWokeness]

California: 18 years after approval, our high-speed rail project has 0 miles of functional tracks, $95B over budget

Elon this month:

[Ted Cruz @tedcruz]

Wow. Just wow. 😮

[Glenn Beck @glennbeck]

If you bank at JPMorgan Chase, Bank of America, U.S. Bank, Citibank, or Wells Fargo AND you're conservative. I would find a new place to put your money TODAY.

A federal regulator just found that America's biggest banks have been targeting conservatives. Some even flagged words like "MAGA" and "America First" as "reputational risks".

Where did the banks get that pressure to flag these words? Straight from the regulators in our government that watch over the banks.

While investigating Donald Trump, Jack Smith’s team collected personal records on over 639,000 Republican voters and donors. Home addresses, birth dates, credit card records... if you bought a MAGA hat or donated even $5, the federal government put your name on a spreadsheet. Big Tech tracks you, the Feds list you, and Big Banks flag you. It’s a complete surveillance apparatus targeted at one half of the country. Jack Smith needs to be held accountable. And so do these banks.

I bank with U.S. Bank. Today, I’m calling a Vice President there to ask one simple question: What are you doing to make sure your bank isn't feeding this weaponized system? If they can't prove their CEO is doing everything they can to fight this overreach, I’m pulling every single dime and moving it somewhere else.

[Teslaconomics @Teslaconomics]

The only other person who’s ever made me this excited about a product unveil was Steve Jobs. Watching him introduce the first iPhone is a huge part of why I fell in love with technology.

Elon brings that feeling back for me, but honestly, I think he takes it to a whole different level. Tomorrow, he and the Tesla team are unveiling the next-gen Roadster, and I seriously cannot wait.

The Roadster they showed in 2017 already promised 0–60 mph in 1.9 seconds. Since then, Elon has talked about a Tesla–SpaceX collaboration, having it fly, and getting that time below ONE second, and calling it “the least interesting part” of the car.

How do you say something like that and expect me NOT to be excited?!

But beyond how fast it goes, I want to see something that makes me sit there and say, “Wow… how in the world did they build that?” I honestly don’t know what they’re going to show us, and that’s part of what makes this so much fun. I really want to be surprised and see the unthinkable.

These days I feel many older people don’t get that excited about things… I only see that spark in kids. But imo, we should still get excited about people building cool things. We should still root for the nerds, engineers, and designers trying to do something that has never been done before.

And I hope there’s a kid watching tomorrow who feels what I felt watching Steve Jobs introduce the iPhone. Someone who sees this car and starts wondering how it works, sketching their own ideas, or thinking about what they could build someday.

I hope y’all are ready to have your minds blown.

I’m rooting for you, Elon, and the entire Tesla team behind this car.

Go give us a night we’ll never forget!

[Elon Musk @elonmusk]

The whole world will watch this

[Barchart @Barchart]

BREAKING 🚨: U.S. Banks

U.S. Banks are currently facing unrealized losses of $326.7 Billion 🤯 👀 Losses have grown each of the prior 2 quarters