Why are Democrats incapable of articulating what is going on with tariffs? This is an effort to make the tax code far more regressive. If we replace progressive income taxes with consumption taxes, we are willfully hurting working class Americans.

So Bessent thought “tariffs are inflationary” in 2024 and now has “no idea” where the idea of tariffs being inflationary came from? Thought Yellen politicized treasury issuance but now maintains same short duration issuance policy? One can be smart and accomplished and be given to ideological bias.

www.wealthvest.com/weekly-bull-...

Key question is: Will John Thune, the Senate Majority Leader have the spine to defend the primacy of the legislative branch or will he allow these impoundments, a clear usurpation of Congress, to continue unchecked? I know Mike Johnson will just follow the cult leader

To make the case that Trump is going to grow oil production begetting and amid lower oil prices assumes the majors will abandon their capital discipline. I cant see that.

A car company just missed on the gross margin line by 200bps, generated negative volumes on down pricing and Wall Street price targets are going up. We live in a post truth world where the line between being in or out of the cult is blurring

So the House GOP basically needs to vote unanimously to kill the debt ceiling to meet the Trump/Musk demand. That won’t happen. How does this play out?

We see a tug-of-war between the non-disprovable raging optimism that AI will drive never before seen productivity growth and evidence that the US economy has entered a new regime of secular inflation volatility that could pressure margins and multiples for years to come.”

Deafening silence from the pious constitutional conservatives over Birthright Citizenship.