Grace 💙

Now do EMs.

He's so pathetic when he's embarrassed. He looks like a 5y old caught steeling a cookie, with chocolate marks all around his mouth and still denying the evidence.
What a menagerie this administration is.
Not better at lying than at manipulating financial markets and economy statistics.

Time to $SQQQ

They've seen the writing on the wall...

Nobody wants Trump's debt when growth is about to turn negative.

U.S. Treasury just bought back $4 Billion of their own debt 🤯👀

In case you were wondering why the yields were down on a day with so many bad news!!!

If you look at the formula for GDP, one component is government spending (the "G" term below).

This rewards fiscal irresponsibility.

So, even with a 2T$ "G" input, we're flat or negative...

tl;dr: Trade deficit is compensated by budget deficit. Nice recipe for disaster.

George Orwell was really lacking imagination.

😕

Opening a boulevard to Chinese and Indian fast emerging drug makers (e.g. wuxi, akeso, innovent, sun, cipla, aurobindo, lupin...).
At the moment they trade licences for funding, but the landscape is moving fast... after the EVs, the pills.

Another "they took advantage of us" straight from Trump's playbook.

Q3 GDP figures straight from the official report: "It's gold sent back to Switzerland after tariff front-loading was proven unjustified".

So forget "4% growth".

bsky.app/profile/grac...

Still clining to GDP noisy data?

AGAIN, nominal GDP growth is NULL if you discount jolts caused by front-loading and inventory unloading 👇👇👇👇👇!

Without AI infra build out the US economy has been in recession for most of last year.

bsky.app/profile/grac...

So called "Smart Money" clearly rotating out of AI...

Before NASDAQ goes under.

Or Lego bricks 😓!

China knows that their export won't really be impacted by a yuan appreciation vs the $, especially because the $ depreciates against other currencies.
They also need to attract capital, support their alternative settlement systems & establish the Yuan as a global bond currency (panda/dim sum bonds).

Prepare for a long slump in the mag7 in particular and in the US markets in general.
Money is rotating out. Growth figures are fake.
Employment is getting worse.
Consumer sentiment is worsening too.
Japan is repatriating its money.
$TSLA $AMZN $AAPL $GOOG $GOOGL $ORCL $MSFT $NVDA $META $AVGO $AMD

Prepare for a long slump in the mag 7 in particular and in the US markets in general.
Money is rotating out. Growth figures are fake.
Employment is getting worse.
Consumer sentiment is worsening too.
Japan is repatriating its money.

Prepare for a long slump in the mag 7 in particular and in the US markets in general.
Money is rotating out. Growth figures are fake.
Employment is getting worse.
Consumer sentiment is worsening too.
Japan is repatriating its money.

Makes perfect sense.
One made much more money in emerging markets in 2025 than in the US market.
And with the AI bubble about to burst, that won't change in 2026.

#SellAmerica trade: 🇺🇸

Republicans: "We don't want any interference from the Federal government into State affairs."

Both report to Bibi...

Big surprise!

As I warned yesterday, Trump will use ICE to intimidate voters. And now Steve Bannon just confirmed that is the plan:

ICE morons making sure there won't be enough doctors and nurses in the USA to take care of them when they get older.

"We caught two grannies, probable domestic terrorists"
Well done morons.

happening this morning in Minneapolis -- ICE agents drawing guns on observers. I reiterate again that it is only a matter of time before DHS kills more innocent people in Minnesota. Congress needs to shut this shit down right now.

As we bear witness to the ongoing horrors the Israeli government commits against Palestinians in Gaza and the occupied West Bank, these images remain emblazoned: The destruction of human life and of property, city streets bombed, the destruction of mosques, homes, universities and hospitals.

So they are the majority then...