When the realtor thinks you’re living in a Fed multiverse

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Treasury Secretary Bessent says he's ready to replace Fed Chair Jerome Powell if President Trump wants him to.
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Serious Delinquencies (90+ day unpaid balances) are rising across the board, including Mortgages, Home Equity Credit Lines, Auto Loans, Credit Cards, and Student Loans

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Trump: The stock markets are now at all-time highs, we're going to maintain it, believe me...
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U.S. National Debt projected to soar to $55 Trillion by 2034 now that the Big Beautiful Bill has passed

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President Trump just signed the Big Beautiful Bill into Law on July 4th, 2025.
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British Chancellor of the Exchequer Rachel Reeves burst into tears during Prime Minister Keir Starmer's speech in the House of Commons. Her tears raised concerns among investors about government finances and fears of government instability. The British stock market fell.
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Adjusted for inflation, real home prices just hit a new all-time high. Happy Independence Day from your landlord 🇺🇸 Credit to BurryTracker

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Treasury Secretary Scott Bessent: “The president is the most economically sophisticated president, certainly for 100 years, perhaps in history."
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Trump's "Big and Beautiful Bill" repeals $7,500 tax credit on new electric vehicles as of September 30
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“Tariffs are unlikely to result in much reshoring because production costs in other countries are well below the U.S.’ for most products (even after accounting for tariffs), and China will likely continue to grow its exports on the back of cost advantages and industrial policy support,”Goldman Sachs

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9:15 – trader, 9:20 – philosopher

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Speaker Mike Johnson said Trump is "the most powerful President of our lifetime and arguably in all of US history”
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My brain at 3am after I said '5 more minutes'

Memes! A way of describing cultural information being shared. An element of a culture or system of behavior that may be considered to be passed from one individual to another by nongenetic means, especially imitation.
US House passes President Trump's 'One Big Beautiful Bill.'

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EU ready for US trade deal but warns of countermeasures if no agreement reached.

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Poll finds that 40% of voters say they are likely to support Elon Musk's "America Party" if he decides to launch it, according to Quantus Insights."Time for a new political party that actually cares about the people," he recently said in a post on X. Source: QuantusInsights
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The US economy added 147,000 jobs in June, above estimates of 111,000. The unemployment rate FALLS to 4.1%, below estimates of 4.3%.

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Top 10 metro areas where white-collar job postins are declining, per BI:

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President Donald Trump’s new trade deal with Vietnam sends a clear signal about where US tariffs on Chinese goods might ultimately land, as talks between Washington and Beijing continue following their recent truce.
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President Trump’s Big Beautiful Bill just advanced in the House now 219-213. The Final Step… The Floor Vote is next
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One of Microsoft's best innovations yet is the company's ability to find more and more people to fire in just about every department

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FOX: "We are waiting any moment now to get the jobs number for the month of June. The expectations call for the numbers to be up 95,000. Right now seeing the number -- actually, uh, showing a decline in jobs, uh, down 33,000, uh."
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The Warren Buffett indicator soared to 205%, the most expensive level in history, surpassing even the dot-com bubble and the global financial crisis.

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$TSLA delivery numbers are out…384K v. 389K estimate. Stock is up 5% pre-market

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