Ladies and Gentlemen, it's the weekend! Try not to tear this subreddit to pieces over the next couple of days. The moderators wish you a great weekend!
XGramatikInsights - A community for discussing trading, investments, personal finance, taxes, economics, politics, and rumors - everything that influences financial markets. Choose your broker for trading here - https://sky-tide.com
Exchange of courtesies between Yellen and Bessent. Scott Bessent: “She left us with the largest deficit to GDP in American peacetime history… I couldn't even tell you what Secretary Yellen’s China policy was, aside from consuming beer and mushrooms.”
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Astronomer CFO explaining to investors that Q3 earnings dipped because a Coldplay concert had a kiss-cam
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President Trump is pushing for a 15-20% minimum tariff on all goods from the European Union as per the Financial Times. Friday morning pump gone. Seems like he likely will be using this to continue negotiations with the EU.
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Holy. Shit. A Bitcoin whale just sold 80,000 $BTC for ~$9.5 Billion. Bought in 2011 for $54k - via Geiger Capital.
XGramatikInsights - A community for discussing trading, investments, personal finance, taxes, economics, politics, and rumors - everything that influences financial markets. Choose your broker for trading here - https://sky-tide.com
The casino opened in the green. But there haven't been any tweets yet. How we were entertained this week: Friday: Threaten 30% tariffs on EU. Saturday: Threaten 30% tariffs on CA. Sunday: Threaten 30% tariffs on MX. Monday: Threaten 100% tariffs on RU. Thursday: Reveal he has a health issue. Friday?
XGramatikInsights - A community for discussing trading, investments, personal finance, taxes, economics, politics, and rumors - everything that influences financial markets. Choose your broker for trading here - https://sky-tide.com
How long will Powell put up with this?
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The EU just passed the 18th sanctions package against Russia.
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Argentina raised to Caa1 from Caa3 by Moody's.
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WSJ publishes “Trump letter” to Epstein — Trump furious, vows to sue.
XGramatikInsights - A community for discussing trading, investments, personal finance, taxes, economics, politics, and rumors - everything that influences financial markets. Choose your broker for trading here - https://sky-tide.com
R.Brooks: Nauru is the 3rd smallest country in the world after the Vatican and Monaco. But more importantly right now, it's also the Kyrgyzstan of Micronesia. China's exports to Nauru are up 1400% in May from a year before.
XGramatikInsights - A community for discussing trading, investments, personal finance, taxes, economics, politics, and rumors - everything that influences financial markets. Choose your broker for trading here - https://sky-tide.com
The second bill was related to crypto today: The House has passed a bill to prevent the creation of a Central Bank Digital Currency (CBDC)
XGramatikInsights - A community for discussing trading, investments, personal finance, taxes, economics, politics, and rumors - everything that influences financial markets. Choose your broker for trading here - https://sky-tide.com
The House officially passes the GENIUS Act
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Leavitt: "These letters these countries have been receiving are the deals. They are tailor-made to each and every country."
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Blockchain technology is 17 years old (Satoshi Nakamoto's Bitcoin whitepaper was published in October 2008). And lo and behold: Congressman Dusty Johnson says blockchain technology will transform every industry in the same way the internet has over the last 30 years.
XGramatikInsights - A community for discussing trading, investments, personal finance, taxes, economics, politics, and rumors - everything that influences financial markets. Choose your broker for trading here - https://sky-tide.com
TKL: Millions of Americans now work multiple jobs to pay for basic necessities: The number of multiple jobholders jumped 282,000 in June, to near a record 8.87 million. This figure surpasses the 2008 peak by 800,000 people.
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Axios: "Uber to buy at least 20,000 luxury robotaxis from Lucid." $LCID, surges +50%
XGramatikInsights - A community for discussing trading, investments, personal finance, taxes, economics, politics, and rumors - everything that influences financial markets. Choose your broker for trading here - https://sky-tide.com
Now India claims it can afford to abandon Russian oil if the US imposes new sanctions? Interesting, since India imports 35% of its consumed oil from Russia.
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Keir Starmer announces that the UK is lowering the voting age from 18 to 16 in all UK elections.
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Chaos in Spain, what is going on? Visegrad24 break down the facts, show real footage, and explain how it all started: "For years, Spaniards were told to trust in open border and European solidarity. Many no longer do."
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US stock valuations are again starting to stray further from shore. S&P 500's premium over MSCI World (ex US) is back above 2 standard deviations from the mean. Premium over EMs not quite there but approaching 2 sigma
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Why the fuck buy MSTR when you can just buy BTC? I'll never get it.
XGramatikInsights - A community for discussing trading, investments, personal finance, taxes, economics, politics, and rumors - everything that influences financial markets. Choose your broker for trading here - https://sky-tide.com
Spencer Hakimian fucking noticed something again: Well would you look at that. 2 *perfectly* timed trades shorting the Dollar and then longing the Dollar *right before* Trump leaked that he was firing Powell, and then TACO'd 30 minutes later.
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Marco Rubio finding out he’s the Fed Chair now too.
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