The Trump administration has launched a nationwide effort to take back U.S. farmland from Chinese Communist Party-linked owners.
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Investors are chasing unprofitable firms and meme stocks: 10 of the 14 Russell 3000 stocks that have TRIPLED since the April 8th market low are unprofitable companies, according to Bespoke Investment Group.
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$HOOD CEO: "Tokenized stocks are the biggest innovation in a decade." Meanwhile "Tech Robinhood stock tokens face scrutiny in the European Union after OpenAI warning" - CNBC
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Making $1 million at 25 and creating the 'Turtles' method: The extraordinary tale of Richard Dennis
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What happened to those magical binders? What a farce.
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Pepperstone: "This week's 'Trade Off UK' with Michael Brown is live! Tariff threats come back into focus, as the US economy remains resilient despite ongoing uncertainty." - This is great for viewing if you trade.
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It’s pretty amazing how expensive everything is now: Quick grocery store run? $100. Gas? $100. World’s most mid burger and fries for two? $100. - Inverse Cramer
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Reporter: "What happened to 90 trade deals in 90 days?" POTUS: "It's all done."
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TRUMP NEW TARIFFS: 36% on Cambodia, 35% on Bangladesh, 35% on Serbia, 30% on Bosnia, 32% on Indonesia, 25% on Tunisia. Live scenes in the Oval Office…
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S&P 500 closes down 0.8%, Nasdaq 100 loses 0.8%. Tesla loses $68 billion in value after Elon Musk says he is launching a political party.
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Leavitt: "The fact that he has announced a framework with China, a trade deal with the UK, a trade deal with Vietnam and many others to come in just six months is truly historic, and it's a testament to this president and his trade team."
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Reporter: The report says there's no Epstein client list. So what happened to the Epstein client list that the attorney general said she had on desk? Leavitt: She was saying the entirety of all the paperwork was on her desk
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Trump's "tariff letters" go out, and the 10Y Note Yield is back to 4.40%. This is what you call fucking yourselves. Now let's replace Powell and lower interest rates
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U.S. exports fell by 4% in May … largest decline since dark days of pandemic and notable reversal from trend earlier this year
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$TSLA trading this morning -6.9%. Interesting times for trading. A new round of Trump vs. Musk - shorting Tesla is a no-brainer. Hearts from one to the other - we buy without question. Financial results don’t matter. Forget technical analysis. Keep an eye on the tweets.
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The mighty US dollar's now reversed its gains from when the Fed started its easing cycle 3 years ago
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Japan 30-Year Bond Yield Soarin
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POTUS posts a massive paragraph about Elon Musk: Trump says he is "saddened to watch Elon Musk go completely off the rails, essentially becoming a train wreck over the past 5 weeks."
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The DOJ and FBI say they found no proof Jeffrey Epstein was murdered, kept a “client list,” or blackmailed powerful figures.
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POTUS says any company aligning with "Anti-American policies of BRICS" will be charged and additional 10% tariff.
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Early FX pricing as the new trading week gets underway
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Javier Milei has lowered Argentina’s monthly inflation rate from 26% to just 1.5%. The economy grew 7.6% in Q2 YoY. Geiger Capital: "Never forget… the media and professional class labeled him a dangerous “far-right” lunatic because he wanted to cut spending."
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Fox News: Our most recent poll shows that 57% of Americans say tariffs are going to hurt the economy. What's your message? Bessent: Trump Derangement Syndrome has turned into Tariff Derangement Syndrome.
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