Dumb Money Smokin’ Jay Powell

Watters: We have China surrounded…. Who knows what could happen… The Secretary of State is a DJ.

The reason millennials are so nostalgic is that they got a brief taste of a world that wasn’t entirely controlled by the stupidest people who’ve ever lived.

🚨NEW🚨 A 3% of GDP deficit target: ⭐️Creates a “guiding light” for fiscal policy decisions ⭐️Puts debt on a sustainable path ⭐️Is ambitious but achievable ⭐️Has bipartisan support and international precedent ⭐️Could be achieved with interim targets & enforcement A 🧵

Long-term government bonds now have a negative return over the past 11 years (including the income) Also still currently in a 40% drawdown from the 2020 highs

WATCH: Taiwanese grandmothers aged 89 and 91 train at the gym. An increasing number of elderly people in Taiwan’s super-aged society are hitting the gym to stay healthy, both physically and mentally.

If you’re a business owner, tell me you don’t feel what’s happening . We’re on the verge of experiencing remarkable economic growth. Make America Great Again is happening. 5% GDP this year. 10% GDP in 2028 with a stock market that will double every 3.5 years going forward, well into the 2030’s. If you get it you get it. 🇺🇸

Wall Street outgrowing Main Street at the fastest pace in history 🚨🚨

If we did this, the President of the United States would currently be Donald Trump.

Now we’re starting to lose our tax base due to the unsustainable cost of living it takes to live here. I don’t blame people for bouncing. I’ve thought about leaving myself.

The Big Four airlines (American, Delta, Southwest, United) control 75% of the U.S. market. Fewer choices = higher prices for you.

Spiking fuel prices from Trump’s war was the nail in the coffin for twice-bankrupted Spirit airline. FWIW, JetBlue merger failed because a judge, appointed by Ronald Reagan, said the deal was illegal. Republicans are desperate to shift blame from higher costs hitting families.

Given the news today that Spirit Airlines is shuttering and thousands of people are losing their jobs, I think we should honestly assess whether the Garland DoJ stopping the JetBlue merger with Spirit Airlines was the right call. Perhaps it was but any analysis must consider as part of the equation the loss to so many families ro decide.

The Big Four airlines (American, Delta, Southwest, United) control 75% of the U.S. market. Fewer choices = higher prices for you.