jpl

@VictorJoecks @SettelmeyerNV Radical idea: let the voters decide. This system of political insiders pushing their favored candidates has not served us well.

Elected Rs lining up behind @SettelmeyerNV in CD2.

@FBGreatMoments Bob Hayes won the 1964 Olympic 100m in a WR time, and a gold in the 4x100m relay. Renaldo Nehemiah was the first man to run 110m hurdles in under 13 seconds. OJ Simpson still holds a piece of the WR in the 4x100yd relay.

Randy Moss was the fastest player to ever step on a football field 😮‍💨

@SenJackyRosen @SecKennedy "Nothing is so permanent as a temporary government program" - Milton Friedman. Dems sold the "enhanced" ACA tax credits as *temporary*. Now you whine about "devastating cuts" when they expired. Shame on you. This is how we end up $40T in debt.

The Trump Admin and Congressional Republicans’ devastating cuts to Medicaid and the expiration of the ACA enhanced premium tax credits are forcing people to sacrifice their health just so they can afford rent and groceries. I’m demanding @SecKennedy thoroughly assess the economic impacts of these cruel health care cuts so Congress has a clear picture of the health care crisis Washington Republicans have ignored and made worse.

@JavierBlas If Iran were to give up their nuclear program and agree to limits on missiles/drones, they'd get sanctions relief. But they're not going to do that. So in 2 weeks, we'll be back to where we were 2 hours ago.

Iran’s strategy all along has been to impose an unbearable economic cost on the US if Trump continued the war via oil and the closure of the Strait of Hormuz. Now, oil is down ~20% well below $100 a barrel. From that perspective, it’s clear who benefits most from the 2-week ceasefire off ramp. That’s Trump. But the question is: would Tehran extract significant concessions in the negotiations in terms of sanctions relief and/or somehow Hormuz control? Perhaps that’s the quid pro quo.

@AaronDFordNV @JoeLombardoNV NOW you care about the price of gas? If so, how about doing something about the new CARB regulations that industry says will add $1/gallon?

Trump’s war in Iran, which @JoeLombardoNV supports, is driving up the cost of everything from gas to online shopping. Every single day, Nevada families have less and less money in their pockets, and Lombardo is too afraid of Trump to say enough is enough.

@StanfordRivals 3 huge losses for the program. Something is amiss.

Heard rumblings that this was gonna happen and now it’s official. Stanford wing Courtney Ogden has informed Talia Goodman (@TaliaGoodmanWBB) and @On3 that she intends to enter the transfer portal. #Stanford #ACCWBB

@AndreasSteno Unless Iran agrees to open the Strait, there will be no extension. Bombers are already airborne.

This

@SenCortezMasto I must've missed your condemnation of Iran for attacking Israeli civilians with cluster bombs and attacking civilian infrastructure and shipping all over the Gulf region.

These are despicable threats against civilians, and President Trump must walk them back. It's time to end this horrific war of choice.

@SenJackyRosen Wow. Of all the things you could be concerned about...

The United States’ support for the Tibetan people is unwavering. We must do more to push back against the PRC's malign influence by advancing efforts to safeguard Tibetans' human rights and democratic freedoms, no matter where they reside. I look forward to working with U.S. Special Coordinator for Tibetan Issues, Riley Barnes, to support our Tibetan friends around the world.

@thatsKAIZEN Focus less on rhetoric and more on actions. US & Israel have thus far avoided attacks on civilians and civilian infrastructure. Iran, OTOH, attacks Israeli civilians every night with cluster bombs, and has attacked civilian infrastructure in several Gulf states.

I’m aware it might just be a negotiating tactic. I’m aware that he might mean civilian infrastructure when he says civilization. And none of those make what he said acceptable. Targeting a civilization is not a norm that should be set.

This is an insane thing to say. The difference between good guys and bad guys is not who is willing to use violence, but on whom, and when. When we threaten to kill civilizations, we start down the road to becoming no better than terrorists who target civilians.

@RepSusieLee x.com/BjornLomborg/s…

Since Trump took office, household electric bills are up 13% because of his Administration’s reckless policies that are killing clean energy. I’m fighting to build more solar in Nevada so we can generate the power we need right in our own backyard.

@SenCortezMasto The road to hell is paved with good intentions. Investors, particularly overseas, no longer trust Congress to be good stewards of the US Dollar. That's going to matter sooner than you think.

Projects like these relied on the very same funding Donald Trump wants to cut. In fact, they wouldn’t even be possible without federal funding. If Republicans allow them to pass, Trump’s cruel budget cuts will be devastating to our communities in Nevada.

@scottmcnealy Don't dismiss her as "dumb". She's egomaniacal, misguided, dangerous and maybe evil. Not dumb. She seeks to "institutionalize" HER values using legislation re: social media.

Not only inarticulate, but dumbfoundedly dumb. Stay away from my boys and and my grandsons. Maybe if your hands were tied, you would stop talking rubbish. This has to be AI.

@DanielTNiles Iran has a vote re: when this ends, and they don't care about Trump's timeframe. Both sides think they hold the best hand and their demands reflect that, so a near-term negotiated settlement seems unlikely.

Last wk, the 12% surge in WTI spot was offset by the 12 month futures contract dropping 6% and Brent -3%. As a result SPX/Nas/R2K/M7 were up 3.4%/4.4%/3.3%/5.1% while the S&P energy sector fell 5.3%. From a longer-term perspective, since the start of the Iran War at the end of February, WTI spot is now up 66% to $112, but the 12 month future contract is up only 11% to $70 (roughly where it was in early 2025) while Brent is up 50% to $109. This expectation of the future path of oil prices combined with tax refunds being up over 10% y/y explains much of why the S&P is down just 4% since the Iran War began. Looking forward, President Trump has said the war will be over in 2-3 weeks. Iran has also put out their terms to end the war. Though the bid-ask spread is wide but both sides are now talking. The Strait of Hormuz is the main sticking point. From a fundamental perspective as Q1 earnings season approaches, most economic data remains solid. As an example, the US March Nonfarm Payrolls released on Good Friday was strong despite all the concerns of AI leading to mass unemployment. NFP was +178K vs consensus of just 60K with the unemployment rate at 4.3% vs consensus of 4.4%. Clearly the rise in oil prices will have some negative economic impact with a lag if it stays high for a long period of time. But by the time we get into the heart of reporting season in the third week of April, according to President Trump’s most recent statements, the US should be done with the war. As a result, spot oil prices should be lower and forward looking guidance may not be as pressured. Then Kevin Warsh, who is supportive of rate cuts, should start as the new head of the Fed in mid-May. The recent decision by a federal judge that there was "essentially zero evidence" of a crime relating to the DOJ probe of Jerome Powell should clear the way for Warsh’s Senate confirmation. As for positioning, my thoughts remain roughly unchanged. Diversification is important. The R2K is up 2% YTD while the equal weighted S&P is up 1% vs the S&P down 4% and Mag7 down 12%. Even before the war with Iran, this type of position was outperforming. Through the end of February, the R2k was +6% with the equal weighted S&P +7% while the S&P was flat with the Mag7 down 7%. Asset heavy AI beneficiaries remain essential. U need to get MESI sectors (Utilities, Materials, Energy, Staples, Industrials) which are up 13% YTD on average and were up 17% YTD before the war with Iran. And finally, I believe with the emergence of OpenClaw in 2026, Agentic AI has finally arrived driving a surge of token generation of 10-100x versus chat-based AI in 2025. $NVDA and $GOOGL remain my favorite ways to play agentic AI while the server microprocessor vendors are key new beneficiaries from the increase in orchestration needed. An example of this optimism is $INTC re-purchasing the 49% of its fab in Ireland for $14.2B last week using a combo of cash and $6.5B in debt that it sold roughly two years ago for $11.2B given its cash crunch. I hope everyone enjoyed the long holiday weekend and best of luck in the week ahead.

@StanfordRivals It's sad to see this program in disarray. If they miss the NCAA tournament again next year, Donahoe must act.

Stanford freshman and former McDonald’s All-American Lara Somfai has announced her intent to enter the transfer portal on IG… instagram.com/p/DWwn_t1jUif/… #Stanford #ACCWBB

@repdinatitus @POTUS You ignored the actions of CA Democrats that drove up NV gasoline prices for YEARS, but now you try to make political hay out of a temporary price spike? Double standard!

In less than a month, gas prices have rapidly increased #OnlyInDistrictOne thanks to @POTUS’s war in Iran. Just look at the difference in costs at the gas station behind my district office between March 17 and April 2. ⬇️

@SenCortezMasto justthenews.com/nation/states/…

@SenCortezMasto What is your plan to address the nearly $2T/yr federal government deficit?

Yesterday, President Trump proposed a disastrous budget for next year that cuts essential services and programs Nevada families rely on. It's clear as day: he doesn’t care about the families that are struggling and will struggle thanks to his failed policies.

@SenJackyRosen The "enhanced" premium credits were supposed to be *temporary* pandemic-related assistance. If you want to make healthcare more affordable, reform Obamacare.

Trump and Washington Republicans refused to extend the Affordable Care Act’s enhanced premium tax credits. Now that they’ve expired, many Americans are paying much higher premiums and delaying doctor’s visits – if they can afford health insurance at all.  I’ll keep fighting to make sure every Nevadan can afford to see a doctor and get the medication they need.

@BasedMikeLee We should start closing or downsizing US bases in Europe next week. Bring our troops (and the associated spending) back to the US.

Should the U.S. leave NATO?