PipTra!n

🚂TRENDS ARE LIKE TRAINS! Day & Week 100ma's are the tracks. Big picture charts here=====>x.com/piptrain/media #IranWar ☢️ #TradeWar ☢️#Commodities 👎#RussiaUkraineWar ☢️ #BRICS 🇨🇳 #Austerity 🇺🇸#GlobalRecession ⚠️#USDbull 💲 #HelloSummer 😎

@SpeakerJohnson @foxandfriends Mike Johnson's failed leadership in congress is why congress approval rating is at record low 10%. All MAGA mike cares about is helping donald get away with defrauding america. History will not be kind to MAGA mike. November is coming.

President Trump is bringing Iran to the negotiating table from a position of STRENGTH and showing how Republicans are putting America FIRST. @foxandfriends

@mcuban CUBAN 2028

Let me give you an example of where there is no gov intervention, and the impact on brand drug pricing. When a brand manufacturer sells a drug to one of the big 3 drug distributors that control more than 90 pct of their market, those multi hundred billion dollar distributors DONT negotiate the lowest price they can get. They literally pay retail price. Then, in exchange for paying promptly, and providing some data, they get a discount of a whopping 5 pct. For a $600 drug, their net cost is $570 For obvious reasons, that distributor can’t sell to your local pharmacy for less than $570. So when you go to buy that drug, and have no insurance, or a deductible of more than $600, that’s why you pay the full $600. The question is “why would multi hundred billion dollar distributors only negotiate a 5% discount on brand drugs?” I asked this very question to several CEOs of brand drugs companies First you have to know that the pharma companies don’t keep that full $570. Because they pay rebates and fees to the big insurance company PBMs , they end up netting about 50% , or $300 in this example I asked them why they didn’t sell to the big distributors at a little more than their net price, which would allow them to make more money. And it would also allow the distributors to sell to pharmacies at say $350 (so the distributors make more money ), and the pharmacies could sell to the uninsured and those during their deductible phase for $375. Meaning more patients could benefit from their drugs. This doesn’t mean every patient could afford their meds, but it means that more could. Saving $225 is not nothing. The CEOs each told me that they would like to, but can’t. Why? Because the ins company PBMs have told them that if they did this , they would reduce their position on their formularies. Which could cost them billions of dollars across all their drugs. None of this is against the law. It’s become standard industry practice. Until we break up these conglomerates , it will only get worse.

@epaleezeldin This is savings for corporations and polluting for the people. Lee zeldin will go down as the worst polluting and most corrupt EPA in history.

This week in the Oval Office, with a healthy dose of basic common sense, President Trump and I announced an additional $2.4 BILLION in savings for the American people, by opening up access to more affordable refrigerants.

@MeanwhileInUA ANOTHER working democracy next door. The baltic countries are democracies too.

Putin didn't invade Ukraine because of NATO. He invaded because Ukrainians were proving democracy works. Historian and Pulitzer Prize winner Anne Applebaum puts it plainly: Putin looked at Ukraine's democratic movement and thought, "If they can do it in Ukraine, then people could do it in Russia. So I need to crush this." That's the real threat Ukraine posed. Not missiles. Not borders. A working democracy next door. Applebaum frames the war as a fault line between the democratic and autocratic worlds. Russia isn't just trying to take territory. It's trying to erase Ukraine as a nation, reduce it to a colony, and send a message to every country that the post-1945 rules of Europe no longer apply. Those rules were simple: no invasions, no wars, borders don't change by force. Russia understood exactly what it was breaking when it crossed into Ukraine.

NYT out with a jaw dropping investigative report on the Commodity Futures Trading Commission. 60 Minutes reported last Sunday on some of this, too. The NYT report is a must-read, the 60 Minutes report should then be watched. 1/3

@jkbjournalist The trumps need these other streams of income because their crypto fraud world liberty financial is unwinding as is trump media $DJT slowly dying. Bankruptcies are coming.

This is a great story about how Trump and his family are profiting off the renaming of the Palm Beach International Airport, with the blessing of Fla Gov. Ron DeSantis. I guess everything is up for grabs in America these days, with no input from local taxpayers or voters.

Oh.

@biancoresearch Energy is having a red month, so..

April y/y CPI was 3.8% The Cleveland Fed’s inflation nowcast has May y/y CPI jumping to 4.2%.

@FT Good riddance

Tulsi Gabbard resigns as Trump’s US intelligence chief ft.trib.al/ABxHS1G

@Claudia_Sahm Thank u

@piptrain it's not just driven by dems.

Consumer sentiment hit an all-time low. Likewise, views on government economic policy are crashing.

@Reuters reminder: israel is not a member of nato.

NATO alliance has to be good for all involved, Rubio says reut.rs/4uulbwj reut.rs/4uulbwj

@ArthurMacwaters inflation rate was double what it is today. suck it up, america!!

America is unironically the greatest civilization to ever exist. On every axis. And it’s worth celebrating with all the zeal and love of this old Coca Cola commercial 🇺🇸🇺🇸🇺🇸

@PiQSuite deflation in natgas will spread to the rest of ENERGY.

🚨 CME Price Alert 🚨 Natural Gas (N26) trades below its 50-day moving average Traded 3.053 on 22 May at 10:07 am Find out more #segmentation=hourly&hourlytab=5utm_source=piq&utm_medium=organic_social&utm_campaign=tools" target="_blank" rel="nofollow noopener">cmegroup.com/price-action-a…

@Claudia_Sahm i do not see CPI rising above unemployment rate. do you?

Reminder: Waller dissented in favor of a cut in January when the FOMC held rates steady. Now he's helping frame up a possible path to a hike. Underscores how much the economic backdrop has changed with the conflict in the Middle East.

"I am prepared to be patient in holding policy at its current restrictive setting as we watch how the conflict evolves and what impact there is on inflation and inflation expectations. If I believe inflation expectations start to become unanchored, I would not hesitate to support an increase in the target range for the federal funds rate." ~ Chris Waller federalreserve.gov/newsevents/spe…

crypto winter 2.0 just getting started. 🥶❄️ (just like trump 1.0)

@financialjuice starting today we go from TACO to WACO.

Trump is due to swear in Federal Reserve Chair Warsh at 11 AM ET - Roll Call

@TheStalwart got BONDS?

Incredible how dismal consumer sentiment is now. It just keeps going lower. *UMICH FINAL MAY CONS. SENTIMENT AT RECORD-LOW 44.8; EST. 48.2

got BONDS? 🎈

as goes NVDA so goes da markit. happy summer, amigas! (wear sunscreen) 😎