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washparkhorn

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  1. For all the fuckupedness Texas politicians demonstrate, I have an equal disdain for New York and South Carolina idoit politicos. The three states have produced some of the most craven windbags in the history of this nation. A pox on all of them.
  2. Appears to be working. DXY down 4% since Trump 2.0. He is making the US economy ideal for recession and stagflation. The narrowing yield gap between the US and other economies is creating additional pressure on the strength of the USD. JD’s accelerationist sponsors are overjoyed with their investment.
  3. Oopsie pt. 2. GDP takes another negative turn while data signal price increases. Stagflation Warning at Defcon 2.
  4. Oopsy. . . GDP jumped off the ledge for the first quarter. (source: Atlanta Fed GDPNow)
  5. What is it called when an economy has high inflation and massive unemployment? Stagflation, if we are lucky enough to avoid a Depression. Jesus take the wheel.
  6. CPI. Inflation up. Animal spirits pricing in tariffs raising prices. No reason for Fed to lower Fed Rate.
  7. China’s DeepSeek killing the AI vibe. It does more with less (or nvidia chips somehow made it to China via Singapore).
  8. Eliminating the debt ceiling and removing it a suicide pill for nihilistic politicos is prudent. We have the dominant reserve currency—and the immense benefits of that status—because we do not default on our debts.
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