Bitcoin Principles - Bitcoin is described as moral code, utilizing math for defense [1] - Bitcoin aims to protect against censorship, inflation, and confiscation [1]

St. Louis Fed President Alberto Musalem said he sees upside risks to inflation, but it’s too early to know whether tariffs will have a persistent impact on prices. https://t.co/UbCtXraEaG ...

They Former US Vice President Mike Pence taking a critical stance on President Trump's tariffs. Writing in a Wall Street Journal op ed in the past few months that since the president announced his Liberation Day tariffs, the only thing America has been liberated from is trillions of dollars in investments, a place to say the 48th vice president of the United States, Mike Pence, joins us now for more. Mr.. Vice President, good morning. Good morning. Thanks for having me on.Thank you for being here. I want to ...

Economic Resilience and Uncertainty - The American economy demonstrates resilience despite uncertainty [3] - Uncertainty has settled, influencing market reactions, but the economy is still holding [3] - A Ben Franklin close (pros and cons analysis) is relevant for decision-making [3][4] Fiscal Policy and Business Impact - Companies have certainty regarding tax rates and 100% expensing of equipment [4] - Deregulation and AI are also factors influencing the economy [4] - The budget is settled, providing certainty, despite positives and negatives [6] Tariffs and Inflation - Tariff uncertainty is a key consideration [6] - There is more certainty on the tariff side compared to April [7] - Several months of tariff revenue have amounted to $25 billion to $30 billion [7] - The pricing effect of tariffs is working its way through, but the impact on consumer behavior is not yet significant [8] - Inflationary effects remain a concern [8] - Different entities along the value chain absorb different pieces of the tariff impact [9] - Lower gas prices (under $3) are a significant positive [9] Federal Reserve (The Fed) Policy - The Fed is expected to wait on interest rate adjustments due to inflation concerns [10] - The Fed aims to avoid stagflation [10] - The Fed needs to ensure that any rate adjustments do not lead to renewed inflation [10][11] - Current data does not indicate significant inflation [11]

Tom Barkin is looking for clarity about inflation, tariffs and employment the old-fashioned way: He’s talking to people https://t.co/WLGf7jBgHe ...

So we think Elon is gonna juice the X stimmies this week to fight back against inflation from BBB? ...

The European Central Bank current interest-rate position is appropriate and the institution is fully committed to its 2% inflation target, President Christine Lagarde tells ARD https://t.co/eGhwLWfNB2 ...

Please lately we're getting some headlines here from the Atlanta Fed President Raphael Bostic. Steve Leeman has those for us. Morning Steve. Good morning Shar.Yeah, Raphael Bostic saying a time of uncertainty is quote no time for significant shifts in monetary policy. He's the first uh Fed person to talk after the jobs report this morning. He says he still fully supports the wait and see approach to policy.Uncertainty, he says, persists in every area that central bankers care about uh the US economy. And th ...

Federal Reserve & Monetary Policy - The market is awaiting the June jobs report, a key data point influencing the Federal Reserve's (Fed) next move, amid renewed pressure from President Trump to cut rates [1] - The discussion revolves around President Trump's criticism of Fed Chair Jay Powell and whether Powell has any leverage in the situation, such as stepping down as chair but remaining a governor [2] - Historical context reveals that presidential pressure on the Fed is not unique to Donald Trump, citing examples of Lyndon Johnson and Ronald Reagan [3][4] - The President's pressure is understood as political, driven by the belief that Fed rate cuts will lower consumer costs, although the Fed doesn't control the entire yield curve [5] - The jobs numbers will have a bigger impact on the next meeting in September than the President's comments [6] - The independence of the Fed is a key concern, particularly regarding the appointment of a potential "Trump lackey" who might infringe upon this independence [7][8] - The Federal Reserve is credited with keeping inflation at 1.7% and maintaining relatively good employment health [9][10] - Concerns exist that excessive accommodation by the Fed could lead to a significant inflation problem, similar to the Arthur Burns era [20][21] Market Reaction & Economic Indicators - The bond market is trading as if the next Fed chair will lower rates, despite reasons for bond yields to be higher, such as a weaker currency and a rising deficit [16][17] - Warrant data, indicating significant layoffs and changes in employment, is up, suggesting potential weakness in the employment picture [18] - While the unemployment rate is around 4.5%, it's still historically low [18]

>> No, we. >> Can't. >> But smaller than the state of California.>> I'm not really fighting my corner very well there. No, but it just is what it is. Anyway, we are going to talk a bit more about that at about 1130, but let's talk a bit more about the markets here.Oppenheimer chief investment strategist John Stoltzfus joins us now. John, great to see you. >> Terrific to be here.Wilfred. >> What do you think happens if the one big beautiful bill passes, do we get a 1% jump in the markets a fall, buy the rumo ...