RT Anthony Pompliano 🌪 (@APompliano)This week's conversation with @jvisserlabs unpacks the White House plan to eliminate capital gains, why the US grid is under so much pressure, whether Powell will resign, and the logic for bitcoin to explode much higher this year.Enjoy!TIMESTAMPS:0:00 - Intro1:05 - White House eliminating capital gains tax?3:52 - Why is PMI important?9:37 - US grid system13:55 - Human capital component21:37 - What is going on with the Fed?27:34 - Thoughts on Powell resignation30:36 - Bitc ...

Market Trends & Investment Opportunities - Discussion on the potential elimination of capital gains tax by the White House [1] - Analysis of the importance of the Purchasing Managers' Index (PMI) [1] - Bitcoin is considered to be in a position to potentially surge significantly this year [1] - Retail investors are identified as a driving force in the market [1] Economic & Financial Considerations - Examination of the pressures on the US grid system [1] - Consideration of the "human capital component" within the economy [1] - Speculation regarding potential resignation of Jerome Powell from the Federal Reserve (The Fed) [1] - Assessment of whether gold should be included as part of an investment portfolio [1]

UK has insanely high tax, bad weather, violent migrants running wild, police going after X users, bad crypto regs.... AND THEY THINK THEY CAN INCREASE TAXHAHAHAHHAHAAlex Recouso (@alexrecouso):🇬🇧 The recent capital gains tax increase in the UK was expected to bring additional tax revenue.Instead, high-net-worth individuals and families are leaving the country leading to an 18% fall in net capital gains tax revenue. A £2.7b loss.Welcome to the Laffer curve, suckers. https://t.co/f8zWaHPO2l ...

Market Trends & Investment Opportunities - The report suggests that breaking through \$120,000 in Bitcoin and \$4,000 in Ethereum could lead to rapid market movement [1][7] - The administration is considering eliminating capital gains tax on housing to stimulate the housing market by unlocking transactions and enabling people to sell homes [1] - Re-industrialization is occurring, driven by AI embodiment, requiring hardware, data centers, and power, shifting focus from software to energy, materials, and mining [2] - The US grid system is under strain due to the energy demands of AI data centers, leading to skyrocketing megawatt per day pricing and a shortage of data center space [2] - The report highlights a potential shift in market leadership from the MAG7 to a broader range of companies in the energy, materials, and mining sectors due to re-industrialization and AI [2][17] - Bitcoin is catching up to gold in performance, and the report suggests that Bitcoin relative to the S&P 500 and especially the MAG7 is the most important chart for the rest of the year [7] Economic Factors & Policy - The Fed's independence is questioned due to fiscal dominance, with a massive debt situation and a deficit of 6% to 7% requiring lower interest rates to manage interest expense [4] - The report suggests that the Fed may need to focus on the debt and deficit problem, potentially changing its views on monetary policy [5] - The report mentions that the market isn't expecting a rate cut at the next meeting, so a cut would be a massive surprise [5] Labor Market & Automation - There is a massive shortage of labor in energy, physical world, manufacturing, and blue-collar companies, suggesting robotics may fill the gap rather than displace workers [3] - The report indicates a need for 500,000 workers solely for the power side of the electricity grid [2] Retail Investor Influence - The report emphasizes the growing influence of retail investors, with meme-driven investments and a shift in market dynamics [7][8][9]

Housing Market Trends - Redfin's chief economist suggests that eliminating capital gains taxes on primary residences might not necessarily stimulate the housing market; it could even disincentivize selling [2][3][4] - The housing market is rebalancing, shifting towards a buyer's market with increased inventory [5] - According to Zillow, 26.6% of listings saw price cuts in June, the highest since 2018, indicating a market correction [5] - Increased negotiating power for buyers, especially in areas with substantial construction during the pandemic like Florida and Texas [5] - Rental market stability provides an alternative for potential homebuyers [6] Pricing and Transactions - Increased transaction activity is anticipated later in the year as sellers adjust to meet buyer expectations [7][8] - Seller realization of market realities, influenced by comparable sales data, is crucial for aligning buyer and seller expectations [9][10] Tax Policy Implications - Redfin suggests reducing taxes on home improvements, such as ADUs, to incentivize housing unit creation [4]

Uh the home construction ETF, the ITB, hit its best day since April 9th. So joining us now to discuss all of these moves and the sector overall is Stephen Kim from Evercore ISI. Stephen, it's great to have you on.Let's start right there. I mean, we don't usually see these types of moves in home builder stocks. Is it warranted.>> Well, you know, I'll tell you the the builders have a reputation for moving fast and furious and uh you don't get a lot of warning. The the the guys in traffic in these names know t ...

Trump ‘Thinking About’ Ending Capital Gains Tax On Home Sales—Why That Could Impact Millions Of Homeowners https://t.co/rS1rclQEh9 ...

Tax Policy Reform - The President signaled support for legislation eliminating capital gains tax on home sales [1] - A National Association of Realtors study found the tax policy reform could impact millions of Americans [1]

Trump ‘Thinking About’ Ending Capital Gains Tax On Home Sales—Why That Could Impact Millions Of Homeowners https://t.co/30Bvvk7D05 https://t.co/30Bvvk7D05 ...

Trump ‘Thinking About’ Ending Capital Gains Tax On Home Sales—Why That Could Impact Millions Of Homeownershttps://t.co/WCo626Rq9K https://t.co/CrTzurlfRf ...