RT Dave Lee (@heydave7)I would be livid if I was Elon. Imagine you go all-in, receive tons of death threats, your companies are under fire, but you keep your head on the mission to cut costs thinking you’re doing your part to save our country. You bring in the best and brightest young minds, convincing them even though they get death threats too. You make big progress, toiling every day, 16+ hour work days, never complaining. You convince yourself it’s worth it because you love the country and want a better ...

InsaneDave Lee (@heydave7):Now that the BBB is law, Grok estimates the U.S. federal deficit to be $2.4 Trillion in 2025 and $2.4-2.5 Trillion in 2026.So we'll be adding about $5 Trillion to the federal debt in the next 2 years.What the politicians didn't tell you is that the $5 Trillion debt ceiling ...

Wall Street is worried as new legislation could push federal debt into dangerous territory—without an emergency requiring it https://t.co/903lRUxa98 ...

Legislative Action & Political Dynamics - House Republicans are on the verge of passing President Trump's tax and spending bill after addressing concerns from holdouts [1][4] - The bill is expected to pass and reach President Trump's desk, potentially allowing him to celebrate it on July 4th [5][17] - The sole Republican holdout on the procedural vote was Congressman Brian Fitzpatrick [2] - Elon Musk's opposition to the bill does not appear to have influenced Republican members [11][12] - House Minority Leader Hakeem Jeffries is expected to speak before the final vote, with the vote anticipated around 6:30-7 AM [15][16] Fiscal Implications & Debt - The bill is projected to add $4 trillion to the debt over the next 10 years, according to the Congressional Budget Office [3] - Some holdouts sought reassurances from the White House regarding the enactment of the bill and measures to reduce federal debt [3] - The White House may use a recisions package to claw back some federal funding [7] - The bill addresses the debt limit issue expected in August or September [9] Key Priorities & Content of the Bill - The tax package is being re-extended before the end of the year to prevent tax increases on Americans [9] - The bill includes Republican priorities such as border security and defense [10]

Market Trends - The yield curve exhibits unusual behavior with 30-year Treasury yields rising while shorter-term yields are falling, a pattern last seen in 2001 [1][2] - The Federal Reserve has cut short-term interest rates by 100 basis points since September 2024, contributing to lower short-end yields [2] - Further easing by the Federal Reserve is anticipated, potentially reaching 50 basis points in 2025 [2] Investment Risks and Opportunities - Longer-term yields have increased, with 30-year Treasuries exceeding 5%, a level unseen since 2007 [3] - Investors are demanding higher yields for longer-dated bonds due to concerns about US fiscal policy, growing federal debt, and potential future inflation [3] - Uncertainty surrounds the government's future debt issuance and market demand to absorb it without further yield increases [4] Economic Outlook - Falling short-term yields reflect expectations for additional Federal Reserve rate cuts [4] - Economic uncertainty is potentially linked to recent trade conflicts and tariff discussions [4]

Market Trends & Yield Curve - Different duration Treasury yields are moving in opposite directions, a rare occurrence with 30-year yields rising while shorter-term yields are falling [1] - This pattern was last observed in 2001 [2] Federal Reserve Policy - The Federal Reserve has cut short-term interest rates by 100 basis points (1%) since September 2024, lowering short-end yields [2] - Further easing by the Federal Reserve is anticipated, potentially as much as 50 basis points (0.5%) in 2025 [2] Long-Term Yields & Economic Concerns - Longer-term yields have increased, with 30-year Treasuries exceeding 5%, a level not seen since 2007 [3] - Investors are demanding higher yields for longer-dated bonds due to concerns about US fiscal policy, increasing federal debt, and potential future inflation [3] - Uncertainty exists regarding the amount of future government debt issuance and whether there will be sufficient demand to absorb it without further yield increases [4] Economic Uncertainty - Falling short-term yields reflect expectations for more Federal Reserve rate cuts, potentially linked to economic uncertainty from recent trade conflicts and tariff discussions [4]