A group of Senate Democrats are asking President Trump to reconsider his decision to let Nvidia and AMD sell AI chips to China in exchange for a 15% cut of revenue. The letter signed by Senators Chuck Schumer, Mark Warner, Jack Reed, Elizabeth Warren, and others. They're requesting details on that arrangement with Nvidia and AMD by this Friday.We should mention that in those letters, the lawmakers said that President Trump's deal amounted to America negotiating away its competitive edge critical to national ...

Economy & Tariffs - The Democratic Party initially predicted economic faltering and recession due to tariffs, but this hasn't occurred [2] - Concerns remain that tariffs will worsen inflation and affordability issues, especially for consumer goods [6] - There is disagreement on whether tariffs have significantly impacted prices [5] Economic Indicators & Performance - Job creation has decreased to near record lows [3] - Inflation reached a high of 9% but is now at 27% year-over-year [7] - Unemployment is at 42%, considered full employment, and GDP was 3% [7] Political Stance & Policy - Democrats advocate for a strong social safety net, including Social Security, Medicare, and the Affordable Care Act [9][10] - The administration is accused of attacking these programs and nutritional assistance [10][12] - There are concerns about a bill that could negatively impact healthcare access and affordability [11] New York City Mayoral Race & Affordability - Affordability is a key issue in New York City, influencing the mayoral race [14][21][22] - One mayoral candidate is focused on addressing affordability, but his solutions are under scrutiny [14][23] - A proposed solution involves increasing the supply of affordable housing through public-private partnerships [24] Government & Free Market - The Trump administration is accused of attacking the free enterprise system and engaging in "pay to play" schemes [28][29] - There are concerns about political interference in the Bureau of Labor Statistics (BLS) [27][28] - The President is criticized for bullying corporations and individuals [31][32]

Investment Strategy & Market Outlook - Initially holding 95% in cash, the portfolio is now 50% cash due to high market valuations [1][3] - Cash is considered "king" currently, with plans for aggressive buying during market corrections [2] - Holding cash provides a 4-5% interest rate from U S Treasuries, making it a safe and attractive option [3] - Emerging markets are showing promise, keeping pace with the US market in the last year [3][4] - Trade negotiations are expected to conclude in the next 4-5 months, potentially boosting emerging markets [4] Regional Investment Opportunities - Japan presents opportunities with good earnings, low price-earnings ratios, and growth, despite the Bank of Japan's policy rate of about 0 5% and inflation around 2 7% [5] - India and Taiwan are also promising markets, despite facing high tariffs from the US administration [6] - India's self-contained market and trade restrictions mitigate the impact of tariffs [7][8] - Consumer companies, airlines, and telecoms (e g Bharti Airtel) in India are attractive investment sectors [9] Risks & Uncertainties - Tariffs have negatively impacted market sentiment, raising concerns about higher inflation and poor earnings for import/export-dependent companies [14] - The ultimate impact of tariffs remains uncertain, with potential legal challenges in US federal courts [15] - Competition in the tech sector, particularly in AI, poses a significant risk to tech investments [25][26]

The free market is an economic system based on competition, with little or no government interference. https://t.co/cYu7bHQxWF ...