The dollar index (DXY00) today is up by +0.27%.  The dollar is stronger today as higher T-note yields strengthened the dollar's interest rate differentials.  Also, comments today from Richmond Fed President Tom Barkin were supportive of the dollar when he said he expects tax cuts and deregulation to lift growth this year.  The dollar still has some safe-haven support due to the escalation of geopolitical risks in Venezuela after the US captured Venezuelan President Maduro, and US President Trump said the U ...

And some after hours action. Hila Packard Enterprise missing revenue expectations in Ulta topping earnings and revenue estimates. Meanwhile, Morgan Stanley recently raised its 12-month S&P target to 7,800.So, as we mentioned before, Mike is feeling bullish. What is going to carry us to 7,800. >> It's really a continuation of this year's story.I mean, you know, we we had a view coming into the year that they were going to probably do the growth negative policy stuff first and it turned into sort of kitchen s ...

Democrats view health-care subsidies in much the same way Republicans view tax cuts, says @allisonschrager: Once in place, they become so popular they can’t be taken away (via @opinion) https://t.co/YsDIfqOd0a ...

Core Viewpoint - The discussion centers around the rising price of gold and its implications for the economy, with predictions of a potential decline in gold prices due to improving economic conditions and sound monetary policies reminiscent of the Reagan era [1][2][3]. Group 1: Gold Price Dynamics - Gold prices are currently high, driven by factors such as inflation concerns and a lack of confidence in the dollar, with central banks increasing their gold purchases [4][14]. - Historical context is provided, noting that gold prices peaked at $800 an ounce before falling to less than $300 during the Reagan administration, suggesting a similar decline may occur again [3][13]. - The current gold price is viewed as unsustainably high, with expectations of a sharp decline over the next few years as economic conditions improve [2][13]. Group 2: Economic Policies and Predictions - The conversation highlights the positive impact of tax cuts, spending controls, and deregulation on the economy, drawing parallels to the policies of the Reagan era [2][9]. - There is a belief that a stable and strong dollar is essential for attracting investment and fostering economic growth, contrasting with the notion of a weaker dollar [10][11]. - The potential for peace in geopolitical conflicts, such as in the Middle East and Ukraine, is seen as a factor that could further stabilize the economy and contribute to a decline in gold prices [12][16]. Group 3: Inflation and Monetary Policy - Inflation remains a concern, with current rates above the 2% target, leading to discussions about the Federal Reserve's interest rate policies [16][18]. - The relationship between supply-side economics and inflation is emphasized, suggesting that increased production and deregulation could lead to lower prices [19][21]. - The importance of maintaining a sound dollar and low marginal tax rates is reiterated as a prescription for economic growth [22].

Healthcare Policy & Affordable Care Act (ACA) - Republicans are accused of lying about healthcare provisions dating back to the Bush administration, specifically regarding funding for emergency medical care for non-documented individuals [7][8] - Federal law prohibits spending federal dollars on non-documented immigrants, but emergency medical care is an exception [8] - Ending Affordable Care Act (ACA) subsidies could lead to 100-400%+ increases in healthcare costs, particularly affecting people in red states [11][12] - Extending ACA subsidies is necessary to prevent harm to up to 27 million Americans [15] Political Strategy & Negotiations - Republicans are criticized for sending House members home early and then claiming they have no control over negotiations [1][2][3] - The speaker controls the schedule and whether the House is open for negotiations [3] - Democrats want to extend the Affordable Care Act subsidy, which is set to expire at the end of the year [5] - Republicans are allegedly using healthcare as a bargaining chip to pay for tax cuts [12] Economic Impact & Tax Policy - Tax cuts need to be paid for, and the burden is seemingly falling on middle-class and poor Americans through cuts to social safety nets like Social Security, Medicare, Medicaid, and healthcare [13][14][16] - The promise of tax cuts may not outweigh the reality of higher healthcare premiums for voters [16]

Some Democrats have found an answer to President Trump’s popular tax cuts for tipped workers, overtime pay and senior citizens: expand them https://t.co/30K079nZ20 ...

Looks like we don't have a mention market for SouthPark's episode about Mention Markets.So instead, I am speculating on what JD Vance will say in a very niche public address in North Carolina.He's speaking at 2:30pm EST(i hope i wake up to some wins)Doing some due diligence, the topics will include President Trump’s tax cuts for working families and empowering state and local law enforcement.&& we have 2 VERY different word choices across Kalshi + Polymarket.------JIMMY KIMMEL | POLYMARKET | NO | <75cThis t ...

Economic Impact - Modi's promised tax cuts could potentially hinder India's festive-season spending [1]

I am looking forward to an exciting discussion with @realartlaffer at Imagine IF! We will discuss the incredible prospects for Bitcoin and AI, turbocharged by tax cuts and deregulation. Imagine!Bitcoin Park (@bitcoinpark_):What started with tax curves now meets digital rails. Dr. Art Laffer (@realartlaffer) and @CathieDWood will debate how supply-side insights translate to Bitcoin, AI, and energy—and what it means for inflation, investing, and sovereignty at Imagine IF.Learn more: https://t.co/NZUSfe3sH0 ...

Vice President JD Vance was sent out today to do the impossible, selling the people of Georgia on Donald Trump's unpopular, big, beautiful bill. It is damage control as Democrats visit red states and districts to warn about the pain Trump's bill is likely to cause them. And Georgians already know what's at stake.Most voters are opposed to the bill which under which according to KFFF 500,000 of them roughly 14 million Americans nationwide could lose their health insurance over the next 10 years. Joining our ...