This week SPX moved lower thanks to Trump’s clockwork precision in giving out more tariff shocks to manipulate the financial markets. As such a short term correction has started and it can get very interesting should the rumored “Liberation Day 2.0” really happens by early June.
Lyn Alden had a discussion with Jimmy Connor on her takes of Trump’s “Big Beautiful Bill”. Ms Alden pretty much explained all the short and longer term effects of this bill. It also means we should all be prepared to deal with the expected impact on the economies for US and the rest of the world.
One of the hot topics on X is the steady rising of bond yields across not only the US treasuries but also across all other major economies around the world. This is a serious problem for all these governments that have been printing money all these years. Their inability to attract buyers have many implications. Steve Hanke explains what will happen should this situation continues.
If you are interested in esoteric stuff that predicts the future, this video probably will stir your interest and keep you from sleeping well.
Have a great weekend all!