John Kicklighter
@JohnKicklighter
Analyst. The views I express here are mine alone and do not necessarily reflect the views of my employer.
Tariffs and Fed Pressure Are Setting Up a Volatile Week Sorry, the video apparently was corrupted so you don't have to suffer my face. Have some charts though. youtube.com/watch?v=yD1Xj7…
Haven't seen many fresh and encouraging headlines around US and China trade negotiations. Technically, the specific 90-day tariff pause between these two is set to expire on Aug 10/11. $USDCNH looks steady, but USDHKD suggests that is being heavily controlled...

Markets Close in on Another Trump Tariffs Deadline stonex.com/en/thought-lea…
Looks like this round of Bitcoin's 'breakout' to record highs may peaked. This break was stronger and longer than the one in May, but far less impressive compared to the ~47% charge in Nov-Dec:

That'll really inspire all of those leveraging tax loopholes to contribute...
TREASURY DEPARTMENT NOW ACCEPTING VENMO AND PAYPAL PAYMENTS FROM THOSE WHO WANT TO DONATE MONEY TO REDUCE U.S.'S $36.7 TRILLION DEBT - REPORTS
The $SPX is handily on pace to spend its 64th consecutive trading day above its 20-day simple moving average. Not since August 1997 has it advanced this consistently (which requires direction and pacing)

He doesn't actually care about the cost. He just wants Powell to quit.
Trump: It looks like it’s about $3.1 billion Powell: I’m not aware of that. Trump: It just came out Powell: You just added in a third building Trump: It’s a building that’s being built Powell: It was built five years ago.
Just standing next to the guy and ruminating aloud that he should cut rates and be fired... President Trump must have really had his team exhaust the options for his ability to fire Powell...
TRUMP: I'D GENERALLY FIRE A PROJECT MANAGER THAT'S OVER BUDGET
Oh wow. They actually have a live feed of Powell and Trump at the Fed... This is more awkward than a Borat skit.
Donald J. Trump Truth Social 07.24.25 03:41 PM EST Getting ready to head over to the Fed to look at their, now, $3.1 Billion Dollar (PLUS!) construction project. Also present will be Fed Chair Jerome Powell, Senator Tim Scott, Senator Thom Tillis, OMB Director Russ Vought,…
From today's press briefing: I announced the launch of our World Economic Outlook Update next week, and answered questions on Argentina, Egypt, Ghana, Senegal, Ukraine, and more: x.com/i/broadcasts/1…