Craig Shapiro
@ces921
Macro Strategist: The Bear Traps Report, Cross-Asset Trader 20+ years, Ex-SAC, Ospraie, Graticule and Circle Lane Capital
Hypothesis: Budget Math Suggests Big Tariffs Are Coming This week we learned that Treasury Secretary Bessent is trying to get Trump to change his scorecard for the success of his economic policies from a higher stock market to a lower 10 year yield. Lowering borrowing costs for…
The U.S. dollar built a global empire. But that empire now feeds on its own people. 🧵 How dollar hegemony hollowed out America — and why the system is quietly collapsing:
TRUMP: WOULD USE TARIFF MONEY FOR REBATES TO AMERICANS So not to pay down debt and reduce the deficit as promised? Got it
Trump looking to distract the base from the Epstein files with a bribe. Right on brand
Trump: I am mulling a rebate checks for low-income Americans.
Remember when Trump said we were gonna get an audit of Fort Knox to make sure all the gold was still there? Well instead we got a tour of the Federal Reserve construction site which has assured us that we will continue to get fiat money printing forever in a newly restored multi…
Trump meeting "Too Late" JP to go thru building plans wearing hard hats. What a spectacle
Trump: Getting ready to head over to the Fed to look at their, now, $3.1 bln (PLUS!) construction project. Also present will be Fed Chair Powell - Truth Social.
Live shot of the Marriner Eccles building ahead of Trump visit today at 4pm to the Fed. He's gonna take one look at the construction which looks like a war zone and say "Powell must go...I know building and construction...he's going it all wrong. Only I can fix it."
TRUMP TO VISIT FEDERAL RESERVE 4PM THURSDAY: WHITE HOUSE He is going to check on the building renovations I guess. He's a real estate guy afterall.
The Justice Department told Trump in May that his name is among many in the Epstein files - WSJ.
The Justice Department told Trump in May that his name is among many in the Epstein files - WSJ.
LEAVITT ON JAPAN DEAL: $550B TO BE SPENT AT TRUMP'S DISCRETION Trump Hotel remodels are gonna be 🔥
This is where the AI capex boom has real world implications for inflation and for consumers wallet share pressures. Let's see if Trump tries to bully utilities from raising prices in his "run it hot" economy. Gonna be tough not to see this. As @LukeGromen says, do we want…
The capacity auction at PJM Interconnection — the biggest US grid — are out: $329.17 per megawatt-day, a 22% increase from the previous year (and a ~300% increase from the 2023-2007 average). PJM serves ~67 million people across 13 states. Statement: insidelines.pjm.com/pjm-auction-pr…
Strong use of CAPS suggests bigly over exaggeration and lies Trump - Remember, Japan is, for the first time ever, OPENING ITS MAKET TO THE USA, even to cars, SUV’s, Trucks, -and everything else, even agriculture and RICE, which was always a complete NO, NO. The Open Market…
🔴 US Treasury Secretary Bessent: Amazon CEO told me last week he sees no price hikes. $AMZN
🔴 US Treasury Secretary Bessent: Amazon CEO told me last week he sees no price hikes. $AMZN
Is Fed Independence been good for the average American? Put any thoughts in the comments.
Here is an op-ed from Bernanke and Yellen talking about how great the independent Fed is and how that independence and credibility is an important national asset. Well, what if they are wrong? Here's a list why 1. The Fed Hasn’t Been Neutral: It Has Picked Winners Critics:…
New @nytimes op-ed by former Fed chairs Ben Bernanke and Janet Yellen nytimes.com/2025/07/21/opi…
Here is a look at the degree of Overbought various securities are on my proprietary scoring tool. Looks at data over the last 10 years with a combination of trailing 1m/3m z-score of performance as well as the RSI. These overbought signals can alleviate in time or price.…
