Sid Prabhu
@sidprabhu
Good thread by @elmwealth on this phenomenon... "Over the past 75 years, the US stock market was within 5% of its all time high about 60% of the time (red segments), and then another 25% of the time the market was in or near a bear market (orange segments)."…
Its my opinion that with rare exception the stock market is either expensive or scary (arguably both now). The rare and fleeting exceptions are "When the easy money is made"
A new low for Trump, as the USS Donald Trump takes on a lot of water. His net approval has dropped 17 pt since January to -11 pt now. Underwater on all major issues from immigration (-5 pt) to Epstein (-37 pt). Only presidency with worse ratings at this point? Trump term 1.
Japanese PM Ishiba To Announce Resignation By End-August – Mainichi
You’ve lost Ann Coulter. That’s how obvious this cover-up is.
just pathetic they were surprised by getting hit on rare earths
Imagine owning USD with Trump as Fed Chair... "Trump Wants Presidents to Have Some Say Over Interest Rates" bloomberg.com/news/articles/…
He angled to get the vice chair post under Powell. Trump ultimately gave it to Clarida, who reported up to El-Erian at Pimco, after Powell backed Clarida for the job. Powell wanted someone who could help on monetary policy and who he could trust.
BoE’s Gov Bailey: Uncertainty On Fiscal Policy Is Also Having An Impact On Bond Term Premia - We Have Seen Shift In Balance Of Borrowing To Government From Private Sector
TRUMP: WHETHER IT'S RIGHT OR WRONG, IT'S TIME TO GO AFTER PEOPLE TRUMP: I WOULD TARGET OBAMA
Really all you need to know about the empty suit class as exemplified by Mohammed El-Erian
This morning, US government criticism of both Federal Reserve Chair Powell and the institution itself has broadened to include "mission creep" and the effectiveness of other officials. The developments of the last few days reinforce my view: If Chair Powell's objective is to…
CNN put together a montage of Lutnick promising that deals are coming soon
Fed loses money supporting Treasury market, Treasury uses those losses to call for an investigation of the Fed...Ironic.
Today in a CNBC interview, I called for a review of the Federal Reserve. It is my belief that the central bank should conduct an exhaustive internal review of its non-monetary policy operations. Significant mission creep and institutional growth have taken the Fed into areas that…
New @nytimes op-ed by former Fed chairs Ben Bernanke and Janet Yellen nytimes.com/2025/07/21/opi…
They'll throw Powell in jail before prosecuting one Epstein client
POWELL HIT WITH CRIMINAL REFERRAL BY HOUSE GOP TRUMP ALLY - FOXNEWS
Central bankers are going to have to get out of the way and stop saying the plumbing of the bond market is broken whenever the bond markets signals there is a fiscal problem. Their grandkids will thank them for it.👇
We all want fiscal responsibility. But that won't happen as long as central banks cap yields when they spike, as the Fed did in 2020. You can cap yields, but that inevitably incentivizes bad fiscal policy. Our fiscal mess is inextricably linked to the Fed. robinjbrooks.substack.com/p/fiscal-respo…
Treasury Secretary Scott Bessent in recent days privately laid out his case to President Trump for why he believed Trump shouldn’t try to oust Federal Reserve Chair Jerome Powell, people familiar with the matter said. @schwartzbWSJ wsj.com/economy/centra…