What do you notice on the picture below?
Source: Michel A.Arouet
Bloomberg reports that US Treasury Secretary Scott Bessent is a possible contender to succeed Fed Chair Powell.
Last week, Trump said his pick for the next Fed Chair is “coming out very soon.” Source: The Kobeissi Letter
Elon Musk has said he “regrets some” of his posts about Donald Trump, after a spat between two of the world’s most powerful men resulted in a public split last week.
“I regret some of my posts about President @realDonaldTrump last week. They went too far,” the Tesla chief executive said in a post on his social media company X on Wednesday. The relationship between the pair had shown signs of strains in recent weeks, with Musk criticising parts of the White House agenda, including the US president’s signature tax bill, which he called a “disgusting abomination”. It then imploded last week as the two traded insults. In a series of posts on X, Musk called for Trump to be impeached, suggested his trade tariffs would cause a US recession, threatened to decommission SpaceX capsules used to transport Nasa astronauts and insinuated the president was associated with the late paedophile Jeffrey Epstein. Allies have since urged the US president and his billionaire backer to repair their relationship. The FT reported last week that senior figures in the tech industry had urged the two to reunite, amid concerns the damaging spat could impact the administration’s plans for tax cuts and deregulation. ➡️ https://lnkd.in/e9V7yJua
Portugal might bring back enhanced tax incentives, just for Golden Visa investors.
A 20% flat tax on local income. 0% on foreign income. Basically NHR 1.0… but gated behind a Golden Visa. If this passes, will demand explode? Source: Alessandro Palombo, Forbes
I know, it does not mean anything... still, this is a really big number...
Source: ₿TCHEL2025
Lesson of the week-end...
Always believe in yourself... till the very end
YouTube is now the No.1 platform on U.S. TVs, with a 12.4% share of total viewing and 25%+ among streamings.
Its ad + subscription revenue topped $50B last year. At Netflix's 12x sales multiple, YouTube alone could be worth $700B+. $GOOG $GOOGL $NFLX Source: Vlad Investment Bastion
Will Musk create a new political party?
Source: www.zerohedge.com, Polymarkets
