President Trump signs executive order to allow Bitcoin and crypto in 401(k)s.
Source: Finviz
The US Bond Market has now been in a drawdown for over 5 years, by far the longest in history.
Source: Charlie Bilello
Gold hits new record high
News: Trump wants to tariff imported gold bars. Premiums for New York gold futures jumped above the spot price, signaling that deliverable supply into the U.S. market had abruptly tightened. Swiss refiners have already slowed or halted shipments, further compounding the squeeze. By effectively capping imports of these bar types, the move raises the stakes for COMEX short sellers, whose ability to source bars for delivery just got more complicated. Stay tune Source: The Coastal Journal, Endgame Macro on X
The White House announced Wednesday that it is imposing an additional 25% tariff on India, bringing the total levies against the major United States trading partner to 50%.
“I find that the Government of India is currently directly or indirectly importing Russian Federation oil,” President Donald Trump said in an executive order. “Accordingly, and as consistent with applicable law, articles of India imported into the customs territory of the United States shall be subject to an additional ad valorem rate of duty of 25 percent,” the executive order reads.
Apple $AAPL Proof of Life
White House adviser says new $APPL US investment likely to be announced today. Source: Barchart
Government jobs created/eliminated under Biden and Trump.
Probably too early to call it a trend change, but worth being highlighted. Source: Chart Eleva Capital, Bloomberg thru Michel A.Arouet
Apple $AAPL increases commitment to $600 billion, announces american manufacturing program.
“Today, we’re proud to increase our investments across the United States to $600 billion over four years and launch our new American Manufacturing Program,” - Tim Cook Source: Evan on X, FT
The average american now needs to work nearly two full years to buy a single Bitcoin
Source: Documenting Saylor @saylordocs on X
