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This may be the most perfect photo ever taken during trump inauguration.
The longer you stare at it, the more fascinating and remarkable it becomes. Source: Benny Johnson on X
US President Donald Trump issued an immigration directive to withhold birthright citizenship from children born in the US to parents who are illegally residing or hold temporary visas.
This order, effective in 30 days, faced immediate legal challenges from civil rights organizations and advocacy groups, questioning its constitutional validity. Source: Times of India
Elon Musk just shared his thoughts on the TikTok ban
Source: Evan
Shocking stat of the day: Not a single major US government agency is occupying even 50% of their office space.
As a result, the Trump Administration is reportedly considering selling TWO-THIRDS of US government office buildings, per WSJ. This comes at a time when office building prices have already fallen 30%+ from their highs. A mass liquidation of US government office buildings would flood the already weak commercial real estate sector with more supply... Source: The Kobeissi Letter
Biden vs Trump on Inflation
During Biden’s presidency, Yahoo Finance tracked inflation in 26 categories that account for most of the things people spend money on. In 12 of those categories, prices rose by more than incomes during Biden’s four years overall. That included housing, transportation, and food, the three things the typical family spends the most on. During Trump’s four years, earnings rose by more than prices in every single one of those 26 categories. source : yahoo!finance
Why America is in an alcohol recession - by The Hustle
Beer, wine, and spirit sales have trended upward for years. But the industry now faces new threats. Among these threats: the demographic factor. For middle-aged and older Americans, alcohol consumption hasn’t declined much. But Gallup discovered that 59% of 18-to-34 year olds (Gen Z and younger millennials) self-identified as alcohol drinkers, down from 72% of 18-to-34 year olds in the early 2000s. (This decline has coincided with a doubling of the share of Americans who smoke marijuana, with young people being the most likely to toke up.) Source: The Hustle
Congress Trade: Representative Nancy Pelosi Just Disclosed New Stock Trades
Representative Nancy Pelosi just filed new stock trades, which we received from a Stock Act disclosure: Nvidia $NVDA: (3 separate transactions) 1) - Exercised 500 call options purchased 11/22/23 (50,000 shares) at a strike price of $12 with an expiration date of 12/20/24 for between $500K-$1M 2) Sold 10K shares for between $1M-$5M 3) - Bought between $250K-$500K worth of Nvidia stock Amazon $AMZN: Purchased 50 call options with a strike price of $150 and an expiration date of 1/16/26 for between $250K-$500K Google $GOOGL: Purchased 50 call options with a strike price of $150 and an expiration date of 1/16/26 for between $250K-$500K Apple $AAPL: Sold 31,600 shares for between $5M to $25M Palo Alto $PANW: Exercised 140 call options purchased 2/12/24 & 2/21/24 (14,000 shares) at a strike price of $100 with an expiration for 12/20/24 for between $1M-$5M Tempus AI $TEM: Purchased 50 call options with a strike price of $20 and an expiration date of 1/16/26 for between $50K-$100K Vistra Corp $VST: Purchased 50 call options with a strike price of $50 and an expiration date of 1/16/26 for between $500K-$1M source :evan, nasdaq
This is also why US dominance and exceptionalism is here to stay...
Computing power is the new gold and almost 50% of the world’s data centers are in the us. Source: Visual Capitalist
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