Crazy to think about how Trump could’ve had one of the most successful and popular presidential terms in modern American history… and they completely punted it. He was elected by a historic coalition and was the first Republican to win the popular vote in decades because of two issues: inflation and illegal immigration. Inflation was already falling after the Covid and Biden era spending. All he had to do was close the border, conduct mass deportations, and let the economy/AI cook while pushing through deregulation. Instead, after explicitly running on ending foreign wars, he immediately started a war with Iran which has taken over the entire term. Inflation, energy prices and mortgage rates have all climbed and are heading in the wrong direction. His approval is at an all-time low. He sacrificed his own domestic agenda for a war in the Middle East alongside Israel. Republicans are now going to lose the House, possibly the Senate, and the next 2 years will be nothing but DC gridlock and investigations. The odds of handing America to the far-left in 2028 have also dramatically increased.

Fed hike = the Fed is trying to tighten financial conditions by giving more interest income to the upper leg of the "K" (Boomers) while simultaneously increasing US govt deficits (via higher interest expense). That's like screwing to try to get your virginity back.

🇪🇺BREAKING: ECB launches “Digital Euro” for banks as Pontes begins tokenized finance pilot. President of the European Central Bank, Christine Lagarde announces The ECB is launching Pontes today, a platform that will connect private blockchain networks with the TARGET system, allowing banks to settle tokenized assets directly in central bank money. “It's digital euro made available for banks,” the ECB says, allowing institutions to transact using tokenized assets and DLT “faster, without friction," she  adds. Pontes is the first step toward the ECB’s broader Appia ecosystem for tokenized financial markets, while consumer-facing digital euro testing is planned for mid-2027.