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JP Morgan forecasts that the Fed will continue to run down their balance sheet for another two years

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7/ The GEC does great work to protect America. I have supported it no matter who was President (note that the report Musk complains about was released by the Trump GEC when it was led by a former Fox News analyst). We shouldn't let the GEC get dragged into the conspiracy muck.

3/ Most importantly, Musk seems to claim that the GEC made claims about him personally. I can find no evidence that this is true, and the long @mtaibbi  thread he links to doesn't make that claim either.

Fed says more interest rates rise needed to cool inflation

Clarida calling for two more interest rate hikes at consecutive Fed meetings & then a rate cut(s) at end of year… #wth  No more Fed speakers please.. 😏

Clarida calling for two more hikes at consecutive Fed meetings & then a rate cut(s) at end of year… #wth  No more Fed speakers please.. 😏

#Fed Still Looks For Disinflation Despite Jobs Shock

I'll have my full update on the Fed & Powell's interview at the Economic Club of Washington, DC. It's not that much different from the FOMC release, but there are some subtle and important differences I picked up on and will share with subscribers.

"We do think we've seen peak #inflation ," says Fmr. Fed Vice Chair Richard Clarida. Adding, he thinks we'll see two more rate hikes this year. #fed  #Powell 

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If the Fed raises rates again next week, the recession will be greatly amplified

A furious, emotional and fed up Steve Kerr pleaded with senators to do something about the mass shootings.

Elon Musk: - Bans violent accounts on Twitter - Bans child pornogrophy on Twitter - Bans sex trafficking on Twitter - Bans domestic terrorism on Twitter - Bans real-time doxxing of locations on Twitter (due to threats against children) Media: - Elon is making Twitter unsafe!

My son, who is a software engineer, just told me that people who know software just had their Elon Musk realization.

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At risk of stating obvious, beware of debt in turbulent macroeconomic conditions, especially when Fed keeps raising rates

BREAKING: Elon Musk has fired Vijaya Gadde, head of legal policy, trust & safety, who made the decision to permanently suspend Donald Trump.

Elon Musk doesn't come to me for advice on how to fail to buy Twitter, and I don't go to him for film, TV or literature criticism.

Zuckerberg owns Facebook, Instagram, and WhatsApp. Jeff Bezos owns the Washington Post. Elon Musk owns Twitter. When multi-billionaires take control of our most vital platforms for communication, it’s not a win for free speech. It’s a win for oligarchy.

Every time Elon Musk pokes fun at government assistance for the 99%, remember that he would be worth nothing without $4.9 billion in corporate welfare. Oh, Elon just l-o-v-e-s corporate socialism for himself, rugged capitalism for everyone else.

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Yes. Trump's not alone. Federal income taxes paid by corporations a year after his tax plan was signed into law: $0: Amazon $0: GM $0: Netflix $0: Chevron $0: FedEx $0: Eli Lilly $0: Starbucks Dr. King was right. We have socialism for the rich, rugged capitalism for the rest.

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