🚨US Q1 REAL GDP CONTRACTED AT AN ANNUALIZED RATE OF -0.3%, MARKING THE LOWEST READING SINCE Q2 2022 [BTFD]
🚨KALSHI NOW SHOWS A 74% CHANCE OF A U.S. RECESSION THIS YEAR, SPIKING AFTER THIS MORNING’S SURPRISE GDP PRINT
NVIDIA CEO Huang: I'm certain we can manufacture chips onshore with the resources of our country
Navarro: trade talks are moving swiftly, with behind-the-scenes negotiations, especially with China, kept quiet for effectiveness.
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Trump: Major new spending bill in development could surpass tariffs in economic impact. Calls it a "big beautiful bill."
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Ripple offered to acquire Circle’s USDC stablecoin for $5 billion. Circle is said to have rejected the bid as too low.
🚨For the first time ever, the Treasury Borrowing Advisory Committee discussed stablecoins as a "new payment mechanism" and a potentially huge source of demand for US T-Bills.
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