Trump executive orders… FDR was a close 2nd. Biden 3rd. Executive power is not new. Chart via Deutsche Bank

U.S. growth still set to outperform this year and next

Live from Milken conference today

Consumer confidence drops to lowest level in 3 years….It’s mostly Democrats. Via Ironsides Macro

Very sad that the great Stan Fischer has passed away today. A giant of global economics and the most classy, warm, generous and brilliant man. I feel so lucky I got to interview him many times and spend time with him.

One key reason perhaps the consumer is holding up so well despite the confidence ups and downs…

Congrats Tim Cook Lewis Hamilton Formula 1 the movie is so good!

Leaves 2 cuts in the forecast for this year according to dots. “For the time being, we are well positioned to wait to learn more about the likely course of the economy before considering any adjustments to our policies,” Powell said.

NYC real estate stocks react to Mamdani primary win

Tune in today Eric Adams

“Everything Mr. Mamdani is suggesting was already done by Hugo Chávez in Venezuela and Fidel Castro in Cuba. Both nationalized their food-distribution systems in the name of “equity” and “access.” What followed was poverty, rationing and hunger. Grocery-store shelves were

Despite the Moody’s downgrade, Jamie Dimon’s fiscal crisis warnings, CBO’s trillion dollar deficit scores and more - US government bonds are wrapping up their best first-half performance in 5 years.

Watch Treasury Secretary Scott Bessent on the growth impact of this bill + tariffs

This was must watch must listen Treasury Secretary Scott Bessent on the economic ramifications of the Big Beautiful Bill, what happens next with tariffs and jobs..

.Treasury Secretary Scott Bessent made the point in our interview that Vietnamese suppliers will pay the tariffs to preserve or grow their market share, so it doesn’t have to hit U.S. company margins or U.S. consumer prices

This was good. Tips for spotting bubbles and cautionary tales of optimism… Jeremy Grantham with Wilfred Frost

As Nike tries to turn around the biz, some good exposure today in the 2 big sports showcases, Wimbledon and the Club World Cup: Carlos Alcaraz vs. Jannik Sinner both in Nike and Paris Saint-Germain vs Chelsea FC, both in Nike at the Club World Cup $nke

According to a source, Fed Chair Powell has requested a more formal review of the costs of the renovation of the Fed from Michael Horowitz, the Fed’s new Inspector General.

On why we’re allowing China to buy Nvidia’s H20 chips…

Thank you David Sacks for addressing the Trump Musk feud and Elon Musk’s efforts to form a new party