šŸ“ˆ Bitcoin Breaks Records

Markets are on edge after Trump’s new tariff threats, despite just hitting new highs. Bitcoin crushed short-sellers with fresh all-time highs, and Nvidia’s CEO is chasing down Buffett on the rich list. Plus: why some investors are turning to private equity, dumbbell strategies, and even rethinking financial independence altogether.

Good Morning!

Markets are on edge after Trump’s new tariff threats, despite just hitting new highs. Bitcoin crushed short-sellers with fresh all-time highs, and Nvidia’s CEO is chasing down Buffett on the rich list. Plus: why some investors are turning to private equity, dumbbell strategies, and even rethinking financial independence altogether.

Grab your Iced Latte and let’s get into it. ā˜•ļø šŸ‘‡ļø 

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Market News

šŸ“‰ Stock futures fall after Trump threatens 35% Canada tariff, higher blanket rates
US stock futures slipped Thursday night after former President Trump threatened Canada with a 35% tariff, sending jitters through the market. S&P 500 and Nasdaq futures dropped 0.6%, while Dow futures fell 0.5% after all three indexes touched new highs earlier in the day.

Trump’s post on Truth Social unveiled a letter to Canadian PM Mark Carney warning of steep duties starting August. He also floated 15–20% blanket tariffs in an NBC interview, escalating from the current 10%. Despite the noise, investors had largely brushed off earlier tariff threats, until now.

šŸ’Š Trump’s 200% tariff threat leaves pharma firms scrambling
Trump’s proposed 200% tariff on pharmaceuticals has the industry on edge, with fears it could skyrocket drug prices and gut corporate margins. While the levies may come with a one-year grace period, analysts warn the damage could be severe even with a delay. Barclays flagged supply chain disruptions and drug shortages, while UBS sees a "significant negative impact" on offshore manufacturing. Patients could be hit hardest, experts say, with price hikes nearing $51 billion if even a 25% tariff kicks in.

šŸ“ˆ Bitcoin hits new highs and liquidates 1b in shorts
Bitcoin short-sellers took a $1 billion beating Thursday, as BTC blew past $116,500, crushing 232,000+ traders in just 24 hours. Roughly $570M in BTC shorts and $206M in Ether positions were liquidated, according to CoinGlass, as crypto bulls steamrolled past resistance levels. It’s been a great year for Crypto holders.

šŸ’°ļø Nvidia’s Meteoric Rise Has Made Jensen Huang Almost as Rich as Warren Buffett
Jensen Huang is closing in on Warren Buffett, as Nvidia’s stock surge pushes the AI titan to a record $4 trillion market cap. With a $142B net worth, Huang is now just $2B shy of overtaking the ā€œOracle of Omahaā€ on Bloomberg’s Billionaires Index.

Nvidia shares soared to $164, climbing 21% in 2025 alone, and a jaw-dropping 1,400% over the last 5 years. Huang, who owns 3.5% of the company, gained $2.47B in a single day on Wednesday.

Invest & Strategies

🤯 How the super rich invest
Private equity has long been the ā€œbest party in town you never get invited to,ā€ reserved for the ultra-wealthy. For decades, it’s quietly outperformed public markets, but stayed off-limits to everyday investors without tens of millions to commit. Now, that’s starting to change, and regular investors are finally getting a peek behind the velvet rope.

šŸ‹ļø The Dumbbell Investing Strategy: Balancing Risk and Safety
The Dumbbell Investing Strategy is back on the table for 2025, according to Financial Samurai, and for good reason. With markets navigating tariffs, lofty valuations, and AI-fueled hype, he’s splitting his bets: half in high-risk, high-reward plays, half in ultra-safe assets. It’s not about being bearis, —it’s about being smart when things get murky. The March–April tariff dip? A 20%+ rebound followed. Miss that, and you miss the upside. This strategy helps you stay invested without going all-in during uncertainty, but risk tolerances should vary depending on age and circumstances.

šŸ¤” Why Financial Independence is Overrated
Financial independence sounds like the dream, but Nick says it might be overrated. Chasing it too hard can backfire, leading to burnout, stress, and a life overly focused on money. Nick’s been there, skipping dinners, cutting every cost, sacrificing the present for a future number. But now? He sees a better path: slowing down, living more, and finding balance instead of obsessing over FI at all costs. Financial freedom matters, but the way you get there matters more.

Best of Twitter

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