- Investing Journal
- Posts
- đ Elon Musk Attacks Trumpâs big beautiful bill
đ Elon Musk Attacks Trumpâs big beautiful bill
Musk attacks Trump's bill, Trump clashing with Xi over trade, and the OECD slashing growth forecasts. Plus: debt is ballooning, Saylorâs bitcoin blueprint is being copied left and right, and Ben Carlson explains why itâs finally a buyerâs market.
Good Morning & Happy Wednesday!
This morning weâve got Musk attacking Trump's bill, Trump clashing with Xi over trade, and the OECD slashing growth forecasts. Plus: debt is ballooning, Saylorâs bitcoin blueprint is being copied left and right, and Ben Carlson explains why itâs finally a buyerâs market.
Grab your Iced Latte and letâs get into it. đď¸
Markets
đ Trump says China's Xi is 'extremely hard to make a deal with'
Trump says cutting a deal with Xi is âextremely hard,â cooling hopes for progress in US-China trade talks. On Truth Social, he called Xi "VERY TOUGH," despite saying he likes him. China hit back, accusing the U.S. of breaching agreements and promising to defend its interests. The fragile truce, marked by recent tariff cuts, is shaky.
đĄ Elon Musk Attacks Trumpâs big beautiful bill
Elon Musk went scorched-earth on Trumpâs âbig, beautiful bill,â calling it a âdisgusting abominationâ packed with pork spending. His timing, mid-White House press briefing, caught Trumpâs camp off guard. Hereâs the 4 likely reasons behind the outburst.
đď¸ U.S. global growth outlooks slashed on tariff impacts
The OECD just dropped a gloomy forecast, slashing U.S. and global growth projections and blaming trade barriers and inflation risks.
U.S. growth now pegged at 1.6% for 2025, down from 2.2%.
Global GDP trimmed to 2.9%, with inflation still a major threat.
Tariffs, shaky confidence, and policy uncertainty are dragging down the outlook.
One hopeful note: A quick rollback of trade barriers could flip the script.
ÂŠď¸ Michael Saylorâs bitcoin imitators are multiplying
Michael Saylorâs bitcoin playbook is catching fire, and corporate America is taking notes. From GameStop to Trump-linked media firms, 80+ companies have now jumped on the âbitcoin standard,â using debt and equity to stack crypto on their balance sheets. Strategy (MSTR), Saylorâs firm, holds over 580,000 bitcoins worth $40B. and its stock has skyrocketed 2,900% since 2020. With public companies now holding 3.4% of all bitcoin, this trend shows no signs of slowing down.
đşđ¸ National Debt Tracker ($36,214,400,664,854.53)
The U.S. national debt just hit $36.2 trillion, and itâs only getting worse. Despite a $1.4 billion dip in one day, the long-term trend is grim. Economists warn that rising interest rates and ballooning health costs will push the debt to $54 trillion within a decade. Interest payments now outpace both Medicare and defense spending, a stark sign of how deep the hole is getting.
When a breach happens, will you be ready?
When responding to a security breach, you don't want scattered logins or outdated access lists. You need control â fast.
Proton Pass for Business gives admins centralized credential management for your whole organization, so you can act decisively when it matters most. Instantly revoke access to shared vaults, enforce new password policies, and audit usage in real time, all from one streamlined dashboard.
And with Dark Web Monitoring and Proton Sentinel, you can identify leaked credentials and potentially prevent hostile account takeover attempts before any damage can be done.
No more guessing who had access to what. No more scrambling to respond. Whether it's a breach, a phishing scare, or a compromised vendor, Proton Pass gives you the tools to respond with confidence.
Security incidents are inevitable, but with a plan and the right tools, you can avoid chaos.
Housing
In a new post, Ben Carlson breaks down whatâs quickly becoming a buyerâs market in the housing market.
After a pandemic-era surge, price cuts are everywhere as buyers hold out for better mortgage rates. Carlson suggests Floridaâs boom may have pulled demand forward, and what weâre seeing now is a correction.
But this isnât just regional. Redfin reports sellers now outnumber buyers by 33.7% nationwide, the widest gap since 2013. For the first time in years, buyers can negotiate, even throw in low-ball offers. The catch? Inventory is still tight, keeping things competitive despite the shift in power.
Quick Links
đ¤ DeepSeek may have used Googleâs Gemini to train its latest model.
đşđ¸ Trump pressures Senate to pass budget, crypto bills.
đ°ď¸ Whatâs the Best Withdrawal Strategy in Retirement?
đŞđş Several European auto supplier plants shut down after China's rare earth curbs.
đ§ You Canât Put a Price on Mental Freedom.
đ The Choices We Make To Achieve Financial Freedom Arenât For Everyone.
đŠ Germany's DAX climbs to fresh record high.
Best of Twitter
U.S. housing market now has 500,000 more home sellers than homebuyers
Thatâs the most homebuyers have outmatched home sellers in over a decade, according to Redfin
â Lance Lambert (@NewsLambert)
2:28 AM ⢠May 30, 2025
A million seconds ago was May 23rd
A billion seconds ago was 1993
A trillion seconds ago was 30,000 B.C.The US national debt is now rising by $1 Trillion every 180 days.
â Geiger Capital (@Geiger_Capital)
6:50 PM ⢠Jun 3, 2025
Our Recommendations:
đťď¸ MEXC - Where we find and trade Crypto with low fees.
đ TradingView - Software we use to chart stocks.
đ Trezor - Our favorite hardware wallet to keep our Crypto secure.
đŚ Kraken - Where we buy crypto with cash / withdraw profit to our bank.
Thanks for reading, if you enjoyed, tell your friends!
đ