NY Fed President John Williams says you can take the summer off:...

NY Fed President John Williams says you can take the summer off: "It's not going to be that in June, we're going to understand what's happening, or July." "It's going to be a process of collecting data, getting a better picture, and watching those things develop."

https://x.com/NickTimiraos/status/1924494483825017231

JPMorgan, $JPM, CEO Jamie Dimon says markets are too complacent on tariffs, expects S&P 500 earnings growth to collapse
https://x.com/unusual_whales/status/1924549777779523659

Bulls bought the Moody's dip with both hands. Time will tell if that was a wise decision. As a measure of breadth we can see that in the 2022 bear market, small caps broke above the 50 week moving average on each rally. This time, they are languishing below it.
https://x.com/SuburbanDrone/status/1924581663029219728

After-tax income under the Trump/GOP budget:
-People making less than $17/k year: LOSE $1000
-People making between $17k and $51k/yr: LOSE $700
-People making over $4.3M/year: GAIN $389,000
This is what class warfare looks like.
https://x.com/RBReich/status/1924238873867026463