
Yields Going South: Is This Kitchen on Fire?
Right listen up you donkey! The U.S. Treasury yields are dropping faster than my soufflé on a bloody Monday morning. The benchmark yield is down 2 basis points to 4.257% and the 30 year yield? Forget about it down 3 basis points to 4.814%. What is this amateur hour? The only thing dropping faster is my patience with these numpties in Washington!
Trump's 'Big Beautiful Bill': More Like a Big Bloated Mess!
So Trump's 'big beautiful bill' – more like a big bloody mess if you ask me – is causing a right kerfuffle. It's passed a procedural hurdle but get this: it could add $3.9 TRILLION to the national debt! Are you taking the p*ss? That's not a bill; that's a bloody IOU to the devil himself! It's like ordering a wellington and getting a bowl of slop!
July 4th Deadline: Pressure Cooker's About to Explode!
Trump wants this thing passed before Independence Day. Independence Day my arse! It's more like Dependence Day – dependent on screwing up the future that is! The White House says failing to pass this is the 'ultimate betrayal.' Betrayal? The only betrayal here is to the future generations who will be stuck paying for this financial fiasco! This is why I hate politics what an absolute joke!
Canada's Cheeky Tax: Trade War on the Menu?
And then there's Canada the cheeky buggers! They decided to slap a digital services tax on American firms. Trump threatens to 'terminate ALL discussions on Trade.' Terminate? More like incinerate! Luckily they backed down faster than I can shout 'idiot sandwich.' Common sense prevails but only just! They did it in the knick of time... nearly!
China's Trade Framework: Finally Some Decent Cooking?
At least there's some good news with the U.S. and China finalizing a trade framework. Finally someone's cooking with gas! But don't get too excited; it's probably just a fancy garnish on a plate of mediocrity. Trade tensions just brilliant!
Economic Data: Will the Numbers be Rotten?
Monday's quiet but Tuesday we've got ISM Manufacturing PMI and JOLTs job openings and Thursday non farm payrolls. All these numbers will tell you if this country is swimming in the sea of success or drowning in a plate of garbage. I will be watching closely. God help us all if these numbers are s***.
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