There was a story 10 days ago that said this is the worst April for the stock market since the Great Depression. Fast-forward to today: The Nasdaq is up on the month of April. And I haven’t seen a story that says, “Stock market has biggest bounce-back ever.”     – Treasury Secretary Bessent, on X, 4/27/25 …if we were China, we might slow-roll the process from here.  Within 2-3 months, US store shelves will start to

If you don’t devalue the debt-to-GDP first drastically, quickly — because we’re on the clock now — you do run this risk of a sudden stop. And a sudden stop in the U.S. would look like S&P 500 down 20% in a month…initially 10-year Treasury yields would go down, for the first little part of that.  People would say, ‘See, it’s going to work!’ And then 10-year yields would start going up. And by the