Good Thursday morning. Breaking; this morning the House passed Trumps Big Beautiful Bill with just one R voting no (Massie). I don’t know anyone that likes the thought of adding $4-5 trillion to our debt but this bill is, without question, a pro-growth piece of legislation that will help to turbocharge the US economy. It must still pass in the senate and then come back for final passage but those odds look to be high.

Most every financial network looks to be repeating the same line’ “our debt to GDP of 122% will only grow from here". Just once I’d like to hear them report that the #2 and #3 largest economies (China, Japan) have debt to GDP of 250% to 300%. Perspective matters. And growing our way out of our debt problems makes far more sense than taxing our way out of them. And that’s what every Dem voted for today when they voted no; the largest tax increase in history. 

Interest Rate Scare 

I stepped away from the office for 30 minutes and came back to a stock market that lo...