Good Tuesday morning. Since the election, it’s safe to say that the US is going through a “metamorphosis”, both politically and economically. Trumps way of doing things is much different than our previous State-backed rulers. Heck, it’s even different than 2016 Trump. This Trump is even more grounded in his "America First" beliefs, he’s surrounded by "always Trumpers" and he’s moving forward unapologetically.

DOGE is in the process of downsizing the government... that comes with a certain level of economic risk. Kash Patel and now Dan Bongino (the new Deputy director of the FBI), appear on the verge of cleaning up our Deep State...which comes with it’s own set of potential black swan risks, as Tyler covered in his podcast yesterday. Bottom line, these changes have the potential to be revolutionary, and the markets are paying attention to them. It often takes the market a while to process change like this, but rest assured, as the single best discounting mechanism on the planet, the ...