Chamaths in the Vigae saves the anti-smoking cruciate campaign as an incentive for bond disorders-Critics will never recognize “”
Since the US Treasury gives an increase alongside falling shares and weakening the dollar, the investor Chamath Palihapitiya He puts the blame directly on the media and the political institution.
What happened: On Wednesday, in a post on X, Palihapitiya said, while talking about the emerging revenues and renewable fluctuations in the bond markets amid a decrease in stock, “The bond market understands what happened and does not like it.”
“Prices are rising, and they may move now quickly,” he said, and while this comes in the period that reaches the death of the president Donald Trump A “large and beautiful bill”, which provides extensive tax break in the face of the escalating financial deficit, blames this for journalists and politicians.
See also: Trump is considered to take Fannie Mae, Freddy Mac General, calls the mortgage giants “very profitable”, says timing correctly
He says that the recent measures conducted on “Sideline Doge”, or the Ministry of Government efficiency, were short -sighted and political motives, and argued that those behind the batch are now facing “an uncomfortable new truth” with the high borrowing costs.
He said, “Many magazines themselves, politicians and the media who believed that they had” won “by trying to unite Daj Dog now will face an uncomfortable new fact in their personal financial lives and their components.” “They will realize after that, but they never admit that what they did was reckless.”
Palihapitiya installed this post with the phrase “cutting your nose despite your face”, describing this as a warning tale against a short vision in politics and public policy.
The Post Drew Swift a decline on X, with many prominent users who skeptical about the logic behind the blame on the media and journalists.
And among them was Seth AntilesThe total economy of the economy, which criticized the changing Paihapitiya novel. “Chamat, remember a few weeks ago when I said that the Trump team was publishing an economic slowdown to drop the yields of the bonds? I was wrong after that, and you are now wrong too,” said Antiles.
The range of domains adds that the Trump administration wasted valuable political capital on the definitions, when “their priority should be to reduce the deficit.”
Why do it matter: Several prominent experts have criticized Trump’s proposed budget budget bill.
This includes the investor Kevin OlieriWho expressed their concerns about part of the draft law that relate to small companies’ tax reviews, which warned that it would cause “chaos in assessments.”
Macro strategy Craig Shapiro He said that the proposed bill “will explode the deficit”, with the enrichment of those who are at the highest income segment, at the expense of those at the lowest level.
Economy expert at the University of Michigan Justin Wolfard It is referred to as the pure “Robin Hood”, adding that it is “stacked towards the upper end of the upper end of the upper end of the economic food chain.” The wolf players also warned that the budget structure could verify the validity of the recent US government bonds by Moody’s.
However, there are a few supporters of the bill, or parts of the bill, with a few supporters. This includes “the law of no tax on advice”, which was one of Trump’s main promises to the campaign, and obtained the support of the Senator. Ted Cruz (R-TEXAS), which was called “political genius”.
Price work: Treasury revenue in the United States, which has now been 30 years old, is 5.09 %, with 10 -year notes now achieved 4.59 %.
Compliment: Cathy Hatchens on Shutterstock.com
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