Reading this made me think to post this chart I ran across just a little while ago. I can't verify the validity of the data, but it sure is interesting to see that the market gains expressed as a function of M2 money supply shows no growth in 100 years! And I guess the chart is trying to suggest a triple top perhaps???
U.S. Government to Take Cut of Nvidia and AMD A.I. Chip Sales to China In a highly unusual arrangement with President Trump, the companies are expected to kick 15 percent of what they make in China to the U.S. government. Gift link: https://www.nytimes.com/2025/08/10/...e_code=1.dU8.oLAq.hd3-FOHYXAt5&smid=url-share All very normal
Yes, RICO: https://en.wikipedia.org/wiki/Racketeer_Influenced_and_Corrupt_Organizations_Act Plus, I don't know, just the f***ing Constitution of the USA: Article I, Section 9, Clause 5: No Tax or Duty shall be laid on Articles exported from any State. Article 1, Section 9, Clause 5 of the U.S. Constitution prohibits Congress from laying taxes and duties on articles exported from any state. Known as the Export Clause, it applies to taxes and duties, not user fees. The Supreme Court has interpreted the Export Clause to address shipments only to foreign countries, not shipments to unincorporated territories, such as Puerto Rico and the Commonwealth of the Northern Mariana Islands. The Court has also construed the Export Clause as requiring not simply an omission of a tax upon the articles exported, but also a freedom from any tax which directly burdens the process of exporting.
taco can ban outright but he wants a cut. nvda sold $12b h20 last year, that’s 1.8b to taco racket, and no one is auditing.
You think waiting for tomorrow morning’s reports to come out? Seems like that’s gotta be it. Good = new all time highs Bad = start of a bigger pullback to 6100 area