Who is Donald Trump?

Ed Yardeni on the new Fed chair's rate posture, undercutting Trump's expectation of cuts.

“He doesn't sound like he's ready to lower interest rates. Quite the opposite. He's talking about possibly raising interest rates.”

The US supported the yen not out of goodwill but because Japan holds a trillion dollars of US government debt and a weakening yen risked a fire sale of that debt.

“We weren't doing it out of friendship as President Trump suggested. We're doing it because the Japanese hold a trillion dollars worth of government debt and if the yen continues to continue to weaken, we were afraid that the Japanese would have to sell their dollar debt and buy yen to support it.”

After US and Israeli strikes in June, Iran stopped enriching uranium for the first time in approximately two decades.

“If President Trump had walked away at that point in time, he could have in fact pointed to a significant accomplishment, which was for the first time in about two decades, the Iranians weren't enriching uranium.”

Tzeporah Berman on geopolitical fossil fuel dependency shifting from Russia to the US.

“We went from being dependent on Putin's gas to being dependent on Trump's gas. And now even the right in my country are saying that fossil fuel phase out is a national and energy security priority.”

Truth API: Trump Media's paid real-time licensed data feed of President Trump's most market-moving Truth Social posts, targeting trading firms.

“Truth API, the new application program interface is designed to give firms a direct licensed real-time feed of the platform's most market moving truths.”

Javier Blas on Trump repeatedly signaling an imminent Hormuz deal.

“President Trump has sold to the market that the deal was imminent about 40 times in the last 150 days.”

Jan Van Eck on Trump as the unlikely driver of European defense ETF demand.

“Trump is like sell you know he's our top salesperson for a defense ETF in Europe.”

A choke point in strategic competition has no value without the sustained political will to use it, illustrated by the erosion of US tariff and export-control leverage.

“You can have a choke point, but if you can't use it, if you can't find the political will to use it and to sustain it, then it's not worth very much.”

Donald Trump reported $1.43 billion in crypto-related income for fiscal year 2025.

“He reported $1.43 billion dollar of income.”

The Xi-Trump summit is framed as a stalemate, a de-escalated pause in long-term strategic competition rather than any resolution, with de-escalation itself serving as a competitive tool.

“I do think the way that I've been thinking about it really is this is a summit that is taking place during a stalemate. And it's a stalemate not an end to a protracted competition.”