#ReformUK want to try the Trump playbook... but without the size and power of the US market... let's try to guess how that will play out 🥴 #Isolationism: as if an 8% drop in GDP caused by #Brexit wasn't enough.
David Pickworth
@davidpickworth.bsky.social
Investment Banker (financial engineer)/unashamed financial migrant. Semi-reformed 2-wheel hooligan. Slave to a French Bulldog mistress. (Probably) High functioning alcoholic. 50%🏴50%🇩🇪 hybrid.
Project 2025 going exactly as intended. #Trump2.0 is all about wealth transfer and the turkeys will still vote for it…
NEW: Americans in nearly every income group are paying more under President Trump's second term in 2026. The overall impact of inflationary policies, OBBBA's top-heavy tax cuts, and expiring health care tax credits have left savings only for the wealthiest Americans.
I asked SI (sic) how the markets were performing. Apparently the S&P reached a new all-time peak 👏 But then I asked some awkward questions... It seems that it's all driven by the 'SI Bubble' and if you strip out those companies everything else is going down the toilet.
#Brazil #LulavBolsonaro Hey Brazilians, have you considered that investors are backing Bolsonaro because they see he will benefit them (more profit/less tax) at the expense of working people?
Here's a little reality check for the "oil is flowing feely out of the Strait of Hormuz/America" MAGA cultists to chew on...
Scrolling experience on # BlueSky is pretty jerky today… good job I’m not epileptic…
#JapaneseGP #MotoGP Friday evening #Michelin telling the riders that they believe the soft tyre can do full race distance on Sunday (24 laps). Post sprint, it’s clear that they couldn’t make 12 laps. 🤭
I asked Google about vessels numbers in the Strait of Hormuz… “Thousands of ships…” But then you click on one of the links it provided. Tanker transit in the last 7 days… pretty close to ZERO. Now that’s superintelligence (SI) 🤡
In an attempt to garner more support from Alaskan voters, Trump (via his proxy, Nutlick) tells them he's got $200bn of investment for an Alaskan pipeline from South Korea. Of course, it's total bull💩 but the positive spin it generates will gain a few extra votes for a lame duck candidate.
“.. Seoul had expressed its regret to US Commerce Secretary Howard Lutnick ‘that what was reported today went beyond what had been agreed,’ he said.” @bloomberg.com www.bloomberg.com/news/article...
I wonder how Scott 'I am the house' Bessent thinks his market interventions are going? Please put an X on the graph to show the point at which he made his foolish, hubristic... some would say moronic... pronouncement.
Donald J Trump In the SI context, his new slogan should be; *Keine Arbeit macht frei*
Growth in the #NASDAQ100 v rise in US debt (both since 2000). Corporate tax receipts are now less than 10% of GDP. The Big Beautiful Bill will cut federal tax receipts and the forever war with Iran will increase government spending on defence. Borrowings will continue to grow exponentially.
Trump's constant whining about how the EU have been ripping off the US over trade is just the usual Trump 🐄💩... They always talk about goods trade isolation... but add in the services trade and it's all pretty even.
The US administration has already sold more than $13bn of Venezuelan oil and only $400m has been passed onto Venezuela by OFAC. That is state piracy. Now they're taking control of $4bn worth of Venezuelan gold (moving it from London to NY). Hey Germany... time to take your $170 bn of gold back!
Q: Why do the US have near daily press 'gaggles'? A: Because #Trump is a narcissist and needs a daily dose of adulation to feed his insatiable need to be 'admired'. He's not 6'3", doesn't weigh 200 lbs, didn't get into Wharton on his own merit, doesn't have bone-spurs... he's a fat orange wanker.
Sit down Donnie, you don't hold the cards, they do. 🤡🤡🤡
Hey @matoxley.bsky.social In the podcast you said that the Ducatis will be back to normal in Montegi because they won't be using the hard carcass rear tyre there. I'd agree with that statement, but can you explain why this tyre didn't work at the RBR this year but it did every other year? 🤷♂️
This photograph shows that #ScottBessent knows as much about tailoring as he does about the bond market... What say you @dieworkwear.bsky.social
Simultaneously asking Ukraine to stop attacking Russian oil/gas infrastructure whilst threatening tariffs on those who do buy it... I'm sensing a cognitive dissonance here.
Do you think that spending so much time with Trump makes his facial expression permanently look like he‘s smelling shit?
Ben Meiselas does an impression of Jared Kushner
Strong Weekend at Bernie's vibe in this video.
When the edible hits and you’re at the Taco Bell drive thru.
I've listened to all the usual MotoGP podcasts predicting that the 2027 World Championship is pretty much a done deal... another great Marc Marquez triumph over adversity. I'm not so sure... I'd explain my reasoning but the MM93 'lickers' would just pile in so it's probably not worth the effort.