The Nasdaq is almost at a new high, and the 20-day participation rate is still at 30. Thanks, Apple 😀

Isn't it true that today FIG and CRCL both dropped significantly together, just like they rebounded together yesterday? Goldman Sachs is definitely up to something. They are taking down those who love to copy IPOs.

What I want to discuss at two o'clock today: 1. Trump wants the Intel CEO to step down, based on the accusations from that congressman. The drop in stock prices indicates that the current CEO is doing the right things. Besides, haven't we seen Trump flip-flop enough? Let's wait and see; if the CEO really has to step down, we'll decide after seeing who the next one is. 2. Regarding the consumption growth rate of high-income groups in MCD that we talked about yesterday, many people believe this is a sign of recession. First of all, more than one company has already mentioned the issue of consumption downgrade, and it's not a recent situation. For example, Walmart and COSTCO have seen significant growth in their own brands. However, consumption downgrade does not equate to recession. Take Bank of America's consumption growth rate, which has gone from 5.5% to 5% to 4.5%. Consumption is indeed slowing down, but according to their CEO, this is called normalization. Therefore, the phenomenon of consumption downgrade has already existed and persisted for several quarters, indicating a slowdown in consumption growth, but it does not represent a recession signal.

Hi @AnnaEconomist , curious to hear your thoughts on recent spike of new entrants. If demand of labor does not come online, we could finally see Unemployment rate spiking?

Today's video discusses the MCD financial report: high-income groups at McDonald's continue to grow. Many people ask me if this indicates a downgrade in consumption. Actually, I haven't thought in that direction, because, for example, Walmart has been emphasizing that they are attracting more middle-income groups for at least two years now, yet the economy hasn't declined. At the same time, COSTCO, which represents relatively high consumption, is still very strong. So my understanding is that among the current consumer groups, low-income individuals are under significant pressure, middle-income is stable, and high-income is strong.

I have an idea, let's learn from @CryptoPainter_X and create a group for those who think I'm a Trump supporter and those who think I'm against Trump, and you can battle it out among yourselves, how about that? After all, the enemy of my enemy is my friend? 🤣

ANNA WONG has finally joined my team: Originally thought the first rate cut would be in December, now there's a small chance of a 50 basis point cut in September.

Trump is like a mafia; as long as you pay the protection fee, whether it's for a country, an individual, or a business, anything can be negotiated, and tariffs can be lowered just like that. The mafia has no principles; as long as the money is right, that's all that matters.

Apple 5%, flax 4%, Tete 4%, not commonly seen, the index looks average. When the East is not bright, the West shines, and when the West is bright, the East shines.

$app has moved from -20% to -5% after hours as I type, a battle between bulls and bears.