Tuesday, August 25

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Tech Google could triple TPU volumes by 2027, while doubling its debt Markets Bessent's former mentor says the bond plan rewards fiscal procrastination Economy California has six days to decide who pays for the next wildfire Markets Nvidia has fallen after four straight earnings reports, and it reports again tomorrow Economy Morgan Stanley puts the AI financing gap at $1.5 trillion, and nobody can see where it sits Crypto Washington can now sanction anyone in Iran's crypto sector Economy Germany grew 0.3 percent on exports, in the quarter before the tariffs Markets Japanese companies are hedging the yen five to ten years out Tech Google could triple TPU volumes by 2027, while doubling its debt Markets Bessent's former mentor says the bond plan rewards fiscal procrastination Economy California has six days to decide who pays for the next wildfire Markets Nvidia has fallen after four straight earnings reports, and it reports again tomorrow Economy Morgan Stanley puts the AI financing gap at $1.5 trillion, and nobody can see where it sits Crypto Washington can now sanction anyone in Iran's crypto sector Economy Germany grew 0.3 percent on exports, in the quarter before the tariffs Markets Japanese companies are hedging the yen five to ten years out

Topic: druckenmiller

The west front of the United States Capitol in Washington

Tuesday, 8/25, 12:37 PM

Bessent's former mentor says the bond plan rewards fiscal procrastination

"If the 30-year must trade at 5.5% to clear, that isn't a crisis.
It is an invoice," wrote Stanley Druckenmiller.
Citi's chief economist says Washington wants to spend 24 percent of GDP while taxing 17 to 18.

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