#TRUMP Don't rush to celebrate a $5,000 stimulus check—there’s no free lunch in macro markets.
Trump floated a $5,000 dividend per adult if the GOP takes Congress, carrying an estimated $1.2T+ price tag. Claiming tariffs will cover it is wishful thinking, and an executive order can't bypass Congress to print money anyway.
The real danger lies in the bond market: traders are already pricing in fiscal recklessness. The 30-year Treasury yield is pressing multi-year highs, Treasury buybacks barely scratched the surface, and a fresh long-bond auction hits right around CPI data. If long-term yields spike, liquidity gets drained across the board, leaving crypto and risk assets vulnerable.
#crypto #trading #macroeconomic #bitcoin
Trump floated a $5,000 dividend per adult if the GOP takes Congress, carrying an estimated $1.2T+ price tag. Claiming tariffs will cover it is wishful thinking, and an executive order can't bypass Congress to print money anyway.
The real danger lies in the bond market: traders are already pricing in fiscal recklessness. The 30-year Treasury yield is pressing multi-year highs, Treasury buybacks barely scratched the surface, and a fresh long-bond auction hits right around CPI data. If long-term yields spike, liquidity gets drained across the board, leaving crypto and risk assets vulnerable.
#crypto #trading #macroeconomic #bitcoin