Wall Street Titan hails Trump as the "most pro business president we have ever had"
Bill Ackman “Its been an incredible Presidency”
Hello Capitalists,
Here is everything you should be following today:
Ackman stuns CNBC hosts, “Its been an incredible Presidency”
Trump’s Rare Earth Nationalism is leading a mining boom
Companies pivot to rare earth prospecting as prices rise
India’s largest refinery just ran out of Silver
London’s silver markets are in shambles over buying frenzy
Counting the cost of Amazon’s Cataclysmic Cloud Crash
GM’s Q3 results are absolutely scorching
Today’s markets + assets:
✅ DOW: 47007.26 (⬆️ 0.64%)
✅ S&P: 6738.45 (⬆️ 0.05%)
🔴 NASDAQ: 22949.61 (⬇️ 1.47%)
⚠️🔴CBOE VIX Volatility Index: 17.89 (⬇️ 1.87%)
🔴 Gold: $4,123 (⬇️ 5.38%)
🔴 Silver: $51.455 (⬇️ 7.33%)
✅ Bitcoin: $112617 (⬆️ 3.21%)
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Ackman credits tax cuts, infrastructure boosts and tariff tweaks for fueling Trump’s economic wins
Billionaire investor Bill Ackman hailed President Donald Trump as the most pro-business leader in U.S. history during a Tuesday CNBC interview, crediting tax cuts, infrastructure boosts and tariff tweaks for fueling economic wins amid declining geopolitical risks.
Ackman’s Tariff Triumph: Ackman voiced initial worries over Trump’s April tariff rollout but praised the president for pausing it after his input, averting deeper market shocks and showcasing responsive policy-making.
Fed Fuels Growth: Trump’s influence has kept the Federal Reserve accommodative with interest rate cuts, Ackman noted, creating a low-rate environment that supercharges corporate investments and expansions.
Geopolitics Eases Up: Market risks from global tensions have notably dropped under Trump, though Ackman lamented strained U.S.-China ties, signaling cautious optimism for stable trade horizons.
NYC Socialism Slam: Urging CEOs to rally early votes against Democratic mayoral nominee Zohran Mamdani, Ackman decried his “wrong” socialist fixes for city woes, fearing harm to Wall Street’s dominance.
In Partnership With Heal-N-Soothe
Remove this from your refrigerator right now!
Brace yourself... because you may end up throwing out a lot of the food in your fridge after you finish reading today’s email.
You see, Maryland physician Dr. Brian Paris says many so-called “health foods” are actually the cause of sore, stiff joints that make you feel miserable.
“If you’re in constant, chronic, excruciating agony and don’t feel well, it has to do with what you’re eating... and just as important... what you’re not eating but should eat,” says Dr. Paris.
Dr. Paris found certain foods marketed as being healthy...actually contain a toxic nutrient your immune system sees as the enemy. So, every time you take a bite of one of these foods... your immune system unleashes its “army” to attack this nutrient.
And since this nutrient enters your bloodstream once it’s digested... your immune system starts attacking even healthy tissue and organs... causing burning in your joints and muscles.
Dr. Paris explains, “Most of my patients assume their joint issues are a normal part of the aging process. They have no idea eating the wrong foods can cause joint problems.”
The good news is... this problem is EASY to fix.
“You don’t have to completely change your diet. Just eliminating these 5 foods from your diet - including a certain kind of vegetable - will do wonders to your life,” he says.
In his entire 20-year career as a doctor, Dr. Paris has found eliminating these 5 foods to be the most powerful drug-free defense against joint problems. So far, he’s helped thousands of people at his private clinic... including some very famous celebrities and NFL athletes.
Now, he’s put his list of the 5 worst foods (and every other trick he’s learned in 20 years) into a free video available to the public..
So far, hundreds of thousands of Americans are feeling much better after following the advice in this video… which is probably why it’s going viral on Facebook. You can watch it for free for the rest of the day (and be sure to share with any friends or loved ones who might need to see this). Click the link below to start watching now:
⇒ The 5 WORST Foods For Your Joints (Cause Burning & Aching)
Rare Earth Roundup: Excitement builds as prospecting, trade deals and buying frenzy surge
In a bold strike amid escalating US-China trade tensions, Ohio-based steelmaker Cleveland-Cliffs unveiled plans Monday to explore rare earth mining at two sites, sparking a 20% stock surge and echoing the speculative thrill of crypto-era corporate pivots as investors bet on America’s push for mineral independence.
Geopolitical Spark Ignites: Beijing’s fresh restrictions on rare earth exports, coupled with White House tariff threats, exposed U.S. supply chain vulnerabilities, fueling urgent domestic mining pursuits.
CEO’s Strategic Vision: Lourenco Goncalves vows to mirror steel triumphs by securing critical minerals, positioning Cliffs as a key player in the national sovereignty counter play against foreign reliance on rare earth minerals .
Hype Echoes Blockchain Era: Mere pivot announcements (like Cleveland Cliffs) are driving wild market reactions, as rare earths promise tangible geopolitical leverage and future profits for US based miners
Wider Industry Ripple: Tech titans like Nvidia and Whirlpool have aligned their operations with trade war tactics, potentially unleashing a wave of U.S. miner investments and sector volatility.
In a bold move to counter China’s stranglehold on vital minerals, President Donald Trump and Australian Prime Minister Anthony Albanese signed a sweeping critical minerals agreement, unlocking an $8.5 billion pipeline of joint projects to secure U.S. supply chains amid escalating trade tensions to stem China’s advances.
Billion-Dollar Swift Funding Boost: Australia and the U.S. commit $1 billion over six months to launch immediately viable rare earths processing initiatives, accelerating diversification from Beijing’s dominance.
Strategic Ally Processing Power: Leveraging Australia’s rare earths expertise—one of the few non-Chinese processors in existence—the deal channels U.S. investments into Down Under facilities for enhanced global supply resilience.
Trilateral Venture with Japan: The deal expands cooperation via a U.S.-Australia-Japan joint venture, involving firms like Alcoa, to build interconnected processing networks and mitigate single-source risks created over the last 25 years.
Tariff Threats Escalate Tensions: Trump vows 100% duties on Chinese goods if needed, blending confrontation with diplomacy ahead of Xi Jinping summit, projecting a mineral abundance within a year.
India’s Giant Refinery’s Historic Dry-Out Ignites Global Frenzy
In a stunning first, India’s largest precious metals refinery, MMTC-Pamp, exhausted its silver stocks last week amid frenzied Diwali buying, sparking a worldwide shortage that shattered London’s trading hub and sent premiums soaring to unprecedented levels.
Diwali Frenzy Fuels Shortage: Unprecedented demand for silver jewelry during the Hindu festival, amplified by social media hype promoting it over gold, overwhelmed refineries nationwide.
London Vaults Drained Dry: A global crisis hit the pricing epicenter for Silver in London, with free-floating (available) silver plunging below 150 million ounces against 250 million in daily trades (demand), triggering a 200% increase annualized borrowing rates.
Persistent Supply Deficits Exposed: A cumulative 678 million ounce shortfall since 2021, driven by solar power production demand and ETF inflows, has eroded inventories from 1.1 billion ounces in 2021 to critical lows.
Market Rally Shows Resilience: Despite a 6% price drop on October 17, ongoing U.S. fiscal worries and inflation sustain bullish outlook for silver, with experts warning of prolonged volatility.
Bitcoin’s Epic Crash Boosts Gold
Bitcoin’s plunge of more than 14% in a single day on October 10th to $104,000 amid President Trump’s tariff threats on China, triggering $19 billion in crypto liquidations, as investors pivot to surging gold above $4,300 an ounce for safer haven bets.
Whale Bets Fuel Downward Spiral: A savvy trader’s $192 million short position profited big before the crash, followed by another bearish Sunday wager, intensifying selling pressure on volatile Bitcoin, derailing crypto’s “Uptober” rally hopes.
Derivatives Amplify Liquidity Crunch: Over $19 billion in leveraged futures liquidations dried up crypto markets, with platforms auto-closing trades to curb losses, at prices that have sparked lawsuit threats.
Optimistic Crypto Rebound Forecast: Despite setbacks, JPMorgan eyes $165,000 Bitcoin by year-end, while experts predict eventual capital rotation from gold’s central bank-backed surge back to digital assets.
The scale of Amazon’s Cloud Crash yesterday was truly cataclysmic
Amazon Web Services suffered a massive outage Monday in its US-East-1 region, knocking out over 70 services and crippling major sites like Disney+, Reddit, Robinhood and United Airlines for hours, stranding millions of users and delaying operations worldwide.
DynamoDB DNS failure sparks chaos: Core database and name resolution services in northern Virginia triggered widespread disruptions, not a cyberattack but a technical overload affecting AWS’s “record-keeper” for the internet.
Airlines and finance grind to halt: Travelers couldn’t check in at Delta and United; crypto traders were locked out of Coinbase, while Venmo payments and Robinhood trades froze amid peak business hours.
Amazon’s internal empire stalls too: Warehouse workers idled in break rooms, Flex drivers lost access to gigs, and third-party sellers battled offline tools, amplifying supply chain snarls.
Recovery exposes cloud fragility risks: Full restoration by evening left message backlogs; experts warn of over-reliance on AWS, Microsoft, and Google, echoing past global blackouts from single-provider failures.
GM roars back in Q3 with billion dollar earnings report
General Motors crushed third-quarter expectations Tuesday with $48.59 billion in revenue and $2.80 adjusted earnings per share, prompting executives to hike full-year profit forecasts amid easing tariff pressures and robust vehicle demand.
Beats Analyst Projections: GM surpassed Wall Street estimates across the board, delivering adjusted EBIT of $3.38 billion versus the forecasted $2.72 billion, fueled by strong sales momentum.
Absorbs EV Setbacks: GM incurred $1.6 billion in special charges from scaling back their all-electric vehicle plans, slashing net income 57% to $1.3 billion despite margin compression to 2.7%.
Eases Tariff Burdens: A projected 2025 tariff hit was slashed to $3.5 billion-$4.5 billion from prior $4 billion-$5 billion, vowing to offset 35% through strategic adjustments.
Boosts Cash Flow Targets: Elevated full-year automotive free cash flow guidance to $10 billion-$11 billion, signaling sustained financial health and investor confidence into 2026.
At least one wall streeter understand capitalism vs globalism
For sure Dems are just so freaking stupid I try to trigger them on a daily basis and it’s so fun when they give me a mens look and I point to the hellcat 9 Mil on my side 😂😂😂😂they turn and walk away quickly