Hospital Stocks Tanked Early Monday. Budget Bill Has Wall Street on Edge. Barrons. For example, Tenet Healthcare which remains up 24% YTD dropped nearly 6% yesterday. Also see https://lnkd.in/gxhzh_gR

Webinar — Lessons From A Career of Wins and Losses. This webinar is based on a second book in a series that we are working on. June 17th. The book is a labor of love. Message me to join no charge or  Register here.

Intel jumps nearly 8% as its new CEO keeps focusing the company back to chip dominance or at least serious improvement. https://lnkd.in/g2EJ2f5N There is a great lesson here for the company in really trying to understand it’s absolutely top priority. Gary Keller author of “The One Thing — The Surprisingly

Musk says he went too far in some Trump texts. I believe that the world’s most incredible inventor and thinker at scale of our generation is somewhat manic and is going to have days like that. I worked closely with a consultant back in the day who has that type

The IPO markets are reopening. Circle went public and has skyrocketed early on. The IPO markets opening is generally a good sign for the PE deal markets. See https://lnkd.in/gmdqbhRA.

The markets came close to reaching all-time highs yesterday as China US talks seemingly showed progress. The markets point down today on concerns that CPI is moving in the wrong directions, and the Fed will be holding its ground on rate cuts. For a great piece on the Federal Debt

“Trump, Tariffs, TACO, & Tesla with David Pivnick of McGuireWoods LLP Listen Here: https://lnkd.in/gChYp3r6 My most controversial tweet yesterday.  The new phrase TACO to describe the President is a concept used by pundits and political enemies to try and inspire the bull to do dumb things and to be derisive

Amazon is doubling down on testing robots to replace delivery workers. What a strange world we are moving towards.  https://lnkd.in/gjEj-K-P

Elon Musk has become a very outspoken critic of the Presidents tax bill and its impact on the national debt. We give Elon great credit for this. Debt destroys. Thank you Elon. Elon Musk on X, “I’m sorry, but I just can’t stand it anymore. This massive, outrageous, pork-filled Congressional

Tesla, after a good deal of recovery, has given back nearly 7% this week. It is down 17% year to date.  https://lnkd.in/g4dWtQXF

Blackstone, the nation’s largest PE fund and investor in alternative assets, is down nearly 20% year to date. The PE industry is struggling to exit deals and reap profits from sales. Fee income is going fine. See Insider Monkey “Blackstone vs BlackRock — Who Has the Edge?”  https://lnkd.in/gtsekN39 Blackstone is

New jobs created in the private sector fell in May to their lowest number in 2 years. The private sector added 37,000 jobs. Analysts had expected the economy to add 114,000 jobs. The number created was sharply down from May. Government hiring is not offsetting private sector hiring.  https://lnkd.in/g3nNVDub The

The stock market is back to slightly positive year to date. The S&P 500 is now up a little more than 1% year to date. The GDP showed slightly negative growth in the first quarter and is expected to slow to 1.6% to 2% this year.

Inflation is slowing considerably and is down per the CPI to 2.3% for the 12 months ended April 2025. Fed Chairman Powell is not moving too fast to reduce rates until the job market softens and slows and until inflation and his preferred inflation measure slows a bit more.

Federal deficit numbers remain high with no reduction in the near term. The CBO projects the current deficits for fiscal year 2025 at $1.9 trillion slightly up from 2024. This is 6.5% of GDP. The 2025 deficit should lead to around a total deficit of $38 trillion. The US will