Andrew Lokenauth | TheFinanceNewsletter.com
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Donald Trump has gained more wealth in 18 months as president than during the last 60 years of his career. His l net worth has increased by l $4.2 billion since 2025 and is now at $7.8 billion, per to Bloomberg.
It’s absolutely wild that the U.S. prints trillions of dollars out of thin air, dilutes the value of every dollar you earn, and most people have no clue.
U.S. home prices are now above the peak of the 2006 housing bubble, adjusted for inflation. Since 2019, the average annual cost of owning a home has jumped 39%. Emergency repairs +175% Maintenance +85% Insurance +72% Interest +35% Property taxes +31%
32GB of RAM now costs as much as a MacBook Pro with 16GB of RAM
JUST IN: The 30-year US Treasury yield just surged to 5.18%, its highest level in 19 years. The last time it was this high was 2007, right before the financial crisis. Back then, the national debt was $8.4 trillion. Today it’s $39.4 trillion. Same interest rate. Almost 5 times the debt.
TRUMP coin is now down 98% from its peak. A $10,000 investment at the peak would be worth $204 today. Around 1 million wallets have now lost a combined $3.81 billion. Why would anyone invest in this??
I’m convinced much of America’s $39.5 trillion national debt came from corruption, fraud, and waste. Wasteful programs. Failed projects that burned billions. Trillions spent with little to show for it. American taxpayers have been robbed.
JUST IN: Trump Media to start selling Wall Street firms millisecond-speed access to President Trump’s social media posts on Aug 1. The paid feed lets you receive market-moving posts faster than regular notifications. Trump’s posts already move markets. Now Wall Street can pay him to get it faster.
JUST IN: A finance influencer was stabbed by a follower who lost money on his stock picks Police say the man invested based on the YouTuber’s videos & blamed him for major losses He’s now under arrest on suspicion of attempted murder after stabbing the influencer several times in the face & body
Today, IBM is down 26%, erasing $70 billion in market value, and is on pace for its worst trading day ever. Yesterday, Jim Cramer told viewers to buy IBM right now. He called $IBM “inexpensive” and said CEO Arvind Krishna was “doing a fantastic job.”
BREAKING: PRESIDENT TRUMP REFUSES TO SIGN BIPARTISAN HOUSING BILL The bill passed 85–5 in the Senate and 358–32 in the House. It would: • Restrict big investors from buying single-family homes • Speed up approvals so builders can build more homes • Create pilot programs for smaller mortgages
One of the biggest wealth transfers is happening right now. Free cash flow is moving away from companies building AI products and toward companies selling hardware.
You can now Venmo the US government to help pay down the $39.4 trillion debt. I wish I was joking.
This map shows the price of electricity across the US right now. Blue means power is cheap (sometimes below zero). Yellow means normal. Red means prices are spiking. This is the cost behind AI data centers, summer heat, and old infrastructure.
“If you had invested in Apple in 2007…” Me in 2007 instead of investing in $AAPL:
The Senate just passed a bipartisan housing bill, 85-5, to lower housing costs and restrict large institutional investors from buying single-family homes. The bill now heads to the House. If passed, it'll be one of the biggest federal housing reforms in decades.
JUST IN: The stock market is almost in “extreme fear.” The Fear & Greed Index just fell to 28. Yesterday: 34. One month ago: 58. AI stocks are selling off. Volatility is rising. Investors are running to safety. Market breadth is getting weaker. Fear is back.
This is why people feel broke even when they make more money.
Iran: Hormuz is closed. US: Hormuz is open. The stock market on Monday:
JUST IN: A record high 25.2 million young adults now live with their parents. That’s 1 in 3 Americans under 35.
They’re putting AI data centers in the ocean next. Panthalassa, a startup from Portland, just raised $140 MILLION in a round led by Peter Thiel.
We need to abolish the 5 day work week and normalize a 4 day work week.
For 14 years, the Fed told markets exactly where rates were headed. That ended today. The Fed will give investors fewer clues about future interest-rate decisions. Fed Chair Kevin Warsh says the Fed has dropped forward guidance.
10 years ago: A McChicken was $1 A dozen eggs were $1.50 A Chipotle burrito was $6.50 Netflix was $9 A full tank of gas was $35 Rent was $1,400 A used Honda was $10,000
Are you concerned about the inflation number that came out this morning? Trump: “I love the inflation.”
My grandparents bought their first home for the price of my groceries this year. That's the current economy.
Anthropic valuation: $965 billion Berkshire Hathaway valuation: $1 trillion Anthropic revenue: $47 billion Berkshire revenue: $371 billion Most of us know what happens next
NVIDIA doesn’t enter markets to compete. It enters to own them. They did it with gaming GPUs. They did it with data center AI. Now they’re entering the laptop market with the same playbook.
At some point... this bubble must burst.
JUST IN: The personal savings rate dropped to 2.6% (down from 5.5% a year ago). In 60 years, it’s only been this low twice: 1. COVID pandemic spending in 2021 2. Right before the 2008 Great Recession