A ‘Major Lawsuit’ For A ‘Major Loser’

14 thoughts on “A ‘Major Lawsuit’ For A ‘Major Loser’”

1. Only people benefitting from this are the lawyers; government suing its own public bodies.

2. You forgot to add Trump recommending that Goldman Sachs fire Hatzius and calling David Solomon a failed DJ….

   1. Yeah. I mean, I can’t — it’s hard to know how to satirize this anymore. It’s so unbelievably — surreally — juvenile that you just have to ignore him or else you’ll be spending all day editorializing around his social media feed.

      1. Incidentally, how many times did I warn earlier this year that it was just a matter of time before Trump started pressuring big bank CEOs to crack down on analysts and strategists? Let’s see how many of these guys who put their tax rate before their principles when it came time to vote in November will still be lovin’ Trump when he gets them fired.

         1. Is their obtuseness less than all the Trump voting Medicaid recipients who will lose coverage in time, or the Trump voters who’ve been DOGED, or car dealership owners whose profits are impacted by rising tariffs, or male Hispanics whose non-violent friends are deported, (perhaps to a dangerous prison somewhere they’ve never lived), or for that matter perhaps Home Builders or REIT owners and investors who may have to cope down the road with the administration losing long end rates?

         2. Thought about this too when i first saw the news. Sooner than i expected.

            Importantly: are there ways to stop or reverse all these while he controls military (and has support from militia groups), massive propaganda machines, congress, and courts? Absent surprising turns of events (which are plenty in history, i was told), answer seems to be “no” from logical reasoning.

            So pragmatically: what would be the near- to medium-term market implications of the authoritarian turn? In the long term, all go south; in the short term, though, structurally there are no viable alternatives to USD assets for many of the world’s largest asset allocators.

3. So, why should stonks crash if unemployment is zero, inflation is exactly 2%, the Fed returns to ZIRP and opens the easy money spigots, Treasury deploys YCC and foreign central banks keep buying US Treasuries? Why shouldn’t SPX hit 12000 by the mid terms? After all money and value are all just made up numbers Peter always pays Paul, and if enough people in charge of capital believe it all, isn’t that reality? A machine like that can go for awhile before the pistons seize up.

   1. Sounds likely, if people’s tendency (that’s often highlighted by H here) to deny what’s actually happening and move the “decency” threshold continues….

4. I’ve assumed all along that all the Fed names Trump and company trot out are designed to keep the media’s interest and serve as a smokescreen for the real plan. Trump wants a photogenic sycophant. Fox is loaded with such talent, though he could have someone in mind from the Heritage Foundation or somewhere else that most ppl have never heard of. Or maybe he appoints himself.

5. BLM? Powell? and now Goldman? Who cares in much of America? To quote Deam Wormer: zero.zero

   Versus “Dana White says UFC Fight Night at White House ‘going to happen'”

   The only question is how much it’ll cost me to bring our Dear Leader to the match.

6. https://www.theatlantic.com/ideas/archive/2025/07/hitler-attacked-central-banker/683545/

7. I guess we’re not going to talk about pedophilia and Jeffrey Epstein’s former associates any more.

8. Are the numbers in on the cost to “prepare” el presidente’s gifted 747 for service? Would be interesting to see the actual accounting of that farce.

9. Also just out of curiousity: If the economy is “soooo good”, what’ s the emergency (or “emergy”) again, which was used to justify the tariffs?