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Inflation report Tuesday should provide clues on the impact tariffs are having on prices​

The consumer price index, due Tuesday at 8:30 a.m. ET, is expected to show an uptick in both headline and core readings, with the latter still well above the Federal Reserve’s target.

June’s inflation report will be looked at not so much for what the headline numbers show than what’s in the underlying data, especially whether tariffs are starting to have an impact.

The consumer price index, due Tuesday at 8:30 a.m. ET, is expected to show an uptick in both headline and core readings, with the latter still well above the Federal Reserve’s target.

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US Treasury Secretary Bessent on Inflation, Jerome Powell, Nvidia, Trade Deals​

Jul 15, 2025
US Treasury Secretary Scott Bessent discusses US inflation, getting the “formal process” underway to find a successor to Jerome Powell as Federal Reserve Chair, trade deals with China and the European Union, and whether market reaction impacts the Trump administration’s approach to tariffs and trade.


13:08
 

This Is a Debt Spiral by Design and Tariffs Will Accelerate the Breakdown | Lyn Alden​

Jul 16, 2025 #LynAlden #Bitcoin #Gold
The U.S. is running fiscal deficits over 7% of GDP. Interest payments are outpacing tax revenue. Bitcoin recently crossed $120,000. Gold is holding above $3,300. And now, Lyn Alden warns: this system wasn’t broken - it was designed this way.
In this Kitco News interview, Lyn Alden joins Jeremy Szafron to explain why U.S. deficits are structurally entrenched, how tariffs could accelerate the monetary breakdown, and why decentralized alternatives - from Bitcoin to stablecoins - are absorbing capital. Alden also breaks down the stealth CBDC risk in pending crypto legislation, the role of Tether in financing U.S. debt, and what this all means for portfolio strategy going forward.
Alden says fiscal dominance - not Fed policy - is now steering the macro environment, and warns that the bond bull market may be over for good


39:30

Key Topics:
-Structural U.S. deficits and interest expense spiral
-Tariff-driven inflation and distorted CPI/PPI data
-Is the Fed boxed in? Fiscal dominance and rate credibility
-Stealth CBDC threats hidden in stablecoin regulation
-Tether’s $84B in Treasuries: Liquidity help or hidden fragility?
-Bitcoin vs. gold: macro hedge strategy
-M2 correlation, ETF risk, and treasury-level ETH adoption
-How to build a portfolio for a debt-driven future
 

Dow adds 200 points, S&P 500 rises in volatile trading as Trump denies he’s firing Powell: Live updates​

Stocks went on a wild ride Wednesday as a White House official indicated to CNBC that President Donald Trump was moving closer to firing Jerome Powell as Federal Reserve chairman, initially knocking down the S&P 500. The benchmark rebounded as Trump later denied the report, but traders remained concerned he could follow through.

The S&P 500 added 0.32% and ended at at 6,263.70. The Nasdaq Composite gained 0.26%, settling at 20,730.49 and posting its ninth record close of the year. The Dow Jones Industrial Average added 231.49 points, or 0.53%, ending at 44,254.78. At its low of the session, the 30-stock index dropped 264.31 points, or 0.6%.

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Shares of gun seller GrabAGun — backed by Donald Trump Jr. — tank after NYSE trading debut​

  • Shares of online gun retailer GrabAGun began public trading on the New York Stock Exchange, and dropped sharply.
  • Donald Trump Jr., a board member, shareholder and advisor of GrabAGun, rang the opening bell for the NYSE to chants of “USA!” from the floor.
  • The company merged with Colombier Acquisition Corp. II, a SPAC led by Republican megadonor Omeed Malik.
Shares of the online firearms retailer GrabAGun — whose shareholders and board members include Donald Trump Jr. — tanked on their first day of trading on the New York Stock Exchange following a merger with a special purpose acquisition company.

GrabAGun’s stock price fell by more than 20% in trading in the hours after Trump Jr. rang the opening bell of the NYSE to cheers of “USA!” from the trading floor.

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