Day

June 5, 2025
This incredible spat between the world’s wealthiest man and Trump overshadowed the fact that stocks nosedived, once again, into the close. I fought like hell to keep us green and did achieve that, with +12bps of gains, crossed against a plunging SPY -0.52% and -0.83% for the QQQ.On the issue of Musk v Trump —...
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Headlines:*TRUMP: CALL WITH XI LASTED ABOUT 1.5 HOURS*TRUMP SAYS XI AND HIS TEAMS WILL BE MEETING SHORTLY, PLACE TBD*TRUMP: XI GRACIOUSLY INVITED THE FIRST LADY AND ME TO VISIT*TRUMP: WILL INFORM OF SCHEDULING OF THE SOON TO BE MEETINGMarkets appear to have liked those headlines; but it’s still about flat. All of this is secondary...
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