Friday Calls & Topics
The conversation covered various topics, including the stock market’s $30 trillion value and the bond market’s $50 trillion, with concerns about rising bond yields and the impact on Joe Sixpack’s portfolios. The discussion also highlighted the House Republicans’ narrow approval of their budget framework, emphasizing the need for $1.5 trillion in federal program cuts. Matt Gagnon criticized the spending aspects of the bill, comparing it to Biden’s infrastructure bill. The segment also touched on the Doge experiment’s failure, with Elon Musk aiming to cut $150 billion, and a caller’s concern about rising taxes in Portland.
