TRUMP: WE ARE OPENING UP OUR COUNTRY
(@WalterBloomberg)
HASSETT: INFLATION OUTLOOK 'REALLY GOOD'
NEC Director Kevin Hassett told CNBC that inflation is trending positively, with recent CPI data coming in below expectations. He said momentum is moving toward the Fed’s target. On housing, the White House is exploring ways to make living costs more affordable.
(@WalterBloomberg)
HASSETT: LOOKING AT HOUSING, HOW TO MAKE PEOPLES' LIVES MORE AFFORDABLE
(@WalterBloomberg)
HASSETT: HAVE BEEN TOLD SOME ECONOMIC SURVEYS NOT COMPLETED
(@WalterBloomberg)
🚨 HASSETT: WILL BE BACK AT 3, 4 PCT GROWTH PACE BY EARLY NEXT YEAR -CNBC
(@WalterBloomberg)
*ITALY'S FTSE MIB SURPASSES 2007 PEAK, HITS HIGHEST SINCE 2001
(@WalterBloomberg)
*UK SUSPENDS SOME INTELLIGENCE SHARING WITH US: CNN
The UK has stopped sharing intelligence with the US on suspected drug-trafficking vessels in the Caribbean, citing concerns that recent US military strikes are illegal, sources told CNN.
Britain, which has long helped identify targets for US interdictions, suspended cooperation after the US began launching lethal attacks in September that have killed 76 people. Officials fear UK intelligence could be used to select strike targets, violating international law.
(@WalterBloomberg)
WELLS FARGO: TIME TO TAKE TECH PROFITS
Wells Fargo downgraded the tech sector to neutral, warning that sky-high valuations and bullish sentiment leave it vulnerable to disappointment. Tech stocks trade at over 46× earnings, far above the S&P 500’s 29×.
Strategist Douglas Beath advised investors to trim holdings after AI leaders like Nvidia and Palantir fell sharply last week on valuation concerns. Despite strong long-term prospects from AI growth, Beath said near-term risks and high expectations make it wise to lock in some gains.
(@WalterBloomberg)
$TSLA - TESLA PAY DEAL TIES MUSK’S REWARDS TO SHAREHOLDER GAINS
Elon Musk’s $1 trillion Tesla pay package eases concerns he might leave to pursue other ventures and strengthens his control of the company. Truist analysts say the plan aligns with shareholder interests, as Musk earns the award only if Tesla hits major market cap and performance goals—potentially boosting the share price by up to 384%.
(@WalterBloomberg)
PRESIDENTIAL SCHEDULE — TUESDAY, NOVEMBER 11, 2025 🇺🇸
• 9:00 AM — In-town pool call time, The White House
• 10:35 AM — The President departs The White House en route to Arlington National Cemetery
• 11:00 AM — The President participates in a Wreath-Laying Ceremony and delivers remarks at Arlington National Cemetery
• 12:15 PM — The President returns to The White House
(@WalterBloomberg)
BESSENT NOTES 'GIGANTIC DROP' IN MORTGAGE RATES
Bessent said mortgage rates have seen a “gigantic drop,” adding that the Trump administration inherited an affordability crisis and high prices. He told MSNBC that tariffs aren’t a tax on consumers, cited strong job growth from AI investments, and said the U.S. is profiting from its recent swap line with Argentina.
(@WalterBloomberg)
CHINA COMMERCE MINISTRY, ON U.S. PAUSING AFFILIATE RULE: TWO SIDES WILL CONTINUE DISCUSSION ABOUT ARRANGEMENT AFTER 1-YEAR PAUSE
(@WalterBloomberg)
$NVDA - NVIDIA SLIPS AS SOFTBANK SELLS $5.8B STAKE
Nvidia shares edged lower after SoftBank sold its entire $5.83 billion stake in the AI chipmaker. The sale, part of a broader asset monetization push, also included some T-Mobile shares.
SoftBank is shifting focus toward AI, leading major funding rounds in OpenAI despite growing investor concerns over high spending. Strong Vision Fund gains and the stake sales helped SoftBank’s quarterly profit more than double to ¥2.5 trillion ($16.3 billion).
(@WalterBloomberg)
U.S. LOST AVERAGE OF 11,250 PRIVATE-SECTOR JOBS IN FOUR WEEKS ENDED OCT. 25, ADP SAYS
(@WalterBloomberg)
*SENATE HAS ENOUGH VOTES TO PASS STOPGAP GOVERNMENT FUNDING BILL
(@WalterBloomberg)
TRUMP GIVES REMARKS AT VETERANS DAY CEREMONY
(@WalterBloomberg)
U.S. NATURAL GAS FUTURES UP NEARLY 5% TO $4.55 PER MMBTU
(@WalterBloomberg)
HASSETT: TRAJECTORY FOR INFLATION IS REALLY GOOD
(@WalterBloomberg)
TRUMP SAYS 50-YEAR MORTGAGES WOULD BE NO 'BIG DEAL'
President Trump dismissed 50-year mortgages as only slightly helpful, saying longer loans lower monthly payments but delay equity building. He blamed home affordability issues on Biden and the Fed. Critics argue such loans would extend the time it takes to fully own a home.
(@WalterBloomberg)
AIR TRAFFIC CONTROLLERS MISS SECOND FULL PAYCHECK
Air traffic controllers will miss their second full paycheck on Tuesday due to the ongoing shutdown. Many are struggling financially, with staffing shortages reported at 18 facilities.
Federal law requires back pay once the shutdown ends, though employees must wait until then to receive it.
(@WalterBloomberg)
U.S. AIRLINES CANCEL MORE THAN 1,000 FLIGHTS TUESDAY FOR FIFTH DAY AS GOVERNMENT REDUCTIONS REMAIN IN PLACE
(@WalterBloomberg)
*UK SUSPENDS SOME INTELLIGENCE SHARING WITH US: CNN
(@WalterBloomberg)
GOLDMAN SACHS: U.S. LIKELY LOST 50,000 JOBS IN OCTOBER
Goldman Sachs estimates U.S. nonfarm payrolls fell by about 50,000 in October—the largest drop since 2020. Its job-growth tracker slowed to 50,000 from 85,000 in September, with an additional 100,000 jobs cut due to the Trump administration’s deferred-resignation program. The bank noted rising layoffs and weaker labor market indicators. Payroll reports for September and October remain delayed by the government shutdown.
(@WalterBloomberg)
$NVDA - NVIDIA SHARES DOWN 1.9% AFTER SOFTBANK OFFLOADS REMAINDER OF ITS SHARES IN CO FOR $5.83 BLN
(@WalterBloomberg)
DOLLAR SLIPS AHEAD OF KEY U.S. DATA RELEASES
The dollar fell as lawmakers moved closer to ending the record-long government shutdown and data showed further labor market cooling. ADP estimated U.S. private employers cut about 11,000 jobs a week through Oct. 25. The Dollar Index slipped 0.2%, with the greenback down 0.7% vs. the franc, 0.4% vs. the euro, and 0.3% vs. the yen. Bond markets were closed for Veterans Day.
(@WalterBloomberg)
CHINA WILLING TO WORK WITH US FOR STABLE GLOBAL SUPPLY CHAIN
(@WalterBloomberg)
$TSLA - TRUIST REITERATES HOLD ON TESLA, $406 TARGET
Truist Securities’ analyst William Stein reaffirmed a Hold rating and $406 price target on Tesla. He said shareholder approval of Elon Musk’s pay package removes a key risk of Musk leaving, but noted Tesla’s “physical AI” projects—FSD, robotaxis, and Optimus—remain unproven with little revenue.
(@WalterBloomberg)
ADP: LATEST FOUR-WEEK DATA SUGGEST LABOR MARKET STRUGGLED TO PRODUCE JOBS CONSISTENTLY DURING 2ND HALF OF OCTOBER
(@WalterBloomberg)
U.S. SENATE APPROVES BILL TO END GOVERNMENT SHUTDOWN, SENDING IT TO HOUSE
(@WalterBloomberg)
MAJORITY OF U.S. SENATE VOTES TO PASS LEGISLATION REOPENING FEDERAL GOVERNMENT; VOTING CONTINUES
(@WalterBloomberg)
