who will be the next treasury secretor of the United States of America the bond markets are tremoring on this and it comes down to candidate Gerald boss Howard lutnick Scott bessent uh on the left hand side kbass with Bloomberg this morning saying this man B and understands and has the respect of global Central Bankers plays 4D chess with a market understands geopolitics and understands the implementation of tariffs the spot on Twitter over the weekend from Elon Musk was that Howard lotnik would invoke much more aggressive implementation of tariff policy either way check out the bond market trajectory is very very clear we’re up 75 basis points uh since the jumbo rate C we’re up 20 basis points since the Trump ascendency who’s going to buy your bonds the Chinese aren’t queuing up the Japanese aren’t queuing up so you’ve got to have a very clear reason on who you’re going to sell your bonds to to the equity Market we saw a pretty brutal week last week D the worst week H since September we’ve given back 50% of the Trump bump after the election Nvidia Nvidia Nvidia Wednesday