The Bond Market is Too Big to Control

In this week's episode, we discuss why why Secretary Bessent's new proposals to help push Treasury yields lower is a sign that the budget deficit has now grown to a level where it is making it much more difficult for authorities to control those yields.....We also highlight how Chairman Warsh is unlikely going to hold investors' hands to the degree they'd like him to going forward.....On top of this, we also discuss the importance of NVDA's earnings for the broader stock market......We also discuss the breakout in the precious metals...and how it should continue, BUT that it could take a short-term breather soon.