I’m heading north for the school holidays—Uluru, Broome, then Exmouth. We try to get away every break; ring-fencing time with the family keeps life in balance.

"This massive, outrageous, pork-filled Congressional spending bill is a disgusting abomination."‍ That's Elon Musk on the passing of a Trump's "big beautiful bill", which could add anywhere between US$2.4 and US$5 trillion to the federal budget deficit over the next 10 years. Trump reckons better than expected economic growth will bring in more revenues. The data thus far however, is a mixed bag.

Robert Baharian from Longview Capital Partners views the recent Wall Street rally as a sign of a potential shift towards a bull market.

Robert Baharian from Longview Capital Partners observes that the market dynamics have been rapidly fluctuating.

Robert Baharian from Longview Capital Partners describes the current market turbulence as a severe downturn reminiscent of past global crises.

Just six months ago, The Economist ran a striking cover: a roll of $100 bills shaped like a rocket, blasting into space under the headline, “The Envy of the World.” It was mid-October. The mid-year growth scare had faded after a surprise 50-basis-point rate cut from the Fed. Markets surged—seemingly hitting new all-time highs by the day.