Trump Recieve Strong Crypto Support

CRYPTO
Trump Recieve Strong Crypto Support

In a recent Meet the Press interview, President Donald Trump gave conflicting answers about profiting from his memecoin, Official Trump (TRUMP), launched in January. When asked if he was earning from the token, Trump claimed, “I haven’t even looked,” though he acknowledged that doing a good job could boost assets he owns. The token peaked at $73.43 shortly after launch but has since dropped 85%, now trading around $11.35.

Despite claiming detachment, Trump-affiliated companies own 80% of the token’s billion-coin supply, with $454 million worth unlocked in April. The project has generated at least $350 million to date. Critics, including Republican senators, call Trump’s crypto involvement a conflict of interest, especially as he pledges to deregulate the sector. Still, Trump reiterated his support for crypto, calling it “very important” and warning China could dominate it. When asked if he'd donate any crypto profits, Trump replied, “I never thought of that.”

FINANCE
S&P 500 Streak

U.S. stock futures slipped slightly Sunday night, threatening the S&P 500’s longest winning streak in 20 years. Despite President Trump signaling openness to reducing tariffs on China, market sentiment weakened. Futures for the Dow fell 193 points (0.47%), S&P 500 dropped 0.52%, and Nasdaq eased 0.53%. On Friday, the S&P 500 posted a ninth straight gain, recovering losses from Trump’s earlier “Liberation Day” tariffs. While steep tariffs initially triggered a broad selloff, Trump has since hinted at upcoming trade deals and offered exemptions.

He told NBC’s Meet the Press that he’s willing to lower tariffs on China, which has retaliated in kind. Meanwhile, oil prices dropped 3.6% to $56.19 per barrel after OPEC+ announced another production boost. Analysts say Saudi Arabia aims to enforce quota discipline by tolerating lower prices. The 10-year Treasury yield edged down to 4.308% ahead of this week’s Fed meeting, where no rate changes are expected.

FINANCE
Buffett Prefers Stocks Over Real Estate

At Berkshire Hathaway’s annual shareholder meeting, Warren Buffett explained why he favors stocks over real estate, even during uncertain economic times. Buffett, known for his disciplined, value-driven investment style, said real estate deals are often too slow and complicated. Negotiations involve multiple parties and can drag on for months or years, making them less efficient than stock investments. “With stocks, if there’s a meeting of the minds on price, the deal is done instantly,” Buffett said.

In contrast, even after agreeing on terms in real estate, the real work often just begins. He acknowledged that real estate can offer value, but said that historically, stocks have been cheaper, more liquid, and filled with greater opportunities—especially in the U.S. He also noted that Charlie Munger, his late business partner, dabbled more in real estate but still preferred stocks overall. For Buffett, it’s simple: stocks offer speed, scale, and certainty—qualities he values deeply.

DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.