Friday Watch

Around X:

• @elonmusk  

• TREASURY OFFICIAL ALLOWED FRAUDULENT PAYMENTS WORTH BILLIONS TO CONTINUE—TRUMP ADMINISTRATION REMOVES HIM. David Lebryk, a career Treasury Department official, was pushed out by the Trump administration. Lebryk oversaw over $1 billion in federal payments but allowed fraudulent transactions to proceed hundreds, if not thousands, of times—a blatant violation of the law. This is exactly the problem with the federal government: unelected bureaucrats making policy decisions against the will of the elected president. Billions of taxpayer dollars to known FRAUDULENT entities are STILL being APPROVED by Treasury. This needs to STOP NOW!
• No, really: if USAID was really saving lives, how come we haven’t seen impassioned speeches this week from 40-50 Prime Ministers & Presidents around the world that tens of thousands of their citizens are going to die? Why are they all so silent — and why do many seem relieved? Indeed.
• Amazing. (pic)

• @BasedMikeLee

• USAID: taking money from poor Americans to give to rich Marxists to plot in Davos, Switzerland—about how to take more money from poor Americans. Trust people. Be skeptical of government.

• @ChuckCallesto

• BREAKING NOW: Federal Judge LIMITS DOGE access to "sensitive" Treasury Department payment system records... WHAT ARE THEY HIDING? This is what panic from Democrat crooks and thieves looks like.

• @nicksortor  

• #BREAKING: Following President Trump’s Executive Order, the NCAA has officially BANNED men from women’s sports. MASSIVE WIN FOR GIRLS AND WOMEN ACROSS THE COUNTRY!

• @bennyjohnson

• This is the biggest scandal in news media history: No employee at Politico got paid yesterday. First time ever the company missed a pay period. This is a crisis. Now we learn Politico — a “news company” — which spent the last 10 years trying to destroy the MAGA Movement was being massively funded by USAID. Trump & Elon deleted their funding. Now Politico will go out of business. The corruption is endless. Good riddance. (pic)
  

• @BRICSInfo
  

• JUST IN:  Hungary Prime Minister Viktor Orbán issues statement on USAID corruption. "I think the world owes a debt of gratitude to President Trump for uncovering and putting an end to this dark conspiracy."

• @WallStreetApes

• Another Democrat lie exposed. “Illegal aliens in this country did not pay $95 billion in taxes, not even Federal and State combined”. - Federal expenditures was $66 billion. - Illegal aliens in this country only paid $16 billion. - They netted $50 billion in federal benefits. State and local expenditures: - They cost the taxpayers $115 billion. - They only paid in $15 billion to state and local tax. “So they are costing, the national total expenditure is $182 billion, and they're only paying into the system $31 billion. They cost our country $150.7 billion in 2023 alone. (video)
  

• @catturd2
  

• BREAKING: Did you know that Senator Lindsey Graham (R-SC), who defends USAID funding, is also a Director at the International Republican Institute? This organization received $130.7M from USAID! All the snakes are being exposed. 
• We paid Angelina Jolie 20 million for a photo op with Zelensky, Ben Stiller got 4 million. Your blood should be boiling.

• @MdBreathe

• 12 year old denied heart transplant for refusing mRNA shot…. And she’s related to
  @JDVance. (video)
  

• @Liz_Churchill10

• It started when Obama repealed the Smith Munct Act which legalized Propaganda. Reuters was paid $9M to implement Illegal ‘Social Engineering and Psychological Operations’ AGAINST the American Citizen with their own Tax Dollars. (video)

• @TheChiefNerd
  

• Autism spectrum disorder rates by country What do you notice? (map)
  

• @MarioNawful

• NYT LOSES MILLIONS IN GOVT FUNDING AFTER PAYMENTS EXPOSED. Data revealed the Times received over $46M in federal money since 2021, with HHS and NSF leading the charge at $26.9M and $19.1M respectively. Elon: "NYT is government-funded media".
• MIKE BENZ: USAID IMPLICATED IN WUHAN LAB FUNDING, AFGHAN HEROIN PRODUCTION, COVERT CUBAN TWITTER OP. “Some of the worst scandals in American statecraft involve USAID—funding the Wuhan lab, growing heroin in Afghanistan, irrigating poppy fields, and setting up a fake Twitter in Cuba. USAID’s own documents said the plan was to push sports and hurricane updates, then switch to anti-government content to spark riots. They even used HIV prevention clinics as cover for intelligence work to overthrow governments.” (video)
• EX-GOOGLE ENGINEER BUSTED FOR STEALING AI SECRETS—FOR CHINA! A former Google software engineer, Linwei Ding, has been charged with stealing AI trade secrets and allegedly funneling them to China. Ding, hired in 2019, secretly uploaded 1,000+ confidential Google files while working with Chinese tech firms—and even launched his own AI startup in China. Prosecutors say he stole supercomputing and chip design secrets to benefit the Chinese government.

• @TiffMoodNukes
  

• I don’t wanna hear another peep outta Democrats who are having petulant child tantrums over accountability. Their salaries are between $174K-$400K yet their net worths are in multitudes of millions. Audit them all, D.O.G.E. •Ilhan Omar net worth $83M •Chuck Schumer net worth $75M •Elizabeth Warren net worth $73M •Adam Schiff $60M •Jamie Raskin net worth $20M •Hakeem Jeffries $17M •Cory Booker net worth $14M •Jasmine Crockett net worth $10M.

• @VigilantNews

• NEW: Bill Gates tells Jimmy Fallon that we won’t need humans for “most things” with the new age of artificial intelligence. Hardly surprising from the man who says there are too many people on the planet. FALLON: “Will we still need humans?” GATES: “Not for most things.” FALLON: “Really?” (video)
  

• @KariLake

• We're finding out the fake news is brought to you by the United States government and our tax dollars. I think Washington D.C. is a crime scene right now with what they're uncovering. (video)

• @MarcNixon24

• BREAKING: America’s new Secretary of Energy just exposed the entire climate scam. “Media & politicians NEVER bothered to actually learn about climate change.” $2 TRILLION to lower fossil fuel use by 2%. They’re not saving the planet—they’re robbing YOU. (video)

• @ChemChasers

• THIS IS HUGE !! After initially being blocked, the DOGE has gained full access to NOAA’s IT systems. NOAA is responsible for weather data, monitoring, research, climate change and tracking extreme events like hurricanes and tornadoes. They are very likely a primary suspect for Geoengineering and Weather Manipulation. Especially considering the lengths they went to keep DOGE out. What are you hiding boys?? (video)

• @Beard_Vet

• Sen Warnock and Sanders have officially accepted the challenge from Nicole Shanahan and voted no to RFKjr. Let’s Get it On, Warnock and Bernie. (video)

• @BGatesIsaPsycho

• “The strange fog is a back & a private lab recently tested the fog”. (video)

Night Trading 

• Asian equity indices are -.25% to +.75% on average.

• Asia Ex-Japan Investment Grade CDS Index 75.5 -1.25 basis points.

• China Sovereign CDS 56.25 -1.5 basis points.
  
• China Iron Ore Spot 106.8 USD/Metric Tonne +.8%

• Bloomberg Emerging Markets Currency Index 37.2 -.11%.
• Bloomberg Global Risk-On/Risk Off Index 72.3 +1.0%.
• Volatility Index(VIX) futures 17.5 +.09%.
• Euro Stoxx 50 futures -.35%.

• S&P 500 futures +.02%.

• NASDAQ 100 futures +.10%.  

Morning Preview Links

BOTTOM LINE: Asian indices are mostly higher, boosted by technology and financial shares in the region. I expect US stocks to open mixed and to rally into the afternoon, finishing modestly higher.  The Portfolio is 100% net long heading into the day.