PPI (producers price index) that is to be released this morning would be another data point to assess how much inflation is or isn't building up upstream from the consumer.
The cult leader announcement that he'll be back at Tesla in a month did it (which is really no news given that his contract is limited to 130 days without congress approval).
Also Trump's comments about not having intentions to dismiss J. Powell + trying to save face on tariffs cave (which affected ES futures as a whole, not anything specific to Tesla).
And if you thought Bessent was the responsible adult, in two different occasions last year, he suggested that thanks to forward guidance, you could appoint a shadow Fed Chair and the markets will not listen to what Powell has to say anymore.
If you searched for "Arizona Trail southern terminus" you'll see what the terminus looks like today: a beautiful* monument shadowed by a half built useless wall that cost way more than the government spending to maintain some of the most beautiful trails in the world.
These cuts would not just put trail users (which aren't just hikers but also firefighters, hunters) in danger but also cause damage to national parks and national forests as trail users would have to find alternate routes that go off trail.
* It is, in my opinion, the most scenic terminus of all national scenic trails. The (half built) ugliness of the looming wall is an insult to the beauty of the American West.
