Trump-Musk Feud Distracts Public from Economic Gains

Despite a significant 4.7% GDP growth rate, public attention remains focused on the ongoing conflict between Donald Trump and Elon Musk. Dick Morris, former presidential advisor now working with Trump, highlights this missed opportunity for economic debate, arguing that this feud is diverting vital policy discussions. Morris points to the potential for a balanced budget, a point often overlooked amid the distraction. This coincides with U.S.-imposed tariffs that have been credited by Morris as driving economic growth. Morris suggests these trends could significantly impact future fiscal strategies. The potential shift in sentiment may benefit risk assets like Bitcoin, which saw a 0.94% increase within a 24-hour period. With this improved economic data comes the possibility of increased investor confidence and subsequent capital influx into digital assets, particularly cryptocurrencies known for their sensitivity to such market shifts.