Chamath Palihapitiya Criticizes U.S. Fiscal Policies, Musk Agrees
Chamath Palihapitiya, the renowned “SPAC king,” has criticized the U.S. for its unsustainable borrowing habits. The U.S. Treasury announced plans to borrow $1.592 trillion from the private debt market by the end of the March quarter. Palihapitiya has questioned why the Treasury isn’t selling long-dated maturities past 30 years. Tesla Inc. Elon Musk reacted, suggesting the situation “won’t end well.” Read the full article here.

Jamie Dimon Warns of Potential Rate Hike
JPMorgan Chase CEO Jamie Dimon has commented on the Federal Reserve’s latest move and its impact on the economy. According to him, the Fed did the right thing by raising rates rapidly, and now they should wait and see the aftermath. The Fed opted to maintain the fed funds rate unchanged at a 22-year high for a second straight meeting. Read the full article here.

Steve Eisman Holds Off On Bond Purchases
Steve Eisman, known for his accurate prediction of the 2008 market crash, has decided not to buy bonds due to the uncertain economic stance of Federal Reserve Chairman Jerome Powell. Eisman believes Powell’s perspective on the economy is causing the Fed’s decision to keep the interest rates unchanged. Read the full article here.

Peter Schiff Challenges Powell’s Inflation Outlook
Gold bull Peter Schiff has disputed Federal Reserve Chair Jerome Powell’s view on inflation. Schiff attributes inflation to persistent government overspending and deficits rather than consumer expectations. He warns that inflation could surge beyond the Fed's 2% target if the Fed reverts to Quantitative Easing. Read the full article here.

Stanley Druckenmiller Criticizes Janet Yellen
Stanley Druckenmiller, a renowned investor, has criticized Treasury Secretary Janet Yellen for what he terms the “worst mistake in the history of the Treasury.” He believes Yellen should have issued more long-dated government bonds before the Federal Reserve started to increase interest rates last year. Read the full article here.