Hello Capitalists,

Here is everything you should be following today:

• Trump and RFK rock the medical establishment

• Tim Pool has big news on Mortgage searches

• Steak ‘n Shake goes to war with Cracker Barrel CEO

• Trump’s new man at the Fed is shaking things up

• America has a new King of Beers (and it isn’t Budwiser)

Today’s markets:

• DOW: 46358.84 (⬆️0.09%) - ✅

• S&P: 6690.52 (⬆️0.39%) - ✅

• NASDAQ: 22766.72 (⬆️0.60%) - ✅

• CBOE VIX Volatility Index: 15.84 (⬆️2.52%) - ⚠️⬆️

Trump and RFK to make MAJOR autism announcement

The Trump administration plans to announce Monday a controversial link between acetaminophen use during early pregnancy and increased autism risk in children, urging pregnant women to avoid Tylenol except for fevers, while promoting leucovorin as a potential treatment—despite fierce pushback from experts and drug makers citing scant scientific evidence.

• HHS Kennedy Spearheads Push: Health Secretary Robert F. Kennedy Jr. leads the federal effort, building on his pledge to probe autism causes.

• Scientific Skepticism Prevails: Despite the report, the FDA and groups like the American College of Obstetricians and Gynecologists affirm acetaminophen's safety in pregnancy, citing over a decade of research showing no causal tie to autism.

• Manufacturer's Fierce Rebuttal: Kenvue CEO Kirk Perry urged HHS Secretary Robert F. Kennedy Jr. against the claim in a September meeting, warning it could endanger pregnant women by discouraging fever treatment as shares plunge ahead of the announcement.

• Broader Policy Shifts Loom: The announcement follows Trump's weekend tease, potentially reshaping pregnancy guidelines and spurring investigations into environmental autism triggers.The move may spur new guidelines limiting early-pregnancy Tylenol use unless for fever, potentially fueling lawsuits.

Together with Castor Oil

Do THIS with castor oil to flush out your liver clog & drop belly fat

Have you seen what castor oil does to your liver? Watch the shocking video below:

If you’re over 40 and struggle with…

Stubborn weight gain

Digestive issues

Low energy

…then you need to watch this video right now.

You’re likely suffering from the same thing that 98+ million other Americans are, and that’s a clogged liver that is stopping your body from breaking down fat.

But when you use castor oil in this weird way each morning (not by drinking it)... Your liver becomes up to 80% more efficient - burning your stores of stubborn fat like jet fuel.

>> Do THIS with castor oil to flush out your liver clog and drop stubborn fat

Learn More

Google searches for “Help with mortgage” pass 2008 levels

Podcaster Tim Pool highlighted that high interest rates and dwindling housing inventory are fueling a 2025 affordability crisis, squeezing buyers nationwide, with searches on Google now exceeding 2008 levels

• Tim Pool Highlights Hardships: While not directly comparing crises, Tim Pool’s discussions underscore 2025’s economic struggles, contrasting pre-2008 stability with today’s rising financial pressures.

• Subprime Lending Drove 2008: Predatory mortgages and speculation triggered a housing bubble burst, causing nearly 9 million U.S. job losses and a financial system meltdown, unlike today’s affordability-driven concerns.

• 2025 Crisis Tied to Rates: High interest rates and low housing supply, not fraud, define the 2025 crisis, with prices soaring and homeownership increasingly out of reach for younger buyers.

• Demographic Shifts Impact Market: Aging populations and migration patterns are exacerbating housing shortages in 2025, contributing to affordability issues distinct from the leverage-fueled 2008 collapse.

  ---

  ---

Steak ‘n Shake goes to war with Cracker Barrel, urges firing the CEO

In a fiery proxy showdown, Steak 'n Shake owner Sardar Biglari escalated his crusade Thursday against Cracker Barrel, urging shareholders to oust CEO Julie Masino and director Gilbert Dávila for torching brand heritage with a botched logo flop that tanked stocks and sparked customer fury.

• Proxy Battle Heats Up: Biglari Capital filed urgent call for shareholders to reject Masino and Dávila's re-election, blasting their leadership for obliterating investor value through misguided strategies.

• Billboard Blasts Leadership: Steak 'n Shake funded provocative outdoor ad screaming "Fire the CEO" in Cracker Barrel's scrapped redesign font, amplifying public shaming of execs.

• Heritage Betrayal Exposed: Activists decry removal of iconic "Old Timer" signage as erasing the chain's folksy soul, likening it to infamous flops like Bud Light's backlash.

• Reversal Signals Damage: Cracker Barrel scrapped its modern logo overhaul within days of uproar, issuing apologies to salvage trust amid ongoing shareholder revolt threats.

Trump’s new man at the Fed is already making waves

Newly confirmed Federal Reserve Governor Stephen Miran vigorously defended his push for a bold 50 basis-point interest rate cut over a modest 25-point trim, citing surging disinflationary forces like plummeting immigration and a closed border that's already sent over a million migrants home, easing housing pressures ahead of the Fed's pivotal meeting.

• Miran Challenges Tariff Fears: Dismisses claims that tariffs fuel inflation, noting zero evidence in import-heavy goods data and countering widespread economic concerns.

• Optimistic Second-Half Outlook: Blames early-year economic weakness on resolved uncertainties over tax hikes and trade shifts, forecasting stronger growth post-legislation.

• Immigration's Disinflation Edge: Highlights how reduced migrant inflows—over 1 million returns this year—will sluggishly but surely curb shelter costs and rents.

• Swift Senate Confirmation: Trump-nominated Miran, ex-White House adviser, secured Fed board seat on Sept. 15 to replace resigned Adriana Kugler, vowing policy independence.

There is a new king of beers in the USA

In a fizzy flip of the beer barrel, Anheuser-Busch's low-carb Michelob Ultra has surged past Constellation Brands' Modelo Especial to claim America's top-selling beer crown for the latest 52 weeks, fueled by savvy sports sponsorships amid shifting consumer tastes for active lifestyles.

• Sales Surge Dominates Channels: Michelob Ultra topped retail sales for 52 weeks per Circana data and led bars/restaurants via NielsenIQ, while securing largest U.S. draft line share from November 2024.

• Bud Light Backlash Boosts Rival: Post-April 2023 Dylan Mulvaney controversy, Modelo seized the lead until Michelob Ultra's steady climb reclaimed dominance in off-premise channels.

• Sports Sponsorships Fuel Growth: Backed by NBA global sponsorship, FIFA World Cup 2026 exclusivity, and 30-year PGA Tour ties, the brand targets social, active drinkers since its 2002 launch.

• Executives Eye Endless Expansion: Anheuser-Busch's Norrington hails it as a "rocket ship" with vast opportunities; Circana's Scanlon calls it the unrelenting industry growth leader.

Buffet finally dumps Chinese EV maker stock, makes billions from 2008 bet

Warren Buffett's Berkshire Hathaway has fully cashed out its stake in Chinese EV giant BYD, a position originally championed by the late Charlie Munger in 2008 for $230 million—now reaping billions in profits amid rising geopolitical tensions.

• Munger's Bold 2008 Push: Late vice chairman Charlie Munger convinced Buffett to buy 225 million BYD shares for $230 million, hailing CEO Wang Chuanfu as a "damn miracle" despite initial skepticism.

• Staggered Sales Since 2022: Berkshire began trimming its holding in August 2022, offloading nearly 76% by June 2023 to dip below 5% ownership, with final undisclosed sales confirmed in Q1 2025 filings.

• Explosive 3890% Surge: The stake ballooned from $230 million to a peak of $9 billion by mid-2022, delivering massive returns before Buffett sought "better" investment opportunities.

• Geopolitical Shadows Linger: Echoing sales of Taiwan Semiconductor shares over Beijing risks, Buffett called the world "dangerous," hinting at similar concerns driving the BYD divestment.