TBL Thinks: Breaking Down Trump's Fuel Efficiency Proposal
Dear Readers,
It’s Thinking Time! This week we cover the Trump administration’s proposal to reset the CAFE standards automakers are expected to adhere to and what it really means — the pros and the cons.
TBL Thinks is our way to summarize the most important paywalled, longer reads relevant to global macroeconomics, helping you cut through the noise. With that in mind, please enjoy.
Was 2025 just underwhelming, or did bitcoin quietly lay the groundwork for an extended bull run?
On December 17 at 1 PM CST, Conner Brown, James Lavish, and Preston Pysh join
Unchained for a high-signal breakdown of the forces that defined bitcoin this year.
They’ll cover:
How 2025’s macro and liquidity shifts reshaped bitcoin’s market footing
The policy developments in Washington that carried the most weight
What this year’s inflection points reveal about bitcoin’s long-term direction
If you want clarity on what 2025 really meant for bitcoin—and how to think about the road ahead—this is the event.
Wednesday, Dec 17 at 1 PM CST — online, free to attend.
Making Cars Great Again!
President Trump has been in the news lately (when isn’t he?) for his remarks on the US auto industry. The WSJ writes that on Wednesday, last week, he fulfilled his campaign promise to end the Biden electric-vehicle mandate by eliminating gratuitous mandates that raise car prices and create market distortions. Headlines will scream and shout from the roof that Trump wants to slash fuel efficiency standards for cars, but what does that even mean?