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Speaking overall, the stock market hasn’t changed course after last week’s bounce; the upside momentum is still here, albeit acting a little tentative. One piece of news that may have helped move the market higher on Tuesday, though, was President Trump’s decision to scale back on auto tariffs.

Investors seem to be looking forward to any news of progress on trade negotiations and key economic data, namely Q1 GDP, March personal consumption expenditures price index (PCE), and the April jobs report. There are also some important earnings this week, including META Platforms, Inc. (META), Microsoft Corp. (MSFT), Amazon.com, Inc. (AMZN), and Apple, Inc. (AAPL), among others. So, don’t be surprised if there’s some turbulence this week.

Recent economic data hasn’t moved the needle much. The latest JOLTS report showed fewer job openings in March, but layoffs declined. This indicates the labor market is still strong. The April nonfarm payrolls report on Friday will bring more clarity.

Consumer confidence took a hit, falling to its lowest reading since May 2020. This drop reflects concerns about tariffs and how they might push up prices. The bottom line is that consumers are nervous about what’s ahead.

Technical Update

Despite its bounce, the S&P 500 ($SPX) is still down around 9.0% from its February high, but up about 15% from its April lows. The weekly chart below has the Fibonacci retracement levels from the October 2022 lows to the February 2025 highs. The index bounced off its 50% retracement level and is now above its 38.2% level. It’s also trading below its 40-week simple moving average (SMA), which is the equivalent of a 200-day SMA.

FIGURE 1. WEEKLY CHART ANALYSIS OF S&P 500. The index has bounced off its 50% Fibonacci retracement level, and breadth is improving. However, the market appears to be in a wait-and-see mode, and any negative news could send the index lower. Chart source: StockCharts.com. For educational purposes.

It’s encouraging to see the S&P 500 Bullish Percent Index (BPI) above 50%, and the percentage of S&P 500 stocks trading above their 200-day moving average showing slight signs of reversing from a downtrend. However, the S&P 500 appears indecisive and is waiting for some catalyst to move the index in either direction.

Does the daily chart show a different scenario? Let’s take a look.

FIGURE 2. DAILY CHART ANALYSIS OF S&P 500. The 50% Fibonacci retracement level is an important level to monitor since it could act as a support level. Resistance levels to the upside are the 50-day moving average, the 61.8% Fib retracement level, and the 200-day moving average. Chart source: StockCharts.com. For educational purposes.

The daily chart of the S&P 500 above shows the index trading below its 200-day SMA. In addition, the 50% Fibonacci retracement level (from the February 2025 high to the April 2025 low) is acting as a support level. One point to note is the wide-ranging days in April, which have subsided toward the end of the month. This suggests investors have calmed down—the Cboe Volatility Index ($VIX) has pulled back and is now below 30.

The short-term perspective shows the trend is leaning toward moving higher. Keep an eye on the 5500 level as support and the 50-day SMA as the next resistance level. If the S&P 500 can break above the 61.8% Fibonacci retracement level with strong momentum, that’s reason to be optimistic. A break above the 200-day SMA would be more optimistic.

While the S&P 500 is inching higher, something is brewing beneath the surface—a shift toward the more defensive sectors.

Sector Rotation: Defensive Gains

The Relative Rotation Graph below shows that for the week, defensive sectors—Consumer Staples, Utilities, and Health Care—are leading, while offensive sectors, like Technology, Consumer Discretionary, and Communication Services, are lagging.

FIGURE 3. RELATIVE ROTATION GRAPH. Defensive sectors are leading while offensive sectors are lagging. Monitor sector rotation carefully as we head into a volatile trading week. Chart source: StockCharts.com. For educational purposes.

This isn’t unusual, since investors are feeling more cautious and looking for stability.

What’s Ahead?

There’s still key economic data to monitor this week. Here’s what’s ahead:

  • Wednesday: March personal consumption expenditures (PCE), the Fed’s favored inflation measure. A stronger-than-expected number could send the market lower since it may make the Fed more hawkish. There’s also the Q1 GDP growth, which will indicate if economic growth is stalling or continues to be strong.
  • Friday: April nonfarm payrolls will give us an idea of the strength of the labor market. Evidence of a strengthening labor market would reduce the probability of an interest rate cut, which could put pressure on stocks.

Closing Position

The market is feeling cautious, waiting for the next catalyst to send stock prices higher or lower. And any of this week’s events—economic data, big tech earnings, and trade talks—could make or break this week’s price action. However, even if the S&P 500 trends higher, it doesn’t necessarily mean the big tech growth stocks are leading the move higher. Do a sector drill-down from our new Market Summary page and invest accordingly.


Disclaimer: This blog is for educational purposes only and should not be construed as financial advice. The ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional.

Challenger Gold Limited (ASX: CEL) (“CEL” the “Company”) notes the ASX Release by Austral Gold Limited titled ‘Austral Gold Provides Update on Casposo Plant Refurbishment’ today. The release provides an update on the refurbishment of the Casposo Processing Plant and reports that the refurbishment is on track for the start up of commercial operations in the second half of 2025.

HIGHLIGHTS

  • Austral Gold announced that Casposo Plant refurbishment is advancing safely and efficiently across all core workstreams.
  • Austral update aligns with second independent plant inspection commissioned by CEL.
  • CEL’s inspection was undertaken by the same process engineers that completed the Audit of the Casposo Plant and Restart Plan in December 2024.
  • Key takeaways from the second inspection report commissioned by CEL are:
    • Robust advancement across all key processing areas
    • Progress in line with existing refurbishment schedule
    • Solid-liquid separation capacity (previously identified as a key risk) appears adequate for the required 1000 TPD capacity
    • Sufficient time remaining to complete all maintenance work to meet the commissioning target in Toll Milling Agreement during the second half of 2025.

The Austral update aligns with a second independent plant independent inspection report received by the Company during April 2025. This report was prepared by the leading process group that completed the independent Audit of the Casposo Plant in December 2024 (ASX Release dated 13 December 2024).

Background to Toll Milling

The Company has executed a binding Agreement with Casposo Argentina Mining Limited, the operator of the Casposo Plant located in San Juan Argentina. This Toll Milling Agreement secures processing of a minimum of 450,000t of near surface Hualilan mineralised material over 3 years (ASX Release dated 30 December 2024).

The Casposo Plant, located 170km from Hualilan via established roads, has historically produced over 323,000 ounces of gold and 13.2 million ounces of silver. During operations, the plant achieved average annual production of 40,000 ounces of gold and 1.6 million ounces of silver at recoveries of 90% for gold and 79% for silver. The plant has been on care and maintenance.

The primary objective of this Toll Milling strategy is to capitalise on the current high gold price (above US$3,300/oz) to generate early cash flow. This cashflow will be allocated towards the construction of the standalone Hualilan Gold project including a Flotation with Tails Leach (“FTL”) circuit, a potential Heap Leach (“HL”) pad at Hualilan, and open pit mining fleet.

Click here for the full ASX Release

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Amid rising production and weakening demand, the global nickel market is forecast to swing into a 198,000 metric ton (MT) surplus in 2025, according to the International Nickel Study Group (INSG).

In an April 24 release, the INSG said that world primary nickel production is expected to reach 3.735 million MT this year, outpacing the primary usage forecast of 3.537 million MT for 2025.

The nickel sector recorded surpluses of 170,000 MT in 2023 and 179,000 MT in 2024.

‘The world economy is currently facing changes to national policies, namely related to trade. This will probably contribute to a higher level of uncertainty regarding raw materials markets,’ the group notes.

Prices for nickel, a critical component in stainless steel and electric vehicle (EV) batteries, have struggled under mounting oversupply. After losing more than 7 percent in 2024, nickel prices continued to show volatility in Q1 2025.

Nickel hit five year lows in the US$15,000 per MT range in early April, driven by a combination of global overproduction, tight ore availability and geopolitical tensions, including the escalation of US tariffs on Chinese goods.

Indonesia, the world’s largest nickel producer, is at the heart of these market dynamics. The INSG said ‘delays in the issuance of mining permits’ are creating ore tightness, even as refined production continued at elevated levels.

In 2024, Indonesia mined an estimated 2.2 million MT of nickel, accounting for over half of global output.

However, regulatory uncertainty has compounded challenges for Indonesian producers.

The country’s newly approved royalty hikes, which increase the rate from 10 percent to between 14 and 19 percent depending on nickel prices, have sparked backlash from industry stakeholders. In a letter shared with the government, they called the increases “unrealistic and (not reflective of) the current state of the industry.”

Filipino policymakers have proposed following Indonesia’s earlier example by banning exports of raw nickel, a move that, if implemented, could introduce fresh instability to global supply chains reliant on Southeast Asian ore.

China’s expanding nickel output

In China, the INSG forecasts further growth in primary nickel output in 2025, fueled by expansions in nickel cathode and nickel sulfate production. This growth is expected even as nickel pig iron output declines.

Yet demand in China — the world’s largest nickel consumer — faces headwinds. Tariffs from the US and sluggish activity in key sectors like construction and home appliances have pressured stainless steel demand.

According to the INSG, stainless steel production in China grew 10.6 percent year-on-year in the first quarter of 2025, with analysts expecting another year of surplus.

At the same tiime, the nickel-intensive EV battery market has been slower to expand than anticipated. Increased reliance on lithium iron phosphate (LFP) batteries, which do not require nickel, and rising demand for plug-in hybrids over fully electric vehicles, have both dampened growth prospects for nickel demand.

US tariffs deepen market volatility

The Trump administration’s escalating tariffs against China have also weighed heavily on the market — nickel prices dropped 11.5 percent in the week after new tariffs were announced on April 2.

The impact of tariffs on midstram and downstream battery products has been especially severe.

Thomas Matthews, an analyst at CRU Group, explained during a recent webinar that US tariffs on Chinese goods will soon amount to 173 percent for energy storage batteries and 143 percent for EVs.

“We’ve already seen that there was significant amounts of stockpiling prior to the tariffs being implemented,” he said, adding, “But there are also now huge volumes of batteries that are sitting in US bonded warehouses, which is proving to be a major headache for the importers.’ Matthews also noted that although imports of cobalt and lithium remain exempt from new tariffs, “nickel, interestingly, is currently not exempt.”

The INSG’s next meetings are scheduled for October 6, 2025. In the meantime, with surplus forecasts rising and demand signals weakening, nickel faces another challenging year ahead.

Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

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Here’s a quick recap of the crypto landscape for Monday (April 28) as of 9:00 p.m. UTC.

Get the latest insights on Bitcoin, Ethereum and altcoins, along with a round-up of key cryptocurrency market news.

Bitcoin and Ethereum price update

Bitcoin (BTC) was priced at US$94,867.28 as markets closed for the day, up 0.4 percent in 24 hours. The day’s range has seen a low of US$93,589.07 and a high of US$95,212.29.

Bitcoin performance, April 28, 2025.

Chart via TradingView.

Bitwise CEO Hunter Horsley said heightened institutional activity drove Bitcoin’s rally to US$94,000.

In a client note, Greg Cipolaro, the global head of research at NYDIG, said, “Bitcoin has acted less like a liquid levered version of levered US equity beta and more like the non-sovereign issued store of value that it is.” However, it’s worth noting that Bitcoin fell by about US$2,000 after the markets opened in tandem with declining US Treasury yields.

Ethereum (ETH) ended the day at US$1,799.74, a 0.5 percent decrease over the past 24 hours. The cryptocurrency reached an intraday low of US$1,754.97 and a high of US$1,803.29.

Altcoin price update

  • Solana (SOL) ended the day valued at US$148.64, down one percent over 24 hours. SOL experienced a low of US$145.89 and peaked at $150.06.
  • XRP traded at US$2.30, reflecting a 0.8 percent increase over 24 hours. The cryptocurrency recorded an intraday low of US$2.26 and reached its highest point at US$2.31.
  • Sui (SUI) was priced at US$3.61, showing an increaseof 0.6 percent over the past 24 hours. It achieved a daily low of US$3.55 and a high of US$3.73.
  • Cardano (ADA) was trading at US$0.7091, up 1.1 percent over the past 24 hours. Its lowest price on Monday was US$0.6879, with a high of US$0.7136.

Today’s crypto news to know

US$330 million Bitcoin transfer sparks concern

On-chain investigator and analyst ZachXBT has called out a “suspicious transfer” of 3,520 BTC to a new address just after midnight on Monday; the coins were worth approximately US$330.7 million at the time.

“Shortly after the funds began to be laundered via 6+ instant exchanges and was swapped for XMR causing the XMR price to spike 50%,” Zach wrote, adding that the move was “likely a theft” roughly an hour later.

Zach concluded that a longtime holder using major exchanges to suddenly transfer a large sum in many small, costly increments to instant exchanges would be an inefficient method for legitimate use.

To date, there has been no confirmation of anyone coming forward to say they have been robbed. Monero’s price has retracted to near its post-spike price, up 10 percent in 24 hours to US$253.09 at the time of writing.

Loopscale suffers hack, bounty negotiations ongoing

On Saturday (April 26), approximately US$5.8 million of USDC and SOL were stolen from the Solana-based DeFi protocol Loopscale. Roughly US$5.7 million UDSC and around 1,200 SOL were taken from Genesis vaults.

Loopscale’s analysis reveals that the attackers manipulated Loopscale’s RateX PT token, which allowed them to exploit a flaw in how the system determined the value of deposited assets.

The stolen funds represent around 12 percent of Loopscale’s total value locked.

In response, Loopscale suspended all withdrawals from its vaults and temporarily halted trading. The platform has offered the attackers a 10 percent bounty and said it would not pursue legal action if the remaining 90 percent is returned. According to Loopscale’s update, posted on X on Sunday (April 27) evening, the attackers agreed to return the funds in exchange for a bounty, but said they expected 20 percent. According to the latest update from Etherscan, negotiations are ongoing, and there have been no reports of the funds being returned as of the time of writing.

Strategy stacks US$1.42 billion in Bitcoin

Bitcoin bull Michael Saylor’s firm, Strategy, added another 15,355 BTC to its holdings last week, spending roughly US$1.42 billion between April 21 and 27 as Bitcoin surged past the US$90,000 mark.

According to Strategy’s April 28 filing with the US Securities and Exchange Commission, the purchase was made at an average price of US$92,737 per Bitcoin, bringing the company’s total haul to a staggering 553,555 BTC — now valued at more than US$50 billion. The move marks Strategy’s largest Bitcoin acquisition since late March and reflects the firm’s aggressive accumulation strategy despite growing market volatility.

On social media, Saylor celebrated the purchase, noting that Strategy’s Bitcoin yield now sits at 13.7 percent year-to-date, and reaffirmed his belief that Bitcoin remains massively undervalued despite its recent rally.

With the company’s market cap pushing toward US$100 billion and Bitcoin trading around US$95,000, Strategy’s latest moves signal continued institutional confidence in Bitcoin as a core asset class.

Grayscale pushes SEC to approve Ethereum ETF staking

Grayscale Investments is renewing pressure on the US Securities and Exchange Commission (SEC) to allow staking activities for Ethereum exchange-traded funds (ETFs), highlighting that restrictive rules have already cost US funds more than US$61 million in foregone rewards.

In a high-level meeting with the SEC’s Crypto Task Force, Grayscale executives presented a proposal to amend existing Ethereum ETF filings to permit staking, emphasizing the competitive disadvantage US funds now face compared to their European and Canadian counterparts.

Grayscale argued that staking would not only enhance investor returns but also contribute to Ethereum network security, supporting a more resilient decentralized infrastructure.

The company also laid out a liquidity management plan to address concerns about redemption risks, including credit facilities and liquidity sleeves with custodians like Coinbase Custody.

Coinbase to launch Bitcoin yield fund

Coinbase is set to introduce the Coinbase Bitcoin Yield Fund on May 1, which will offer exposure to institutional investors from outside the US. “This fund is a conservative strategy that seeks a 4-8 percent net return in Bitcoin per year, over a market cycle, with investors subscribing and redeeming in Bitcoin,” the company said on Monday.

The yield will be generated through a cash-and-carry strategy, through the difference between spot Bitcoin prices and derivatives, as Bitcoin itself lacks a built-in mechanism for generating passive income like staking on other blockchains.

According to Coinbase, custodians of the fund will trade using third-party custody integrations to lessen counterparty risk, avoiding higher-risk Bitcoin lending and systematic call selling.

SEC’s Peirce likens US crypto regulation to ‘floor is lava,’ demands real reform

SEC Commissioner Hester Peirce delivered a blistering critique of US crypto regulations, comparing them to the children’s game ‘floor is lava,’ where firms must hop precariously across unclear legal guidelines to avoid regulatory pitfalls.

Speaking at the SEC’s “Know Your Custodian” roundtable on April 25, Peirce criticized the lack of coherent, actionable rules for investment advisers, custodians and exchanges dealing with crypto assets.

She stressed that without clear definitions around securities classifications and custodial qualifications, the industry is being paralyzed by uncertainty, stifling innovation and deterring responsible market participants.

Fellow commissioner Mark Uyeda reinforced Peirce’s warnings, urging the SEC to expand custodial options by recognizing state-chartered trust companies, a move he said is essential to the healthy development of crypto trading platforms and alternative trading systems.

Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.

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A coalition deal in Germany has paved the way for conservative leader Friedrich Merz to become the country’s 10th chancellor since World War II. As part of the deal, outgoing Chancellor Olaf Scholz’s party, the Social Democrats (SPD), will join with Merz’s Christian Democratic Union (CDU).

Both parties in the agreement have ruled out governing with the far-right party Alternative for Germany (AfD).

CDU, along with its Bavarian sister party the Christian Social Union (CSU), won Germany’s elections in February after garnering 28.6% of the vote, according to Germany’s international broadcaster Deutsche Welle (DW). 

The AfD secured 20.8% of the vote. Meanwhile, Scholz’s SPD won just 16.4% of the vote, their worst result since World War II, according to the Associated Press (AP).

The coalition agreement was put to a vote among the SPD’s more than 358,000 members via an online ballot. More than half, 56%, of the party’s members voted on the deal, and of those who cast their ballots, 84.6% were in favor, the AP reported.

CDU/CSU and SPD are looking to invest in Germany’s infrastructure, raise the minimum wage to $17.01 per hour and to cap rents, according to Reuters, which cited the coalition contract.

The coalition deal gives SPD several major positions, including the finance, justice and defense ministries, according to the AP. In total, SPD was able to secure seven ministry positions, DW reported. 

Additionally, SPD leader Lars Klingbeil is set to become vice chancellor and finance minister — a key position as the country deals with the ramifications of President Donald Trump’s tariffs.

‘In these very difficult times in global politics, we bear responsibility for our security, for economic growth, secure jobs and equal opportunities,’ SPD General Secretary Matthias Miersch said, according to Reuters.

Merz celebrated SPD’s approval of the agreement in a post on X, which was translated by Reuters.

‘The broad approval of our coalition agreement shows that the political center is capable of taking action and assuming responsibility. This clears the way for a strong government that will finally solve our country’s problems,’ Merz wrote, according to a Reuters translation.
 

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A new government relations firm led in part by a former Trump lawyer has launched in Washington, D.C., with the aim of advocating for clients in the crypto and artificial intelligence space that has gained momentum since Trump’s election and inauguration. 

NexusOne Consulting, founded by attorney Jeff Ifrah of Ifrah Law, former Trump administration attorney Jim Trusty and former Trump Commerce Department official Ross Branson, opened its doors this week, marketing itself as a firm ‘focused on shaping federal policy and regulatory frameworks for clients in the emerging technologies sector, including AI, cryptocurrency and social media.’

Fox News Digital spoke to Ifrah, who outlined what he believed was a gap in the crypto and AI consulting space heading into the next four years of the Trump administration.

‘I think primarily before the Trump administration, there wasn’t really a need. It wasn’t like the industry was searching out D.C.-based advocates on a federal level,’ Ifrah said. ‘Shortly after Trump won the election it became kind of clear that these two verticals, AI and crypto, were going to need representation, and they previously hadn’t thought about that.’

Ifrah explained that his team did not see many firms with the necessary experience in the space and saw a benefit in ‘starting up a new shop with our kind of relationships and connections in the administration’ and ‘also paired that to a vertical industry we were familiar with you know, for which there wasn’t a lot of competition out there.’

In a press release, Trusty said, ‘NexusOne was launched to give the crypto, AI, and other emerging tech industries a seat at the table.’

‘We are perfectly positioned to help both the Executive Branch and private industry understand and appreciate each other’s roles and abilities in forging the new economy.’

NexusOne also unveiled members of the company’s advisory board, which includes Bill Bennett, former U.S. Secretary of Education under President George H.W. Bush, former GOP Oklahoma Gov. Mary Fallin and Andrew Graves, a Wall Street veteran who co-founded a nonprofit fundraising organization with Eric Trump. 

‘Headquartered across from the White House, NexusOne is the essential bridge between regulation and innovation,’ the company said in the press release. 

Bo Hines, executive director of the President’s Council of Advisers on Digital Assets, told Fox News Digital earlier this month that Trump is aiming to make the U.S. the ‘crypto capital of the world,’ and that the administration is well on its way to ushering in ‘the golden age for digital assets.’ 

Ifrah told Fox News Digital that many potential clients in the space are looking for a ‘seat at the table’ and he believes NexusOne is the firm to help them do that. 

‘Technology is outpacing policy, and that creates both opportunity and risk,’ Ifrah said in the press release. ‘We created NexusOne to ensure that companies at the frontier of innovation have a trusted, connected voice in Washington.’

‘There’s a once-in-a-generation opportunity to shape the future of tech policy. We’re here to make sure innovators don’t just react to policy—they influence it.’

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Rep. Alexandria Ocasio-Cortez would ‘destroy America’ as president – but is a first-rate entrepreneur – says Canadian businessman and star of ABC’s ‘Shark Tank’ Kevin O’Leary.

O’Leary’s comments came over the weekend during the White House Correspondents’ Association annual dinner in response to questions about a new campaign-style video the far-left progressive lawmaker put out amid speculation she is considering a run for president.

‘I think she’s the best marketeer in politics. I buy her T-shirts, I gift them the tax the rich T-shirts – I love them. She makes 82% in margin on them, which, I think, shows you that inside of every socialist, there’s a capitalist trying to get out,’ O’Leary said. ‘Now, would she destroy America? Absolutely. There’s no chance she’ll ever be president. I don’t agree with anything she says, but I love her social media. She’s a crazy chicken.’ 

‘Her district is a wasteland,’ O’Leary added. ‘Why would anybody want her running anything? But I love what she does on T-shirts, so maybe she should start a T-shirt company.’

The ‘Shark Tank’ star’s comments came as Ocasio-Cortez has been criss-crossing the country over the last several weeks, participating in a ‘Fight Oligarchy’ tour alongside Sen. Bernie Sanders, I-Vt., in protest of President Donald Trump and his policies. The events have drawn large crowds and speculation over whether Ocasio-Cortez is testing the waters for a potential presidential run. 

Meanwhile, last week, Ocasio-Cortez posted a new campaign-style video to her social media accounts, invigorating that speculation even further.

 

Prominent pollster Nate Silver suggested earlier this month that Ocasio-Cortez is currently the leading Democrat to pick up the party’s presidential nomination in 2028, selecting her as his top choice in a 2028 election exercise with FiveThirtyEight’s Galen Druke. 

‘I think there’s a lot of points in her favor at this very moment,’ Druke said, adding, ‘Alexandria Ocasio-Cortez has broad appeal across the Democratic Party.’

Fox News Digital’s Deirdre Heavey and Paul Steinhauser contributed to this report.

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Former vice presidential nominee Gov. Tim Walz, D-Minn., continued a self-described ‘listening tour’ across the country at a Harvard Kennedy School forum on Monday night, ruling out a 2028 presidential bid and revealing why former Vice President Kamala Harris chose him as her running mate. 

Walz said Harris chose him, in part, because, ‘I could code talk to White guys watching football, fixing their truck’ and ‘put them at ease.’ The Minnesota governor described himself as the ‘permission structure’ for White men from rural America to vote for Democrats. 

‘I think I’ll give you pretty good stuff, but I’ll also give you 10% problematic,’ Walz added when pushed by moderator Brittany Shepherd, ABC News national political reporter, about why he didn’t take that message to cable news to reach a larger audience. Walz laughed off criticism over inconsistencies in his background on the 2024 campaign trail, describing himself as a ‘knucklehead.’

Walz told CNN’s Jake Tapper earlier this month that he was considering a third bid for Minnesota governor but was not thinking about running for president in 2028. When asked by Shepherd to explain, Walz said the Democratic Party should run a collective 2028 presidential campaign. 

‘I think we need to collectively run a presidential campaign without a candidate right now that builds all the infrastructure… by the time we get to 2028, we’re ready,’ Walz said. 

And on what he would have done differently in 2024, Walz said, ‘We would have won.’ Acknowledging that Democrats came up short in November, Walz said the party is ‘better off doing more’ in ‘every forum,’ following criticism that Democrats didn’t prioritize media appearances enough in 2024, whether long-form podcasts or traditional network news shows. 

‘There is room for Gavin Newsom’s podcast, and there is room for Bernie Sanders’ rallies,’ Walz said, as he described both instances as opportunities for Democrats to reclaim their own narrative.

Gov. Gavin Newsom, D-Calif., long considered a potential 2028 presidential candidate, has invited President Donald Trump’s allies and conservative guests, including Charlie Kirk and Steve Bannon, onto his new podcast to show he is open to ‘criticism and debate without demeaning or dehumanizing one another.’ The strategy follows criticism after the 2024 presidential election that Democrats didn’t prioritize new media appearances and unscripted conversations enough. 

Meanwhile, Sen. Bernie Sanders, I-Vt., has been jet-setting across the country on the ‘Fighting Oligarchy’ tour alongside another potential 2028 presidential candidate, Rep. Alexandria Ocasio-Cortez, D-N.Y. The self-described Democratic socialists have amassed tens of thousands of supporters to what they say are record-setting rallies for both politicians. 

Walz has been on his own cross-country tour, hosting town halls in Republican-held congressional districts. But the former vice presidential nominee has fallen into familiar missteps from the 2024 campaign trail – on the road and back at home. 

Walz was heckled by veterans at the Minnesota Capitol earlier this month for claims of ‘stolen valor.’ At a town hall in Wisconsin last month, a woman who registered for the event told Fox News Digital she was removed for filming Trump supporters getting kicked out. And during one of his first town hall events, Walz was slammed by Republicans for celebrating Tesla’s stock drop amid a spree of vandalism. 

While the Democrat said he was chosen by the Harris campaign to relate to White men, Walz has been unable to escape the nickname ‘Tampon Tim,’ coined by conservatives for his bill providing free menstrual products to ‘all menstruating students’ in school restrooms grades 4 to 12, including the boys’ room. 

Regardless of the comment or legislation, conservatives find a way to criticize ‘Tampon Tim,’ including when Walz claimed he could fight most Trump supporters earlier this year. 

Further reflecting on the Democrats’ 2024 losses, Walz said the party wins on the issues and ‘competency,’ but ‘we lose the message, and we lose power.’

‘Why have we lost the self-identity that the Democratic Party is for personal freedoms, middle-class folks, for labor folks. How did we lose it, where people didn’t self-identify with that? How did we get to a point where people didn’t feel like this was an important enough election to get out and vote?’ Walz asked during his speech Monday. 

Walz’s speech was on the eve of Trump’s first 100-day celebration, and he warned his fellow Democrats, ‘If you leave a void, Donald Trump will fill it,’ and added, ‘If I ever had 100 days to live, I would spend it in the Trump administration because it’s like a lifetime.’

‘It’s been 100 days of destruction. You think we can survive 550 more? That’s the challenge. That’s how long it is until the midterms,’ Walz said. 

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There are moments when I still wake up in terror, my heart pounding, convinced I’m back in those dark tunnels beneath Gaza. 

Then reality slowly breaks through—I am free. After 471 days held hostage by Hamas, I have returned to the world of light, of family, of possibility. But my heart remains heavy, knowing that others still endure the nightmare from which I’ve awakened.

My story begins on October 7, a day that tore my life in two. I went to the Nova festival with my best friend Gaya Halifa, looking forward to a day of music and celebration. When the terror attack began, we tried desperately to escape. After hiding in the bushes, Ben Shimoni arrived in his car to rescue me, Gaya and Ofir Tzarfati. 

For a brief moment, we thought we were safe. But that hope shattered when the terrorists opened fire on our car. I was wounded. Gaya did not survive. I remember her last words to me: ‘Romi, they shot me.’ We shared one final look, her eyes meeting mine before they rolled back as she took her last breath. In the end, I was the only survivor from our car. Since returning home, I’ve learned that Ben managed to save twelve other people at the festival that day before coming back to rescue us—a heroic act for which I am eternally grateful.

Every day in captivity tested every fiber of my being. I lost 22 pounds as food and water became luxuries rather than necessities. The bullet wound in my hand, untreated and without pain medication, led to complete disability in my right hand. Yet somehow, I endured. In captivity, I found an unexpected lifeline—Emily Damari. We first met after undergoing horrific surgeries in Gaza, waking up in a hospital after anesthesia. Thirty-nine days later, we reunited in the tunnels and remained inseparable. Two injured girls, two functioning hands between us, two bleeding souls becoming one.

She was my light when hope abandoned me. When I collapsed to the floor, she lifted me with a smile. When I cried so hard I couldn’t breathe, she wiped away my tears. When I yearned for my mother, she held me tightly and didn’t let go. We fought together to survive, and on January 19, we were both released.

I am incredibly grateful for getting my life back. I owe so much to you, President Trump, for your decisive leadership in advancing a deal that many thought impossible. When I returned, I learned how you promised from your first day in office that you would bring all the hostages back. Your commitment created the breakthrough that led to my release along with 37 other hostages. You achieved what many diplomats and leaders deemed impossible. Your intervention made this possible, and I look forward to meeting you face-to-face to express my profound gratitude. I believe you will finish what you’ve started.

I also thank the brave soldiers of the Israel Defense Forces who risked their lives. I thank my family who, like the families of all the hostages, fought tirelessly, traveled across continents and refused to let the world forget me and all the hostages. Their unwavering advocacy and determination to bring me home sustained them through their darkest hours, just as thoughts of them sustained me through mine.

Since my return, the journey has been far from over. I’ve been hospitalized, undergoing a 13-hour surgery. I never imagined my condition would be so severe. I didn’t anticipate that my leg would lose function as they harvested everything possible to repair my hand. I never expected to need rehabilitation for months ahead or that I would face multiple surgeries instead of just one. The rehabilitation is incredibly difficult, both physically and mentally. But I will face it all—this is what I waited for during those endless days of captivity.

As I navigate this new chapter of healing and hope, I carry with me the memory of those dark days and the people who sustained me through them. I carry the responsibility to speak for those who cannot yet speak for themselves—the hostages still waiting for their freedom.

It feels especially meaningful to mark the first 100 days of Trump’s presidency near Israel’s Independence Day. But true independence cannot exist when our people are still held captive. Every living hostage deserves the chance to breathe free air and reunite with loved ones, while those who have perished deserve to be returned to their families for proper burial and remembrance.

My story is not just one of survival but of the enduring human capacity for resilience. It is about finding light in the darkest places and strength when all seems lost. It is about the bonds that save us and the hope that sustains us.

My journey—and Israel’s journey—isn’t complete until every hostage returns home. I believe in us. I believe in you, President Trump. Let’s bring them all home.

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