The week ahead: It's Cracker Barrel's turn in the barrel

Roughly 54 years ago, Richard Nixon ended the Bretton Woods system, replacing a monetary order backed by gold with one that relied on fiat currency. It was a momentous change in finance, with repercussions still felt today.

But many don’t realize that something similar happened this January, when President Trump replaced the old political system with one that runs entirely on dopamine hits.

While there are many benefits to this system, its major downfall is that dopamine fades quickly, and requires a constant source of new stimuli. A few weeks back, National Guard deployments had everyone's neurons popping. But now, when you hear about a possible deployment in Chicago, it just feels like another Monday.

Luckily, there's always an old favorite we can turn to in order to get our brains pumping again: woke CEO outrage!

The latest CEO to step on the MAGA hornets' nest is Cracker Barrel's Julie Felss.

What sort of woke hijinks did she get up to? Did she introduce "bottom-friendly" biscuits and gravy to the menu? Did the chicken in the chicken-fried steak used to be a rooster?

Nah, she just changed the logo.

In all fairness, the new logo does suck. And I understand why people get upset when the powers that be needlessly change things for no discernible reason. But some people are taking it a little too hard...

Look, I once saw Vishnu at 3:00 AM in the bathroom tile of a White Castle restroom. And it was a powerful experience. But that doesn't mean the company can never change its logo.

At any rate, I personally don't think this one is in the same ballpark as the 2023 Bud Light drama (NOT TRADING ADVICE). And I don't think the hardcore MAGAs are ready to grab their bear spray and storm the Cracker Barrel gift shop.

And for right now, it looks like most traders agree with me, since there's only a 29% chance Felss gets ousted.

But we'll see.

As we mentioned above, the President is reportedly considering National Guard deployments to major cities. That might sound like an Obama-era Alex Jones fever dream, but our markets indicate it's a real possibility.

Odds of a Chicago deployment spiked above 70% over the weekend (although they have since fallen back to around 50/50). Odds of a Baltimore deployment have also spiked to 42%, while New York has jumped to 38%.

Will it happen? Click here to make your trade.

Last but not least, the US Open began in earnest yesterday in Flushing Meadows, New York. Currently, Jannik Sinner is the favorite, with traders pricing his odds at 49%. Iga Swiatek is also favored to win the women's singles, with current odds of 29%.

Click here to trade on all of the men's and women's matches.

🗓️ Monday

🗓️ Wednesday

🗓️ Thursday

🗓️ Friday

🗓️ Saturday

🗓️ Sunday

New markets you might have missed.

Random markets Terry would love to trade if he didn't work here.

Good news (relatively speaking)!

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