The Stable Genius Report

• President Calvin Coolidge signed The Immigration Act of 1924, which restricted immigration.
• Coolidge stated that new arrivals should be limited by America's capacity to absorb them, to keep America 'American', requiring restricted immigration.
• The 1924 Act received overwhelming bipartisan support from Democrats and Republicans.
• The 1924 Act introduced tight immigration quotas, new visa requirements, established the Border Patrol, and banned immigrants from cultures deemed incompatible.
• The 1924 Act significantly reduced immigration, allowing a prior 'great wave' of immigrants to assimilate.
• American society thrived in the 1940s and 1950s, characterized by a booming economy, rising middle class, common culture, and limited immigration due to the 1924 Act.
• Since the 1924 Act's repeal in 1965, the US has experienced decades of extensive legal and illegal immigration.
• The current foreign-born population in the US is higher in both raw number and percentage than in the early 1900s.
• Current 'mass immigration' involves 'vastly different cultures' compared to the predominantly European immigration accepted historically.
• A national policy shift towards restricted immigration is needed again and should be bipartisan.
• It is time to enact another Immigration Act.
• The accompanying image visually represents a large number of people attempting to enter the US through a restrictive 'GATE' set at '3%', overseen by Uncle Sam.

The post advocates for a new immigration act. While significant immigration reform could influence labor supply, economic growth, and consumer markets over the long term, this post is a general call for policy rather than a specific, actionable economic policy announcement. It does not mention specific companies, industries, or immediate economic shifts that would directly impact the S&P 500 in the short term. Any market impact would be indirect and contingent on the development and enactment of future legislation.

The post focuses on historical and proposed domestic US immigration policy. It does not contain direct threats, ultimatums, or military references directed at other nations or international bodies. Therefore, it does not suggest a likelihood of international conflict escalation.

• Commodities: Gold (XAU) is unlikely to rise or fall, as there are no direct fear, inflation, or USD strength triggers. Oil (WTI) and industrial metals are also not expected to react, given the absence of geopolitical or supply shock references.
• Currencies (Forex): The US Dollar Index (DXY) is unlikely to see significant movement. The post discusses a long-term domestic policy, not immediate central bank actions, risk appetite shifts, or economic data releases that would impact major currency pairs like USDJPY, EURUSD, or USDCNH.
• Global Equities: S&P 500, Nasdaq, STOXX 600, Nikkei 225, and Hang Seng are unlikely to be impacted. The post is a general policy advocacy and does not present immediate economic catalysts or contagion fears relevant to global equity markets.
• Fixed Income (Bonds): US 10Y and 2Y yields are not expected to rise or fall. The post does not contain information related to monetary policy, fiscal changes, or flight-to-safety scenarios. Credit spreads are unlikely to widen.
• Volatility / Derivatives: The VIX is unlikely to spike or compress. The post lacks elements of immediate market uncertainty or systemic risk that would trigger significant activity in derivatives markets.
• Crypto / Digital Assets: Bitcoin (BTC) is not expected to behave as a risk-on asset or macro hedge based on this post. There are no immediate liquidity changes, significant regulatory news, or broad market sentiment shifts indicated to impact crypto assets.
• Cross-Asset Correlations and Systemic Risk: No breakdown in normal correlations or signs of margin calls/liquidity stress are indicated. The post does not present systemic risk factors.
• Retail Sentiment / Market Psychology: Unlikely to trigger significant retail speculation in assets like meme stocks or altcoins. The topic is policy-oriented and does not align with typical catalysts for short-term retail trading frenzies, though it may generate social media discussion on immigration.