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CanadaFirst : crude / Biden's student debt plan illegal / UKR-RU major risks loom still / Draghi IS right ! / GOLD..

  • Writer: Stéphan
    Stéphan
  • Feb 19
  • 4 min read



  • Markets : After DAX, XLF, China Tech and even ARKK - who is the next potential laggard catch-up play? #GDX ?...We are clearly in a "broadening bull", which happens in the later stage of an overall bull market, when suddenly and quickly things happen.. GOLD keeps on going, XAG not too far behind.. XPT, PALL should follow too.. Mixed signals otherwise in FXland, continue to think that USD struggles in months ahead...Trump's fury could be left a little isolated soon.. (DOGE, foreign politics, taking control of the law even is not going to end well..one can fear.. JOBLESS claims will soon start to rise too, bankruptcies on the increase too and tariffs will COST Americans and slow GDP...)

  • Draghi to European ‘Politicians’: You can't say NO to everything! But DO something!

  • UKR-RU : Major risks loom as Trump upends US Russia policy... no quick resolution and Trump's tariffs are likely to raise US PCE inflation by 0.7% and hurt GDP by 1.2%

  • A Trump official just announced that Trump has signed an executive order claiming that ONLY the President and Attorney General can speak for “what the law is.”.... is this how a constitutional crisis start ?....

  • US appeals court rules Biden’s student debt plan relief plan was illegal >> just imagine the system going after late payments now...for 5 years..!..

  • Fed Governor Bowman says more progress on inflation is needed before further rate cuts, same as Waller

  • Canada : Carney : Canada subsidizes oil sold to the USA, selling it at a 25% discount. That costs Canadians billions every year that could go towards building our infrastructure and social programs. No more free ride for #Trump's America. End the subsidy. Sell at fair market value. #CanadaFirst

  • Japan : with inflation well over BoJ target levels and economy improving, there is no need whatsoever for BoJ to remain so cautious >>> cleanest trade is sell JGB's, then higher JPY, 120 #USDJPY this year anyone ?

  • German election (prediction : Merz will do it..) : "450 million citizens in the EU. More than the US and Canada combined". Chancellor frontrunner Merz says he wants a more integrated Europe as envisioned by Macron and Adenauer. Even a European Army

  • Jeremy Bowen: No sign of a quick peace dividend for Trump in Ukraine. Putin thinks he is a better poker player than Trump/Economist

  • The trade deficit is really a macroeconomic imbalance, it comes from this lack of desire to save and this lack of desire to tax. Until you fix those things, the U.S will run a trade imbalance

  • UST's : heavy 7days of UST issuance coming up with above normal month of long-end auctions with Thursday's brand new 30-year $9B TIPS

  • Congressman Greg Casar from Texas revealed that five inspector generals were fired to prevent impartial investigations into Musk’s companies to “reduce waste.” Musk currently makes $8 million a day from the federal government

  • "The loss of German manufacturing jobs has been masked by a broader shift in employment trends," the FT notes, citing employment growth in services industries such as real estate, healthcare, communications and public administration

  • #ARS Javier Milei was doing so well, then why on earth did he get greedy, it's over....

  • The last time the EuroStoxx50 printed a new ATH was on 14th March 2000 … 25 years later we just did it yesterday again !

 









Few days ago but very relevant long-term, not a coincidence Jack Ma and Co had their meeting with Xi the other day...





XAU, XAG and eventually XPT PALL etc





 
 
 

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