''Gradual tariffs most likely'', USD softens, risk up / GAZA deal in sight / Key U.S PPI & CPI tom
- Stéphan
- Jan 14
- 3 min read
Trump Team Studies Month-By-Month Tariff Hikes Of 2%-5% - BBG - Trump Still Hasn’t Reviewed Or Approved Gradual Tariff Idea >>> SOFTER stance, Bessent (very much in charge..3x3x3), Hassett, Miran Discussing Gradual Tariffs, People Say >>> next up KEY : forecasters expect the December (PPI first) and tom CPI to show that core prices rose a bit less than in November, up 0.26% to hold the 12-month rate at 3.3% The median forecast has headline CPI rising a bit more, pushing 12-month inflation to 2.9%
Fitch : economic losses related to California fires range from $150B to $275B
Gaza deal 'can get done this week': White House, Hamas also said last night that they were keen on reaching a ceasefire deal in Gaza..
An out-of-the box idea for China and Trump
Washington and Beijing should conduct a joint intervention on the renminbi
Earnings Growth: For Q4 2024, the estimated (year-over-year) earnings growth rate for the S&P 500 is 11.7%. If 11.7% is the actual growth rate for the quarter, it will mark the highest (year-over-year) earnings growth rate reported by the index since Q4 2021 >>> seems rather optimistic..Goldman Sachs sees equities being priced for perfection. While much of the gain in equities over the last few years had been driven by better fundamentals, valuation expansion was also material. The growing disconnect between stock performance and interest rate expectations is also worth cautioning
Theodore Roosevelt started a version of DOGE too, but it failed to achieve much after Congress rejected its recommendations
CBO Estimates $710 Billion Deficit for First Three Months of Fiscal Year 2025
Russia oil sanctions cut Trump wiggle room on Iran
L.A.’s fire nightmare may carry a $150 Billion price tag
EU shipyards are fixing Russia’s Arctic LNG tankers
OIL MARKET: After meeting President Trump in Mar-a-Lago, Alberta Premier Danielle Smith says Canada should prepare for 25% tariffs starting on Jan 20 on all US-bound products, ***including on crude oil***
Louis Curran on X: "Co-Ordianted PBOC/USTR FX Intervention In ( $USDCNY ⤵️) To Offset Sanctions - IDEA An out-of-the box idea from Former US Treasury Official suggesting sales of the Dollar vs RMB would work for both nations. I agree Note the surge in China exports ( now at 1.0 Trillion https://t.co/DJY5z4n8zw" / X
Mind control monopoly ! all going far too far
Tough hurdles ahead
Must admit.. makes a lot of sense
A time for truth and reconciliation A time for truth and reconciliation
Trump’s return to the White House augurs the ‘apokálypsis’ of the ancien regime’s secrets
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