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Writer's pictureStéphan

RRP drain / IWM vs QQQ / U.S sales down, UK up / VdL more defense spending / DAX ATH's / U.S PPI up next



  • OpenAI is reportedly making its own search app to compete with Google/Thread

  • CRE crisis - Deutsche Pfandbriefbank AG said it's bracing for an ongoing decline in commercial real estate

  • Why does rising inflation (i.e., CPI) mean little for US stocks? ..The Fed is actively allowing QE to happen right now, by allowing the USD's they printed into the RRP account 2020-22 to drain, which is being used to buy UST's / Thread

  • Weak UK GDP, technical recession, and today ''Strong January retail sales raise hopes UK already ‘moving out of recession’'' >>> volatile consumers, up & down data

  • JPMorgan Chase, the largest bank in the world (and State Street), has announced that they are abandoning the UN-backed climate group Climate Action 100+

  • JPM “.. Our central case remains that equity upside is limited from here, constrained by the fact that investors equity allocation globally is approaching the post-Lehman high seen in early 2015.”

  • A tempestuous day in multiple courts deepens Trump’s legal imbroglio

  • ECB's Schnabel: We must be cautious not to adjust policy stance prematurely

  • Russia has obtained a ‘troubling’ emerging anti-satellite weapon, White House says

  • Von der Leyen says European Commission will seek to boost defence production, Zelensky visiting Berlin today

  • Japanese Finance Minister Shunichi Suzuki said on Friday that a weak yen has its merits and demerits although he was concerned about the negative aspects of a weak currency, he even added 'difficult to identify the cause of a weak JPY'...

  • Markets, big caps 'slightly down' yesterday ( #AAPL $180 support area pretty big technically-chart below) and QQQ up, risk continues to rotate around, as U.S retail sales were softer than exp (UK sales stronger in contrast), U.S markets, DAX, Nikkei all time highs (recession calls ? no-one seems to care). FXland, JPY should stay weak(er) much depends on BoJ circus, BTC, crude, Gold, Silver up yesterday soonest yields don't go up, fairly typical reaction. Crude WTI approaching $80 again on nevus geo politics, last thing Mr Market needs a higher inflation risk on energy/crude prices...

 


The involvement of German banks in the US real estate market | Börsen-Zeitung (boersen-zeitung.de) A lot of very questionable things been going on under the bonnet !




Nicely put together is plain english







Patience they say!




Very close to 'home' - good grief


AAPL - $180 area key - one of the 'shorts' within the Mag 7


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