top of page
Search

Stargate Ai project unease / More tariffs threat from DJT / UK & pan-EU customs scheme / EU NatGas prices up

  • Writer: Stéphan
    Stéphan
  • Jan 23
  • 3 min read



  • Trump is coming to Davos, virtually, speaks at 4pm LDN time, BoJ meeting next up tomorrow, about 20bps hike been priced for a while

  • Trump delivers fresh tariff threats against EU, China and Russia. Trump tells Putin to reach Ukraine deal 'soon' or U.S will increase sanctions >>> Trump put Putin in a tough spot with his 'ultimatum', pretty sure this is not the way Putin expected things to go

  • President Donald Trump to consider abolishing the Federal Income Tax, another idea! this would almost certainly mean bigger tariffs to pay for it, what if tax is down to 10%, so many variables, Trump is ''throwing a kite'' on quite a few things..

  • JP Morgan CEO Jamie Dimon says, "if tariffs come, they come. Get over it!"

  • Musk Pours Cold Water on Trump-Backed Stargate AI Project, Microsoft CEO was just asked about Musk, saying Project Stargate doesn't have the money to invest “All I know is, I’m good for my $80 Billion” >>> SoftBank has $38b in cash, $142b in debt and generates $3ish billion in FCF per BBG, maybe Musk has a point !

  • GS : BOE could cut interest rates 6 times by the middle of next year in response to sluggish economic growth; f/c rates falling to 3.25% by Q2 ’26, believes that markets are pricing in too few reductions

  • Quantum computing could go big this year. Here's a glossary to get you started. Google said its latest quantum chip, Willow, achieved an almost three-decade-long challenge

  • China prods insurers to invest billions in latest move to support markets

  • This is a crazy stat: "Only 29% of S&P 500 companies have outperformed the index over the past two years, one of the lowest levels since 1990." - BofA

  • European NatGAs prices for 2025 summer delivery have risen to an unprecedented premium of EUR 4.6/MWh over next winter/Saxo

  • Bitcoin can hit $700K says Larry Fink/ clip of interview below

  • Keir Starmer tells BBG : ''he is “putting builders first, not the blockers” as he announces curbs on judicial reviews delaying major infrastructure projects'' >>> EU 'could consider' UK joining pan-Europe customs scheme, ''open to ambitious reset with UK on food/farm exports and pan European customs rule of origin area''


 











Six interest rate cuts by middle of next year, says Goldman Sachs >> seems like a lot! some 75bps away from market pricing!








 
 
 

Comments

bottom of page