Trump's tariffs just to occupy media, get all the DOGE stuff quickly, hoping that no one will see what's going on there...! China hits back at Trump's tariffs, relatively mild response (Google hardly used in China..), Mex & Canada a domestic political theatre (concessions were little things that were agreed 6months ago..), but a few nice reactions in Mexico, Danmark (Greenland military base), Macron (defense spending), tariffs with EU matters most though, could get ugly, so beware. Trump wants rare minerals and access to Ukrainian resources, for continued military aid. Worthy trade off..
For markets : generally speaking higher vols, will force a few to reduce risk overall, you don't want to own what everyone owns... (Big techs Mag7 etc), but be opportunist, let markets come to you, there will be plenty of opportunities ! FX overall, USD likely stays firm although feel this is the last USD bid scenario with tariffs talks, deregs are deflationary, and tariffs could also very well slow few things down economically speaking, as many firms 'hold' on to making big decisions for a while
American military surveillance aircraft for the first time are operating freely over Mexican sovereignty territory hunting for Sinaloan cartel gang cells, clearly an agreement between Mexico and the US has been struck, Mexican authorities have captured and detained the leader of Cartel del Noreste, "El Ricky.” Not a coincidence, tariffs in play
Denmark says open to expanding United States military role in Greenland
OPEC+ has officially ditched United States government data from the sources used to monitor its production, not playing with Trump
FED's Goolsbee Says Trump Policies Could Slow Fed’s Rate Cutting, few of them will be lined up to come out hawkish now
FT-Trump is sowing the seeds of an anti-American alliance
President Macron: "France will double its defense budget through two military programming laws, launching major projects. We need more European funding, both public and private, with a simplified financing approach. Europe must act together in seven key sectors."
Trump orders creation of US sovereign wealth fund, says it could buy TikTok
#MSTR halted BTC purchases, Why a new rule helped #TSLA get $600M in Bitcoin gains But may cost MicroStrategy Billions
UK will ‘stay resolute’ in commitment to working with US and EU, says Starmer
Donald Tusk, "We have to do everything to avoid this totally unnecessary and stupid tariffs war, or trade war" "But at the same time we cannot loose common sense, we cannot loose awareness of our interests"
DeepSeek’s breakthrough emboldens open-source AI models like Meta’s Llama
Reminder : "I think we're in a long-term bull market in Gold. We're seeing reserve accumulation by CBs. I follow it closely. It's my biggest position. Even I was surprised when Poland said they want to take their Gold reserves to 20%." - Scott Bessent Nov 2024
Farrukh on X: "Donald Tusk, "We have to do everything to avoid this totally unnecessary and stupid tariffs war, or trade war" "But at the same time we cannot loose common sense, we cannot loose awareness of our interests" "At the same time, we cannot lose our European self respect and self https://t.co/WwWtLBQS2B" / X
Kind of agree with this take Joseph Wang on X: "Trump's 25% tariffs look less like a negotiating tool and more like the first step in realizing his long articulated economic vision. Tariffs encourage businesses to make in America, and could raise $1t over 10 years. The markets still misunderstand him. https://t.co/32L2vO1epl" / X
Vitor Constâncio on X: "According to the ignoramus-in-chief a bilateral trade deficit with one country means “subsidizing” that country. https://t.co/7jNFUSv8oM" / X
Trafigura fined $3m in landmark bribery ruling :: Lloyd's List It is the first time an entire company has been convicted by Switzerland’s federal court, which also convicted former chief operating officer Mike Wainwright
Comentarios