Stéphan
Feb 153 min
SpaceX blasts private firm's lunar lander into orbit, few tense days now ! ahead of touch down on 22nd Feb
Stronger 0.4%MoM core CPI is not an aberration. The US economy has entered a new regime where inflation is on a higher plateau (normalization), leading FOMC to keep rates 'high for longer'
Druckenmiller dumped shares of Alphabet, Amazon and Broadcom while scooping up shares of beaten-down gold miners Barrick Gold and Newmont, Berkshire sheds some holdings, mum on new investment
UK & Japan ''recession'' alarms, as NIKKEI hits near all time highs (only 'just' short of the1989 highs at moment)
Forecasters who translate the CPI into the PCE are currently tracking January core PCE to rise 0.3%, which would lower the 12-month rate to 2.7% But these figures are preliminary and could change after the PPI is released on Friday
NatGas prices hitting 3year lows, not too far off 25y lows (good news!)
Train review: What it’s like to ride the Venice Simplon-Orient-Express
New Zealand central bank governor Adrian Orr has issued a warning about crypto currencies such as stablecoins, saying they are no substitute for fiat money
Markets : Equity markets didn't stay down for long at all ! soonest it got quiet yesterday, VIX went straight back down, and markets came back gradually.. BONDS - flatter, coming back fairly easily too
Nick Timiraos on X: "Forecasters who translate the CPI into the PCE are currently tracking January core PCE to rise 0.3%, which would lower the 12-month rate to 2.7% But these figures are preliminary and could change after the PPI is released on Friday https://t.co/mZzZMYOmHJ" / X (twitter.com)
JPMorgan Asset Management quits climate action group (ft.com)
UK economy fell into recession at the end of 2023 (msn.com) 0.1 here and there will not make much of a difference to most folks but there you go
Japan is no longer the world's third-largest economy as it slips into recession (msn.com)
BoJ will send the hawks from time to time but will simply do nothing then...
Markets 'overly optimistic' on rate cuts, managers warn - FTAdviser
TSMC shares hit record high after Morgan Stanley lifts client Nvidia's price target on AI chip demand (msn.com)
Druckenmiller dumps Alphabet, Amazon and Broadcom; Nvidia remains largest holding - MarketWatch
Holger Zschaepitz on X: "There seems to be no stopping #Nvidia's scorching rally. The day after surpassing the market value of #Amazon, the chip giant has now overtaken #Alphabet as well. Nvidia's stock has climbed ~49% YTD and added some $602bn in value, BBG has calculated. https://t.co/5pshHsojHM" / X (twitter.com)
Dividend Growth Investor on X: "Warren Buffett's Portfolio Holdings at Berkshire Hathaway updated as of 12/31/2023 https://t.co/5yH6ff0prc" / X (twitter.com)
Berkshire sheds some holdings, mum on new investment (msn.com)
How The Richest Democracy in the World Abandons Americans (hartmannreport.com)
New Zealand Central Banker Slams Stablecoins as ‘Oxymorons’ (yahoo.com)
SpaceX to take 100 Starlink satellites out of orbit (qz.com)
and
OSINTdefender on X: "On February 9th, the Cosmos-2575 Mission was launched by Roskosmos using a Soyuz-2 Rocket carrying an “Unknown Payload into Space for the Russian Ministry of Defense.” https://t.co/Ppdsogf8Y7" / X (twitter.com) OSINTdefender - The National Security Threat reportedly involves the Russian Military attempting the Deployment of Nuclear Weapons into Space for use against Satellites.
Limiting litigation funding will prove we learned nothing from the Post Office scandal (cityam.com)
This looks just amazing Train review: What it’s like to ride the Venice Simplon-Orient-Express (cnbc.com)