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...