Amundi to 'reduce U.S' / EU trade deals / Epstein files 'tip of the iceberg' , Thiel/ Starmer on way out / U.S techs 'reduce'

Stéphan
11 minutes ago
3 min read

Markets : Epstein files could well be bigger than watergate!, tip of the iceberg so far, Spain PM calls social media out, Fed's Cook 'wait and see' on rates, Trump warns Iran's supreme leader, UK's Starmer looks on his way out (First of many heads to roll), Amundi to reduce US investments over next 12months (Amundi is not just a ''small Danish PF... ''...overvalued anyway..makes sense..) >>> software, techs etc clearly under the hammer/momentum breaking/quants selling, sell rallies overall, reduce, look for new opportunities in the value world (there are plenty..), BTC on lows (Saylor and Co..?), FX pretty zzz''s to be honest, 10's UST 4.27% pretty quiet too (yields on recent highs though)
Trade deals : EU and Australia sign a massive trade and security deal, after Mexico, Mercosur, India.. this will bring Europe to a superpower, about time!
Geopolitics : U.S., Iran Agree to Discuss Nuclear Issues Friday in Oman. Talks had been in danger of collapsing over the agenda and location. (WSJ)
Palantir owner Peter Thiel, who holds hundred million pounds of sensitive UK Govt contracts facilitated by Epstein associate Peter Mandelson, was co-owner of billion dollar fund with Jeffrey Epstein. Both connected to senior Russian officials
Private credit is headed for a 'software' shock, quant-momentum trades unwound (Thread) not too dissimilar to previous sharp corrections, NVDA investment into OpenAi has seemingly vanished (we warned about these 'circular investments'..),
The US has $38 trillion in debt. It grows by $6 billion per day—not per year, per day. The US added $1 trillion in debt in just 71 days last year, probably nothing to worry about..
Amundi, Europe's largest asset manager with $2.4 Trillion in AUM, will reduce exposure to the U.S. over the next 12 months