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As exp, Trump flip flops on tariffs-Bessent (why talk at JPM conf? ) & Powell / #relief rally #SPX #Duration #macro

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

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  • Trump indeed got slapped on the face!, He's successfully negotiated against himself >>> said he had no intention of firing Powell...and that China tariffs wont be 145% this is not realistic, as we said 1week ago, you can put 2000% tariffs, its irrelevant, trade stops, its a trade embargo..Suspect Bessent threatened to resign, high tariffs not sustainable etc... leaving Trump in the mud, would clearly be a disaster (AS markets signalled/priced in bonds, USD etc..), #peaktariffs and relief rally - OK, but trade talks will go on for a while and the #macro US data will remain weak overall >>> THE UST bond market curve is telling Bessent '''hike, and fire Trump if you want long-end UST yields lower...'', UST bond auctions lter on today will be a tell.

  • Equity markets : SPX500 5000 to 5500 range, are there reasons to really get bullish beyond the relief rally ? probably not #macro Europe can still rally overall, Chinese markets too

  • Scott Bessent said the trade war between the US and China was ‘not sustainable’ and the countries would have to de-escalate their dispute. He told investors at a JPM conference (WHY at a JPM conference!!!???? another HUGE insider clearly!!) he expected Washington and Beijing to reach a deal in ‘the very near future’ but other people familiar with the remarks noted that there were no trade talks under way between the two countries (FT)

  • Putin offers to halt Ukraine invasion along the current front line as part of an effort to reach a peace deal with US President Trump source said (FT)

  • Yale is selling off stakes in PE investments in the secondary market to deal with funding challenges. Evercore is advising the endowment on its sales

  • If Trump wants rate cuts, he would likely need to replace the Fed’s full board along with Powell

  • China foreign minister : China & EU should shoulder INtl responsibilities, jointly defend multilateral trading system, and jointly build an open world economy

  • Tesla can’t make Optimus robot for US$20,000 without China, humanoid experts say

  • Lotus Technology Reports Unaudited Fourth Quarter and Full Year 2024 Financial Results



Key elements of insider trading, as defined by the SEC:

Material, nonpublic information:

This is information that could significantly impact an investor's decision to buy or sell a security and is not yet publicly available.

Fiduciary duty or other relationship of trust and confidence:

Insider trading often involves a breach of duty by individuals with access to inside information, such as company officers, directors, or employees.

Trading based on the information:

The purchase or sale of the security must be made based on the knowledge of the material, nonpublic information.

Violation of a duty not to trade:

The individual has a duty not to trade on the information, which is breached by the purchase or sale of the security >>>>> CLEARLY MOST OF US WOULD BE FIRED AND EMPRISONED IF WE DID SOMETHING ON THE BACK OF THE BESSENT JPM CHATTER...














 
 
 

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