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BoE hikes / U.S-Russian diesel shunned / NVDA did same as CISCO in 2000!/ SOXX, AI, data centre trade over / USD ⏬

sc0172
14 minutes ago
4 min read

  • Markets : absoluteTech bloodbath globally took another leg, the warnings signs were there to be seen over the last few weeks ..!!.., BoE hiked to 4%, U.S Banks are turning cautious on lending, according to the Fed, Nvidia is now 8% of the S&P 500, double what Cisco was at the top of the dot com bubble and it's making the EXACT same mistake, see below !!, the BIG AI 'momentum trade' is done, the bubble is popping, continue to switch into PM's and our ''value proposition'' ( PVM Multi-Asset Class Value /asset-management/pvm-global-equity-long) ) , in FX a 'long JPY vs USD or CHF' makes a lot of sense #PPP valuations >> next up NFP and some calm after the storm ? many will need it, including the likes of Aschenbrenner ! whos been rumoured to have imploded again..clearly some BIG HUGE leverged TECHs portfolio got unwound, again, given the SPEED of the selling soon as markets opened yesterday...not so much about the medterms, sell-of started WELL before the election, HUGELY crowded trade met forced selling and CAPEX commitmens were questioned !!... the signs were there

  • #NVDA : Cisco lent money to the telecoms buying its gear in 2000 because they couldn't pay for it any other way, and when those telecoms went bust, Cisco lost 89% and the S&P 500 lost half its value. Nvidia is doing the same thing today, guaranteeing its customers' leases and buying stakes in the very companies that buy its chips. The more it sells, the more it's on the hook when those customers can't pay

  • Marco Rubio is on resignation watch, not going to kiss Trump's ring anymore!!?...that was fast..., RFK Jr and Hegseth will be fired soon probably, many quitting the sinking MAGA ship even quicker than anyone would have thought... >>> A Pentagon intelligence report now directly describes Iran as an "emerging" space power capable of challenging U.S. military operations across the Middle East, despite American strikes on key Iranian space facilities, per the DIA via Axios.

  • UKR-Russia : Democrats have made renewed military and financial aid to Ukraine a priority. With support from Republicans, most of whom back Ukraine, they could override Trump’s veto. US buyers are shunning Russian diesel for fear of legal consequences >>> Trump says Russia-Ukraine deal is near after meeting Putin’s envoy

  • Meta President Says Midterm Results Will Make Building Data Centers Harder - WSJ

  • ESG fund withdrawals reach £4bn this year amid ‘credibility problem’, something we been talking about for a long while..


#USDJPY totally agree, we also like short CHFJPY

GOLDMAN SACHS: SHORT USD/JPY IS THE BEST FX HEDGE AGAINST AN AI SELLOFF Goldman Sachs recommends selling the US dollar against the Japanese yen to hedge against a potential AI-driven stock market decline. The bank analyzed the 20 largest episodes since 2000 when equities and bond yields fell simultaneously, finding that the yen consistently stood out as a defensive currency. Goldman argues that a sharp AI selloff could trigger falling Treasury yields and renewed demand for the yen.


Grundlach : “Affordability” seems to be the mandate for the new Democrat majority. So they need to either find a “magic wand” to bring prices down quickly, or they need to….give money to people (so the high prices are made “affordable”) yet again. Only causing more inflation >>> good point! monetary policy as it exists will ALWAYS make affordability worse for the mid to lower class, always, its a bipartisan approved issue, but no-one dares challenging it...


Been warnings about that circular economy for a while... now its getting some traction...













'''This should be enough to get Trump out of office'''


































 
 
 

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