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Crude prices down / USD, UST yields peaked, GOLD & PM's sharp turnaround / MAGA movement questioned already

sc0172
11 minutes ago
2 min read

  • All those who kissed the 'Trump ring', will switch pretty quickly...The Republican Party’s generational collapse in this week’s midterm elections ushered in a wave of finger-pointing largely aimed at the Oval Office, exposing deep fissures within the party and opening the door for 2028 hopefuls to hone their message, end of MAGA movement >>> Trump's next two years: Impeachment battles over Iran, DOGE, White House construction & crypto deals..

  • Iran officially announced exemption to four countries - China, India, Iraq and Qatar from transit restrictions in the Strait of Hormuz, Germany finance minister to seek renewed US ties with US Democrats, Yemen’s Houthis are now directly demanding $51 billion from Saudi Arabia as compensation for years of airstrikes and blockade, along with official recognition of Ansarallah as Yemen’s rulers, as baseline conditions for ending the war, per The WSJ.

  • Markets : Anthropic plans to open its IPO to retail investors in the UK, Japan, Canada and Australia (..overhyped IPO, they looking for retail exit liquidity now..), EU zone inflation hits 4% (3y highs), RBA's Hauser: Inflation is too high, whichever measure you use, crude heads lower >>> USD peaked, UST yields 'peaked', GOLD recovers/ sharp turnaround from oversold levels (XAU; XPT, PALL etc), risk recovers rather swiftly too ! Trump related stocks didn't #DJT

  • OIL : physical oil market is now pretty much fully balanced, when shipping, insurance costs drop, priced will fall IMHO... perhaps quite sharply >>> mr market is net long a LOT of Oil futures on fear, war etc

  • New Brazil law forces companies to answer 80% of customer calls with a human

  • Google offers voluntary exit packages to staff in Canada, France, Germany, Japan and Switzerland

  • New poll shows over 80% of Americans put corruption as a key issue over the economy

  • As Republicans suffered a landslide defeat and Texas elected its first Democratic governor in more than three decades, one of the biggest losers of the US midterms was not on the ballot: billionaire Elon Musk

























 
 
 

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