DC national guards / TACO : 90 days pause with China / Intel CEo flip-flop / RBA cut / U.S CPI up next
- Stéphan
- Aug 12
- 3 min read
Trump now says he’s considering using the same federal takeover he just imposed on Washington, D.C., to seize control of New York, Chicago, and “other cities.”
Markets : NIKKEI all-time-highs, as expected RBA cut 25bps to 3.6%, as Trump extend China truce for 90 days (more TACO, what else), and The Donald flipp-flopped on Intel CEO too (as exp..), Trump to join European leaders on emergency call before Putin talks, Why does Trump want to talk to Putin alone .. (coins, rare earth, real-estate, acess to financial markets?).. U.S CPI up next, and market will then focus on Friday's meeting
President Donald Trump extended a pause of tariffs on Chinese goods for another 90 days into early November, stabilizing trade ties between the world’s two largest economies.The extension will ease worries of a renewed tariff war and gives the countries more time to discuss other unresolved issues such as duties tied to fentanyl trafficking and US business operations in China
Brazil-US meeting canceled amid tariff dispute, says finance minister
Michael Hartnett, Bank of America Chief Investment Strategist (August 2025): “Central banks will be forced to revalue gold reserves to reduce domestic debt burden very positive gold.”
Moody’s Analytics chief economist Mark Zandi -- who is pretty darn mainstream -- says "More than half of industries are already shedding workers, a telling sign that’s accompanied past recessions"
A record 91% of fund managers surveyed by Bank of America now believe US stocks are overvalued-chart available on request, and average cash position is 3.9%, which is
Trump opens door to sales of version of Nvidia's next-gen AI chips in China
U.S Employment components for both ISM Manufacturing (blue) and Services (orange) are in contraction and trending lower
GOOGLE AND IBM BELIEVE FIRST WORKABLE QUANTUM COMPUTER IS IN SIGHT
St.Louis FED : After paying for essentials, the lowest-earning 40% of households had very little money left over. Some actually spent more on essential items than they earned in 2023 >>> they clearly saying that 'disposable income is suffering'
Aaron Rupar on X: "Trump: "There will be some changes in land ... Russia has taken some very prime territory. They've taken largely ocean -- in real estate we call it oceanfront property. That's always the most valuable property." https://t.co/DeyJnC7oDF" / X
All he wants is access to rare earth and russian financial markets, when they reopen, and he will get russia to buy his 'coins' too..backhanders galore...
Michael Pettis on X: "1/8 SCMP: "Beijing now employs a wider arsenal of tools to manage volatility, with the key challenge being whether the yuan can open the door wider to market pricing and secure a larger international role – without destabilising swings." https://t.co/yFCTtPVaqi" / X
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