Dieselgate / AMZN moving chips to SPV / Q4 : Global, UK, U.S France bond risk in investors focus / JPN inflation higher

sc0172

4 minutes ago

2 min read

Europe is finding itself sandwiched from all sides when it comes to refined products — diesel in particular (some of the damage is due to the US-Iran war; some is due to Ukraine-Russia; some is due to China, and a lot is self-inflicted). Policy response: Head in the sandAmazon seeks to shift about $8bn of NVDA's chips off its balance-sheet, and lease them back with investors providing financing (CoreWeave did the same, same as hyperscalers do, NVDA finances companies to buy NVDA chips..and these companies hige the debt in SPV's..>>> This is most-desperate thing 'ever'..but so 2026 !...
Markets : 'Welcome back,’ says Macron, as British PM opens door to EU return (repeat..won't happen, can't happen, but closer to EU, bilaterals type scenario, sure is a 'must'), US tells France and Germany to release diesel stocks or face US export ban, Fed’s Lorie Logan said rates need to rise to fully cool inflation, suggesting US yields may also help slow the economy, Investors dumped the BlackRock Mortgage Bond ETF last month at the fastest pace in history, surpassing the Global Financial Crisis and Covid, bank continue to weaken (GS is now 20% off highs-for example), JPN Inflation 2.7% (exp 2.3% - BoJ's target blown through) >>> French bonds a clear issue for EURO going into 2027, bond market sell-off beginning to really hurt, and repricing of risk buckets happening (heavily geared companies in big struggle), clear 'risks' going into Q4 2026.. (diesel, Middle east still, hyperscalers 'off-balance-sheet' deals, plenty of elections coming up, with Brazil first round this weekend, US med-terms soon ! andof crouse France next year
US deploys more troops | The Pentagon will deploy 10,000 more troops and a third aircraft carrier to the Middle East, | Iran is preparing a broader and more forceful response if the United States resumes large-scale military attacks
Japan’s prime minister says her policies will boost confidence in the yen after U.S. intervention falls short