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Extended blockade?.. WTI $100+ / JPM's Dimon on credit / BIG earnings after the bell tonight / FOMC : cuts off table ..?

  • sc0172
  • Apr 29
  • 4 min read

  • FOMC : could the message be 'rate cuts off the table for long while'

  • Iran update : Trump Tells Aides to Prepare for Extended Blockade of Iran. The president prefers decisive victories, but none of the available options provides him with a swift exit from the conflict

  • Markets : JPM on AI data center spending. Eye-popping projections (Thread), The U.S. wants to ban China’s High-Tech cars (can't compete fast enough..), Gold reserves have eclipsed adjusted dollar reserves, big earnings day after the bell (AMZN, META, Google and MSFT), China's Real Estate Market has erased all gains from the last 20 years, Hedge fund repo borrowing is now up to a record $3.4 trillion (Thread) >>> regular question coming through "If oil prices are above $100/barrel and the Iran War isn't over, why are stocks at record highs?"... let's see how goes after FOMC (no cut for longer ?..partly expected mind) and MAG4 earnings after the bell ! >>> we've had a huge rally since early April, worth considering a hedging trade from here! #SPX500 #QQQ

  • Jamie Dimon today: "The way it's going now, there will be some kind of bond crisis.", he added that 'credit downturn will be worse than people think', he is the head of the largest U.S bank after all..

  • UAE says it's leaving the OPEC oil cartel from May 1. "... Following its exit, the UAE will continue to act responsibly, bringing additional production to market in a gradual and measured manner, aligned with demand and market conditions..." >>> pretty clear they want to pump more oil over time..Iran War amplifies UAE isolation and rift with Saudis

  • Wall Street banks boost Treasury holdings to highest level since 2007

  • Iranians Feel the Pain as Their Economy Descends into a Death Spiral. Businesses are closing, unemployment is soaring, and food is increasingly unaffordable. (WSJ)


King Charles to President Trump:


“Indeed you recently commented, Mr. President, that if it were not for the United States, European countries would be speaking German. Dare I say that if it wasn't for us, you'd be speaking French”


One of the more memorable lines of Jay Powell's tenure came almost exactly two years ago when he dispatched a question about stagflation. Inflation had been steadily improving, the economy was solid, and the premise was far enough removed from reality that Powell quipped, "I don't see the 'stag' or the 'flation,' actually." Fast forward to this week. Powell's last meeting as chair caps a stretch in which the parallel to the 1970s isn't as easy to dismiss. The focus this week—aside from the looming "regime change"—will be on a quiet committee debate over whether to admit that rate cuts are off the table








Robinhood stock crashes -8.5% after-hours as the company reveals it will cost $100 million to integrate Trump Accounts.




















 
 
 

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