Fed Warsh talks 'regime change' / Crypto bills passed, 401K access / GOLD, #XPTUSD, #XAG, #PALL ⏫ still

Stéphan
Jul 18
3 min read

Crypto.......no gold looking coins there, just coding
Markets : Trump plans to open ($9trn worth of) 401(k) and IRA markets to crypto, FED's Waller talking cuts in Sep, FED's Warsh touts 'regime change'.., China threatens to block Panama canal, 16-17year olds get to vote in UK elections, everyone trading 0DTE momentum !!, Trump health and erratic stuff is getting out of control, there is more behind the Epstein files that's for sure, THE ROBOTS AREN’T COMING...they are already here (THREAD) >>> overall equity markets been 'FOMO'ing' in low vols, and 0DTE daily momentum, NVDA, drones & satellites stuff, techs melting up, precious metals doing very nicely too..'risk' almost look to good to be real !
Kevin Warsh touts ‘regime change’ at Fed and calls for partnership with Treasury, and Federal Reserve Governor Christopher Waller said policymakers should cut interest rates to support a labor market that is showing signs of weakness.
Fed's Waller believes it makes sense to cut the policy rate by 25 basis points, saying "the risk of a weaker jobs market is greater and sufficient" to do so.
WSJ alleges Trump wrote a bawdy letter to Epstein in 2003. He called it “fake news” and says he will sue - shifting the narrative back in his favour with MAGA(?); as Trump told AG Bondi to allow the Epstein Grand Jury files to be unsealed Friday, subject to court approval
Powell : the actual timing of the new FED chairman is less important than the overall influence he has on the entire committee, which will drive USD lower, UST curve will steepen/go positive and inflation will be very stubborn around 3%, its not all bad for equities, we continue to focus on quality/value/solid dividends for our clients >>> It's a Captain Obvious point but: this is setting up to be the most unusual Fed chair succession in over a generation. The first since Volcker succeeded Bill Miller in which the incoming chair promises to take the Fed in a very different direction from his or her predecessor/THREAD
Germany and the UK sign first treaty since World War Two
#XAUUSD : Central Banks turn to local Mines for Gold as prices surge #XPTUSD #PALL breaking up again, XAGUSD set for $40-50 new range soon #SILJ up and away long-term charts required..
Bank of England scrutinizes lenders for dollar risk amid Trump worries, sources say
Denmark’s Minister for Economic Affairs Stephanie Lose says the EU remains constructive in the trade talks but will be firm that it is ready to defend its own interests