top of page

NVDA-OpenAI peak 'circular vendor financing' ? / Trump's UN speech and UTurn on UKR / Powell as exp

  • Writer: Stéphan
    Stéphan
  • Sep 24
  • 3 min read
ree

  • Donald Trump was more optimistic about Ukraine’s prospects (after meeting with Zelensky), saying it could reclaim all territory lost in its war with Russia with help from the EU. He also said NATO should shoot down Russian aircraft violating the alliance’s airspace

  • Markets : No real change from Powell (more cuts coming, and priced) and he mentioned that ''equities were fairly high weighted on sentiment'', Trump Uturns on Ukraine-Russia, Oz inflation 3% (top of range), Crude gets a little boost from prospect of Russian oil curbs, PALL also up nicely yesterday (Russian sanctions risk..), together with PLAT, GOLD (own it, but ''most overbought on the monthly charts in 45years) BTC and others struggled this week (not always but often a sign for risk sentiment overall), NVDA's $1trn AI pump announcement the other day 'failed' to lift stocks further (WOETH NOTING-short-term momentum etc)..Nvidia-OpenAI Deal: Proof Of AI Boom Or 'Circular Vendor Financing'? - this discussion is certainly gaining some tractions, it's obviously of HUGE interest for markets

  • Trade : Washington expects to finalize trade deals with some Southeast Asian countries within weeks, a US official says

  • Geopolitics : Trump was telling everyone he was losing patience with Putin, he sure has done a big UTurn after his meeting with Zelensky yesterday in/around UN, Trump to U.N.: ‘Your Countries Are Going to Hell’, 130 Chinese freight trains stuck at the Belarus–Poland border, Berlin is preparing a large-scale rearmament program worth €83 billion, which is almost entirely focused on European manufacturers

  • Global investors are effectively outsourcing their equity exposure to the U.S. because the U.S. system offers what other markets cannot which is deep liquidity, legal protections, and the dominance of firms that define the global economy/Thread

  • Bank of England and OECD Sound Warnings on Sticky UK Inflation 

  • China manufactures about 80% of the world’s solar panels, supplies 60% of its wind turbines, 70% of its EVs, 75% of batteries. China’s share of global clean energy patents stands at around 75%/BBG






BTC, ETH, Solana all struggled this week, not always, but often a sign for risk sentiment


OpenAI laid out its vision for a vast, $1 trillion buildout of computing warehouses across the U.S. and abroad


















 
 
 

Comments

bottom of page