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Poland : article 4 invoked / Lutnick on Uni's / CBO : U.S debt $150trn by 2055 / PPI 'softer' - CPI next up

  • Writer: Stéphan
    Stéphan
  • Sep 11
  • 4 min read
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  • Markets : Klarna is a 20y old company and still not profitable, ORCL's past with earnings reports, FX dead still, rates stable after 'much weaker' than expected PPI in the U.S (a little strange, chart available on request questioning the low print), equity markets made new highs, what else.. DAX a little softer, with Poland article 4, France blockages and so on, valuations remains ridiculously high and concentrated with the usual MAG10 say, interesting opportunities elsewhere in relative value though, metals quiet, PALL reacting to possible new Russia sanctions

  • Geopolitics : President Maduro says the US military buildup in the Caribbean is aimed at Venezuela's oil, gas and gold reserves, Putin ready to invade other countries, says Polish president, Assassination of Charlie Kirk adds to America's roll call of public violence, Nepal’s finance minister was attacked by an angry mob

  • Trade : EU's Von der Leyen: Considering social media curbs in EU, Europe seems unlikely to hike secondary sanction tariffs on India and China to 100%, as the U.S. has suggested, US, India eye trade reset as Trump plans talks with Modi, ‘Block everything’: Nationwide protests raise travel tensions across France, Qatar Hamas strike, Poland ‘closer to military conflict than at any time since WW2’ as Nato allies weigh response to Russian drones, Putin tests NATO with drone assault on Poland

  • The FED's balance sheet fell by -$39 bn in Aug, to $6.60 trn, the lowest since April 2020

  • Lutnick again said the U.S. should take (he said 'take'..) a chunk of universities' patent revenue

  • US federal debt will reach $150 TRILLION by 2055, according to the CBO's own forecast, if that's so... we going to need o own more #XAUUSD and other metals

  • Scot Bessent’s hedge fund, Key Square Capital, was launched in 2015 with over $4.5 billion in assets, including $2 billion from George Soros. Over time, the fund suffered a series of substantial losses and investor withdrawals, leaving it with less than $1 billion by 2023 – closer to $577 million at year-end

  • Economic problems again feature heavily in yesterday's Russian papers/Thread

  • SNB's Schlegel: The effect of tariffs on Switzerland is difficult to determine

  • #ORCL has had 'accounting issues' between 2016-2019











We keep been told Bessent was a successful Hedge Fund manager, was she ?...and that he is going to do great for the U.S.... Mega Hedge Fund Launches Are Rare — and Don’t Ensure Lasting Success | Institutional Investor





20y old company, still not actually making a profit, pretty amazing really, but nothign new in today's world..










 
 
 

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