Syria sanctions off / 30y rates up JPN 2.96%, UST 4.93% / U.S tax bill to add $4trn debt / UK businesses-Brexit report

Stéphan
5 days ago
3 min read

Markets : Even Trump admitted that the China trade deal, is ' a concept deal', so moderate bullish views after this massive 20%+ rally, UK, US, EU and Germany all postponed sanctions plans because Putin offered to meet in Istanbul (will he turn up?), Syria sanctions off, Yields up across board, 30y US near 5%, 30y JPN near 3%, this could again, begin to make the headlines..SPX500 okay so long as above 200dma 5750 area
Trump says he will lift Syria sanctions ahead of expected meeting with its leader, XPT showing signs of 'wanting' to break up, Trump speech in Saudi was quite something !
UST's : Trump's big and beautiful tax deal could add a net $4trn in debt/expansionary, NO doubt this tax bill has got the long-end's attention...this is not going to help #duration #longend >>> this really needs to be monitored with 30y yields near 5% already...higher tariffs will cost going forward too, and the FED will not even cut this year by the look of things (this is a clear risk now..)
China strengthens ties with Latin America amid growing uncertainties, 30 countries, CELAC are in Beijing, all about infrastructure, business, build build...
UK : The Brexit Impact Report 2025 shows 98.2% of UK businesses back rejoining the European Single Market to boost growth/Full report below >>> Want to lower immigration? Rejoin the EU...Brexit propaganda delivered just the reverse of what they were telling voters
Got to hand it to Trump, even after the great deal over the weekend, tariffs are still the highest since the 1930's, sure they may well come down further, most probably.. but he didn't bomb the whole economy so it's a great result and markets are happy! >>> he got told by the likes of Walmart (remember 10days ago..) that the shelves would be empty within 4-5weeks, so best get those ships out of China, and fast
The admin is shifting to stimulation mode before the US inflation problem has been resolved. Most measures of inflation remain elevated before the juicing that's to come, giving the Fed little reason to cut further anytime soon/Thread
GS raise year-end SPX target to 6,100 from 5,900, why not... >>> Economist upgrades outlook when market moves up, and then strategist upgrade price target when economist upgrades outlook. So it becomes just circular, momentum, marking to market. Never wrong short term, never insightful longer term
UnitedHealth appoints new CEO, suspends annual forecast, stock -45% in 1month
Beyond Extinction: Where next for global automakers?
Barclays joins GS (others will follow) calling for only 1 FED cut in dec 2025
China criticises UK trade deal with US, FT reports