top of page

U.S Govt shut down ends, no concessions, DEM's cave in / #Monetization 'on' / 50y mortgage 👎 / SPX 50dma held

  • Writer: Stéphan
    Stéphan
  • Nov 10
  • 3 min read
ree

  • A deal on no real concession from Reps and DEMs cave in on Obamacare deal..

  • Markets : markets loving it, rally mood since Friday rumours of a deal reopening U.S Govt, crude steadies, NVDA isn't going back to China, Copper is set for a historic shortage next year >>> Trump WANTED the shut down untill Rep lost ground in Tuesday's elections last week, polls plummeted, news of food lines grew fast, suddenly military uniforms flanked food banks...he lost and its pretty clear ...and classic Trump, all of a sudden , the shut down ends with NO consessions...and DEM's sell out as no Obamacare deal in sight either

  • Bernie Sanders: "What this Senate is about to do is make a horrific situation even worse. So let's be clear what this vote is about. If this vote succeeds, over 20 million Americans are gonna see at least a doubling in their premiums in the ACA, so so the rich can get a trillion-dollar tax cut"

  • Geopolitics : Putin answers Maduro’s call to help Venezuela resist Trump, Ukraine war latest: Russia launches 'one of the largest' attacks on Ukraine's energy infrastructure since start of war,

  • Gulf between rich and poor risks US downturn, Fed official warns. John Williams suggests poorer Americans’ mounting problems could be a factor in whether the central bank cuts rates next month. (FT)

  • Ray Dalio argues we already #monetisation, fiscal deficits + debt + central bank backstoppin issuance / Thread

  • Trump administration ‘working on’ 50-year mortgage to boost housing affordability >>> NOT that attractive at all !....the longer the duration, the more it is like renting and you landlord is the bank, worse you are left wiht all the running costs..! >>> It's a trillion-dollar bailout for Wall Street dressed up as a tax cut

  • Iran faces 'permanent state of crisis' as time wanes and sanction pressure grows

  • We now live in a society where more debt is the “solution” to everything

  • Swiss finance shrinks as regulators tighten grip on prized sector. Stricter post-Credit Suisse oversight sets nation on different path to US in particular. (FT)





















 
 
 

Comments

Couldn’t Load Comments
It looks like there was a technical problem. Try reconnecting or refreshing the page.
bottom of page