U.S premium, even SWIFT dominance in question #branderosion / Trump meme coin ! / EU-China accord
- Stéphan

- Apr 24
- 4 min read

Investors should be wary of claims of major breakthroughs on deals or the idea Trump is 'really, definitely' ready to throw in the towel on his tariff agenda
If all this gets confirmed and Trump does back down (even if he looses it again), it will be viewed as a pivotal moment—one that, beyond all the rhetoric, signals a fundamental long-term shift in the balance of power between China and the US, marking the end of American economic/financial dominance (SPX500 outperformance vs RoW, Ai, DeepSeek, Boeing, USD, UST's premium, SWIFT even..!..it's looks seriously to have hit the highs ! #branderosion >>> this 'orchestrated chaos' could turn into a nightmare/out of control
Markets : SPX500 4800/5000 support vs sell rallies into 5500 area... and equivalent elsewhere, similarly with USD, sell rallies overall
European Parliament in ‘final stages’ of talks with China to remove sanctions on lawmakers...‘It has always been the EP’s intention to have sanctions lifted and resume relations with China,’ spokesperson says
37% of Americans approve of Trump's handling of the economy, a rating lower than at any point during his first term
"Bessent criticized Musk for overpromising and under-delivering budget cuts with DOGE. Musk clapped back by calling Bessent a Soros agent and accusing him of having run a failed hedge fund" - Axios ...... nice happy camp..
China’s Cross-Border Interbank Payment System (CIPS 2.0), powered by the digital yuan, reportedly went live across 16 countries in Asia and the Middle East. Financial analyst Eric Yeung shared details of what he describes as the opening salvo in a “bloodless currency war” that could fundamentally challenge dollar hegemony, this IS huge, and you can understand why Bessent & CO were reassuring markets yesterday... >>> For the first time ever, China’s CIPS (Cross-Border Interbank Payment System) surpassed SWIFT in single-day transaction volume.”
Trump's tariffs war : If you think Americans are angry now, just wait another 14 days for shelves to begin being empty in Walmart ( as per WMT CEO yesterday..)
Trump’s trade war will hit US prosperity hard, IMF warns
According to Scott Bessent China's problem is the Chinese people work too hard and save too much basically... He wants them to be more like Americans and buy stuff they cannot afford on credit.... The reality, China will not take this 'financial adviceee lecture' particularly from america..
EUROPEAN PARLIAMENT IN ‘FINAL STAGES’ OF TALKS WITH CHINA TO REMOVE SANCTIONS - SCMP The European Parliament is in the “final stages” of discussions with Beijing about removing sanctions on its members, smoothing the way for normalised relations with the bloc, according to a spokesperson for the lawmaking body. “Discussions with the Chinese authorities are continuing and in their final stages,” the spokesperson said.
Reminder..This is what he is in it for …making $$$’s… NEW YORK, April 23 (Reuters) - President Donald Trump's meme coin surged more than 60% on Wednesday after a post announcing "the most EXCLUSIVE INVITATION in the world" promised the top 220 buyers of $TRUMP a private gala dinner with the president on May 22.
In addition to the dinner at Trump National Golf Club in Washington, D.C., the top 25 holders would get "an ultra-exclusive private VIP reception with the President" as well as a "Special Tour," according to the announcement…. 🤦🤦
Republicans against Trump on X: "Republican mega-donor Ken Griffin on the damage caused by Trump’s trade war: “The US is more than just a nation. It’s a brand…we’re eroding that brand right now…when you tarnish that brand, it can be a lifetime to repair the damage that has been done” https://t.co/DeOVc7lo6Y" / X
This IS SO big, can't stress enough, SWIFT dominance over China’s CIPS 2.0 Launches, Challenges Dollar Dominance
Fed's Hammack floating the idea of the Fed actually selling MBS
𝘊𝘰𝘳𝘳𝘪𝘯𝘦 on X: "🇺🇸🇨🇳 US Wants to Restructure China’s Economy (You read that right.) Treasury Sec. Bessent: “We want to help China shift away from exports… Their model is unsustainable and hurting the world.” Translation? Washington tried to crush China with tariffs. Failed. Now they want to https://t.co/bjE90XROxG" / X
Nick Timiraos on X: "The Atlanta Fed's survey of businesses' inflation expectations shows that year-ahead unit cost growth expectations jumped to 2.8% in April from 2.0% in December. https://t.co/T0NDYDnC8C" / X
Really American 🇺🇸 on X: "BREAKING: In a stunning moment, economic advisor Robert Wolf BLASTS Trump on Fox News, saying "This is probably the biggest manufactured crisis I've seen with a bunch of unforced errors. The execution of 'liberation day' was pathetic." Incredible. https://t.co/w4I5FWuJZZ" / X

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