UKR, RU's move now / #WMT in China! / U.S CPI cooler / Large HF's cut risk / SPX 5565 ! / Wozniak lays into Musk

Stéphan

6 days ago3 min read

Apple cofounder Steve Wozniak lays into Elon Musk’s ‘mass firings’: ‘I don’t know what got into his head’
Markets : SPX 5565 (JPM put 'gamma' area holding - slightly lower vol), Govt shutdown risk, tariffs, recession or slowdown, Trump pushing Russia to accept 30day ceasefire, CAD team meeting Trump today, there are signs that inflation is starting to perk up again as the new admin policies are digested through the economy though..
Ukraine-Russia war latest: Trump threatens to ruin Putin with sanctions if he doesn’t accept 30-day ceasefire, G7 foreign ministers meet in Canada amid tensions with Trump and Schumer says Democrats to block GOP bill to prevent U.S. shutdown
Brevan Howard Slashes Traders’ Risk-Taking as Losses Exceed 5% >> you can be sure it was same picture out there in some large HF's, hence sharp/fast liquidation...when you get the news, we nearer to short-term base, worth dippin-a-toe-in
UST 10's yields up on a 'cooler' CPI - shouldn't they go down ? I was asked, ''well possibly, but signs inflation is not heading towards 2% anytime soon'', PPI up next and all the tariffs 'cost' coming
Walmart faces heat from Beijing after demand for price cuts '' go and speak to Trump'' or else it could get ugly
FT- In recent weeks, the buzz has been mounting about a new American plan — a “Mar a Lago Accord” — to upend the global monetary system. We can only hope it remains idle chatter, DOA basically..
JPM said the worst of the correction may be over while Ed Yardeni lowered his best case year-end S&P 500 target to 6,400 from 7,000, somewhere else at JPM cuts $TSLA price target to $120. Sees ~50% downside
US corporate bonds issued by riskier borrowers are sliding as concerns rise that President Donald Trump’s tariffs will knock the American economy. The spread paid by junk rates US companies has jumped by 0.56 percentage points since mid-Feburary to a six month high of 3.22% according to Intercontinental Exchange (FT)
Keir Starmer will tomorrow announce that AI will replace the work of civil servants if it can do a better job The approach will be guided by the mantra: "No person’s substantive time should be spent on a task where digital or AI can do it better, quicker & to the same high quality and standard"
#GOLD first the metal now the miners #GDX .. should look similar to Silver, SILJ, XPT eventually too...