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Trump’s “Liberation Day” >> liberate the U.S from a strong economy, from its allies, leaking sensitive national security intel and risk it gets totally isolated/global trade war against the U.S.... RoW turns against U.S product and will respond today already (very most likely in a somewhat coordinated fashion)..uncertainty only beginning, volatility brings opportunities though, beware totally bogus/fake tariffs calculations.. >>> Trump ends his speech by saying that we will look back on “Liberation Day” as one of the most important days in American history. He might be right but it is for all the wrong reasons >> earnings reports, outlook guidance will be downgraded , the Man is pushing the U.S into a totally unnecessary recession.. Although Bessent would argue its the plan... (main street vs wallstreet, no Trump put etc) Bessent: equity market selloff is “a Mag7 problem not a MAGA problem”, they all went to kiis the ring, and they go played... >>> he is getting what he wants though, as previously discussed, lower yield, lower crude prices , will be costly (recession) but he is getting there USDollar softer as RoW retaliates and U.S gets isolated Trump just called Russian soldiers “great people” and wants to help them because they’re “losing 2,500 a day.”, no tariffs on Russia, Trump just declared economic war on every country except Russia, Belarus & NK. VdL/EU : EU preparing further countermeasures against U.S. tariffs if negotiations fail China is now restricting local companies from investing in the U.S., China urges the US to "immediately" cancel reciprocal tariffs or they will take "counter-measures." Temasek, Asian state funds to grow their assets by 34% to US$25 trillion by 2030 Pentagon Sends Second Aircraft Carrier to Mideast as Iran Tensions Rise Crude down 3% or so, will be interesting to see what OPEC! does Crypto takes a bath on Trumps engineered trade war Out already... Fed's Kugler warns of prolonged impacts of tariffs on inflation Jeffries: "This is not 'Liberation Day in America,' it's recession day." Carney : I spoke with Mexican President Claudia Sheinbaum this morning.    In a shifting global economy, strong and reliable partners matter. Canada and Mexico are focused on deepening our trade relations and building stronger economies, together >>> so most countries will react in a similar way and counter attack the U.S ... Trump listed Ecuador as a currency manipulator even though Ecuador’s currency is…the US dollar UBS: "Simple back-of-envelope calculations suggest a permanent implementation of the full set of proposed tariffs would see inflation rise to around 5% as prices adjust to the higher costs of imports." You heard it hear first guys: "The EU is not going to take chicken from America. They are not going to take our lobster or our beautiful strong beef, even though their beef is weak" ...Lutnick.. Sen. Rand Paul responds to Trump's tariffs: "When McKinley most famously put tariffs on in 1890, they lost 50% of their seats… In the early 1930s, we lost the house and senate for 60 years. So not only bad economically, they are bad politically." Mike Pence blasts Trump’s tariffs: “The Trump Tariff Tax is the largest peacetime tax hike in U.S. history…And will cost American families over $3,500 per year” James Surowiecki on X: "Just figured out where these fake tariff rates come from. They didn't actually calculate tariff rates + non-tariff barriers, as they say they did. Instead, for every country, they just took our trade deficit with that country and divided it by the country's exports to us. So we" / X James Surowiecki on X: "This is truly amazing. The Deputy White House Press Secretary is claiming that I'm wrong, and that the "tariff rates" on Trump's chart were calculated by "literally" measuring every country's tariffs and non-tariff trade barriers. To prove it, he screenshots the formula the USTR https://t.co/g75FreEPbv " / X annmarie hordern on X: "“I wouldn’t try to retaliate,” Treasury @SecScottBessent tells me. “As long as you don’t retaliate this is the high end of the number.” https://t.co/1UGGhVHmMp " / X Ursula von der Leyen on X: "I would like to speak to my fellow Europeans ↓ https://t.co/h00KZ1McsY " / X EU preparing further countermeasures to U.S. tariffs if negotiations fail : EC President von der Leyen Trump tariffs live updates: Trump reveals 'Liberation Day' tariffs across over 150 countries 'Worse than expected': Wall Street reacts to Trump's 'Liberation Day' tariff surprise, stocks sink Trump Tariffs Hit Antarctic Islands Inhabited by Zero Humans and Many Penguins | WIRED China restricts investments in the US amid rising tensions - Bloomberg By Investing.com List of Republican Senators Who Voted to Thwart Trump's Canada Tariffs - Newsweek Temasek, Asian state funds to grow their assets by 34% to US$25 trillion by 2030 | South China Morning Post Pentagon Sends Second Carrier to Mideast as Iran Tensions Rise - Bloomberg Meta's AI ambitions suffer a setback - TheStreet Farrukh on X: "Utterly surreal conversation between the Deputy Assistant to President Trump and Victoria Derbyshire If you watch one thing, watch this #Newsnight https://t.co/qWaQTQ0YQ1 " / X DEC: UK charities launch Myanmar Earthquake Appeal

Tariffs update: President Trump is scheduled to announce new tariffs on 2 April at 4 pm ET , likely targeting a broad range of countries >>> feels like consensus (if there is any) is for 20% blanket tariff acros board, or the 'slightly bullish' case of a more targeted 12-20% on specifics countries/sectors, quite honestly anything goes, leaking out trial balloons to the media, trade policy on the fly if you ask me!... IF tariffs starts tomorrow then only a blanket 20pct or xxx pct strategy is possible!.. .Trump will be pissed off with the Wisconsin judge choice!.. SPX 5500lows vs 5800 range should cover it in short-term, uncertainty will remain, sell rallies to re-hedge FXland, crossjpy's lower on a decent risk-off, eventually USD become a bit isolated, but that's probably for later Elon Musk’s preferred candidate has been trounced in a pivotal Supreme Court race in Wisconsin, widely seen as a referendum on him and Trump's agenda-FT Putin’s key investment negotiator heads to Washington for talks with Trump envoy, sources say Marko Kolanovic/JPM : Would anyone be surprised if Trump attacks Iran? I guess Not. But I bet everyone would be surprised if China uses that as an opportunity to take Taiwan. I think they will likely do it during Trump presidency One of the ugliest most stagflationary ISM manufacturing report seen in a long time. No sign of any hiring reacceleration in the JOLTS series for February, fact is nobody is quitting because they are afraid they won’t find a job, hiring is very slow (consistent with unemployment more like 5%) - The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the first quarter of 2025 is -3.7 percent on April 1, down from -2.8 percent on March 28 Just two weeks ago, BYD unveiled the world’s first megawatt supercharger. Now Zeekr and Huawei say they have megawatt chargers too. This reminds me of how DeepSeek’s R1 was quickly followed by world-class AI models from ByteDance, Alibaba, Baidu, Tencent, etc #TSLA Federal funding cuts are raising questions about university endowments. Here’s what some are worth and how they work Elon Musk’s days as a senior White House adviser may be coming to an end — along with his government-slashing Department of Government Efficiency, Trump suggests Trump's upcoming tariffs 'will be effective immediately,' White House says The European Commission could close the European market to US products US moves B-2 stealth bombers to Indian Ocean island in massive show of force to Houthis, Iran China's military train to blockade Taiwan and carry out precision strikes Tariffs may raise much less than White House projects, economists say Nick Timiraos on X: "Commentary from the purchasing manager index on manufacturing released by the ISM, which showed that prices rose at their fastest rate since mid-2022 even though factory activity contracted: “Customers are pulling in orders due to anxiety about continued tariffs and pricing https://t.co/a6jx4tnwuF " / X Speaker Mike Johnson on X: "A handful of Republicans just joined every House Democrat to take down a rule. This means we can’t take any further action on President Trump’s agenda this week: No SAVE Act No vote to address rogue judges attacking Trump No votes to repeal Biden regulations https://t.co/Fc3FLZTS5Y " / X AP declares Susan Crawford winner in Wisconsin Supreme Court race Just before the vote MUSK: Losing this judge race has good chance of causing Republicans to lose control of the house. You lose control of the house, there will be nonstop impeachment hearings and subpoenas Federal funding cuts raise questions about university endowments Putin's key investment negotiator heads to Washington for talks with Trump envoy, sources say Tymofiy Mylovanov on X: "Karoline Leavitt: President Trump is frustrated with leaders [Ukraine and Russia]. He wants this war to end. Men are dying on both sides. We are with the Ukrainians. We’re also engaged with the both sides. 1/ https://t.co/LDE15gHAF9 " / X RFK Jr. is a 'conspiracy theorist' endangering lives, say analysts at Howard Lutnick's former firm Doctor Behind Award-Winning Parkinson’s Research Among Scientists Purged From NIH | WIRED He will be welcome in Europe Strategy (MicroStrategy) Stock: The Ultimate Bet on Bitcoin's Future (NASDAQ:MSTR) | Seeking Alpha BYD car sales soar as Tesla struggles in Europe Delta, American, other airlines take fast food race to the skies

Bessent said Liberation day celebrations will begin at 3PM Wednesday The People's Republic of China, Japan, and Korea have reached an agreement to collectively respond to Trump's tariffs >>> Trump’s relentless attacks on U.S's allies will only isolate America & strengthen China, Europe, and next Latams next ? >>> When Japan and South Korea key US allies decide to collaborate with the principal US adversary China for counter tariffs you should know your foreign policy decisions are poor ECB officials are wavering on whether to cut rates in April or pause due to US trade policies and Europe’s military spending. Traders reduced bets for an April easing to 65% from 85% Where’s the gold? Germany’s conservatives sound the alarm over reserves in the US Germany keeps over €100 billion worth of gold reserves in the New York FED “𝘈 𝘭𝘰𝘵 𝘰𝘧 𝘱𝘦𝘰𝘱𝘭𝘦 𝘢𝘳𝘦 𝘣𝘦𝘨𝘪𝘯𝘯𝘪𝘯𝘨 𝘵𝘰 𝘥𝘰𝘶𝘣𝘵 𝘵𝘩𝘦𝘳𝘦 𝘸𝘪𝘭𝘭 𝘣𝘦 𝘮𝘪𝘥𝘵𝘦𝘳𝘮 𝘦𝘭𝘦𝘤𝘵𝘪𝘰𝘯𝘴.” Will Trump ‘declare a national emergency’ to get out of holding midterm elections next year? Q1 2025 : few headlines : S&P 500 suffers largest quarterly underperformance relative to the rest of the world in 37 years, Gold soars more than 19% this quarter, the largest quarterly gain since 1986, Mag 7 drawdowns from the highs: Apple -11% Microsoft -11% AMZN -20% META 3% Google -18% Nvidia -20% and Tesla nearly -50% >>> end of U.S exceptionalism (competition caught up with them in few places) as discussed since DeepSeek moment! BlackRock $BLK  CEO Larry Fink says that almost everyone he talks to is more anxious about the economy that at any time in recent memory, in his annual letter to shareholders: “The dollar is at risk of losing its reserve status to Bitcoin.” Few months ago, with stocks on ATH's, GS lowered odds of US recession to 15% after better-than-expected jobs report, now stocks down, GS raised its 12-month recession probability from 20% to 35%.. CNOOC Discovers Significant New Oil and Gas Reservoir in South China Sea, the timing of this discovery is not a coincidence .. The Saudi balance of payments for Q4 2024 is out, they ran a current account deficit in 2024 -- reminder that they need $85+ in crude prices to breakeven Le Pen has been sentenced to 4 years of imprisonment (2 years suspended, 2 years with an electronic bracelet) and an immediate 5-year disqualification from electoral rights, irrespective of views, this does not seem right to me Friedrich Merz's government will pressure the Orban regime through the European Union to suspend Hungary's EU funding and take away its voting rights due to violations of key EU principles — Politico Between now and 2028, the Fed has to refinance $21 trillion! Bank of England to hike FSCS protection from £85,000 to £110,000 Taiwan says it has detected 19 Chinese warships and the Shandong aircraft carrier group around its island April Fools' Day: What are its origins and how do Europeans celebrate? Interest rates: RBA leaves the cash rate on hold at 4.1pc Unchanged and not that dovish overall Where’s the gold? Germany’s conservatives sound the alarm over reserves in the US – POLITICO larry-fink-annual-chairmans-letter.pdf South Korea, China, Japan agree to promote regional trade as Trump tariffs loom | Reuters Trump managed to unify Europe and now Asia.. South Korea, China, Japan agree to promote regional trade as Trump tariffs loom | The Straits Times Taiwan tracks 19 Chinese naval ships around nation | Taiwan News | Apr. 1, 2025 09:44 The realpolitik of Trump’s tariffs  T-day — or Tariff Day — is coming this week. Or not. We simply won’t know until it’s here, given that President Donald Trump changes his mind about policy daily. But assuming reciprocal tariffs do go into effect, it’s worth thinking about them as Trump himself probably does. Jim Cramer says Trump's behavior overshadows U.S. economic strength Analysts at Cantor, formerly headed by Lutnick, call for Kennedy's dismissal CNOOC Discovers Significant New Oil and Gas Reservoir in South China Sea Big news, and I doubt timing of this announcement is a coincidence ! White House Orders Termination of Federal Prosecutor Investigating One of Trump’s Donors Far-Right Leader Le Pen Guilty of Embezzlement, Banned From Running for Public Office Bob Elliott on X: "The promise of "big and simple" tariffs from the admin this weekend is creating a negative growth shock across markets. The trouble is that at current levels, US assets are still pricing in continued strength ahead, far from the weakening implied by this policy mix. Thread." / X Aston Martin: shares of luxury carmaker pop on plans to raise cash British Steel plans to close Scunthorpe blast furnaces with 2,700 jobs at risk | British Steel | The Guardian Nationalise it ! it's a strategic asset long-term, no brainer!! Bank of England to hike FSCS protection UBS struggles with technical problems in payment transactions - SWI swissinfo.ch Swiss economy facing ‘high downside risks’ - SWI swissinfo.ch The Irish Times view on the Irish economy: preparing for the end of the boom – The Irish Times The best of April Fool’s Day 2025 - AdNews

Week ahead : Trump threatens secondary tariffs on Russian oils, no clear path to peace in UKR, Trump pissed off with Putin, reciprocal tariffs to hit all countries initially >> growth hit coming, higher unemployment (DOGE and slowdown), while inflation remains firm. GOLD, $3100+ (if in doubt hold and buy some more of it, XAG should join in soon through 35+) is rising and warning of potential financial event (worse case) or simply because the USD will eventually take a hit, as Trump is getting nowhere fast in any serious way with tariffs, and now earnings downgrade coming in April, only question is how big. Obviously all eyes on 'Liberation day' on Wednesday, few month-quarter-end flows first for today, ''NFP Friday'' could start to be interesting again GS: “we lifted yearend 2025 core PCE inflation by 0.5 to 3.5%. Reflecting tariff news and a decline in Q1 GDP estimate, we lowered 2025 GDP growth by 0.5 to 1.0% . Because of the GDP growth downgrade, we raised yearend 2025 unemployment rate by 0.3 to 4.5%” JPM CEO Jamie Dimon last week: "We've gone from—I'm going back like 20 years now—8,000 public companies to 4,000. We are driving companies out of the public markets because of litigation, regulation, reporting requirements, cookie-cutter expectations of how we want boards to be, excess regulations, shareholder meetings which are frivolous" The US is preparing sanctions against the Russian Federation if it does not cease fire in Ukraine, — Finnish President Alexander Stubb after a conversation with Donald Trump. According to him, Trump is extremely irritated by the actions of the Russian Federation, its manipulations and the delay in the negotiation process. “I explained that this is typical behavior: first they agree, and then they set new conditions,” — Stubb Why Norway is edging towards a fresh EU membership bid-FT Japanese Stocks now on track for their largest quarterly loss since the onset of Covid, Chinese Tech Stocks enter technical correction after falling more than 10% over the last 2 weeks Soaring US debt may start to overwhelm America’s ‘exorbitant privilege’. By 2035, Moody’s estimated the US will spend 30% of its revenue on paying interest on its debt, up from 9% in 2021 when borrowing costs were still low Nvidia turned CoreWeave into a major player in AI years before helping to save its IPO Why Norway is edging towards a fresh EU membership bid Tariffs to spike inflation, stunt growth and raise recession risks, Goldman says Trump says he ‘couldn’t care less’ if foreign automakers raise prices due to tariffs Even White House aides fear the fallout of Trump’s April 2 tariffs - POLITICO Trump says he is not joking about third presidential term | Reuters Goldman Sachs raises US recession probability to 35% amid Trump tariff concerns - Investing Abroad News | The Financial Express Peter Berezin on X: "And now here comes the earnings downgrade: https://t.co/9sVznifQVK " / X US debt may start to overwhelm America's 'exorbitant privilege' | Fortune CoreWeave's 7-year journey to IPO wound through crypto before AI U.S. stock futures fall as Trump says he ‘couldn’t care less’ if some automakers raise prices due to tariffs - MarketWatch China tech stocks slide into correction after a blistering rally Musk OUT at DOGE, Plans to Step Down at the End of May as Tesla Dealerships TARGETED, Stock PLUMMITS – The Hill Created a huge mess, legal cases galore coming, but I'm sure he will claim he's done a great job and cut costs by $1trillion (1) Shay Boloor on X: "THE REAL REASON MARKETS ARE SELLING OFF Tariffs are back in the headlines, and the market is front-running them hard. But this isn’t your typical inflation-driven selloff. It’s something deeper -- a psychological unwinding that’s triggering forced risk reduction across sectors, https://t.co/VXqUHgBzLW " / X White House to replace 200-year-old magnolia tree Destroying everything

Dallas Fed Energy Survey: Firms need $65/bbl on average to profitably drill Across different regions, average breakeven prices to profitably drill range from $61 to $70 per barrel >>> there will be NO 'drill baby drill' 7.7 !!.. magnitude quake hits Myanmar, tremors felt in Thailand, India, Bangladesh FT-The philosophy behind Trump’s Dark Enlightenment - An English magus of anti-democratic neoreaction has become a touchstone for the alt-right Trump threatens 'far larger' tariffs if EU & Canada unite to do 'economic harm' to the U.S, and then warned auto companies that they shouldn't raise prices in response to his policies to increase duties on imported goods and materials #XAUUSD Goldman Sachs raises #Gold  price target again citing ETF inflows, Central Bank purchases - sees potential for $4,200+ in extreme scenarios....finally #GDX far too low too PM Mark Carney of Canada: "The old relationship we had with the United States based on deepening integration of our economies and tight security and military cooperation is over." "There will definitely be a force in Ukraine," a "European coalition co-piloted" with British PM Keir Starmer, — Emmanuel Macron China’s Xi calls on top executives to help ‘uphold global order’ as trade tensions with U.S. rise. Putin suggests temporary administration for Ukraine to end war May 3rd for Oz election #JPY : Tokyo core inflation in Japan's accelerates and stays above BoJ target GOP Rep. Bacon: "We made a mistake. We passed legislation that gave the president some temporary tariff authorities. I think we should look back and maybe restore the power back from Congress and take away the authorizations." >>> Stefanik’s withdrawal suggests Republicans are sweating their thin margins, President Donald Trump’s decision to keep Rep. Elise Stefanik in Congress is the clearest sign yet that the political environment has become so challenging for Republicans that they don’t want to risk a special election even in safe, red seats. A MUST READ for the weekend - something to ponder about The philosophy behind Trump’s Dark Enlightenment The deeper you dig into it, the weirder the concept, if as extreme as it looks, anything goes then….. ‘’’ >>> As for Yarvin’s controversial opinions and whether or not Thiel holds them, Yarvin has said that his patron is “fully enlightened,” as he had been “coaching Thiel.” What’s more, in a recent interview with the Hoover Institution, Andreessen quoted Yarvin and called him a “friend.”’’.. some folks have so much money they think they own the world .. and can do anything they like .. (1) Nick Timiraos on X: "Trump warned auto companies that they shouldn't raise prices in response to his policies to increase duties on imported goods and materials https://t.co/cKru69COsc " / X China’s Xi calls on top executives to help 'uphold global order' as trade tensions with U.S. rise US Has 'Astonishing' Record of Betraying Allies: China - Newsweek Core inflation in Japan's capital slows but stays above BOJ target - Equity Insider Australia PM calls general election for May 3 amid cost-of-living crisis, tariff worries Canada PM Mark Carney says old relationship with US is ‘over’ amid raging tariff war with Trump PM pledges higher wages for armed forces in bid to win over voters, own party | MacroPolis Putin suggests temporary administration for Ukraine to end war | Reuters Auto tariffs: Germany lashes out at Trump’s levy on U.S. car imports Stefanik's withdrawal suggests Republicans are sweating their thin margins - POLITICO French, German, Korean, Turkish firms eye ammunition JV with Poland, minister says US Pauses Payments to WTO, New Duty Threats and Earnings Impacts Europe to limit Apple, Meta fines to avoid Trump ire- FT By Investing.com RFK Jr. plans to cut 3,500 jobs at the FDA Novo Nordisk says copycat compounders are hurting Wegovy sales, may take legal action Otavio (Tavi) Costa on X: "Meanwhile:   The silver miners-to-S&P 500 ratio just went above a 14-year resistance.   Game on. https://t.co/eos23qiFQp " / X Perma bull, but still, good long term value there..! devastation, good lord Whaoo China Xinhua News on X: "Strong tremors were felt in Thailand after a 7.9-magnitude earthquake struck Myanmar at 06:20:54 GMT on Friday. The Myanmar government has not released any information regarding the earthquake's magnitude or the extent of damage. https://t.co/dpVHZuaBjU " / X Earthquake Today Live Updates: 7.7 magnitude quake hits Myanmar, tremors felt in Thailand, India, Bangladesh

Markets : # Nasdaq did a textbook rejection off the 200 Day Moving Average, #SPX was briefly above it (just) 5750 area...we eluded to these Very key levels recently... #TSLA same picture back below 200dma (AND many other big names), #BABA launches (another)..new open source AI >>> MAG7 to LAG7 etc.... #MSFT news below is big (#NVDA etc), #recession calls and worries clearly on the increase >>> again overall, risk is market is NOT prepared for a 'trade war', that Trump seem to be going for...together with a few hints of (so far) light reciprocals BTW, #SPX closed on election day at 5'783, exactly the same level it closed on Monday Microsoft pulls back from more data center leases in US and Europe, analysts say China : Pauses New Deals with Li Ka-Shing's Businesses amid Panama Ports Controversy BOJ to keep raising interest rates if economy, inflation remain strong, Ueda says, all this market needs is a decent bout of JPY strength #carrytrade, Japan’s 10-year government bond yield surges to around 1.595%, reaching its highest level in 16-½ years Tariffs are reducing activity in the US oilfields. Drill Baby Drill is dead >>> $50 barrel does NOT work for #BigOil That Signal chatroom, bottom line, members of Trump administration lied, and The NSA had WARNED of vulnerabilities in Signal app a MONTH before Houthi strike chat Trump said he's looking at setting up some sort of government "compensation fund" for the January 6 criminals that he pardoned Air travel between U.S and Canada drops sharply - surprised? not really Walmart’s CEO warned that customers are struggling to make ends meet, buying smaller items and running out of money before the end of the month Musk has 'destroyed' the TSLA brand value and IMHO investors still do not realize how bad it is, investors still believe 10's of billions of future revenues growth in robotaxis and self driving, not going to happen under #TSLA Rutte threatened Putin with a crushing blow and promised to defend Europe at all costs "The only thing that Russia understands is power. It's the time to be hard, not soft, with Russia." –Alexander Stubb, President of the Republic of Finland BOJ to keep raising interest rates if economy, inflation remain strong, Ueda says By Investing.com Trump tariffs prompt Japan to consider 'all options' - Nikkei Asia Fed's Musalem: Trump tariff inflation may be more than temporary Trump announces 25% tariffs on cars 'not made in the United States' Trump says he may reduce China tariffs to help close a TikTok deal Will trimming the federal workforce make a dent in government bloat? Microsoft pulls back from more data center leases in US and Europe, analysts say Trump ‘chaos’ threatens US oil output, say shale executives China Pauses New Deals With Li Ka-shing Family After Panama Ports Plan China’s industrial profits slip at start of the year as deflationary pressures, tariff risks mount Alibaba launches open-source AI model for 'cost-effective AI agents' NEXTA on X: "‼️BREAKING: Rutte threatened Putin with a crushing blow and promised to defend Europe at all costs During an appearance in Warsaw with Polish Prime Minister Donald Tusk, the NATO secretary general said that the Russian Federation was and remains the biggest threat to the https://t.co/pWY9UvDS5M " / X AIR TRAVEL BETWEEN U.S. AND CANADA DROPS SHARPLY Flight bookings between Canada and the U.S. are collapsing, according to airline data provider OAG. Compared to this time last year, bookings are down over 70% every month through the end of September, according to the firm's analysis. Canada is typically the top source of international visitors to the U.S. "This sharp drop suggests that travellers are holding off on making reservations, likely due to ongoing uncertainty surrounding the broader trade dispute," OAG says Couldn't agree more - uncertainty for longer >>> watch earnings repüort guidfance in April ''haven't got a clue, no guidance'.... will be the word The Kobeissi Letter on X: "The trade war is back: Markets are expecting Trump's April 2nd reciprocal tariffs day to be the "end of uncertainty." But, we believe it will be the exact OPPOSITE, which is why tech stocks are down over -$400 billion this week. Here's what's coming next. (a thread) https://t.co/UPfm1lF7dh " / X Keep an eye on these!! they tend to arrive all at the same time (many key single stocks, including SPX and/or QQQ...correlation works well on the way up, but it works on way down too..) NVIDIA's Death Cross Update and Price Targets Trump’s Top Aides Suffer Another Series of Embarrassing Data Breaches

Windy road ahead, will not all be clear by April 2 Markets : Trump softening his tariffs tone or taking a '' more flexible' tone, giving a bit fo relief to equity markets (slightly softer USD again), note GS not convinced. Slightly softer UK inflation and Spring statement today. SPX500 above 200dma, might push towards 5900 area now, tactically, one can consider re-selling/hedging SXP after month-quarter-end buying (on lower vols, VIX etc) and ahead of 'liberation day' Copper on highs on Comex, tariffs threat (15% or so arbitrage with LME..) Equities aren’t close to pricing in the suite of growth negative policies already in place let alone a fresh round of tariffs on Liberation Day >>> however, looking through the noise, what Trump Team 'really ideally' wants is a lower USDollar and lower UST yields (lower commodity prices and thus inflation, BUT higher spending = more debt issuance.. #duration risk..) - crude only smalls lower, the key is getting other countries to SPEND so US can pull back, as it has already...push Germany, EU to spend (done), China, Canada (see below..) Before November last year, Stephen Miran  was a little known economist, but a week after President Trump’s election he published a paper that set the financial world on fire. “A User’s Guide to Restructuring the Global Trade System”  calls for a weaker US dollar and big tariff hikes/link below The U.S.-Russia agreed on ceasefire in the Black Sea, removal of sanctions on Russia in agriculture and logistics, and to develop specific implementation on the energy infrastructure ceasefire. "The United States will help restore Russia's access to the world market for agricultural and fertilizer exports, lower maritime insurance costs, and enhance access to ports and payment systems for such transactions" -- White House statement #wheat #corn Time is being called on “US exceptionalism” Ouch: March ⁦Phily Fed Services Index down to -32.5 vs. -13.1 prior … a new cycle low , with new orders falling to -19.5 vs. -1.3 prior, prices paid rising to +36 vs. +23.4 prior, and Conference Board survey on consumer sentiment for March: -Lowest level since Jan 21 (worse than the Jul 22 nadir of Biden's presidency, when inflation hit 9%) You can start drinking orange juice again and eat eggs for breakfast, price down 60% or so this month! Mark Carney is setting the stage to make  a superpower. He's uniting the provinces to remove trade barriers. he's uniting the Western world amid the USA isolationist policies. He's going to build a trade & transportation corridor to move critical minerals, O&G & information Fed's Goolsbee sees lower interest rates in a year's time, but warns of uncertainties, FT reports Fed's Goolsbee sees lower interest rates in a year's time, but warns of uncertainties, FT reports Russia and Ukraine agree to ‘eliminate the use of force’ in Black Sea | Ukraine | The Guardian BOJ's Ueda vows to raise rates if inflationary pressures broaden | Reuters Spring Statement 2025 live: UK inflation rate drops to 2.8% in February ahead of Rachel Reeves statement - BBC News Stocks rally as Trump’s ‘Liberation Day’ is looking like yet another tariff retreat PRIL 2 COULD BRING NEGATIVE TARIFF SURPRISE: GOLDMAN SACHS Goldman Sachs economists note recent media reports have suggested the Trump administration is leaning in a more benign direction on tariffs. Don't be fooled, they write: That attitude probably sets markets up for a negative surprise. Goldman notes that the Trump admin has seen tariffs as a negotiating tool, and will likely want to start from a position of strength. A recent Goldman survey shows that market participants believe reciprocal tariffs coming in April will amount to a 9% reciprocal tariff rate. Goldman itself expects that the initial tariff rate could be double that, which would set the market up for a negative surprise next week. Tymofiy Mylovanov on X: "The U.S.-Russia agreed on ceasefire in the Black Sea, removal of sanctions on Russia in agriculture and logistics, and to develop specific implementation on the energy infrastructure ceasefire That’s a good first step, even if minimal. But more will follow, I am sure 1/ https://t.co/R8TM59XpPO " / X Bill Rice 🦋 on X: "Mark Carney is setting the stage to make 🇨🇦 a superpower. He's uniting the provinces to remove trade barriers. he's uniting the Western world amid the USA isolationist policies. He's going to build a trade & transportation corridor to move critical minerals, O&G & information https://t.co/1r7Asmn6hK " / X Time is being called on “US exceptionalism” - World Socialist Web Site Recession is coming, 'pessimistic' corporate CFOs say: CNBC survey Consumer expectations hit a 12-year low Lots of doom out there How a Key Trump Economic Adviser Thinks About Tariffs Eric Yeung 👍🚀🌕 on X: "Another post by Robert Gottlieb (Ex JP Morgan Bullion Bank executive). Here Robert talks about: 1) The Swap dealers (mostly Bullion Banks) are shortest #Silver now than they ever been for a very long time. They are overextended and exposed! 2) OTC #Silver at the LBMA is VERY https://t.co/4IN7IgaIkn " / X Yups.. Bill Madden on X: "Retired U.S. Army General Barry McCaffery reacts to the insane idiocy of the fascist Trump regime's low IQ Secretary of Defense Pete Hegseth. 😳👇 https://t.co/dkgYh6VQnh " / X Google's Waymo is sending its robotaxis to Washington, D.C.

Markets : USD 'turned' last week, slowly breaking up vs a few pairs (EURO, CHF, JPY etc), SPX500 regained its 200dma 5750 (just) >> IMHO, 'liberation day April 2.' as Trump calls it, is just the beginning of uncertainty for corporations, as tariffs can be put on, off, adjusted as we go along, it may not be catastrophic, but it'll remain uncertain on specific countries, and quite possibly mixed with geopolitics, defense and so on.. The BIG and only question for markets is whether we get a Trump put or a Bessent put (Bessent put is harder tariffs, more DOGE action, lower USD yields and drill baby drill with lower crude prices), or Trump put..just pivoted a little lately (turned last last week..USD, SPX), with softer tariffs talks, DOGE also getting a lot of pushbacks, crude is lower but nothing consequential.. meanwhile though 10's UST yields are back to 4.35 area >>> IMHO the only miracle plan is with a softer USD and lower UST yields, which currently could only be achieved by a proper risk-off scenario, a proper 'detox', asset prices lower, on the back of at least a technical recession, and bounce again for mid-terms..perhaps..AND of course Trump has to deal with 'unintended consequences', since then the EU came together (debt brake, constitutional change), Canada under Carney fisty, China response (DeepSeek etc etc) Donald Trump said auto tariffs would be announced soon and teased the possibility of countries getting breaks in the planned reciprocal system. The WH also unveiled a ‘secondary’ levy of 25% for countries purchasing gas from Venezuela  (BBG), | The dollar index rose for the fourth straight session as traders bet on moderate April 2 tariffs The Trump Administration Accidentally Texted Me Its War Plans. U.S. national-security leaders included me in a group chat about upcoming military strikes in Yemen. I didn’t think it could be real. Then the bombs started falling, by Jeffrey Goldberg , quite astonishing.... IRS officials are expecting tax revenue to drop by more than 10% by April 15, The Washington Post reported U.S real estate market : largest foreign buyers are canadians, mexicans and chinese >>> if you don't even know the rules, or rules can change overnight, and your visa could be nil and void overnight, what are the chances you are going to buy ?.. check out Florida markets.. Fed’s Bostic said he now expects just one rate cut this year instead of two. He also told Bloomberg its unclear whether tariffs will be a one-time hit to prices #BABA’s Tsai sees the beginning of a bubble in the buildout of AI data centres 5 years into the remote work boom, the return-to-office push is stronger than ever—here’s why Trump says tariffs on autos, pharmaceuticals coming in 'near future' Trump says countries that buy oil, gas from Venezuela must pay 25% tariff to US Liberation Day Will Expose the Bark Vs. Bite Ratio - Bloomberg Bank of England to test UK's biggest lenders on trade meltdown scenarios amid concerns over Trump's tariffs Atlanta Fed's Bostic now sees only one rate cut this year | Reuters BOJ discussed chance of more rate hikes at January meeting, minutes show | Reuters The Trump Administration Accidentally Texted Me Its War Plans - The Atlantic 5 years into the remote work boom, the return-to-office push is stronger than ever—here's why Sergey Radchenko on X: "So since everyone (myself included) have been trashing Witkoff, let me offer an alternative view of his interview with @TuckerCarlson, which I think should be watched in full, to give Witkoff the benefit of the doubt. I think he deserves it tbf." / X Worth a read vs this one below - your call Mark Galeotti on X: "People having "fun" denouncing Witkoff for "not understanding the situation" miss the point. He's not an analyst or a moderator. He doesn't care about the facts. He's a political hitman out to impose a particular deal, and he'll say what he needs to set up and justify it." / X Tax revenue collected by the IRS set to plummet, report says Massive inventory boom in Southwest Florida's housing market raises questions U.S. Foreign Property Investment - statistics & facts | Statista Alibaba says to restart hiring, sees signs of start of AI bubble in the US | Reuters South Korea's Hyundai to announce $20 billion U.S. investment Novo Nordisk's next-gen obesity drug CagriSema trial results disappoint investors Open Questions | Economist Michael Pettis on China’s consumption paradox and the pitfalls of a trade war | South China Morning Post China unveils a powerful deep-sea cable cutter that could reset the world order | South China Morning Post First case of bird flu in sheep found on Yorkshire farm - BBC News Not good

Week ahead : global PMI focus, and FED's preferred inflation data (PCE), then we head towards 2. April into uncertain 'reciprocal tariffs' deadline. Long-end UST's gave up a bit of ground again (Eq recovery), new Copper highs , GOLD holding up (slight weakness on Friday though), Silver focus still, BTC seems to have held key support around 82K. Israel, Turkey and UKR-RU 'deal' in the headlines. SPX 200 dma is 5750, first area to sell a few again if you need to reduce WSJ - White House Narrows April 2 Tariffs. Tariffs on industrial sectors like cars and microchips are no longer expected to be announced on that date, though major trading partners will still be hit with so-called reciprocal tariffs GS : " The days of fast and robust annual returns are over. S&P 500 $SPX  will return 3% annualized returns over the next Decade, with a distribution around this forecast ranging from -1% to +7%."...stock picking quality names going forward, we agree! AI will China overproduce now ? Italy’s Starlink talks at ‘standstill’ amid Musk outrage , minister says #SPX : '' option pricing and every metric on the planet showcases that nobody is aggressively hedging / panicking'' >>> correct - investors sold outright, reduced, they didn't hedge Now that Musk and Trump have declared damaging Tesla’s and cyber trucks as an act of terrorism insurance companies are refusing to pay out as the said vehicles haven’t been insured against acts of terrorism Ukraine, US teams hold talks in Saudi Arabia, US envoy hopeful on ending war Exclusive: Some European officials weigh if they can rely on Fed for dollars under Trump AI phases : .. Initially, China came up with DeepSeek, which had been in the planning for a long while, no coincidence it came out on inauguration day ! went viral and open source so that everyone can access it and can integrate it, all of which hurts US companies who thought they were untouchable (lately in particular) Then, China's main competence is to export gadget, mini robots etc And finally, China's gig is to export things at such massive scale that eventually all foregin produce struggle and they win the market (EV cars etc - quite clear strategy..) AI is fabulous, but at the end of the day its about CAPEX and more importantly monetizing the investments made! and that has become questionable..(valuations took a tumble lately..NVDA etc etc) Alibaba-affiliate Ant uses Chinese, U.S. chips to cut AI costs Stock market inflows show investors don't buy tariff doom: Bank of America Forget MAGA—this is Europe’s moment to make itself great and independent again! | Saxo Key points: Europe is undergoing a structural shift toward strategic independence, driven by deglobalisation, rising defence spending, and a renewed focus on domestic resilience. This transformation is creating long-term investment opportunities in sectors like defence, energy, infrastructure, and technology, all backed by strong political and fiscal momentum. A basket of European stocks aligned with this theme  offers investors a way to gain targeted exposure to the companies best positioned to benefit (see the stock list at the end of the article). Key risks include political fragmentation, slow policy execution, and stretched valuations —especially in defence stocks that have already seen significant gains. Michael Pettis on X: "1/14 Barry Eichengreen: "Ultimately, the fate of the dollar will turn on the willingness of America’s leaders to uphold the rule of law, respect the separation of powers and honour the country’s commitments to its foreign partners." https://t.co/2XwOEsqlSd via @ft" / X Exclusive: Some European officials weigh if they can rely on Fed for dollars under Trump | Reuters Ukraine, US teams hold talks in Saudi Arabia, US envoy hopeful on ending war | Reuters Fierce protests after Turkish President Erdogan's main rival Imamoglu jailed - BBC News Canada election: Mark Carney calls 28 April election - BBC News A legal showdown looms in Israel as Netanyahu moves to oust top officials If you missed out on gold’s record run, take a look at silver - MarketWatch Italy’s Starlink talks at ‘standstill’ amid Musk outrage, minister says – POLITICO Shanghai Macro Strategist on X: "There are growing signs that Europe is pivoting toward China amid a weakening Transatlantic Alliance and direct US-Russia talks. This shift is unsurprising. A stronger EU-China relationship serves as a credible bargaining chip for Europe in negotiations with the US. More" / X Tesla Insurance Rates Could Rise as Anti-Musk-Driven Vandalism Spreads People are ditching their Teslas in huge numbers as the Elon Musk backlash grows Elon Musk tells Tesla staffers not to sell their stock Howard Lutnick’s role as tariff cheerleader faces mounting scrutiny amid market turmoil | CNN Politics About time...

Lots of uncertainty out there Markets : SPX 200dma is 5750 (underlying), we haven't really gone close to it to retest (thus beware downside test again), META is the only MAG7 still trading above 200dma.. >>> overall risk of U.S recession on the increase, 2. April tariffs date looming large, DOGE killing sentiment and folks locally beginning to be seriously p**ed off....Lutnick’s pitch on Fox news to Buy Tesla Stock is unprecedented and properly alarming. FX .. beware correction USD shorts, logn EURO's, long CROSSJPY's if risk really takes a tumble again.. Japan CPI grows more than expected in Feb, keeps BOJ rate hike in focus Warren Buffett: "There is nothing about the price action of a stock that tells you whether you should keep owning it. What tells you whether you should keep owning it is what you expect the company to do in the future." The UK, France, Germany and the Nordics are among countries engaged in informal discussions over a managed transfer of defence responsibilities from the US over the next 5 to 10 years (FT) UBS Explores Moving HQ Unless Swiss Reduce Capital Demand - UBS Group AG is considering relocating its headquarters if Switzerland requires the bank to hold an extra $25 bn of capital, didn't they get bailed out by government and tax payers ??.. Bank of England Held Rates at 4.5% as Doves Turn Cautious : The Bank of England left interest rates unchanged today at 4.50%, as widely expected. There was little change in its guidance, which continued to talk of a “gradual and careful” approach to removing restrictiveness Poland – Minister mulls one-off bank tax to fund defence spending Oil Execs told Trump they need $80/bbl >>> no ''drill baby drill..'' unless recession, in which case crude might well go down to $50 Trump’s Commerce Secretary Pitches Tesla Stock on Fox News This IS insane Japan CPI grows more than expected in Feb, keeps BOJ rate hike in focus By Investing.com SNB Shows Reluctance to Cut Again After Rate Hits 2 1/2-Year Low - SWI swissinfo.ch Americans get a bigger tax break for buying an EV than for raising children. ‘What in the world are we doing?’ - MarketWatch FedEx’s (NYSE:FDX) Q1 Sales Beat Estimates But Stock Drops Bellweather stock! Accenture is DOGE's first corporate casualty, shares dive on contracts warning SO many of these about in local US councils.... CALL TO ACTIVISM on X: "Holy shit. This happened last night at the townhall of MAGA Congresswoman Harriet Wageman, who defeated Liz Cheney in deep red Wyoming, where Trump won with over 45%, the biggest margin in the nation. Give 'em hell. https://t.co/TypzaD3bXm " / X Christopher Webb on X: "Trump and Republicans have awakened a sleeping giant—and they will regret it. REPUBLICAN TOWN HALL CHANT: “Tax the rich, tax the rich, tax the rich…” https://t.co/WqOMYJTOHb " / X Apple loses $1 billion a year on Apple TV+ NYSE-bound Klarna signs payments deal with DoorDash COME'ON people, you can't now facilitate 'kebab on credit' , this IS ridiculous ''let me get this straight'''... reminds you of a film back 10y ago...?!?...what could possibly go wrong?... DoorDash partners with Klarna to offer customers 'more ways to pay' Avoid U.S. stocks while 'chaos monkeys' run the show: economist Garry Kasparov on X: "Incredible. Trump shilling stock, Teslas, tchotchkes, and crypto, and here’s his FBI director scamming for money, too. Cash for Kash! Trump’s entire admin seems to be rich people who want power or grifters who want to use their power to get rich. https://t.co/HlJHZt2b8C " / X AMD's Lisa Su has already beaten Intel. Now comes Nvidia competition heating UP big time China's property market edges toward an inflection point Robert Peston on X: "The story of next week’s spring statement will be simple: there will be lower economic growth in 2025, and probably in 2026 too; and as a consequence, there will be less money available for public services for the spending review period 2026-2030. Here are the bald numbers." / X How on earth is this possible ! Heathrow Airport closed after 'significant power outage' due to nearby fire | UK News | Sky News Middle East Eye on X: "🔴 LIVE DAY 531 #Israel #Palestine - Israeli air strikes hit Gaza's Rafah and Khan Younis - Israel’s cabinet voted to remove Shin Bet chief Ronen Bar from his post - US military has carried out air strikes on Yemen for a sixth night Live updates ⤵️ https://t.co/xy3A2bCMJA " / X Tesla stock is facing a make or break year in 2025 – The Armchair Trader Break IMHO is THE risk, as in the brand is properly damaged Tesla recalls all Cybertrucks ever sold in the U.S. Exclusive: Tesla trade-ins on pace for record high amid Musk backlash | Reuters Good news is, for potential new buyers of TSLA second cars...they are much cheaper now!

Markets : a lot has been priced in, USD downside, BUNDs, DAX etc...BUND reaction after German vote quite clear, USD since struggling to 'weaken further', and DAX has toppe dout - possibly too... FED's message not bullish either - big picture, CHINA has also run a long way >>> PAUSING, reducing usd shorts, DAX longs, BUNDs short etc ahead of month-quarterend and April 2. tariffs date, geopolitics etc etc Stagflation : The Federal Reserve has slashed its US growth forecast and lifted its inflation outlook. It now expects GDP growth of 1.7% this year with prices forecast to rise by 2.7% partly due to President Trump’s tariffs. Policy makers kept the main interest rate on hold and pencilled in 50bps of reductions this year. Meanwhile President Trump urged the central bank to cut rates on Truth Social last night (FT, WSJ, BBG)... one of the best headline “Tariff inflation could be transitory.” The Fed gave us a clear ‘signal’ that wasn’t ‘noise’ today. The 4.4% unemployment rate call for year-end would take it 100 basis points above the cycle low. Back to 1948, that has never happened without an NBER-defined recession EU leaders meet in Brussels today to discuss what role they will play in Trump’s efforts to fast-track a ceasefire in Ukraine. President Zelenskiy agreed to a plan for a mutual halt to strikes on energy assets with Russia in a friendly call with Trump. The US President promised fresh support for Kyiv, including air defence systems, and offered to help run Ukraine’s power supplies, Polish, British finance ministers discuss defence spending, FT says Lagarde: The answer to the shift in US trade policies should be more – not less – trade integration, both with global and EU trade partners. The Single Market can contain the impact of global trade fragmentation. A united Europe is a stronger Europe Forget about rare earth minerals. We need more copper Global silver market faces strains as Trump’s tariffs hit Top Tesla investor Ross Gerber has officially called for Elon Musk to step down as the head of Tesla... (or he leaves DOGE...) Amazon now trades at a lower forward P/E than Walmart, is AMZN too cheap ot Walmart still too high though..? the latter IMHO.. OIK MARKET: President Volodymyr Zelensky of Ukraine agreed in phone call with President Donald Trump to accept Russia’s offer for a mutual pause in attacks on energy target Stagflation? Fed sees higher inflation and an economy growing by less than 2% this year Bessent still very transparent about the administration’s plan: 1.De-leveraging the government by shedding excess labour 2.Deregulate the financial system, which, in turn, re-leverages the private sector. 3.Encouraging private sector employment, allowing those initially displaced to be absorbed by a growing economy. Trump calls for Fed to cut rates as economic effects of tariffs start to kick in - MarketWatch Federal Reserve Board - Federal Reserve issues FOMC statement Full statement Ukraine-Russia war latest: Trump suggests taking over Ukraine’s nuclear power plants in call with Zelensky Polish, British finance ministers discuss defence spending, FT says EU slams the door on US in colossal defense plan – POLITICO Nvidia CEO says company has not been asked to buy a stake in Intel | Reuters Nvidia shares fall following new AI chip announcements Rare Earth minerals are important, experts say, but so is copper : NPR Global silver market faces strains as Trump’s tariffs hit - MINING.COM Tesla investor tells Musk to go amid fears his closeness to Donald Trump is harming the business

Markets : Germany to spend €1 trillion following historic vote >>> little bit of a buy rumour, and take profit on the news , euro, DAX etc,  while on April 2 U.S tariffs will 'take into account' VAT taxes as tariffs - WSJ (a lot of uncertainty till then..and thereafter...this could be huge news) and Trump didn't win anything in Russia, au contraire, so watch him possibly react and go nuts on other stuff, tariffs etc. NVDA down smalls after their big day..(had rallied 5-10pct late last week though in anticipation..). FOMC message most likely 'risk to lower growth and sticky inflation due to tariffs'.. BYD's new charging platform for Tesla is similar to what DeepSeek is for Nvidia.. Brussels seeks to purchase weapons for entire EU German lawmakers back defense & infrastructure spending plans with 513 out of total 733, clearing the two-thirds threshold required for constitutional changes Bessent in the same sentence: “Cheap goods are not the American dream… and we want affordability” . You can support cheap affordable overseas goods. Or you can support manufacturing jobs in the U.S. But you can’t support both. Sorry. Saudi Aramco share price falls to a 5-year low , Investors are fleeing the state-owned company after it slashed its total dividend payments due to low oil prices and production. Aramco shares are down ~50% from their all-time high set in 2022 Europe courts US scientists fleeing Donald Trump crackdown . Cambridge university among institutions seeing chance to hire talent unsettled by US spending cuts >>> #U.Sexceptionalismover BOFA survey: fastest rotation from US equities to Europe equities on record (data starts in 1999), BoA: Fund managers see largest ever drop in US equity allocation in March Musk is trying to make our air traffic control system "dependent” on him by integrating his equipment, which has not gone through security and risk-management review. It's corruption. And it's dangerous US chief justice rebukes Donald Trump after president’s threat to impeach judges John Roberts issues rare statement to say attacks on judicial branch of government are not ‘appropriate’...If it sounds like a dictator, and looks like one… even Roberts Amazon Web Services is reportedly offering Trainium-powered servers at just 25% of the cost of Nvidia's H100 chips , aggressively pushing customers toward its in-house AI chips Xi not happy >>> Chinese authorities are scrutinizing Li Ka-shing's $19 billion Panama port deal for any potential security breaches or antitrust violations Hard not to get a negative GDP print from April 2nd tariffs given “Goods imports make up 11% of US GDP, and 43% of US imports come from Canada, Mexico, and China. This means that 5% of US GDP is directly impacted by higher tariffs on Canada, Mexico, and China. This is meaningful when annual GDP growth normally is 2%.” Tosten Slok Turkey detains Erdogan's main rival in what opposition calls 'coup' The Fed will update its rate projections Wednesday. What to expect US chief justice rebukes Donald Trump after president’s threat to impeach judges Nvidia shares fall following new AI chip announcements Germany to spend €1 trillion following historic vote – Channel 4 News Little bit of a buy rumour, and take profit on the news , euro, DAX etc Countries can avoid Trump's April tariffs by cutting trade barriers, Bessent says All the bad news in the latest WSJ tariff report: - VAT taxes will be 'taken into account' in setting tariff rates -The US considered (then dropped) a three-tier system of tariffs that didn't include any 'no tariff' regions -Officials are worried the USTR can't handle all the bureaucracy around tariffs -Officials are worried about legal challenges -Canadian officials were told tariffs were 'virtually certain' -In additional to reciprocal tariffs, there will be 25% tariffs on autos, pharma and computer chips among others Bob Elliott on X: "Central bankers are settling into a do little approach for as far as the eye can see, handcuffed by conditions limiting any urgency for policy shifts ahead. Usually a BoJ, Fed, BOE week would be big, but this week nothing is happening. Something to get used to. Thread." / X Europe courts US scientists fleeing Donald Trump crackdown this is another big sign! Friedrich Merz on X: "„Putins Krieg richtet sich nicht nur gegen die Ukraine, sondern auch gegen Europa – gegen unsere Sicherheit und unsere Freiheit. Gegen diese Angriffe werden wir uns mit allem, was uns zu Gebote steht, in den nächsten Jahren und Jahrzehnten zur Wehr setzen.” (tm) #Bundestag https://t.co/UKAo2vIrKB " / X Trump has completely transformed the Oval Office – with gold ‘everywhere’ | The Independent say no more! Bank of America says fund managers have suffered a ‘bull crash.’ What that means for stocks. - MarketWatch Slower economic growth is likely ahead with risk of a recession rising, according to the CNBC Fed Survey Siemens to cut jobs in automation and EV charging sectors globally By Investing.com ZEEKR Unveils NVIDIA-Enhanced Driver Assistance System for Local Customers The FAA’s Troubles Are More Serious Than You Know - The Atlantic BYD's new 1 MW charging platform marks a tipping point in the EV industry. It can add 400 km (250 miles) on a 5-min charge, almost as fast as filling up a tank of gas. BYD will start by building 4,000 chargers in China. But imagine BYD rolling this out across other countries 'Why didn't you mention it in your manifesto?': Pat McFadden grilled on Labour's benefits reforms Someone had to do it, on day.. Keir Starmer to unveil drastic disability benefit cuts despite opposition | Benefits | The Guardian Breaking: Explosion rocks Trans-Niger Pipeline in Rivers The weight loss drug shortage is over. Some patients are 'panicking' Who wants some penne and a house for free ? Another town in Italy will sell more houses for one euro | CNN