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Markets :.. 30year JGB yields jump another 12bps to 3.61 (10's 2.27%..'''YIELDS will keep rising until something breaks'...old bond market adage...), Trump’s entire foreign policy is just: “Pay up, shut up, or I’ll punish you.” And now the world is responding the only way adults do: By cutting him off . ... EU readies €93bn tariffs in retaliation for Trump’s Greenland threat Europe could also threaten to restrict US companies’ market access in run-up to crunch talks at Davos , MUSK seeks up to $134bn damages from OpenAI and MSFT!, America’s $38 trillion national debt is so big the nearly $1 trillion interest payment will be larger than Medicare soon,   Salesforce have admitted, both internally and publicly, that they massively overestimated AI’s capabilities , Private credit investors pull $7bn from Wall Street’s biggest funds , Bessent says the US must take Greenland because Europe is too weak to ensure its own security, Republicans are facing growing calls to impeach Trump over his 'insane' desire to annex Greenland Trade : India’s free trade agreement with the  European Union will be the “mother of all deals,”  says Indian minister Piyush Goyal, India slaps a 30% import duty on US pulses, in retaliation for higher tariffs previously imposed by the United States on certain Indian goods, Europe may expel US military bases from its territory if the US annexes Greenland, - The Economist. The EU also may impose sanctions against US technology companies, The Moscow Times: Urals < $40 — driven by Ukraine strikes — first time since 2020! pretty bad news for RU revenues/budget.. FT - Broad mandate of Trump’s Board of Peace sets it up for rivalry with UN Body was originally planned to oversee Gaza but charter’s expansive wording suggests it could mediate in other conflicts, Trump got some big ideas ! The U.S. is preparing a possible deployment of two Army battalions to Minnesota totalling about 1,500 paratroopers from the 11th Airborne Division. That’s an elite rapid-response combat unit >>> could well be announced today, MLK day.. was leaked over the weekend too US Oil production now 20% of Global Oil Production! DOJ is now arguing that no court can force it to release the Epstein files >>> DOJ is a now officially a rogue state player that only reports to the President, & Trump has no plans to follow any rule of law that he dislikes Deutsche Bank on the Greenland tariff fight: Europe has real leverage because it’s “America’s largest lender.” DB estimates Europeans hold about $8T in US bonds and equities, nearly 2x the rest of the world combined. With USD exposure still high, more Repatriierung/Umschichtung out of dollars could pressure Treasuries, lift Renditen, and weigh on the Dollar. Trump says he plans to sue JPMorgan for allegedly ‘debanking’ him “It’s going to happen again”: Residents say ICE is treating Minneapolis as a “war zone” This looks really ugly Trump hits 8 NATO allies with tariffs as he pursues Greenland | Mint Russian Government Reports On Russian Oil Price Falling Below $40 Per Barrel - Belarusian News - Charter'97 Private credit investors pull $7bn from Wall Street’s biggest funds Funds managed by Apollo, Ares and Blackstone were among those hit by redemption requests in late 2025 America’s $38 trillion national debt is so big just the interest will soon cost more than Medicare | Fortune Judge Sends Musk's OpenAI Lawsuit to Jury Trial in Late April EU readies €93bn tariffs in retaliation for Trump’s Greenland threat Broad mandate of Trump’s Board of Peace sets it up for rivalry with UN Trump got some big ideas! Donald Trump's Gaza Board of Peace membership to cost $1 billion: Reports (1) Samantha LaDuc on X: "DOJ is a now officially a rogue state player that only reports to the President, & Trump has no plans to follow any rule of law that he dislikes. RESULT: Judges are powerless to uphold laws passed by Congress. Congress is impotent to do the will of the people. SCOTUS is" / X Quite.. (1) Peter Schiff on X: "Trump has it backwards. The U.S. doesn’t subsidize the world; the world subsidizes the U.S. The dollar’s reserve-currency status allows us to live beyond our means. Soaring debt, tariffs, and military threats jeopardize that status. When it’s lost, economic collapse will follow." / X "Recently, senior executives at Salesforce have admitted, both internally and publicly, that they massively overestimated AI’s capabilities. They have found that AI simply can’t cope with the complex nature of customer service and totally fails at nuanced issues, escalations, and long-tail customer problems. They even say that it has caused a marked decline in service quality and far more complaints. But the problems go far deeper than that. (1) Reality Is Breaking The "AI Revolution" Swiss food giant Nestlé apologises after biggest baby formula recall in its history - SWI swissinfo.ch

Markets : #USD Donald Trump’s ‘unpredictable’ policies to fuel multiyear shift from US/Pimco (turned seller of US equities)....just wait until we get to midterms.., he also threatened the use of the Insurrection Act (MUSK pushing..), #RARE White House seeks critical minerals import reductions, FED cut only in 2nd half of 2026, AMZN & Rio Tinto when tech and mining meet !, China FX interventions in Dec were MASSIVE-Thread, BofA: No signs of pulling back…Hyperscalers expected to spend $400bn in 2025 and $510bn in 2026 (A lot more debt to be issued..) >>> bonds quiet (long-end ticked ticked up a little), FX pretty quiet, USD back to early Dec levels, USDCNH 6.96 still though (key...without interventions, USDCNH would and should be a lot lower..), software stocks hammered (AI comes for free..), OIL vs Gold relative price (Crude too cheap-chart), Cocoa prices 2y lows! choccy lovers rejoice Trade : Everyone expected tariffs to reduce the current account deficit and restore US jobs. But the numbers tell a different story/Thread, France warns US that Greenland seizure would endanger EU trade-FT, Xi hails 'turnaround in China-Canada ties Geopolitics : f or the first time, Europe has blocked Russian access to the Baltic Sea (could be seriously bad for Putin), U.S-Iran...The strike was real. The reversal was real. This is state-level controlled ignition (Thread) Iran blinked. Trump flexed. But neither side collapsed. This was a trial run , the US gained full-spectrum data on Iranian readiness, US forces seize a sixth Venezuela-linked oil tanker in Caribbean Sea, EU ‘membership-lite’ plan for Ukraine-FT, Iran won’t lift the internet shutdown until at least mid-March, according to IranWire. That is completely insane. Both Fannie and Freddie report Multifamily Delinquencies rise again, hit new Post-Great recession high GOLD : In case you missed it. The four countries that bought the most gold over the past 25 years were dismissed as only ‘a small number of countries’ with a declining preference for the dollar in a paper by the Federal Reserve. The countries referred to: China India Russia Turkey US data centers will consume nearly 10% of the entire US power grid by 2030. This is 4 TIMES the percentage seen in China Iran: UN Security Council called for emergency meeting Security Council LIVE: UN raises alarm over deadly Iran protests and ‘possible military strikes’ | UN News White House seeks critical minerals import reductions - Recycling Today Amazon Web Services signs up as first customer for Rio Tinto’s ‘greener’ copper venture Nuton | The Nightly GoldNuggets — Golden Energy - by Callum Thomas The Fed is unlikely to cut interest rates any time soon. Here’s why that might be good news | CNN Business France warns US that Greenland seizure would endanger EU trade US, Taiwan clinch deal to cut tariffs, boost chip investment EU ‘membership-lite’ plan for Ukraine spooks European capitals Xi hails 'turnaround' in China-Canada ties as Carney visits Beijing - BBC News This is the perhaps best illustration that Trump's new "Monroe doctrine" is objectively achieving the exact opposite of what it intends. George Noble on X: "I JUST BROKE DOWN THE REAL NUMBERS ON TRUMP'S TARIFFS Everyone expected tariffs to reduce the current account deficit and restore US jobs. But the numbers tell a different story. China just posted a $1.2 trillion trade surplus in 2025. The biggest in history. Up 20% from https://t.co/ApGjeHbEin " / X Markets can price risk. They cannot price uncertainty. Right now markets are complacent. The VIX is subdued. Credit spreads are tight. But if the Supreme Court rules against the tariffs, uncertainty escalates dramatically. No one knows what happens to the $195 billion already collected. No one knows if companies get refunds. No one knows what Trump's next move is if he loses this authority. Donald Trump’s ‘unpredictable’ policies to fuel multiyear shift from US, Pimco says US forces seize a sixth Venezuela-linked oil tanker in Caribbean Sea Brad Setser on X: "It has been a while since anyone posted a jaw dropping intervention number. China's December intervention was done through the backdoor (the state banks) but it was massive -- $100b in spot purchases, $120b in spot and in new (net) forwards ... https://t.co/g4X5KDO8HH " / X Germany Starts Blocking Russian-Linked Shadow Fleet Tankers in Baltic and North Seas — UNITED24 Media Germany has denied entry into the Baltic Sea to the Cameroon-flagged tanker "shadow tanker" Tavian. Russia only has 2% of the Baltic coast, while NATO has the rest. A full blockade would have Putin on his knees 'Massive' Russian Losses in Ukraine Push It Toward Breaking Point: Official - Business Insider What does a debt crisis look like in the G10? There's a widespread view that G10 countries can't have debt crises because their central banks can print money and cap yields. It's not that simple. Japan is capping yields but that means its currency is falling sharply. The end of the road in the G10... Multifamily Delinquencies Rise Again, Hit New Post-Great Recession High | Mises Institute Spotify hikes prices for the third time in 3 years SightBringer on X: "⚡️This is a live containment operation. The strike was real. The reversal was real. This is state-level controlled ignition. There was a greenlight. Then a high-level override. Carrier strike groups moved. Bombers were armed. Evacuation flights were ordered, then stood down." / X

Ex GOOG CEO, Eric Schmidt: “Electricity is the natural limit for AI.” Everybody at the frontiers of the AI is saying the same thing: Power is the limiting factor/Thread-video Markets : U.S : The Nov. PPI YoY prices+3%, versus exp of 2.7%, crude down 5% as Trump said he got assurances that the 'killings' have stopped and there are no plans for executions in Iran, he also dais suddenly he has no plan to fire Powell, and apparently he never said he wanted to take Greenland :-) The FED's $420 Billion Wall Street bailout (again..), USD index trading around 50 and 200dma levels (vols super low if you looking for a sudden move), Fed’s Beige Book shows economy picking up >>>> 'ENERGY' equity breaking up #XLE (huge opportunity-see Eric Schmidt below..), JPM was down 5% after earnings, bonds and FX super quiet still, BTC bounced 10pct off Dec lows too, beware second half correction in Jan, after a 'euphoriac' start to the year Geopolitics : Iranian cargo ship Rona has reportedly sunk in the Caspian Sea which was carrying significant weapons cargo to Russia, Denmark’s Foreign Minister after the Greenland meeting: “It’s clear the president has a wish to conquer Greenland.” That’s not diplomacy. That’s colonial language, out loud, German Troops will arrive in Greenland tomorrow, under Danish command., beyond the push for a European Army, the EU just reclassified nuclear weapons as acceptable investment under its ESG finance framework , Son of Iranian Supreme Leader Ali Khamenei attempting to seek refuge in Dubai (and others it seems, also huge cash transfers out of Iran, banks collapsing, approaching end game it seems), Saudi Arabia has formally informed Washington that it will not permit United States military aircraft to use Saudi airspace for any strikes against Iran. Germany's Merz admits: It was a serious strategic mistake to exit nuclear energy The US collected a record $267 billion in customs duties in 2025, x higher than in 2024 Carney government in talks with China about EV tariffs, this would be a massive win for Beijing and one of the fastest ways Canada could fight back against Trump... Rick Rieder of BlackRock says steady CPI data show inflation is “yesterday’s problem,” while labor market weaknesses are now the Fed’s bigger concern. He notes recent strong economic growth has not translated into job gains, a trend the Fed is likely watching closely UK : Khan: We could be heading for new era of mass unemployment We are in the early phase of 4th commodity super‑cycle : a rare convergence of forces with the unwinding of a 40y debt boom, de‑globalization of trade, green‑energy transition, and renewed great‑power rivalries all round the globe, not cyclical but more like long‑term shift, core repricing, debasement of currencies, fundamental repricing of monetary metals, now it's fair to say we already have had to huge move since focusing on this last 1-2years, but now 'energy' should be the focus too.. Oil declines, gold soars in 2025: Next phase in commodity super cycle Iran latest: Protester Erfan Soltani has not been sentenced to death after fears of execution, says Tehran | World News | Sky News Q1 Outlook for Investors: “AI” party hangover needs discipline and diversification | Saxo Bank Switzerland Q4 Outlook for Traders: The Fed is back in easing mode. Is this time different? | Saxo Bank Switzerland Nuclear weapons are now ESG compliant Japan in Crisis - Robin J Brooks The BoJ is still buying lots of JGBs (blue). As long as that's going on, it makes no sense for the MoF to intervene to strengthen then Yen (black). Such intervention quite simply can't work. If Japan wants a stronger Yen, BoJ needs to stop buying JGBs... Trump says Tehran wants to negotiate as he weighs U.S. response to regime's crackdown on protests | CBC News Carney government in talks with China about EV tariffs Khan: We could be heading for new era of mass unemployment Fed’s Beige Book shows economy picking up, employment unchanged US Senate narrowly blocks effort to rein in Trump's Venezuela war powers | Reuters The Federal Reserve’s $420 Billion Wall Street Bailout Massive, unprecedented payouts from the New York Federal Reserve could signal that big banks are seriously short on cash, In all, the new bailouts are already 60% of the amount of the financial crisis TARP bailout. Silver at USD 90 when hard-asset demand meets momentum | Saxo Feels like time to buy some crude - everyone bearish etc etc . . Ole S Hansen on X: "#CrudeOil’s rebound is gathering pace, with both Brent and WTI trading at their highest levels since mid-November. The move reflects a classic short-covering and momentum-driven squeeze after many traders and investors entered the year positioned for lower prices amid widespread https://t.co/PclV4u0Fk7 " / X 𝘊𝘰𝘳𝘳𝘪𝘯𝘦 on X: "🇺🇸🇨🇳🇮🇷 Trump is threatening a new 25% tariff war? Here’s what actually happened last time, in data, not delusion. MAGA keeps shouting “We will make China hurt.” Reality? China answered with numbers, and those numbers buried Trump’s “business genius.” 1、The 145% tariff https://t.co/QWRtybz9DH " / X Meanwhile the US got: • Higher prices • Broken supply chains • Angry businesses • Zero strategic wins Conclusion: Trump didn’t expose China’s weakness. He exposed how irrelevant the US market has become. MAGA hears “strength.” The world hears a declining empire screaming at countries it can no longer control. Oguz O. | 𝕏 Capitalist 💸 on X: "Eric Schmidt: “Electricity is the natural limit for AI.” Everybody at the frontiers of the AI is saying the same thing: Power is the limiting factor. As Trump urges hyperscalers to pay all by themseves for the electricity, I think enablers of the behind-the-meter arrangements https://t.co/tsUPvEdw5A " / X

Markets : USD vs JPY spread divergence (currency vs yields), many confused, see chart-Thread below, yields up & currency down, classic EMG style disaster..!..no wonder wiht 250% DEBT/GDP... (till BoJ intervenes, maybe), the divergence is epic! and MP Takaichi likely to call Feb election, U.S CPI in-line at 2.7% (MORE important is PCE which is trending UP! thread), Powell battles with Trump (how about Powell stays for another term !! that would be quite something, as expected!..Venezuela is a nightmare for Trump too-Thread below, how can CHINA (customs) trade surplus be UP by $200bn (all amid a trade war with the U.S :..surplus with europe..) >>> previous, base metals, commods higher 'what else''.. !!..equity totally unbothered (BONDS super quiet-steady for now anyway), JGB's 30y 3.53% that's the worry #duration, currencies pretty steady too by default though JPY softer, the basket case Geopolitics : Trump urges Iran protesters to persist as death toll rises (does he have a plan !!?), Greenland PM sides with Danemark and Europe (Trump unhappy-again), Putin launches massive missile and drone attack on UKR again, "The world until recently believed that US-China decoupling was on the way. It turns out that most countries are now scrambling to de-risk from America."-FT #USD, SpaceX engineers are working around the clock to bypass Starlink jamming by the Iranian regime Trade : China’s trade surplus swelled to $1.2 trillion in 2025 as exports increased 6.6% last month, more than double the median estimate! (CNH can head higher..), Captured Venezuelan tanker Bella 1 was found to be carrying Iranian drones and large sums of cash, British naval fleet has received the green light to seize ships in the waters of the Atlantic and the English Channel France has opened applications for a voluntary 10-month national service for young people. “From drone operator to baker… nursing assistant, cyber defender.” Spanish police seize record 10 tonnes ! of cocaina! hidden in salt shipment The dark fleet of tankers shipping illicit oil is rushing to seek the perceived protection of the Russian flag after the US seized vessels involved in the Venezuelan trade. At least 26 ships switched registration to Russia since the start of December, Starboard Maritime Intelligence data showed Japanese PM Sanae Takaichi announces that Japan has discovered over 500 trillion yen worth of rare earth #RARE >> less reliant on China.. Silver price nears $90 as record run continues - MINING.COM Iran protest: Death toll reaches 646, Trump says Iran wants to talk Ukraine war latest: Putin launches massive missile and drone assault across Ukraine | World News | Sky News Trump Urges Iranians to Keep Up Protests Amid Crackdown How to de-risk from America China's annual trade surplus hits a record $1.2 trillion as December exports beat Brad Setser on X: "China's $1 trillion trade surplus is one of those facts that folks remember. But China's surplus is actually substantially bigger -- close to $1.2 trillion for calendar 2025 ... 1/ https://t.co/U2cfMAA57T " / X Skanda Amarnath on X: "Womp womp CPI is a fixed-weight basket of goods and services, but PCE inflation is weighted towards how consumers actually spend When you look at the goods where people actually allocate their dollars and prices are less volatile, we're seeing some meaningful upside right now https://t.co/P88d6UHmCR " / X Japan’s Takaichi poised to call snap election just 4 months after taking office | The Independent Trump's 'big problem' warning for Greenland's PM over decision to side with Denmark amid take over bid Greenland summit at White House could shape future of the Arctic CPI inflation report December 2026: Prices rose at 2.6% annual rate Justice department’s probe into Jay Powell galvanises Fed leaders to repel Donald Trump’s attacks Extreme AI Concentration in the S&P 500 - Apollo Academy Recap : a lot of the reasons we talked about in recent months, to NOT hold USDollars George Noble on X: "You might be watching the beginning of the end for the dollar's dominance. And if you're still holding dollar-denominated assets while this unfolds in real time... Let me tell you something: On Friday, the Department of Justice served Federal Reserve Chair Jerome Powell with https://t.co/2UGqcaZIAb " / X British ministers: Law allows shadow fleet tankers to be seized - Baltic News Network Trump Flips off Antagonizing Worker at Ford Plant in Michigan George Noble on X: "I JUST CRUNCHED THE NUMBERS ON TRUMP'S VENEZUELA OIL PLAN And there's a huge problem. Everyone's expecting Venezuela to pump 3M+ barrels per day and crash oil prices. But here's what nobody's talking about: The infrastructure is DEAD. 30 years of socialist mismanagement https://t.co/wHIx2y3htR " / X Police seize record 10 tonnes of cocaine hidden in salt shipment | The Independent The DEA, UK, France, Portugal, and Brazil all helped. JPM: Novo CSO craves 'different flavors' of pipeline innovation Another retail icon going Saks Group reportedly preparing to file bankruptcy after missing debt payment Guilherme Tavares on X: "Something doesn’t make sense here. There is a strong divergence between the JP 40Y vs. U.S. 10Y spread and the JPY/USD exchange rate. The JPY should be trading higher, given that the JP 40Y is trading like a meme stock. https://t.co/9MMbnPq2vA " / X hahah :-) Open Source Intel on X: "In China, driverless delivery vans have turned into roaming memes, unstoppable machines rolling over roads, bikes, and whatever’s in the way. https://t.co/nncGpPktxo " / X

Markets : Great podcast from David Tate on Gold, well worth a listen IMHO (link below) , JPM kicks off earnings season today, JGBs JPY both weaker (EMG basket case..like..), precious continues (debasement, inflate away, debt spiral looks unstoppable with current governments in place...''debt will tears up apart!..'', ''run it hot''...is all current governments know... , Bessent told Trump that investigation of Fed chair creates a mess.. >>> commodities cycle higher is here and yet the whole world is too lightly positioned for it (  2011, the last commodity cycle peaked at 12 percent commodity allocation - Currently we are sitting at ~3 percent-chart available), our final advice is it's still 'overbought short-term, and under-owned long-term!!.. Geopolitics : Iran Is Hunting Down Starlink Users to Stop Protest Videos From Going Global. Video from the streets is one of the few ways of getting information out about the scale of the protests and authorities’ actions, The UK is preparing to raid and seize Russian “dark fleet” oil tankers, according to the BBC, Jerusalem Post: The dominant assessment in israel is that the Iranian regime is moving to completely extinguish the protests within the next 24 to 48 hours. This doesn’t sound good at all...!...American Stratotanker refuelling aircraft and NATO early warning aircraft have been seen circling the southern border of Iran likely indicating large airforce activity ongoing Trade : Trump announces 25% tariff on countries ‘doing business’ with Iran #USDJPY |   The yen weakened to its lowest since July 2024 and stocks soared after Kyodo reported PM Sanae Takaichi intends to call a snap election . The move is aimed at solidifying support for her hawkish political stance and pro-stimulus policies. (BBG)  WELL worth a listen, he has a pretty unique perspective on it, from star trader to CEO, miners, largest gold buyers, anyone more qualified ?.. David Tait: Inside Gold’s Rele…–The Master Investor Podcast with Wilfred Frost – Apple Podcasts Macro, core fear of debt, JPN situation (cash held at home, into Gold etc..), India and deregulation in China, geopolitics and essentially debt spiral, fear of debt, as we been talking for a long while, ''debt will tear us a part''...inflation... Q4 Outlook for Traders: The Fed is back in easing mode. Is this time different? | Saxo Bank Switzerland Q1 Outlook for Traders: Five Big Questions and Three Grey Swans . We have had three strong years for equity markets and US markets are seeing record high valuation. 2026 may get under way with more volatility across markets Q1 Outlook for Investors: “AI” party hangover needs discipline and diversification | Saxo Bank Switzerland Q1 Outlook for Investors: “AI” party hangover needs discipline and diversification "The challenge in Q1 2026 isn’t predicting the future of AI — it’s preparing portfolios for every version of it." Lyse Doucet: Iran's rulers face biggest challenge since 1979 revolution Top Republicans say Trump’s pardons raise 'fundamental questions' about White House process Scoop: Bessent told Trump that investigation of Fed chair creates a mess  A perturbed Treasury Secretary Scott Bessent told President Trump late Sunday that the federal investigation into the Federal Reserve chair "made a mess" and could be bad for financial markets, per two sources familiar with the call. Pirro defends investigation into Fed Chair Jerome Powell amid backlash - ABC News 'Sell America' trade returns as Trump's DOJ probes Powell Trump administration close to finalizing Taiwan trade pact | Financial Post Trump threatens to shut ExxonMobil out of Venezuela Microsoft warns that China is winning AI race outside the west Microsoft warns that China is winning AI race outside the west. DeepSeek’s technology is being rapidly adopted across Africa and beyond, tech group’s research shows UBS CEO Ermotti to step down in April 2027 after steering Credit Suisse integration, FT reports BBC Newsnight on X: "“I think it is fundamentally the end of the Islamic Republic” Ex MI6 Chief, Sir Alex Younger, tells @vicderbyshire that even if the Iranian government suppresses opposition this time, “it’s the end longer term for the Islamic Republic” #Newsnight https://t.co/bAEMTiBd64 " / X

Markets : Powell targeted by federal probe, caping CC interest rates 'another manipulation'', NFP +50K (NO hire NO fire job market..and struggling overall clearly!) , US government interest payments are now up to an annualized record of $1.47 trillion, --Trump-s NO plan on Ven--.. . says he may block Exxon from Venezuela after its CEO called the country “uninvestable.” , europe stages a fight back on Greenland... >>> FED bashing = higher metals, perfect storm, Gold, copper, then energy ?? the subpoena could turn nasty, so perhaps an excuse for an equity market correction lower, January's often see some drastic swings, first move of the year not always the right one, momentum turns, etc etc Geopolitics : European countries, led by the UK and Germany, are discussing plans for a military presence in Greenland, China gets 15-20% of its oil imports from Iran, 56% from Ven (it could have an impact!), the Iranian Regime has begun attacking the Starlink network with military jammers to suppress footage of the revolution, Elon Musk claimed Starlink can’t be blocked (unconfirmed but dreadful reports coming out of Iran, high casualties, AND Iran says it will execute the first group of convicted protest “ringleaders” on Wednesday. Some hangings may be carried out publicly/good grief)...will it push Trump to react before that..?.. In a jaw-dropping warning, French Army General Nicolas Richoux cautioned America by declaring, "Greenland is the red line. If the US invades, they stop being systemic adversaries — they become enemies. If the US attacks Greenland, we must fight the Americans.", Former Dutch Chief of Defence Berlijn warns annexation of Greenland will cost the US its military bases in Europe. "Forget about Ramstein, Lakenheath, Mildenhall, Aviano, Alconbury, Lajes, Móron and Zaragoza" Trump said the US is monitoring Iran protests and “looking at some very strong options.” At least 544 people have died and over 10,000 have been arrested in the unrest, according to activists. Tehran warned the US and Israel against any intervention. The fall of the Islamic Republic would reshape global geopolitics and energy markets. EU demands ‘Farage clause’ as part of Brexit reset talks with Britain Reform UK leader vows to overturn any insurance deal with Brussels, saying such a move would be a ‘democratic outrage’ Fed chair Powell says targeted by federal probe Tillis Statement on Federal Reserve Nominations - Thom Tillis, U.S. Senator for... Iran edges closer to a revolution that would reshape the world UK, Germany discuss Nato forces in Greenland after Trump asks US special forces to plan invasion – Firstpost US will take Greenland the 'hard way' if it can't do it the 'easy way,' Trump says Trump calls for a 10% cap on credit card rates in his latest appeal to affordability concerns | CNN Business Taiwan’s 2025 trade surplus nearly doubles amid AI-driven demand EU demands ‘Farage clause’ as part of Brexit reset talks with Britain Venezuela Oil Boom? BIG setback for Trump as US companies set THESE conditions before investing, say US must ensure… - News24 Malaysia and Indonesia block Elon Musk's Grok due to nonconsensual sexual content Meta just bought enough nuclear to power 5 million homes Nestlé carrying out ‘largest product recall in its history’ - SWI swissinfo.ch December jobs report shows signs of employment slowdown to end 2025 US jobs add 50,000 in December, miss estimates as unemployment dips to 4.4% Swiss unemployment continues to rise - SWI swissinfo.ch NO new hiring like in many other places...and loads of ex CS folks now coming off payrolls Global Markets Investor on X: "🔴Gold is flooding out of the US at a record pace: US non-monetary gold exports surged to a record $17.1 BILLION in October. This refers to physical bullion shipped for investment, jewelry, and industrial use, not central bank reserves. This marks an unprecedented spike https://t.co/qXKtYQsgAG " / X

USDollar could surprise in short-term (heavy short $ positioning, trade deficit way down and so much pumping into system that inflation is unlikely to head down..) Markets : Supreme court decision on IEEPA tariffs is for today, U.S records lowest trade deficit since 2009 !!..boost USD short-term, with heavy short $ positioning in place..(risk to consider that's for sure..) ... Trump again VERY busy... : wants Freddie & Fannie to buy #200bn of MBS (political pressure extending to asset purchases, not just rates!!...). ., tells Xi that he can what he likes with Taiwan, stated that he doesn't need international law and he will sacrifice NATO for Greenland, might put boots in the ground in Mexico now >>> mortgage bond rally, $11trn of AI capex, Miran wants 150bp FED cuts and defense spending heading to $ 1.tr n >>> inflation ain't likely to go down with all this !!. now US deficit way down could trigger some decent USD buying in short-term Geopolitics : Iraq has decided to take one of the world’s largest oil fields away from Lukoil, the “final nail in the coffin" (yesterday) for Russia’s energy influence in the Middle East: Iraq nationalised Russia's Lukoil oil field, Trump said U.S. forces will begin special operations & land strikes on Mexican soil /attacking Mex cartels) , Russia rejects US President Trump's 20-point peace plan to end the war in Ukraine (of course) "Cuba gives protection to Venezuela, and Venezuela gives Cuba money through oil - and it’s worked that way for a long time - but it doesn’t work that way anymore, so I don’t know what Cuba's going to do. I think Cuba's going to fail." October trade deficit narrowed to $29.4B vs. $58.7B est. & $48.1B in prior month, lowest since 2009… imports -3.2%; exports +2.6% - quite extraordinary really, the trade deficit dropped steeply, hitting its lowest level since 2009, could test current USD short positioning in market...beware.. silly things can happen in Jan.. Korean media reported that big tech companies from the US are staying long-term in hotels around Pangyo and Pyeongtaek, desperately "begging" Samsung and SK Hynix for DRAM allocations. The situation is reportedly so dire that industry insiders are even calling them "DRAM Beggars." US records lowest trade deficit since 2009: Trump credits tariffs, calls it 'unprecedented success' – Firstpost Iran protests live updates: Iran cuts internet as crowds join crown prince-led protests Trump Says ‘It’s Up To’ Xi Jinping What China Does In Taiwan - The New York Times ''You run your hemipshere and I run mine''..!!?? Trump says he wants to ban large investors from buying houses | AP News Donald Trump threatens land strikes in Mexico to target cartel action | The Nightly "We are going to start now hitting land with regard to the cartels. The cartels are running Mexico." Trump wants purchase of $200 billion in mortgage bonds. What that means for mortgage rates. >>>> they both have been adding bn's of MBS & home loans to their balance sheets— boosting total positions to more than $220bn,t here is a $450 bn cap, so yes they can do another 100bn+ What is the Monroe Doctrine, and how is Trump reasserting it? Rio Tinto and Glencore restart talks over mega-merger that would create the world's largest mining firm Big Tech, which has become a 'DRAM beggar', stays in Pangyo and Pyeongtaek and "shows to pick up volume" Apple executives are 'booking extended hotel stays' in South Korea and the reason is Samsung and SK Hynix - The Times of India T his will be important - either way Trump approves Russian sanctions bill to pressure Moscow over Ukraine war | Fox News The U.S. Senate is advancing a bipartisan sanctions bill aimed at squeezing Russia’s economy to pressure putin to end its war in Ukraine. Trump has “green-lit” the legislation to proceed in Congress, which if/when passed would allow the US to impose very fierce tariffs on nations continuing to trade with Russia, especially by importing its energy exports #URA Call it a Comeback: Nuclear Capacity Poised for Global Growth Huge copper shortage to pose ‘systemic risk’ to global economies, warns S&P AI to boost copper demand 50% by 2040 — S&P - MINING.COM NEXTA on X: "Iraq has decided to take one of the world’s largest oil fields away from Lukoil The Iraqi government will take control of the West Qurna-2 oil field for 12 months, Reuters reports. The field accounts for about 0.5% of global oil production. During this period, the authorities https://t.co/Htf6E4SGGi " / X Mark on X: "⚠️ BUCKLE UP: 2026 GEOPOLITICAL PREDICTIONS FROM A PROFESSOR WHO GOT TRUMP, IRAN, & UKRAINE RIGHT. Professor Jang uses game theory & history to forecast global shifts. His track record is uncanny. Here’s his alarming analysis for 2026. THE GRAND GAME: US vs. CHINA ➡️ The core https://t.co/kNFH8aokhL " / X

Trump had a lot to say last night (housing purchase, Ven, banning sharebuybacks on defence Co's, etc), and Trump just signed a memo, the US is withdrawing from 66 international organisations (31 UN + 35 non-UN) that reportedly no longer serve American interests, show of force though from the special forces, 2 tankers 'taken' pretty easily, Russia got outmuscled, humiliated here (they had submarines there and did nada..), Trump 'greenlights' bipartisan Russia sanctions bill - Senator Graham, and till a LOT going on in Iran currently ! incredible scenes there...this looks like a pretty serious change coming! Markets : ... Financial conditions keep loosening as investors get excited about the potential for both fiscal and monetary stimulus this year. Yields on junk bonds have fallen to the lowest since 2022, despite bankruptcies starting to creep higher (and low VOLs. VIX kept market buoyant lately..), and overall G3 Fiscal Policy Very Expansionary in 2026 (Apollo), China told local tech bro's to stop buying NVDA chips, German industrial orders surprise at +5.6 vs -1% exp, BIS paper on AI boom (debt) worth a read, BIG Oils want U.S govt guarantees before Ven investment (>>capitalism for you, socialism for them..), Job openings dropped to 7.1M in November, undershooting expectations and hiring pace must softer-basically gone down to nothing in the last 6months!! (charts available), precious down on the rebalancing, tested Xmas highs, and back down, time for a welcome consolidation, Trump announced plans to increase U.S. military budget for fiscal year 2027 to $1.5 trillion. An absolutely staggering figure Geopolitics : There’s a good chance Moscow attempted a high-risk weapons transfer to Venezuela to gain leverage in Ukraine negotiations. The US clocked it early. Ship turned round - and got seized. Massive humiliation for Russia, Russia might lose its far east territories to China. The Chinese are now openly discussing "liberating" the region from Russia on social media. In Iran, Reza Pahlavi addresses all members of the Iranian security forces in Persian and calls on them to stand on the right side of history, well well, Danish soldiers ordered to fight back if US invades Greenland, Copenhagen confirms Amazon is eliminating 2,400 jobs in Washington state, a decision tied to a ten-year investment into artificial intelligence technologies >>> There are now 685k more Unemployed Persons than Job Openings in the US. Excluding the 2020 covid recession, this is the widest spread we've seen since 2017. Labor market continues to cool... Palantir cofounder Peter Thiel on tech companies and dividends: “You can’t issue a dividend. The day you take that $30 billion and send it back to people, you’re admitting you’re no longer a tech company.” Polymarket refuses to pay bets that US would ‘invade’ Venezuela Danish soldiers ordered to fight back if US invades Greenland, Copenhagen confirms | Euractiv Exactly... DANISH PARLIAMENT MEMBER: “ had 30 bases on Greenland, why did you leave? You can resume that tomorrow without attacking a NATO ally… the rationale lacks factual foundation and doesn’t stand any logic testing.” (Unless the point is to hurt us and end NATO, a Putin/Xi goal) Iran protests enter ninth day as Trump renews intervention threat Trump 'greenlights' bipartisan Russia sanctions bill - Senator Graham US JOLTS Job Openings decline to 7.14 million in November vs. 7.6 million expected A HUGE amounts of under 30yearsold are finding out that getting good paid jobs will be Very tricky to say the least...Society is NOT ready for these consequences...! #AI ! Why Trump wants Greenland and what makes it so important for security European leaders push back over Trump's renewed Greenland interest Trump weighs using U.S. military to acquire Greenland: White House Trump demands defence companies stop buybacks and dividends | Financial Post Trump says he'll ban large investors from buying single-family homes The likes of Blackstone hit immediately The 66 global organizations the US is leaving | AP News Live updates: Minneapolis Public Schools cancels classes for Thursday and Friday Why 2026 Could Be Silver’s Breakout Year: The Asymmetric Bet on Monetary Chaos Ukraine–Russia at a crossroads: How the war evolved in 2025 and what comes next Russia really struggling, 3 day war getting a 4year war, leading to nowhere, and 1.2mio casualties, sanctions biting, black sea fleet dominance gone, 'proxies' quietly backing away Financing the AI boom: from cash flows to debt Highly recommended, "Financing the AI boom: from cash flows to debt" by Iñaki Aldasoro, Sebastian Doerr, and Daniel Rees. "While macroeconomic and financial stability risks from the AI boom appear moderate, the boom’s sustainability hinges on AI firms meeting high earnings expectations. The fact that equity prices have run far ahead of debt market pricing underscores this tension." G3 Fiscal Policy Very Expansionary in 2026 - Apollo Academy ISM services PMI unexpectedly rises in December Polymarket refuses to pay bets that US would ‘invade’ Venezuela Eli Afriat 🇮🇱🎗 on X: "🚨🇮🇷BREAKING: Reza Pahlavi addresses all members of the Iranian security forces in Persian and calls on them to stand on the right side of history. The fall of the regime is a matter of time and therefore they should use their weapons to protect the people and not to harm them. https://t.co/5tRFo38yow " / X 2025: The Year in Charts - Charlie Bilello's Blog Good recap of 2025 via charts! The Kobeissi Letter on X: "Trump is going after the US housing market: President Trump just announced he is BANNING single-family home purchases by institutional investors. Within minutes, Blackstone's stock erased as much as -$17 BILLION today. What happens next? Let us explain. (a thread) https://t.co/EgX4qZppVh " / X

Russia has deployed a submarine and multiple naval assets into the North Atlantic to shield the tanker Marinera (pic is not ''it'', but its similar..) from a potential U.S. seizure (what the hell is on it..) & many Iranian and Arab sources report that the United States is preparing to launch large-scale air strikes against Iran, in which Israel would also take part, many reports of big U.S air force taking off from U.S and bases in UK, heading to Middle East Markets : #JGB 30y yields 3.5% (highest in history), Trump say 'Yes', but Big Oil companies say NO, they were NOT consulted on Venezuela investments, US Supreme Court could issue key Trump tariff ruling on Friday, SILVER back to the highs, debasement trade continues as expected, equity markets fuelled by early 2026 liquidities pumped in.. metals tested 'Christmas highs' again, geopolitical risk on the INCREASE all over the globe, markets for now a big 'meehhh' LOTS going in Geopolitics : India's largest importer has abandoned Russian oil (this could be BIG news) , Donald Trump has agreed to both deter attacks by Russia and - if it comes to it - defend Ukraine in the event of a peace deal with Russia, Japanese Prime Minister Sanae Takaichi:  "Challenges to the international order are becoming increasingly severe."  "In the Indo-Pacific region, we see a further increase in military forces from China and North Korea, as well as strengthened cooperation between China and Russia and between Russia and North Korea.", China bans export of dual-use items for military purposes to Japan over Taiwan remarks Arctic security remains a key priority for Europe. We agree: Denmark – including Greenland – is part of NATO. Security in the Arctic must be achieved collectively: in conjunction with Allies including the United States. Greenland belongs to its people. Quelle surprise !... The majority of British people want to ditch the failed brexit project and rejoin the EU Do tariffs boost inflation? A SF Fed paper suggests the answer is no because they produce a bigger downward hit to growth by raising uncertainty and crimping consumer and business demand US Supreme Court could issue key Trump tariff ruling on Friday China bans export of dual-use items for military purposes to Japan over Taiwan remarks | The Straits Times Protest-hit Iran warily watches the US after its raid on Venezuela UK confirms Raven and Gravehawk air defence to Ukraine Empty oil tanker Bella 1 sparks naval face-off between US, Russia The saga of the Bella 1 and the mysterious US Special Forces movements American anti submarine P-8 Poseidon aircraft are flying operations off the west coast of Britain attempting to search for the Russian submarine detached to protect the infamous sanctioned Bella tanker ....Russia is desperately trying to stop the US boarding the Bella 1 tanker....why one wonders.. Defence Index on X: "👀 KEEP EYES ON THE ATLANTIC | A U.S. RUSSIA NAVAL STANDOFF IS UNFOLDING The focus is on the sanctioned oil tanker Bella-1, a vessel linked to Iranian interests and now sailing under a Russian flag, as it attempts to cross the North Atlantic toward Russian waters. The United https://t.co/wn04TXA0ub " / X Trump demands Venezuela kick out China and Russia, partner only with US on oil: EXCLUSIVE - ABC News Big Oil doesn’t share Trump’s dream of making Venezuelan oil great again | CNN Business Almost no rigs are operating in Venezuela as it’s been nearly impossible to bring on additional capacity given Venezuela’s infrastructure issues; if you can’t get product to market, it doesn’t really matter if you have it; there is simply no way of reliably getting it to market..! Even Trafigura is careful about going into Venezuela, need legal framework first.. Trafigura to Discuss Venezuela With US India's biggest importer halts Russian oil purchases, Reuters says | RBC-Ukraine Russian rude trading below 40$ - this must hurt Ukraine war live: UK and France will send troops in event of peace Trump won't rule out military force to acquire Greenland: White House | World News - Business Standard Argentina’s FDI Turns Negative for First Time in 22 Years - The Financial Analyst Milei has looted the gold, flogged state assets to offshore private equity (Trump cronies no doubt)...locals now poorer, and capital fleeing out...not good ! Do Tariffs Cause Inflation? New Studies Offer Surprising Answer - WSJ #BREXIT failure - the facts What's behind Starmer's notable shift on closer ties to Europe? OSINTdefender on X: "The U.S. Department of Justice says it has reviewed “less than 1%” of the Epstein Files in preparation for release, with only 12,285 documents having been released of more than 2,000,000. This is despite the date the Justice Department was required to release all the files under https://t.co/vmJSK5Gw0N " / X

Greenland ....a lot of noise about not very much ?..the U.S. could in principle have a bigger military presence in Greenland again, but only if Denmark and Greenland agree under their defense treaties. Historically the U.S. operated more than a dozen installations there during the Cold War, including large sites like Thule Air Base (now Pituffik Space Base), but today Pituffik is the only active U.S. base on the island, all this wihtout 'taking over' Greenland.. So... Trump didn't take over Venzuela, Maduro's cronies are still running the show, Maduro was immediately replaced… by the same regime, Maduro was illegally extracted and could win his trial !! and the consequences are unknown, as usual everyone is a speciliast on Oil and Venezuela suddenly , Trump on Cuba: "I think it's just going to fall. I don't think we need any action'' Markets : USD slightly softer, risk higher, metals higher, PMI later on and Barkin talks, MS über bullish rare earth over nextr 10years (Thread), base metals catching up vs precious metals, despite the big run in XAGUSD prices #SILJ is relatively pretty cheap, has some catch up to do in 2026.. #URA powering ahead already, OIL companies were NOT consulted by Trump on Ven about investing there Ray Dalio : Naturally, as a systematic global macro investor leaving 2025, I reflected on the mechanics of what happened, particularly in the markets. That's what today’s reflection is about >>>> IMHO, his real message is that we've clearly! started to see the collpase in the value of money (PPP), mainly USD clearly, for GOLD and other precious metals... >>> play accordingly in 2026 and beyond !! Geopolitics : Cuba Prepared Their 2K12 Soviet Air Defense Systems After Trump Threatened The Island Nation, China: We urge the United States to stop using the so-called China threat as a pretext for selfish games (>>Chinese are shocked by the efficacy of the operations...), TRUMP: Colombia is very sick too. Run by a sick man who likes making cocaine and selling it to the US, and he's not gonna be doing it very long, Nicolás Maduro declares 'I am innocent' and 'still president' in Manhattan court appearance Janet Yellen warns the $38 trillion national debt is testing a red line economists have feared for decades Trump’s ‘American Dominance’ May Leave Us With Nothing. The president’s moves in Venezuela foretell a new global system/The Atlantic Microsoft Word - 04-806 - Denmark - Defense.docx Greenland should prepare for possible expansion of Pituffik Space Base, expert says - ArcticToday You can grow the military bases... but not 'invade'... keeps media busy.. Germany's Foreign Minister Johann Wadephul reminds the United States if they attack Greenland it'll be war with Europe: “Greenland is part of the Kingdom of Denmark. And since Denmark is a member of NATO, Greenland will, in principle, also be subject to NATO defence”. Big oil doesn’t share Trump’s dream of making Venezuelan oil great again Michael Burry (@michaeljburry): "This is a terrific history of Venezuela and US involvement. Must-read for all as we consider the implications of this weekend. " Venezuela's Nicolás Maduro declares 'I am innocent' and 'still president' in Manhattan court appearance, pleads not guilty - ABC7 New York Just imagine if he is found not guilty ... for whichever twist in the law Growing Iran protests rattle leaders as Trump threatens to intervene iRAN'S LOST Trump’s ‘American Dominance’ May Leave Us With Nothing - The Atlantic TrendSpider on X: "The founder of the world's largest hedge fund just dropped his roadmap for 2026. We ran it through Sidekick to break down the key takeaways and where he’s positioning as markets shift. Here’s the breakdown: https://t.co/aujXEac9pr " / X AI and geopolitics set stage for Europe’s investment boom | SEB Prety good read and like the views! Is the Silver bull market over or is there more to come in 2026? – The Armchair Trader Janet Yellen warns the $38 trillion national debt is nearing a red line economists fear | Fortune Cuba Reactivates Cold War-Era Air Defenses After Trump’s Warning, Why Threat Was Issued, How Strong Cuba’s Military Really Is US factory sector contracts for 10th straight month in December | Reuters UBS Bets on Unified Leadership to Unlock Post–Integration Value Everything Nvidia's Jensen Huang announced at CES 2026 But of course... US-based multinational companies exempt from global tax deal | AP News Norway selects British-made frigates to beef up maritime defence in $17 billion deal | The Straits Times Critical Minerals Journal (@criticalmineralsjournal): "Morgan Stanley is projecting rare earth permanent magnets to explode over the next decade: ~38× in volume (from ~3.5 kt in 2025e to ~135 kt by 2035e) ~57× in value (from ~$189M to ~$10.8B) This is insane! And it’s a reminder that the critical minerals cycle hasn’t eve…"

Markets : 2026...commods... Retail Investor portfolio allocations to Commodities remain historically low... Especially commodities ex-precious metals (still at a record low - chart available on request) , precious metals already showing strong signs in early Jan ! >> major realignement - geopolitcal shifts, rare earth, metals hoarding 'game on', all about crude, hard assets. ..no one will ever invade countries for their Renewable Energy.., bonds zz's, USD steady to soft, equity longs unbothered broadly speaking right now, precious up 'what else', crude pretty steady too so far Geopolitics : China Slams US ‘Hegemonic Acts’ After Strikes on Venezuela , Trump threatens Colombia, Cuba (.. Trump: "Cuba is ready to fall.") and others, Greenland in play of course, Trump warns Venezuelan VP Delcy Rodríguez in magazine interview, NK fired a few misslies over Japan to remain everyone they are still there, Russia spent $5-10bn on Venezuela and they lost it in 2 minutes (initial US targets-anti missles stuff), embarrassing start for Moscow in 2026, they are losing their allies 1 by 1, Khamenei Plans Exit To Moscow - IRGC Lose Power In Iran, HUGE nationwide protest going on there with locals fighting revolutionary guards... unprecedented.. >>> this looks like a BIG geopolitical realignement, not seen since the early 90's, China has (probably) lost the Venezuela battle: $20 billion in oil investments gone, $60 billion in unpaid loans a massive loss... After the U.S. captured Maduro, Zelensky didn’t mince words about Putin: “If it’s possible to deal with dictators like that, just like that, then the United States knows what to do next.” UK should seek ‘closer alignment’ with EU single market, Starmer says, stop talking and move on ! France reiterates its support of Denmark, Greenland sovereignty after renewed Trump threats China Slams US ‘Hegemonic Acts’ After Strikes on Venezuela Venezuela-US latest: Trump threatens military operation against Colombia Rubio explains how U.S. might 'run' Venezuela after Maduros' ouster Seems farfetched, Venezuela beenrun by multitude of Generals.. they are still all there >>> SAXO positioning ideas Venezuela With Maduro captured what is next and how to position | Saxo Is Ayatollah Khamenei preparing to flee to Russia as protests spiral in Iran? Starlink offers free internet in Venezuela after U.S. strikes, Maduro arrest France reiterates its support of Denmark, Greenland sovereignty after renewed Trump threats | The Straits Times Putin's colony of "exes" growing: Venezuela's vice president already in russia | Ukrainian news Putin's heavy investment in the regime of Venezuelan former President Nicolás Maduro has been a costly and disastrous failure, according to Russian commentators. They admit that Russia is too weak to stop its allies from being picked off one by one by the West “Trump is utterly wrong, utterly lying, when he says that the oil companies were stolen from the Americans, they were fully compensated, they had received compensation over and over and over, in addition to what they had extracted in profits out of Venezuela previously..” —Venezuelan Historian Miguel Tinker Salas Trump says U.S. will govern Venezuela until there's a 'proper transition': 'We are going to run the country' Trump Says US to ‘Run Venezuela’ for Now as Maduro Flown to NY   President Donald Trump said the US would run Venezuela until a leadership transition could be organized, hours after a US operation captured leader Nicolás Maduro, ousting the strongman from power and delivering him to US soil late Saturday. “We’re going to run the country until such time as we can do a safe, proper and judicious transition,” Trump said at a news conference at his Mar-a-Lago estate in Florida. “So we don’t want to be involved with having somebody else get in, and we have the same situation that we had for the last long period of years.” Trump offered almost no details on how the US would “run” a sovereign nation when its vice president, legislature and military were still in place and publicly opposing the US move. He said it would include deploying US oil companies to the country, though he indicated that his embargo “on all Venezuelan oil remains in full effect” and that US forces would stay on alert. “We’re going to have our very large United States oil companies, the biggest anywhere in the world, go in, spend billions of dollars, fix the badly broken infrastructure, the oil infrastructure, and start making money for the country,” Trump said. Venezuela Shock: Watch Second-Round Effects China says it cannot accept countries acting as 'world judge' after US captures Maduro | Reuters OPEC+ Sticks With Plan To Keep Oil Flow Steady Amid Turmoil UK should seek ‘closer alignment’ with EU single market, Starmer says Low-cost ways to level up your career growth in 2026 ChrisO_wiki on X: "1/ Vladimir Putin's heavy investment in the regime of Venezuelan former President Nicolás Maduro has been a costly and disastrous failure, according to Russian commentators. They admit that Russia is too weak to stop its allies from being picked off one by one by the West. ⬇️ https://t.co/olZHfW4vg7 " / X

Markets : Venezuela regime 'change' maybe, Beijing Aegis failed! Venezuela's "strongest air defense in South America" collapsed during US military operations , Putin loses more allies..Syria, Venezuela, Iran ...???..... A LOT OF military activity in-around-above and huge amount of protest going on in Iran currently.... clearly russian population beginning to doubt the narrative..(when propaganda doesn't work anymore..), some ideas of stocks to have a look at (Threads) >>> overall debasement continues, fuels risk overall but beware long positioning overall, USDollar stays weak (Trump wants it weak #AUDUSD got to be in there, together with short USDCNH), if WTI goes to $40 (Trump wants it..), bonds will go bid, big picture market should continue to reduce big Techs and rotate into real assets, solid - quality balance-sheets, commodities, URA, energy etc..precious metals higher overall (overbought short-term and underowned long-term..) Geopolitics : Venezuela (because of Trump's trade war, U.S needs rare earth , heavy crude and Gold..), whos next ? Greenland ? Cuba ?.., North Korea fired two ballistic missiles into the Sea of Japan, power outage in Berlin last 2 days, Iran protests rattling leaders, as Trump threatens to intervene, Trump wants to sell Ven oil to China, in USD (won't happen..), more going on one would suspect....US military transport continue to land in the UK in large numbers..on their way to where next...?... British voters want to be part of EU more than French and Italians, poll reveals Marco Rubio: The U.S. doesn’t need Venezuela’s oil—we have plenty. What we won’t allow is Venezuelan oil being controlled by China, Russia, or Iran. This is the Western Hemisphere, and we won’t let adversaries use it as a base of operations Iranian forces on high alert following military council meeting. 🚨⚡️BREAKING: The UAE has cancelled all night flights to Iran US Attack On Venezuela Live Updates: Caracas Activates Armed Forces After Nicolas Maduro's Capture - News18 OSINTdefender on X: "Following the arrival of roughly a dozen C-17A Globemaster IIIs last night and today at RAF Fairford in England from bases in the United States. Local channels are now reporting that at least five MH-60K Black Hawks and one MH-47G Chinook from the U.S. Army’s 160th Special https://t.co/H0BsjMccnU " / X Beijing Aegis failed! Venezuela's "strongest air defense in South America" collapsed amid US military operations - Politics - Liberty Times e-newspaper Zelensky Targets Russia’s Electronic Warfare Supply Chain With New Sanctions Putin is about to be knocked off his perch Growing Iran protests rattle leaders as Trump threatens to intervene Is this happening?... Pahlavi thanks Trump for support of Iranian protesters, shares ideas to topple regime German exporters face prolonged slump in key U.S., China markets | Reuters The thing is... there are many chatters that Danemark... well might not care all that much , sell it for $50bn ! and move on ? Trump likes to trade... Denmark irritated by top Trump staffer's wife endorsing US annexation of Greenland | Euractiv U.S. Secures Silver Smelter Deal to Process Latam Metals | Scottsdale Mint The US Dept of War announces investment of over $2 Billion for a US Smelter to process critical minerals such as Silver and more. What will be a $7B+ total build, this is the first such facility since the 1970s to be built to process CONCENTRATES. Currently only dore (higher grade of metal) is refined in the States. This marks a massive move to reshore critical infrastructure. Power outage in the south-west: Emergency accommodations set up – Berlin.de What a Soros theory can tell us about the AI boom Philip Coggan: "It is a mug’s game trying to predict the end of a boom with any precision. They last much longer than anyone might reasonably expect. That is true of bull markets, as well as economic advances. The reason is that markets and... Brexit: British voters want to be part of the EU more than the French and Italians, new poll reveals | The Independent Tesla Falls Behind China’s BYD as EV Sales Drop for Second Year - WSJ Some ideas Felix Prehn 🐶 on X: "7 Stocks That Could Win Bigly from a US friendly Venezuela" / X and Serenity on X: "US has now toppled Maduro's regime in Venezuela. Everyone's first thought is: How do I profit off Nation Building in Venezuela? Here's how: 1. Distressed Debt + Bonds ( $ASHM, $HLI, $LAZ ) 2x–3x multiple from "pure play" distressed Venezuelan debt owned by Ashmore $ASHM. https://t.co/GUdvm1WNUS " / X Michael Pettis on X: "1/7 SCMP: "As China grapples with persistent deflationary pressure, scholars from one of the country’s top universities have urged the government to take more forceful action to prevent the economy from becoming trapped in a Japan-style downward spiral." https://t.co/qH6dcXVkNT " / X Otavio (Tavi) Costa on X: "Happy New Year, everyone! As we look ahead to next year, here is a critical thought to consider: The current estimates for the Fed funds rate are materially mispriced, in my view. Markets are pricing in only two rate cuts over the next two years. That view fundamentally https://t.co/QaYaUBR7hD " / X