Paradigm shift
For better or for worse
January Book recommendation
The World for Sale - A great read to give you an idea of the reach and power of these large commodity trading houses and the actual influence they have. Most of you have probably read this.
Recommended articles
Deep Seek- threatening US dominance
Stargate 500bln US investment in AI
China outloook In a series of compelling charts
JFK files ordered to be released by Trump
Meta's year of efficiency on the way
Credit outlook for 2025 and data centre financing.
DEI is officially shutdown
Axios poll on DEI initiatives
End this stupid war now- Trump threatens more tariffs on Russia
What it costs to run planet earth.
Calendar for the week:
Its a busy one this week for economic data.
Monday:- Quiet. earnings from T
Tuesday: US CB Consumer confidence, earnings from LM, GM, SYF +++
Wednesday: FOMC, earnings from MSFT, META, TSLA, ASML, IBM, WM, GD +++
Thursday: ECB Rate decision. Earnings from-APPL, V, MA, CAT, CMSCA, INTC, MO,NOC,BKR
Friday: US Core & headline PCE. Earnings from XOM, CVX, PSX ABBV
'‘If we don't make a Ukraine deal soon, US will put high levels of taxes, tariffs, and sanctions on anything being sold by Russia to the US''. Donald Trump
The week gone by kicked off with the usual pomp and circumstance one would expect from a presidential inauguration. Day 1 was here. On Monday, I released a special report on DXY as there was some outsized volumes trading in Euro index and in DXY. The read across was obvious to risk markets, with equities performing strong and gold dialing in higher prices.higher. Bond markets ranged to higher territory with a large downward imbalance holding from YPVAL on the US 10 year.
The week ahead is fraught with volatility. The lions share of the mag 7 will announce earnings this week for full year and Q4 2024. Its going to be a wild ride. We need to pay strong attention to an emerging story about Deep Seek and any risk here getting priced into the mag 7- formerly called The S&P500.
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