Trump says he reached Greenland deal ‘framework’ with NATO, backs off Europe tariffs
President Trump just said: "We have formed the framework of a future deal with respect to Greenland and, in fact, the entire Arctic Region" ... "Based upon this understanding, I will not be imposing the Tariffs that were scheduled to go into effect on February 1st." Dow rallies 750 points. Dollar up. 10-year US Treasury yield down. Silver down. Cryptos up. Source: @realDonaldTrump
The "Great SaaS Meltdown" is here
For over a decade, tech rewarded growth over profits. That model no longer works. AI has fundamentally altered the risk calculus. High-growth, low-profit SaaS is now a liability, not a promise. AI-native competitors can undercut costs and reach scale faster, threatening legacy products before they ever achieve profitability. What once looked like a long runway now looks like a race against displacement. Investors are adapting accordingly. In private markets, VCs are pulling back from funding growth without durable moats. In public markets, profitability is no longer assumed—it must be visible and resilient. Capital is shifting from ambition to efficiency. The takeaway: selling the future is no longer enough. In an AI-native world, efficiency and resilience are prerequisites for survival. Source: Chamath Palihapitiya on X (@chamath)
20 days into 2026 and the Dalio playbook is already crushing
Metals, Defense, EMs, Europe outperforming. US stocks and long bonds lagging. Source: TrendSpider TrendSpider LLC
S&P 500 $SPX remains stuck and continues trading the "eternal" range. Resistance 7000, supports: 6800, 6600 (futures)
Source: TME
Korea's market cap (in white) is about to top Germany's (in blue) on this massive AI rally
Source: David Ingles, Bloomberg
Is Gold Still the Go-To Fear Hedge
Better hashtag#hedge alternatives? hashtag#Gold as the global fear hedge looks expensive relative to the VIX. Volatility remains somewhat elevated despite the recent pullback tied to the Greenland/Trump headlines, but chasing gold here as protection looks late. Source: TME
Cathie Wood's Ark invest predicts digitalassets could reach $28 trillion by 2030, with Bitcoin dominating at $16 trillion by 2030.
Source: Cointelegraph
Emerging Market stocks now outperforming U.S. equities by the largest margin since 2023
Source: Barchart
