18 Apr 2025
Remarkable how little overlap there is between the main categories of 🇺🇸 imports from 🇪🇺 (pharma, cars, chemicals) & 🇨🇳 (phones, computers, semi-durable consumer goods).
This means limited scope for 🇪🇺 to supplant China imports, which face prohibitive tariffs (main beneficiary is Vietnam). Source: Daniel Kral @DanielKral1
18 Apr 2025
Santander has overtaken UBS as continental Europe’s most valuable bank after Donald Trump’s tariff-induced market rout hit the Swiss lender harder than peers.
Santander Executive Chair is Ana Botín is with no doubt one of the greatest visionaries of our industry. Source: FT, Bloomberg
18 Apr 2025
Why does Citadel's Ken Griffin keep selling his properties at massive losses (in this case $24,000,000)?
Source: Reese Politics
18 Apr 2025
CHINA just SOLD 15,000 BITCOIN, opting to instead buy RECORD amounts of GOLD
Source: Legitimate Targets
17 Apr 2025
We're back to having 0 companies with a $3+ Trillion market cap
Source: Evan
17 Apr 2025
Tech smash
Source: Sven Henrich @NorthmanTrader
17 Apr 2025
From US exceptionalism to US bashing..
Looking forward to see the October cover page... Source: Jim Bianco, The Economist
17 Apr 2025
‼️Wall Street strategists are CAPITULATING on earnings estimates:
➡️ S&P 500 earnings have been revised DOWN for 17 consecutive weeks, the longest streak since the 2022 BEAR MARKET. ➡️The share of firms with higher less lower EPS revisions hit 48%, the highest since the 2020 CRISIS. Source: Global Markets Investor, Liz Ann Sonders, Bloomberg
