Another big move today
US dollar around the start of Trump 1.0 and 2.0
US economic data related to the CONSUMER has surprised to the DOWNSIDE by the most in over 2 years.
This comes as Americans pulled back on spending due to deteriorating labor market conditions and high inflation. 🚨Spending reflects 2/3 of the US GDP. Source: Global Markets Investor, Goldman Sachs
EU defence stocks so far this year....
Source: Koyfin
2025 returns by country:
Germany +21% Italy +19% France +17% UK +12% US -0.5% Source: Ben Carlson @awealthofcs
"SPY put volume spiked yesterday to the 3rd highest in history.
Previous 2 spikes were bottoms for the S&P 500. QQQ Put volume made a new all-time high yesterday" Source: GS thru www.zerohedge.com
Happy 68th Birthday to the S&P 500! 🎉📈
Yesterday marked a significant milestone in financial history On March 4, 1957, Standard & Poor’s officially launched the S&P 500 Index, replacing its previous 90-stock index. For nearly seven decades, the S&P 500 has been a benchmark for the U.S. equity market, evolving alongside the economy and shaping investment strategies worldwide. From its inception to becoming a cornerstone of global finance, the index has stood the test of time, reflecting innovation, resilience, and market dynamics. Here’s to 68 years of market history—and many more to come! 🥂📊
"Carmakers in the US rely on Canada and Mexico for more than 80% of imports of some key auto parts...
There’s even US value added embedded in cars imported from Mexico and Canada — so tariffs on these goods mean the US will effectively be tariffing itself." Source: Kevin Gordon @KevRGordon on X, Bloomberg
Nice visual of the Atlanta Fed GDPNow
Source: WinSmart
