A "timely" Time magazine cover page...
(published on 9/11)
Market pricing now suggests a 50bps cut from the Fed is now base case (nearly 70% probability)
Source: Bloomberg, David Ingles
A tweet by Mario Nawfal on X: "TRUMP'S GOLF OUTING WAS SPONTANEOUS, RAISING QUESTIONS ABOUT SUSPECT'S TIMING
In a significant development, CNN reports that Trump's golf game on Sunday was an impromptu decision. According to two sources familiar with the matter, the outing was a last-minute addition to Trump's schedule, which originally had no public events planned for the day. This revelation adds a puzzling layer to the alleged assassination attempt. It raises critical questions about how the suspect, identified by as Ryan Wesley Routh, could have known Trump would be on the course at that specific time. The spontaneous nature of Trump's golf outing contradicts earlier speculations about the suspect's "high degree of planning," as suggested by former FBI Deputy Director Andrew McCabe. Source: CNN, Mario Nawfal
Saud Central Bank Secretly Bought 160 Tonnes Of Gold In Switzerland - www.zerohedge.com.
According to Jan Nieuwenhuijs via Money Metals (and published on zerohedge), the Saudis have joined other Asian countries in ditching their long-term sensitivity to the gold price. Evidence suggests the Saudi central bank has been covertly buying 160 tonnes of gold in Switzerland since early 2022, contributing to the current gold bull market.
This is a big week for central bank decisions! We've got the fed, PBoC, boe, boJ and many more!
Source: Bloomberg
The top 10 largest stocks in the world are now worth a combined $19.17 Trillion up from $18.18T last week
Source: Evan
16 years ago...
Source: WSJ, Mike Zaccardi, CFA, CMT, MBA
JP Morgan now owes the MOST derivatives at $57 Trillion
Source: PHIL 4 REAL @StretchItSomeMo
