Every G20 country has higher average tariff rates than the United States save two
and most countries hide the true costs in expensive barriers like quotas, price controls, labeling requirements, and testing rules. Source: BofA, zerohedge
For years, the United States routinely accused China of technology theft.
Now, the opposite might happen: China is worried that the United States might steal technology from them. How the tables have turned. Source: Jostein Hauge @haugejostein
Geopolitical risk: Cash is NOT your friend - source: Christian Ryberg Jørgensen, M.Sc.
While you might find the headlines ugly or scary, data show that staying in cash is NOT a winning strategy. As the old adage says: "It t is time in the market, not timing the market, which wins in the long run". Source: JP Morgan, Christian Ryberg Jørgensen
BREAKING
Germany's conservatives have agreed on a much-debated multibillion-euro financial package for defence and infrastructure (and on the country's €1,000bn debt plan) with the centre-left Social Democrats and the Green party, dpa learns. As a result, German 10y yields have jumped to 2.93%. Source: HolgerZ, Bloomberg, DPA
Markets start to be leaning towards this idea...
Source: Damaan, AKA "Philly's Finest"! @Damaan4u33
Greenland Election:
A SURPRISING RESULT ‼️ The Democrats (Center-Right) and Naleraq (Right) have almost 54% of the vote, meaning if they wanted to they could form a ruling coalition that, from what I have read, would likely be more USA centric than Denmark centric. About 65% of the total vote is in (51/72 stations), Democrats in first then Naleraq and then Inuit. Source: CA ET Nerd @earlyvotedata
🔴 BREAKING >>> UKRAINE READY TO ACCEPT US PROPOSAL FOR 30-DAY TEMPORARY TRUCE. UKRAINE: TRUCE POSSIBLE IF SIMULTANEOUSLY OBSERVED BY RUSSIA ‼️
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The art of a deal???
Source: Factset, Michel A.Arouet
