Syz the moment

"...we are going to charge countries for doing business in our country..." President Trump has announced a 25% tariff on all cars not made in the US. “This will continue to spur growth,” Trump told reporters. Trump confirmed that these new tariffs are in addition to existing tariffs and are expected to result in $100 billion in revenues. To underscore his seriousness, Trump said, “This is permanent.” In addition to the tariffs, Trump discussed his plan to allow Americans to deduct interest payments on cars that are made in America. source : zerohedge

and most countries hide the true costs in expensive barriers like quotas, price controls, labeling requirements, and testing rules. Source: BofA, zerohedge

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

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

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

Source: Damaan, AKA "Philly's Finest"! @Damaan4u33

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

.