Us Tariffs range from 8.3% to 15.3%
The headline: The trade-weighted average US tariff rate is now 13.2% under Section 122 at 15%. That's down from 15.3% before the ruling, but well above the 8.3% that would have applied with no replacement. Source: Global Trade Alert
What’s worrying billionaires?
• Trade tensions, geopolitics, and policy uncertainty top the list • Tariffs dominate in Asia-Pacific and inflation and conflict lead fears in the Americas Source: Visual Capitalist
The Trump Administration secretly smuggled 6,000 Starlink satellite terminals into Iran in January after the Iranian government cut off internet in the country, per WSJ.
Source: The Kobeissi Letter
Japan’s prime minister Sanae Takaichi has led her party to a crushing victory in Japan’s snap general election on Sunday
Japan’s Prime Minister Sanae Takaichi won a landslide election, securing a two-thirds majority that enables major reforms. Her agenda includes strong economic stimulus, tax relief on food, increased tech investment, and possible constitutional change. Markets welcomed the political stability, pushing Japanese stocks to new highs.
Trump: He who has the gold makes the rules
European gold in US custody: - Germany: ~40% of gold holdings - Italy: ~50% - Netherlands: ~30% Not your vault, not your gold ??? Source: Lukas Ekwueme @ekwufinance
Chinese-financed infrastructure projects across Latin America
Source: Amazing Maps
The mother of all deal?
Source: Jack Prandelli on X
Gold would be ~$9,700 if it kept up with M2 To hit $40,000/oz, Gold would need to add about $246 Trillion in market cap from today's levels.
Source: Katusa Research @KatusaResearch
