BREAKING 🚨: United States Treasury - THEY DID IT AGAIN! Japan 2.0 ???
U.S. Treasury just bought back another $10 Billion of its own debt, matching the largest Treasury buyback in history (and that was from last week)! Source: Barchart
In case you missed it...
Source: Bloomberg
On the back of lower than expected CPI (May) numbers, President Trump calls for the Fed to cut interest rates by "one full point." (i.e 4 rate cuts)
Source: Stocktwits
US pension fund allocation to equities relative to bonds is at an all-time high.
U.S. pension funds represent approximately 20% of the total U.S. financial markets. Source: Guilherme Tavares @i3_invest
Asian nations have NEVER owned so many US assets:
The 11 largest Asian countries have accumulated $4.7 TRILLION of US stocks and bonds over the last 28 years. Their total investments in the US reached $7.5tn. ➡️ Will they bring the money back home? Source: Global Markets Investor, zerohedge, Bloomberg
US private sector hiring rose by just 37,000 jobs in May, the lowest in more than 2 years… Trump had this to say 👇
Source: Stocktwits
The US dollar is on track for its worst performance in three decades
Resource stocks, emerging and other developed markets, and foreign currencies are beginning to perform well. Source: Crescat Capital, Bloomberg
Systematic US equity exposure remains low, according to data from Goldman Sachs, i,.e they will be forced buyers if the rally continues 🚀
Source: Markets & Mayhem @Mayhem4Markets on X, Goldman Sachs
