‼️US economy policy uncertainty is SPIKING:
This means economic environment will be challenging to predict and may impact investments and spending, as well as trigger more volatility in the markets. The index is only below the 2018 levels when the previous trade war took place. Source: Global Markets Investor
Trump 2.0 is definitively starting off differently.
The speed of announcements and changes has been staggering. JPM notes that Trump 1.0 started with asset managers' positioning much lighter than this go around. Source: JP Morgan, RBC
Surprise surprise...
Source: Peter Malouk, Tax foundation
Roughly 20,000 federal employees have accepted President Trump's buyout offer to leave their jobs and receive an 8-month severance.
The goal is to reduce the federal budget by removing unnecessary bureaucrats. Source: Wall Street Mav
There has been significant rotation happening beneath the surface of the markets.
Tech is the only sector down year-to-date, while every other sector has climbed—some quite substantially already. Source: Otavio (Tavi) Costa
Treasury Secretary Scott Bessent says Trump 2.0 focusing on 10Y yields, not Fed
Bessent repeated his view that expanding energy supply will help lower inflation. For working-class Americans, “the energy component for them is one of the surest indicators for long-term inflation expectations,” he said. Cheap capital is coming... Source: www.moneycontrol.com
As shared by Guilherme Tavares i3 invest :
Nasdaq 100 / M2 Levels never seen before...
Xi’s Reply to Trump Tariffs Shows China Has More to Lose - Bloomberg
https://lnkd.in/ez4qCpZa Source: Bloomberg thru C.Barraud
