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
Who is the Most Exposed to US Tariffs
source : yahoo!finance
Believe it or not, but the us has one one of the lowest tariff rates in the developed world... See chart below courtesy of DB.
NB: Most favored nations (MFN) Weighted mean tariff is the average of most favored nation rates weighted by the product import shares corresponding to each partner country.
Are tariffs inflationary? us 5-year breakeven rate just surged to its highest level in nearly 2 years.
Source: Tavi Costa, Bloomberg
