"Markets can now map a road ahead for policies"

...despite dollar strength, gold and crypto soared as the yield curve cratered.

“We have had a knee jerk reaction after the election when the US market went up and all others struggled”

...bullion and bitcoin beat Jensen and jobs (with a small 'j').

"Trump’s win has brought with it an increase in geopolitical uncertainty which is weighing on sentiment"

“I would prefer to proceed cautiously in bringing the policy rate down to better assess how far we are from the end point,”

"The health of the market being driven by results of individual companies in itself points to a certain element of fragility"

...Moscow nearer nukes, Musk nukes media, Mullahs meh nukes...

"The market reaction is contained, some are still in a wait-and see-mode."

...trannies trounce tech; bitcoin beats bullion; salads slam shots...

“It should be a quieter week as the recent relentless wave of US macro and political news flow in theory slows down”

...Powell 'rugpulled' Trump...

“Equity markets seem to be adjusting to the new rate cut trajectory but it doesn’t seem to be a game changer,”

...The Fed is in "no hurry" to cut rates... and inflation's on a "bumpy path"...

 

“We are seeing that there is a bit more discrimination between Trump trades”

...the narrative that "inflation is headed in the right direction" is on increasingly shaky grounds.

“We’ve been pouring our way into long-dated inflation linked bonds in the US"

BTC record high... USD two-year-highs... 2Y yield four-month highs... Gold two-month lows

"Higher bond yields across the curve may start to bite at some point"

$87,000...and counting!!