The Iran Wildcard -HFI Research

German Finance Minister Kukies: If there's no US deal, the EU will set countermeasures.

German Finance Minister Kukies: Trump wants to reduce the US deficit but studies show that tariffs do not reach that goal.

Xi: There is no winner in a tariff war - Xinhua

🚨CHINA'S MINISTRY OF COMMERCE: WILL IGNORE FURTHER U.S. TARIFF NUMBER GAMES

Trump signs into law a bill to nullify the IRS's expanded crypto broker rule -White House

🚨China Announces Additional Tariff measures On US Goods To 125% From April 12th

Gold making another ATH

EURUSD 1.14, highest since January 2022

23 times the S&P has gained at least 5% in one day. The next day and a week out, fairly weak returns. But a year later? Up 26.9% on avg and higher more than 91% of the time.

ETH has shown a strong inverse correlation with the DXY. Current DXY plunge suggests reversal for ETH and alts is imminent.

This earnings season isn’t about corporate results. It’s about tariffs. Macro fears mean we can’t be too nuanced about how individual companies are doing when macro is so bad.

Just months ago, options traders were extremely bullish. Now, they’re loading up on puts (shorts). This was last seen during the 2008 and COVID crashes.

PPI inflation -0.4% m/m vs. +0.2% est. & +0.1% prior (rev up from 0%); core -0.1% vs. +0.3% est. & +0.1% prior (rev up from -0.1%)

JPMorgan CEO Dimon: My guess is a lot of companies will remove guidance.

Gold continues to surge, $3232 per ounce

🚨US TOLD CHINA TO REQUEST A XI-TRUMP CALL

Blackrock CEO Fink: The Fed may not cut with persistent inflation.

Net inflows/outflow of millionaires. China set to lose more than any other country.

Share of Consumers Expecting Rising Unemployment Up Five Straight Months; Highest Since 2009 - UMich