$1Bn USDT minted at Tether Treasury -Tronscan

Goldman Sachs: The combination of much stronger-than-expected foreign spending plans and weaker US asset performance has already led to some brief but active rotation out of US assets and increased interest in hedging US assets.

Emerging market central banks are injecting liquidity while selling USTs to support their local currencies, this creates the illusion that US assets are underperforming. But when they stop selling USTs, and EM currencies collapse, those paper gains (in Yuan) will vanish. Capital will flood back into USD and crypto. This reversal is coming soon. -Bull Case Insider

US investors could be forced to offload around $800 billion of Chinese equities 'in an extreme scenario' of financial decoupling between the world’s two largest economies -Goldman Sachs

Klaus Schwab to step down as chair of the board of trustees of World Economic Forum with immediate effect -WEF statement

EURUSD 1.1567

🚨India to impose 12% temporary tariff or safeguard duty on steel imports "at the earliest". The move aims to counter a surge in low-cost steel coming from China -source [India has chosen their side]

Nasdaq Summation Index is in deeply Oversold territory. Savvy investors have always been rewarded for buying in this zone.

Long term bond yields pushing higher again

🚨The S&P 500 is down -3% today, and unusually, both the Dollar and Bonds are down too. No sign of a safe haven bid (for now).

BTC in green while equities are still hammering out their bottom. This isn't decoupling, just BTC leading the way.

🚨$1.5 TRILLION WIPED FROM VALUE OF US STOCK MARKET TODAY

🚨Harvard University sues Trump administration

Wall St banks revise SPX year end targets

Hours of work required to buy 1 ounce of gold (blue line) vs BTC required to buy 1 ounce of gold (orange).

The Dow has just had the 11th 1,000 points drop in history. 4th time just this month

Trump approval rating falls to 42%, lowest since return to WH

US Bitcoin spot ETF experienced a net inflow of $381.40 million on 21 Apr 2025

Spot Gold ATH, breaks above $3480

Even though gold is having its day in the sun, the ratio of gold to stocks remains low relative to history. -Bespoke Investment Group