Forwarded from Ian's Intel
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Forwarded from unfolded.
U.S. CPI: +3.8% YEAR-OVER-YEAR (EST. +3.7%)
U.S. CORE CPI: +2.8% YEAR-OVER-YEAR (EST. +2.7%) | AI comment
U.S. CORE CPI: +2.8% YEAR-OVER-YEAR (EST. +2.7%) | AI comment
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Forwarded from The Kobeissi Letter
This is absolutely insane.
President Trump is currently flying to China with all of the following people to request "deals" with China's President Xi:
1. Elon Musk, Tesla and SpaceX CEO
2. Jensen Huang, Nvidia CEO
3. Tim Cook, Apple CEO
4. Larry Fink, BlackRock CEO
5. Stephen Schwarzman, Blackstone CEO
6. Kelly Ortberg, Boeing CEO
7. Brian Sikes, Cargill CEO
8. Jane Fraser, Citigroup CEO
9. Larry Culp, General Electric CEO
10. David Solomon, Goldman Sachs CEO
11. Sanjay Mehrotra, Micron CEO
12. Cristiano Amon, Qualcomm CEO
President Trump also says there are "many other" CEOs joining him on the trip who have not yet been disclosed.
Never in history has such a trip even remotely near this scale and caliber occurred.
This Trump-Xi meeting is far bigger than most realize.
(@TheKobeissiLetter)
President Trump is currently flying to China with all of the following people to request "deals" with China's President Xi:
1. Elon Musk, Tesla and SpaceX CEO
2. Jensen Huang, Nvidia CEO
3. Tim Cook, Apple CEO
4. Larry Fink, BlackRock CEO
5. Stephen Schwarzman, Blackstone CEO
6. Kelly Ortberg, Boeing CEO
7. Brian Sikes, Cargill CEO
8. Jane Fraser, Citigroup CEO
9. Larry Culp, General Electric CEO
10. David Solomon, Goldman Sachs CEO
11. Sanjay Mehrotra, Micron CEO
12. Cristiano Amon, Qualcomm CEO
President Trump also says there are "many other" CEOs joining him on the trip who have not yet been disclosed.
Never in history has such a trip even remotely near this scale and caliber occurred.
This Trump-Xi meeting is far bigger than most realize.
(@TheKobeissiLetter)
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Crypto Mumbles
https://x.com/izebel_eth/status/2054299171344327149?s=46&t=nluSw7cwYGx8zFxfoYi5Iw
X (formerly Twitter)
Sam (@0xCryptoSam) on X
This is the most unique perps exchange design I've seen in a while. Particularly because of the $PAPER mechanism.
Here's how it works:
> @papertrade_xyz is a synthetic perps protocol on HyperEVM without fees, funding, or slippage.
> If you lose a trade…
Here's how it works:
> @papertrade_xyz is a synthetic perps protocol on HyperEVM without fees, funding, or slippage.
> If you lose a trade…
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Forwarded from Walter Bloomberg
TRUMP–XI SUMMIT DOWNSIZED AS EXPECTATIONS FALL
The Trump–Xi meeting in Beijing is now expected to be a limited, low-impact summit focused on maintaining stability rather than major deals.
Key topics include trade, Iran, and fentanyl, but analysts say the U.S. has little leverage and Beijing is offering no clear agenda or concessions.
Instead of a “grand bargain,” the talks are likely to yield only modest steps like extending existing trade truces and maintaining limited sector cooperation.
Experts say shifting geopolitical conditions have strengthened China’s position, making meaningful breakthroughs unlikely.
(@WalterBloomberg)
The Trump–Xi meeting in Beijing is now expected to be a limited, low-impact summit focused on maintaining stability rather than major deals.
Key topics include trade, Iran, and fentanyl, but analysts say the U.S. has little leverage and Beijing is offering no clear agenda or concessions.
Instead of a “grand bargain,” the talks are likely to yield only modest steps like extending existing trade truces and maintaining limited sector cooperation.
Experts say shifting geopolitical conditions have strengthened China’s position, making meaningful breakthroughs unlikely.
(@WalterBloomberg)
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Forwarded from Monitoring The Situation
BURNING FOOD FOR FUEL
India Bans Sugar Exports for Four Months to Protect Supply
Funds have almost tripled their net bets on soyabean oil, which is used to produce biodiesel,...In corn, an ingredient in ethanol, they have switched from being positioned for falling prices to their highest level of positive bets this year.
...demand is growing for corn, sugar and vegetable oils, as governments seek to reduce dependence on imported hydrocarbons by expanding domestic biofuel production
“If you . . . see crops being used for energy rather than food, then, surely . . . we’re heading straight into a food crisis,” said Neuberger Berman’s Kaya. [And world is Waiting for El Nino (super?]
India Bans Sugar Exports for Four Months to Protect Supply
Funds have almost tripled their net bets on soyabean oil, which is used to produce biodiesel,...In corn, an ingredient in ethanol, they have switched from being positioned for falling prices to their highest level of positive bets this year.
...demand is growing for corn, sugar and vegetable oils, as governments seek to reduce dependence on imported hydrocarbons by expanding domestic biofuel production
“If you . . . see crops being used for energy rather than food, then, surely . . . we’re heading straight into a food crisis,” said Neuberger Berman’s Kaya. [And world is Waiting for El Nino (super?]
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