Donald Trump and the US government have obviously lied in the Iran conflict. Now there are reports of 11 US casualties from the Iranian missile attacks on January 8th. It is known that Trump himself had said that there were no casualties at all. This could become a topic on the stock markets today. They also have to digest the data from China (industrial production and retail sales better, GDP as expected with slowest growth in 29 years). US equity markets once again with new all-time highs. The Fed is creating a bubble in many markets with its monetary policy. Therefore, the Fed is not the saviour of the markets, but ultimately the biggest risk to the markets.
This is gonna be a hot weekend! On Saturday the vote on the Brexit agreement with the EU in the British Parliament. At the moment it looks like Johnson will lose this vote as well […]
The yield curve of US government bonds has inverted again this morning in European trading. It is an indicator of future economic developments which is particularly closely watched by the US Federal Reserve. The US […]
US Treasury Secretary Steve Mnuchin has just said in an interview with US financial channel CNBC that the deal between the US and China is 90% complete. He hopes that there will be a deal […]