Felix

Investing, finance, politics and macroeconomics.

[sparbuchfeinde @sparbuchfeinde]

Was die CDU unter "links ist vorbei" und "keine Steuererhöhungen" versteht:

> Neue Kryptosteuer
> Neue Zuckersteuer
> Neue Verpackungssteuer
> Kein Ausgleich der kalten Progression
> Höherer Rentenbeitrag
> Höherer Pflegebeitrag für Kinderlose
> Höhere CO2-Steuer
> Einführung Superreichen-Steuer
> Höhere Minijob-Steuer
> Steuerliche Absetzbarkeit von Handwerker-Rechnungen von 20% auf 15% reduziert

[Santiago Capital @SantiagoAuFund]

The next theater...

[Michael A. Arouet @MichaelAArouet]

This is eye-opening. Germans are not only more expensive than the Chinese, but also less productive and more often on sick leave.

No wonder hardly a week passes in Germany without major insolvencies and layoffs. Germans must become less complacent, and start working hard again, or the trend will accelerate and wipe out the German industrial base. Unfortunately, German left politicians and unions are mentally stuck in a world that no longer exists. They seriously demanded a four-day workweek without a pay cut for automotive workers. They will achieve a zero-day workweek instead.

Screaming “tax the rich” won’t solve anything either, it will make things worse, as more German entrepreneurs have enough of the left nonsense at home and emigrate. The times of left redistribution and laziness are over. It’s time to roll up the sleeves and work hard again.

[Christian W. Röhl @CWRoehl]

Die meisten Aktienbörsen erleben einen roten September, die Welt-Indices in Euro sind trotzdem grün – weil die Schwergewichte stützen: In den Industrieländern die USA und Japan, bei den Schwellenländern Taiwan und Südkorea. Brasilien profitiert von Öl und starken Banken.

[zerohedge @zerohedge]

IRAN'S FOREIGN MINISTRY SAYS THERE ARE NO TALKS WITH WASHINGTON AND ACCUSES US PRESIDENT OF BUYING TIME WHILE REGIONAL DE-ESCALATION EFFORTS GO ON.

[Santiago Capital @SantiagoAuFund]

If you are looking for a chart to make the argument that Gold's move is just getting started, this is it.
This doesn't guarantee the move will continue.
But this is the best argument I've seen for why it could.

[zerohedge @zerohedge]

China cuts yuan fixing to weakest since September 2023: PBOC sets yuan fixing at 7.2110, vs 7.2087 on Friday: 7.20 "red line" history

[Geiger Capital @Geiger_Capital]

This guy cracked the tariff formula:
@orthonormalist

It’s simply the nation’s trade deficit with us divided by the nation’s exports to us.

Yes. Really.

Vietnam: Exports 136.6, Imports 13.1
Deficit = 123.5

123.5/136.6 = 90%

[Barchart @Barchart]

Total Put/Call Ratio had its 2nd lowest weekly close in the last 4 years 👀

[Robin Brooks @robin_j_brooks]

Median net household wealth in Spain (ES) is double that in Germany (DE), while Italy's (IT) is 50% higher. The EU doesn't need joint debt issuance. It just needs to tax abundant private wealth in high-debt Spain and Italy. There should be no hidden bail-ins of German households.

[Anthony Pompliano 🌪 @APompliano]

Build nuclear. Buy bitcoin. Create housing. Secure the border. Encourage innovation. Avoid new wars. Let people speak freely.

The blueprint is simple.

[First Squawk @FirstSquawk]

RUSSIA HAS IMPOSED TEMPORARY RESTRICTIONS ON THE EXPORT OF ENRICHED URANIUM TO THE U.S.

[Mario Nawfal @MarioNawfal]

🚨🇩🇪EUROPE’S LARGEST TELECOM TO PILOT BITCOIN MINING WITH SURPLUS RENEWABLE ENERGY

Deutsche Telekom’s subsidiary MMS, in partnership with Bankhaus Metzler, has launched a pilot project in Germany to use surplus renewable energy for Bitcoin mining.

The initiative aims to stabilize the energy grid by utilizing excess power generated by renewables, addressing fluctuations due to weather changes.

The project, hosted at Riva GmbH’s facility, follows successful models in the US and Finland where mining operations help balance supply and demand on the grid.

Source: Crypto Briefing

[Markets & Mayhem @Mayhem4Markets]

If the election is a non-event for markets, we could see a rather sizable vol crush in the last two months of the year as the spread between IV and RV on $SPX remains rather large.

[Uranium Insider @uraniuminsider]

One reason why this tech/nuclear news isn’t just a flash in the pan is that this is evidence that nuclear isn’t “too slow” or “too expensive” for them — the tech companies are thinking in decades and will do what is necessary NOW to cover their future growth.

[John Leggett ✏️ @leggett_john]

EPIC❗️Let’s see if I am parsing this correctly Professor? @quakes99. It appears that the two contracts $KAP already signed in ‘23 w China will actually EXCEED 50% of KAP’s corporate book value. Previous shareholder votes allowed for commitments “Up to 50% of book” but the quantity and duration were never disclosed (as I have pounded the table on.) Therefore, it appears the reason they were never quantified is that they are even larger commitments than they had approval to make. As such, they’re going back to shareholders for MORE (which really just means going back to Sumruk-Kazyna who have certainly already blessed it.)
I literally just spilled my coffee. Do you agree with my view Sir?
If so, everything just changed for #Uranium supplies to the west and most people have no clue YET.

[First Squawk @FirstSquawk]

GOOGLE: SIGNING CORPORATE DEAL TO BUY NUCLEAR ENERGY FROM MULTIPLE SMALL MODULAR REACTORS TO BE DEVELOPED BY KAIROS POWER- BLOG

[Elon Musk @elonmusk]

Starship rocket booster caught by tower