Santa 🇨🇦🇮🇹🇺🇦

Proud Canadian. Mining stock investor and executive. Capital markets professional.

[Santa 🇨🇦🇮🇹🇺🇦 @Santa06252]

Everything's fine....

Blackstone restricts flagship fund withdrawals as private asset fears reemerge https://t.co/LncjeFIYPt

[Santa 🇨🇦🇮🇹🇺🇦 @Santa06252]

Global #markets are mixed as investors monitor developments in the Middle East. #Gold up on a weaker US #dollar

[OriginMerchantPartners @OriginMerchant]

Mark's Morning Market Musings June 4 - $DRY - https://t.co/N8KXwcEUcU

[Santa 🇨🇦🇮🇹🇺🇦 @Santa06252]

Global #markets are mostly lower following new tariff announcement and continued hostilities in the Middle East. #Gold lower on US dollar strength.

[OriginMerchantPartners @OriginMerchant]

Mark's Morning Market Musings June 3 - $DPM, $CTM, $OCG, $SGC - https://t.co/nrxXB8ecWL

[Santa 🇨🇦🇮🇹🇺🇦 @Santa06252]

Global #markets are mixed as investors continue to monitor developments in the Middle East. #Gold overtakes treasuries in reserve holdings

[OriginMerchantPartners @OriginMerchant]

Mark's Morning Market Musings June 2 - $CBR, $SGN, $QTWO - https://t.co/ttU6BYosjs

[Santa 🇨🇦🇮🇹🇺🇦 @Santa06252]

Gold replaces US Treasuries as world’s top reserve asset, ECB says https://t.co/jpoGlUZlYp via @ft

[Santa 🇨🇦🇮🇹🇺🇦 @Santa06252]

Global #markets are higher on peace deal hopes after Iran and US agree to extend ceasefire. #Gold higher but set for third weekly decline.

[OriginMerchantPartners @OriginMerchant]

Mark's Morning Market Musings May 29 - https://t.co/Y95U8RREHx

[Santa 🇨🇦🇮🇹🇺🇦 @Santa06252]

Global #markets are weaker after the US and Iran exchange fire, raising concerns of prolonged closure of the Strait of Hormuz. #Gold lower on a stronger US dollar and rising yields.

[OriginMerchantPartners @OriginMerchant]

Mark's Morning Market Musings May 28 - $PZG, $EMM, $SGN, $MMET, $GFG, $ZNG - https://t.co/Gi7mjGj6V7

[Santa 🇨🇦🇮🇹🇺🇦 @Santa06252]

Something wicked, this way comes....

US 10Yr ticking higher.

[Santa 🇨🇦🇮🇹🇺🇦 @Santa06252]

This isn't a good sign... US 10 year yield up 13bps to almost 4.6%...

Import prices up over 4% YoY and almost 2% MoM.

The consumer is hurting... this should start to impact demand for goods.

As people buy less, people lose jobs.

Economic outlook worsening.

[Santa 🇨🇦🇮🇹🇺🇦 @Santa06252]

Global #markets are mostly lower following Trump's comments that ceasefire on "life support" as investors await key #inflation data. #Gold lower.

[OriginMerchantPartners @OriginMerchant]

Mark's Morning Market Musings May 12 - $WDO, $PAU, $DRY, $FOR, $KNT, $ITR, $HSTR - https://t.co/zDTV44BC0S

[Santa 🇨🇦🇮🇹🇺🇦 @Santa06252]

Global #markets are mostly lower on concerns the conflict in the Middle East my escalate. #Gold prices are lower on rate hike fears due to the rising #oil prices.

[OriginMerchantPartners @OriginMerchant]

Mark's Morning Market Musings May 11 - $CAPT, $BRW, $DEF, $CCO, $ABX, $OLA - https://t.co/sr1uYCKBfI

[Santa 🇨🇦🇮🇹🇺🇦 @Santa06252]

Global #markets are mixed on news of US and Iran exchanging fire in the Strait of Hormuz, threatening a fragile ceasefire, ahead of key US #jobs data. #Gold up on a weaker #dollar.

[OriginMerchantPartners @OriginMerchant]

Mark's Morning Market Musings May 8 - $WPM - https://t.co/M2QU2Kj0XW

[Santa 🇨🇦🇮🇹🇺🇦 @Santa06252]

"Recession-level industry decline"

Whirlpool says Iran war causing 'recession-level industry decline.' The shares are down 20%

https://t.co/ULUO2RNJRA

[Santa 🇨🇦🇮🇹🇺🇦 @Santa06252]

Global #markets are higher on reports US and Iran are nearing peace deal. #Gold higher on weak US dollar

[OriginMerchantPartners @OriginMerchant]

Mark's Morning Market Musings May 6 - $CNL, $NCAU, $PNPN, $IMG - https://t.co/2YPFTbDjnt

[Santa 🇨🇦🇮🇹🇺🇦 @Santa06252]

Global #markets are mostly higher on news that two cargo ships passed through the Strait of Hormuz. #Gold higher

[OriginMerchantPartners @OriginMerchant]

Mark's Morning Market Musings May 5 - $LUCA, $SGN, $FFOX, $CCO, $ERO - https://t.co/71nFpqaLfo

[Santa 🇨🇦🇮🇹🇺🇦 @Santa06252]

Global #markets are mostly lower on higher #oil prices after Trump social media post to "Free" stranded ships. #Gold lower on clouded Fed outlook.

[OriginMerchantPartners @OriginMerchant]

Mark's Morning Market Musings May 3 - $EM, $PMERT, $PNPN, $PGLD, - https://t.co/Pq1gHimrwH

[Santa 🇨🇦🇮🇹🇺🇦 @Santa06252]

Global #markets are mixed after Trump escalates rhetoric against Iran ahead of Central Bank decisions. #Gold up on a weaker US #dollar.

[OriginMerchantPartners @OriginMerchant]

Mark's Morning Market Musings Apr 30 - $KDK + $TECK, $NGEX, $USA, $FFM, $RDS, $K, $AGI, $CG - https://t.co/bARSg4HP5U

[Santa 🇨🇦🇮🇹🇺🇦 @Santa06252]

If the cartel is broken, then there will be no limits on production, ultimately lowering fuel costs.

May also mean the end of the petrodollar and the need for US dollars as the reserve currency in the Middle East.

Stay tuned.. very interesting (but foreseeable) development.

[Santa 🇨🇦🇮🇹🇺🇦 @Santa06252]

This is actually pretty huge.... UAE leaving OPEC.

Venezuela now under control of the US, so, effectively, no longer part of OPEC.

Maybe the objective was to break OPEC?

United Arab Emirates leaving OPEC, effective May 1 https://t.co/4tfyHJRfyn

[Santa 🇨🇦🇮🇹🇺🇦 @Santa06252]

Always signs of a strong economy....

Meta cutting 10% of workforce...

And...

KPMG to axe 10% of US audit partners - https://t.co/VF0mzxqmze via @FT