There’s so much opportunity in this world if you open yourself up to it. Every day is a blessing and every moment a gift. The world truly is ours.
NEVER DOOM.
PENTAGON GOES ON MASSIVE MINERAL SHOPPING SPREE — BUYING $500 MILLION OF COBALT, $245 MILLION OF ANTIMONY, AND $100 MILLION OF TANTALUM TO COUNTER CHINA’S DOMINANCE IN CRITICAL SUPPLY CHAINS!
MASS SHOOTING IN 🇺🇸 LEWISTON, MAINE.
- At least 22 people shot dead and dozens wounded
- Shootings in at least three different settings
- Shooter remains active and is armed. Massive manhunt underway.
- Emergency alert issued, citywide shelter in place.
- Motive not yet known.
🇬🇧 Bank of America on Bank of England:
🔹 The Bank of England (BoE) hiked 25bp to 4.25%, as expected.
🔹 We expect no further rate hikes and see no cuts until 2024.
🔹 But the minutes of the BoE's policy raise upside risks to our terminal rate call of 4.25%.
🔹 They left enough optionality to hike again but we stick to our call of no more hikes.
🔹 Our forecast is sensitive to the data flow, especially the next inflation reading and any impact on credit conditions from recent banking sector turmoil.
🏦 JPM || Central bank tightening cycles likely to be extended
🇬🇧 BoE hiking cycle is being extended due to resilient growth
🇪🇺 Elevated inflation has prompted us to add another 25bp to our ECB call (now totalling 100bp)
🇺🇸 Risk is clearly skewed toward greater action from Fed
China has made a decision to seize Taiwan on a “much faster timeline” than previously thought, Secretary of State Antony Blinken has said, shortly after China’s leader reiterated his intent to take the island by force if necessary, per Bloomberg.
Judging by online search trends, the curiosity over stock prices has returned back to its pre-pandemic levels, in February 2020 when the market was near the end of its longest bull run ever, per CNBC.