Another huge earnings event from Nvidia.And all of the related insider insight into the new industrial revolution.
There was some notable geopolitical and domestic risks that were bubbling up:
The U.S.A Treasury Secretary Mrs Janet Yellen had just made public comments prior to the G7 Finance Ministers meeting in Italy, where she took some provocative shots at both Russia and China, signaling coordination among G7 partners to transfer ownership of seized Russian assets.
Adding to that, she vowed a “wall of opposition” to China’s trade practices.And the date for closing arguments was set in Mr. Trump's trial in New York, which put a timeline on a potential conviction.The trial has now moved to the jury deliberation stage.
In this case, the potential jailing of a U.S.A presidential candidate driven by partisan lawfare should raise concerns for every investor about America's role in the world as the reliable anchor of law, fairness, and stability.
Is this trial "noise" or "signal" for markets Psychology and Perception?
Closing arguments started with Former President and current Contender Mr. Donald Trump case in New York. If the political opponent to the President of the United States of America however, is jailed, that might be the final straw for the bond market and the Dollar.
As True dedicated Readers(Netizens) and Subscribers of Xquisittrends.com, You could simply rectifier capital flight from the historic global safe havens (U.S. Treasuries and the dollar). From the recent trader market insight in perspective to the Statements from the U.S.A Treasury Secretary.
Add that to the threat of confiscating Russian assets, and it's not hard to imagine the erosion of trust in the "full faith and credit" which underpins the U.S.A Treasury market. And the dollar (and fiat currencies, in general) works only with trust and credibility of
Introducing a Potential Pessimism catalyst becomes very Dangerous in this Situation.Because Clearly these are scenarios that estimated Probability don't want to see play out. Some how,the vulnerabilities are already well known, particularly after the ramp in debt and deficits in recent years are been systematically Rectified and Notified.
