Early openers drooping noticeably: Kiwis -0.2%, Aussies -0.3%, Japan -0.4%, Sth Korea -0.1%.
Nothing too riveting happening in Aussie sectors: Healthcare -0.7% down to Energy -1.7%.
Davos man has to choose between having it all right now and having the barbarians at the gates, or having just some more and sending the villagers back home. Admittedly a large contingent of the barbarians will defend the gates.
right now at Arte TV station:
“Trump et le coup d'État des multinationales“
it airs till 23:30 CET
No. Trump has zero incentive to settle. He's getting everything he wants from this. Chaos, worker suffering, and a rising stock market.
My guess is that rather than come to market for $200-300 billion of T-bills all at once (or god knows how much) they'll use some of the cash first and do it gradually. Like Chinese water torture. Difference between quick death and slow death.
I won't risk answering because with Lee one can never be absolutely right. I will put it in a different light. If the supply is huge that means the shutdown is over or will be shortly and the Treasury knows it, and, they are not going to dip into their huge 'savings account' to cover the flood of money going out.
Well it's complicated, bills and coupons are sort of different matters.
So if there would be huge amounts, that means that there is huge Treasury supply which has to get sucked up by markets and therefore not enough cash would be there to buy stocks and because of that stocks go down, right?