_Andreas Steno Larsen_ (@_andreassteno_s) 's Twitter Profile
_Andreas Steno Larsen_

@_andreassteno_s

CIO @ Steno Global Macro Fund + CEO at Steno Research. Macro, investing and geopolitics. Host@ Real Vision

ID: 204454592

linkhttp://stenoglobalmacro.com calendar_today18-10-2010 18:45:19

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Chinese holdings of US Treasuries peaked when USDCNY bottomed. A 20% weaker USD would solve a lot of things for the Trump administration -> stenoresearch.com/steno-signals-…

Chinese holdings of US Treasuries peaked when USDCNY bottomed.

A 20% weaker USD would solve a lot of things for the Trump administration -> stenoresearch.com/steno-signals-…
Andreas Steno Larsen (@andreassteno) 's Twitter Profile Photo

Every investment bank predicted a major month-end rebalance into long bonds from equities. So far, the opposite is playing out — and with last night’s court ruling, fast money players chasing the bond bid may be badly wrongfooted. This equity rebound is still very underowned.

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My simple read on Trump: he tends to move on quickly if met with obstacles. The whole “90 trade deals in 90 days” narrative is now vanishing into thin air. Counterparties have zero reason to rush anything, and any attempt to appeal the court ruling will be more comical than

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Lots of people are misreading today's flows as “fears of Trump doing Liberation Day 2.0.” In reality, they’re technical. Massive equity vs bond outperformance is forcing big players to rebalance into month-end (buying bonds, selling equities). Most likely a nothingburger. Move

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“Absent at least interim relief from this Court, the United States plans to seek emergency relief from the Supreme Court tomorrow,” the administration said. Obviously Trump has a conservative majority here, but I have no clue where this all ends up to be honest. This kind of

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I guess as per usual he is trying to force an outcome. I almost couldn't care less to be honest So tiring and frankly mostly noise