TheMarketSniper-Precise Market Analysis
49 posts
@leonelhudson
Yields surging are a far more existential threat than Iran at this point. No — this is not coming from a political angle. The US cannot afford this war. ▪️Interest payments nearing ~5% of GDP ▪️Military spending ramping up ▪️Trade deficits worsening as the dollar rises ▪️Energy costs surging Not to mention: Food prices are set to rise next, with inequality already at historically elevated levels. This is a recipe for social unrest. open.substack.com/pub/tavicosta/…
Egypt will enforce an early lockdown for shops, malls, and restaurants for one month starting March 28, with most closing at 9 pm. Egypt’s gas import bill has surged from $560 million to $1.65 billion per month. Additional measures include switching off billboard lighting, closing government offices earlier, and considering limited remote work for public employees. The government is also reducing spending and fuel use, warning that failure to curb consumption could lead to further price increases and inflation.
Reminder: A bearish market means bearish earnings releases.
