february,

Saudi Arabia has significantly reduced its US Treasury holdings, dropping 41% from $184 billion in February 2020 to $108 billion, while China’s holdings reached a 14-year low of $835 billion.

While China has been offloading US Treasuries for 10+ years, the rate has accelerated. Both Canada and Mexico also now account for a higher % of US imports than China. It seems like the trade war is back. Follow us @KobeissiLetter for real time analysis as this develops. pic.twitter.com/paivr3aYSS — The Kobeissi Letter (@KobeissiLetter) September …

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Following Jackson Hole last year and bank failures in February, the Fed hooked bulls for the third time in a year.

This is the THIRD time bulls got rope-a-doped by the Fed in the past year. It happened last summer, and then Powell monkey hammered bulls at Jackson Hole. It happened again in February this year. Leading to mass bank failure. And now. You guys don't learn too good. pic.twitter.com/jE9uJfvCMT — Mac10 (@SuburbanDrone) June 25, 2023 …

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