🇺🇸🇨🇳 Treasury Secretary Bessent says the US does not want to decouple from China.
"We want to derisk."
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🇺🇸🇨🇳 US government to add Alibaba $BABA to list of companies that it says are aiding the Chinese military.
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🇺🇸 Supreme Court sets February 20 as the next possible date for the “TRUMP TARIFF” ruling.
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🇺🇸 US Supreme Court announces that February 20th will be its next opinion day as markets await their ruling on the legality of President Trump's tariffs.
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🇺🇸 US Department of Homeland Security enters shutdown due to lack of funding.
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🇨🇳🇪🇺 China calls to strengthen cooperation with the European Union.
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🇨🇳 China’s US Treasury holdings as a % of all foreign holdings have declined to 7.3%, the lowest since 2001.
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🇨🇳 China's AI powered car inspection system scans through over 1,000 functions in just 3 hours.
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META: -5%
NVIDIA: -6%
APPLE: -9%
GOOGLE: -12%
AMAZON: -15%
TESLA: -15%
MICROSOFT: -19%
BITCOIN: -23%
MSTR: -33%
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🇸🇦🇨🇳 Saudi Arabia's oil exports to China set to reach multi-year high.
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🇺🇸 U.S. National Debt projected to soar to $64 Trillion over the next decade.
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Key Events of the Week
📅 Monday
Presidents' Day, US Markets Closed
📅 Wednesday
December Durable Goods Orders data
Fed Meeting Minutes
📅 Friday
December PCE Inflation data
● Total of 10 Fed speaker events this week
● ~15% of S&P 500 companies report earnings
🥫 t.me/FinancialWorldUpdates
Presidents' Day, US Markets Closed
December Durable Goods Orders data
Fed Meeting Minutes
December PCE Inflation data
● Total of 10 Fed speaker events this week
● ~15% of S&P 500 companies report earnings
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