Good morning! Today we welcome you with another example of a bond that weren't as 2026 proves to be especially chaotic with plenty of high-volume markets resolving towards the longshot option.
Outside of the past, we are looking forward to Trump x Machado meeting and examining potential action in Mexico. We also debate a bit the new GDP growth projection and start the conversation about the midterms. Or should we rather say Trump started it a few weeks ago? Find out below!
Top Movers
#1 Iran On The Brink?
Despite the ongoing situation in Iran, traders were rather bearish we will see Khamenei. They were wrong.
Jus a few hours ago the supreme leader of Iran had an official speech in which he accused the US and Trump of sowing unrest in the country. This accusation comes as Iranian protests escalate, Trump's comments add pressure and Reza Pahlavi is urging Iranians to protest even harder from his American villa.
Iran, to counter leaks and western influences, cut internet access in the whole country.
#2 Whatever It Takes
Well, Trump is meeting Machado and he mentioned that he wouldn't mind Machado sharing the prize with him.
Yes holders must believe Machado is willing to do whatever it takes to take power in Venezuela. It must have been tough, after years leading the opposition, she was judged as unserious and not respected enough to lead the country.
#3 Mexico In The Crosshairs
And it seems that Trump didn't have enough and is looking for more operations in the western hemisphere.
Traders seem to believe Trump - he said that land operations might begin soon in Mexico to counter drug cartels. Now Mexico is a lot better country to target when focus are drugs, but we also need to remember that Trump is not a fan of the current president of Mexico.
2026 is only starting, right?
#4 Higher
Productivity gains from AI, reckless AI capex spend or very massaged numbers?
We might never know, but Atlanta Fed is now projecting 5.4% GDP growth in Q4 2025. Seems a bit shocking, not only for us, but also for traders. We a surely awaiting the release to examine what hides inside this number. After all it's the highest since Q4 2021, which had the base advantage of pandemic 2020.
#5 A Fun Bribe
Last year Trump issued an Executive Order that ordered the AG to expedite the process of rescheduling weed from Schedule I to Schedule III.
Schedule III means that medical use is allowed, opening doors for medical THC being available across the US. With midterms around the corner, we are pretty sure what is the motive for this.
Wrap up
That’s all for today - did you catch any of the moves? See you tomorrow for another Morning Brief!
This is not official investment or life advice. Do your own research. This are only my opinions and I encourage anyone to do their own research before putting any money anywhere.