Brazil's Financial Markets Jolt After Lula's Victory... Stock Market Plummets 17%. mnews.sbs.co.kr/english/article.do

Spain. How Sánchez’s chainsaw destroyed salaries, homes and affordability tomorrowsaffairs.com/how-snchezs-chainsaw-...

It has always fascinated me how people buy into socialist lies that destroy their currency, their nation’s creditworthiness, and, with them, their wages, savings, and well-being—then call it all “social” and blame markets for the consequences. It’s like bingeing on junk food, en…Mostrar mais

AI capex vs required ARR via Morgan Stanley

November futures for the Brazilian real falling more than 10%, ‌while the iShares MSCI Brazil exchange-traded fund falls 26% in premarket trade. Brazil's international debt also plummets. www.reuters.com/business/finance/investors...Mostrar mais

Fear and greed index at extreme fear levels. However, Vix is clearly contained. May be a signal of survey concerns not expressed in actual positioning. via CNN, Bloomberg

The monumental mistake of hiking rates now. Largest inflationary pressure is energy. Rate hikes do not put more barrels in the market or impact ebnergy prices. However: - Lowers housing investment in the middle of a housing crisis. - Impacts consumer spending. - Hurts investment…Mostrar mais

Keynesianism always destroys what it pretendes to protect.

Spain: State-backed companies are the main beneficiaries of NextGen funds, receiving €12 billion thecorner.eu/news-spain/state-backed-compa...

France will not destroy or break the euro, but the rising fiscal imbalances of both Germany and France, added to the weaker trade surplus and a private sector recession, may continue to put pressure on the single currency. Interestingly, a weak currency is wrongly applauded by b…Mostrar mais

France has not had a balanced budget since the late 70s. Government spending is the highest in the developed economies. Interventionism is the norm. Taxes are asphyxiating. Uncontrolled immigration has destroyed the social fabric. Protesters want more. What could go wrong?

Yikes. Brazil's bond yield shows the fastest rise in months after Lula claims victory.

Why investors are moving back into Treasurys cnb.cx/4sjf9y6

Brazil presidential election scandal. Supreme Court order extended voting two hours with allegations of interference. Brazil market futures tank despite conservative congress, senate and states control.

Democratic Socialism Demolished Europe www.dlacalle.com/en/democratic-socialism-d...

Saudi-led coalition says it intercepted Houthi ballistic missiles targeting Saudi cities www.cnbc.com/2026/10/24/saudi-led-coalitio...|twitter&par=sharebar

Extreme left terrorism and vandalism, perfectly organized and coordinated. These are not "spontaneous" protests about education or cost of living. It is a coordinated attack aimed at creating chaos. www.elespanol.com/espana/20261025/renacer-...Mostrar mais

Extreme left vandals burn and loot stores in Barcelona, spreading terror in the city.

Europe’s Diesel Shortage Is a Problem Created by Political Design app.hedgeye.com/insights/188346-lacalle-eu...

France collapse ignites another euro debt crisis. Why gold matters. Watch. youtu.be/bVkK2IJ6aqU

France's collapse is a direct consequence of big government, high taxes, interventionism and mass migration. Protesters want more of it. What could go wrong? youtu.be/qCHIsotMiDQ

The European Union nations believed monetary policy would disguise the debt crisis created by massive government spending. Now France shows the welfare state is unsustainable. Big government and high taxes make it worse. Euro crisis. Risks and opportunities.

Democratic Socialism Demolished Europe. And will destroy America. youtu.be/cmaamqm5BVA

"Winning"

France is flashing euro crisis signals. This time, the fault lines are different cnb.cx/4zUesOx

France’s debt crisis demonstrates that a model of a bloated state, high taxes, and uncontrolled immigration is unsustainable—and, furthermore, impoverishing. At CNBC this morning

At @CNBC with the great @cnbcKaren and @IanKingBusiness Awesome program. Two decades collaborating!

The demolition of the auto industry by design. The net zero bureaucracy gave the future of the automotive industry to China in exchange for an allegedly enormous market that never delivers. Now the sector sees crashing sales in China and competitive disadvantages everywhere.

What a disaster. UK consumer sentiment plunged in October as soaring fuel prices brought home the scale of the cost-of-living hit from the Middle East conflict www.bloomberg.com/news/articles/2026-10-22...Mostrar mais

Spain is the only major eurozone economt that has lost productivity since 2018 despite receiving 100 billion euro in European funds.

The euro is the only world reserve currency with redenomination risk. That adds a completely unique layer of risk compared to any other country's debt challenges. The risk is small but not inexistent.

Central banks will -again- prioritize saving the sovereign debt bubble over price stability. Fiscal dominance overrides any trace of indepence, if there ever was.

Japan core inflation in September surges to its highest this year at 2.1% cnb.cx/4jCjIS2

My interview at NYSE. qz.com/daniel-lacalle-global-economic-stor...

Rate hikes won’t fix inflation or solve the debt problem. www.fxstreet.com/analysis/daniel-lacalle-r...

French Bond Sell-Off Spreads Across Europe as Political Turmoil and Debt Fears Ignite Contagion Concerns www.bbntimes.com/financial/french-bond-sel...

The French bond rout is spreading to banks, despite their recent core capital improvements and strength accumulated in the past years. In the euro area, 70% to 80% of external corporate financing for firms comes through bank loans. Only a small minority of companies issue corpor…Mostrar mais

Aramco CEO outlines the increasing flexibility of the oil market thanks to their quick strategic moves.

China stock market in the past five years: Hang Seng -12.3% Shanghai 300 -18.6% CSI 1000 -11.6% Domestic challenges, monetary and earnings concerns, and contagion of real estate burst. via Bloomberg

China's stock market sinks into bear territory as CSI 300 extends 10-week rout cnb.cx/3TUP3VD

Let me get this straight. The same people that complain about the cost of living think that more government spending, more money printing and more migration will solve it. Fascinating

Starmer and Reeves almost destroyed the UK's public finances. Burnham is adamant about finishing the job, doubling down on the same mistakes that have obliterated France. No one resigns. The U.K. public sector borrowed £24.5 billion in September, £1.8 billion more than a year ea…Mostrar mais

France's collapse is the direct consequence of following Piketty and Zucman's recommendations of massive government, huge spending, high taxes and uncontrolled migration. Now they give lessons.

Dow jumps 500 points as earnings optimism steadies market: Live updates cnb.cx/4z3ERt6

ECB move on sovereign yields led to shared risk. tradersunion.com/news/market-voices/show/3...

Argentina. 34 months of trade surplus. Argentina's trade surplus grew 217% year-on-year in September. The volume of trade (exports+imports) grew 11.6% year-on-year in September to a total of 17.095 billion dollars. www.infobae.com/america/agencias/2026/10/1...Mostrar mais

"The Chinese have become too rich in France"

Euro area bond yields and risk premia rise in unison as the contagion risk becomes evident. The ECB's anti-fragmentation tool was designed to mutualize risk, and it did. via Bloomberg

Euro crisis levels... However, France is impossible to bail out. www.bloomberg.com/news/articles/2026-10-20...

Excellent book. Freedom is the answer. @diegodelacruz