Market Report 2/12/2024

MARKET REPORT

Review:
– Egypt threatening to void Israel peace agreement with the latter threatening to invade Rafah (likely a hollow threat as Egypt receives billions in US aid which would be jeopardized. Egypt fears a mass ‘Palestinian’ migrant crisis)
– Indonesian, Finnish and South African Elections up for grabs
– US stocks hit record highs (before coming off)
– BTC hits 50k (1st time since Dec 21). Have you been reading my recommends?
– Goldman warns of Tech stock bubble
– NY Fed’s 3yr consumer inflation expectations ease
– Dovish ECB’s Panetta