Weekly Thread Monday - Geopolitical focus

There are decades where nothing happens, and weeks when decades happen.

Welcome to this week. Some top of mind things to watch out for -

• US annexation of Greenland, and any potential blowback from EU. Can be huge - Scott Bessant is now doing a media tour justifying the move, so portends something big coming in the markets

• Yen weakening potentially - the carry trade unwinding has downstream effects

• Precious metals after huge rally already - Shanghai reducing how much leverage you can take, but physical silver is driving the market, not just paper.

• Bitcoin potentially breaking out above $95-$98k range. The "bear market" was mild but will we see any rotation into digital gold?

• AI - compute/memory still in focus but will see we new deals? New IPO details? New models coming out? (chatgpt 5.3 rumoured, codenamed garlic)

• Others - uranium? quantum?