ten cents a dance
market vibes
December 12…)
Ending what is probably the penultimate week of trading in 2025…the European stage is reeling: Hungary’s Viktor Orbán dissented over frozen Russian assets, risking calls for suspension or even expulsion from the EU; Bulgaria’s coalition government collapsed yesterday after just 11 months, amid massive anti-corruption protests nationwide reminiscent of Ukraine in 2014, I think.
In the UK, Starmer’s polls are 17% approve,73% disapprove. Speculation that he’s done and dusted is rife. France has cycled through three prime ministers this year alone, acually five PMs in two years! Gerts Wilders, a MAGA provocateur with 5 anti Islamic conviction appeals for hate speech is proudly surging in the Netherlands. Merz is probably the most stable leader in Europe and he’s barely hanging onto a thin coalition. If you think it’s bumpy in Manhattan, count your blessings. Meanwhile Lagarde is forecasting a strong year of growth for the EU and she’s probably spot on!
In finance, silver rages, American financial giants take flight into outer space… AI has arrived unfashionably early but the red carpet isn’t rolled out, it’s wall-to-wall.
Elsewhere in Ukraine the rub is this. Trump says “land ops” in Lat Am… soon.
In the markets
March silver in daily data without comment. Suitable for framing.
