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Author: OrmontUS   😊 😞
Number: of 3853 
Subject: Todays news from FT
Date: 10/28/25 12:29 PM
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 The Federal Reserve is expected to end a three-year phase of quantitative tightening this week, easing pressures on banks amid concerns that funding is getting too tight in money markets.

 Argentina’s currency and government bonds surged yesterday after a landslide midterm election victory for Javier Milei’s party in the country.

 The US government’s debt burden is on track to exceed levels in both Italy and Greece for the first time this century, according to IMF forecasts.

 US companies struck more than $80bn worth of deals over Sunday and Monday in a consolidation spree across some of the country’s biggest industries.

Lot to chew over

Jeff
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Author: Steve203 🐝  😊 😞
Number: of 3853 
Subject: Re: Todays news from FT
Date: 10/28/25 4:49 PM
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 Argentina’s currency and government bonds surged yesterday after a landslide midterm election victory for Javier Milei’s party in the country.

The US administration had warned that Argentina could forget about any more bailouts, if voters did not support Milei.

Trump says US will not 'waste our time' helping Argentina if Milei loses

https://www.bbc.com/news/articles/cg7n82gd7pvo

Seems we will be writing more checks to Argentina.

Steve...Nomex long-johns at the ready
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