Sandy Hendry
@sandyhendry.bsky.social
Senior editor for Bloomberg's Functions for the Market stories. Showing data insights into markets and economies. Opinions are my own.
Pinned
Sandy Hendry
@sandyhendry.bsky.social
· Dec 11
AI bubble?
👉 Skeptics highlight the long depreciation for data center investments and the short lifespan of chips.
👉Depreciation is less than half capex at hyperscalers.
👉 Oracle stock fell 15% today on capex blowout.
👉 Nvidia has boasted of an annual product cadence.
Clients can read at FFM <GO>
👉 Skeptics highlight the long depreciation for data center investments and the short lifespan of chips.
👉Depreciation is less than half capex at hyperscalers.
👉 Oracle stock fell 15% today on capex blowout.
👉 Nvidia has boasted of an annual product cadence.
Clients can read at FFM <GO>
The Greenland deal (in which the US won the mining and military base rights it already had) reminds me of the China trade deal (unfreezing global rare earths trade) in which Trump wagered his nation's reputation as a reliable trading partner for "wins" that only returned his country to square one.
January 23, 2026 at 9:38 AM
The Greenland deal (in which the US won the mining and military base rights it already had) reminds me of the China trade deal (unfreezing global rare earths trade) in which Trump wagered his nation's reputation as a reliable trading partner for "wins" that only returned his country to square one.
Just because China isn't saying anything doesn't mean they won't act on what it will regard as US piracy.
How much does Venezuela owe China, and why is oil involved? reut.rs/4jXKr9B
How much does Venezuela owe China, and why is oil involved?
The U.S. takeover of Venezuela's oil exports has re-routed crude barrels that were being used to service debt owed to China.
reut.rs
January 23, 2026 at 9:14 AM
Just because China isn't saying anything doesn't mean they won't act on what it will regard as US piracy.
Bessent: the notion Europeans will sell U.S. assets "came from a single analyst at Deutsche Bank...amplified by the fake news media."
The DB note said the “US has one key weakness: it relies on others to pay its bills via large external deficits.”
Europe holds $8 trillion of US stocks, bonds.
The DB note said the “US has one key weakness: it relies on others to pay its bills via large external deficits.”
Europe holds $8 trillion of US stocks, bonds.
When U.S. Treasury Secretary Scott Bessent was asked how concerned he is about European investors pulling out of treasuries, Bessent said at a press conference at the World Economic Forum: “Denmark’s investment in U.S. Treasury bonds, like Denmark itself, is irrelevant.” cnb.cx/45I3MGb
January 21, 2026 at 1:50 PM
Bessent: the notion Europeans will sell U.S. assets "came from a single analyst at Deutsche Bank...amplified by the fake news media."
The DB note said the “US has one key weakness: it relies on others to pay its bills via large external deficits.”
Europe holds $8 trillion of US stocks, bonds.
The DB note said the “US has one key weakness: it relies on others to pay its bills via large external deficits.”
Europe holds $8 trillion of US stocks, bonds.
Reposted by Sandy Hendry
When U.S. Treasury Secretary Scott Bessent was asked how concerned he is about European investors pulling out of treasuries, Bessent said at a press conference at the World Economic Forum: “Denmark’s investment in U.S. Treasury bonds, like Denmark itself, is irrelevant.” cnb.cx/45I3MGb
January 21, 2026 at 1:23 PM
When U.S. Treasury Secretary Scott Bessent was asked how concerned he is about European investors pulling out of treasuries, Bessent said at a press conference at the World Economic Forum: “Denmark’s investment in U.S. Treasury bonds, like Denmark itself, is irrelevant.” cnb.cx/45I3MGb
A colleague forced me to visit X to see one of their Grok auto context icons.
Nearly every For You comment was justifying the US owning Greenland.
The G icons didn't work on 10 of the stories I clicked so I gave up.
Please don't make me go there again!
Nearly every For You comment was justifying the US owning Greenland.
The G icons didn't work on 10 of the stories I clicked so I gave up.
Please don't make me go there again!
Kremlin-linked Matryoshka bot network launches campaign on Greenland dispute, claims Zelensky ready to send troops to fight against the U.S.
theins.ru/en/news/288644
theins.ru/en/news/288644
Kremlin-linked Matryoshka bot network launches campaign on Greenland dispute, claims Zelensky ready to send troops to fight against the U.S.
The Kremlin-linked online bot network known as “Matryoshka” has launched a disinformation campaign focused on the escalating dispute over Greenland, according to researchers from the Bot Blocker proje...
theins.ru
January 21, 2026 at 1:43 PM
A colleague forced me to visit X to see one of their Grok auto context icons.
Nearly every For You comment was justifying the US owning Greenland.
The G icons didn't work on 10 of the stories I clicked so I gave up.
Please don't make me go there again!
Nearly every For You comment was justifying the US owning Greenland.
The G icons didn't work on 10 of the stories I clicked so I gave up.
Please don't make me go there again!
Reposted by Sandy Hendry
Tesla loses Europe BEV sales title to VW, which also passes Mercedes for PHEV lead
VW top-selling battery electric vehicle in Europe last year was the ID4, with a volume of 80,123, a gain of 24 percent on 2024.
#Paywall
VW top-selling battery electric vehicle in Europe last year was the ID4, with a volume of 80,123, a gain of 24 percent on 2024.
#Paywall
Tesla loses Europe BEV sales title to VW, which also passes Mercedes for PHEV lead
VW was helped by double- and triple-digit percentage gains from its ID family of electric cars. Meanwhile, the PHEV version of its Tiguan helped the brand to take the top spot for plug-in hybrid cars.
www.autonews.com
January 21, 2026 at 5:24 AM
Tesla loses Europe BEV sales title to VW, which also passes Mercedes for PHEV lead
VW top-selling battery electric vehicle in Europe last year was the ID4, with a volume of 80,123, a gain of 24 percent on 2024.
#Paywall
VW top-selling battery electric vehicle in Europe last year was the ID4, with a volume of 80,123, a gain of 24 percent on 2024.
#Paywall
Reposted by Sandy Hendry
Investment capital in Europe is a lot harder to raise than in America (ask any startup for details). Europe is a powerhouse and it’s time for Europe to invest in Europe to the benefit of Europeans instead of America to the benefit of Americans.
Donald Tusk put it well. "Right now, 500 million Europeans are begging 300 million Americans for protection from 140 million Russians who have been unable to overcome 50 million Ukrainians for three years."
January 21, 2026 at 9:59 AM
Investment capital in Europe is a lot harder to raise than in America (ask any startup for details). Europe is a powerhouse and it’s time for Europe to invest in Europe to the benefit of Europeans instead of America to the benefit of Americans.
Hmmm...
Bessent said Deutsche Bank CEO called him to dismiss one of its reports. “This notion that Europeans would be selling US assets came from a single analyst,” Bessent said. “The CEO called to say that Deutsche Bank does not stand by that analyst report.”
www.bloomberg.com/news/article...
Bessent said Deutsche Bank CEO called him to dismiss one of its reports. “This notion that Europeans would be selling US assets came from a single analyst,” Bessent said. “The CEO called to say that Deutsche Bank does not stand by that analyst report.”
www.bloomberg.com/news/article...
Bessent Says Deutsche Bank CEO Called to Dismiss Analyst Report
US Treasury Secretary Scott Bessent said Deutsche Bank AG Chief Executive Officer Christian Sewing called to dismiss a report from one of the German lender’s analysts that had suggested European inves...
www.bloomberg.com
January 21, 2026 at 10:29 AM
Hmmm...
Bessent said Deutsche Bank CEO called him to dismiss one of its reports. “This notion that Europeans would be selling US assets came from a single analyst,” Bessent said. “The CEO called to say that Deutsche Bank does not stand by that analyst report.”
www.bloomberg.com/news/article...
Bessent said Deutsche Bank CEO called him to dismiss one of its reports. “This notion that Europeans would be selling US assets came from a single analyst,” Bessent said. “The CEO called to say that Deutsche Bank does not stand by that analyst report.”
www.bloomberg.com/news/article...
Reposted by Sandy Hendry
Brooklyn Park police chief Mark Bruley: "We're hearing people being stopped with no cause & being demanded to show paperwork to determine if they're here legally. We started hearing from our police officers the same complaints. Every one of these individuals is a person of color... it has to stop"
January 20, 2026 at 5:31 PM
Brooklyn Park police chief Mark Bruley: "We're hearing people being stopped with no cause & being demanded to show paperwork to determine if they're here legally. We started hearing from our police officers the same complaints. Every one of these individuals is a person of color... it has to stop"
Reposted by Sandy Hendry
“The system’s power comes not from its truth but from everyone’s willingness to perform as if it were true. And its fragility comes from the same source: when even one person stops performing the illusion begins to crack.“
“Principled and pragmatic: Canada’s path” Prime Minister Carney addresses the World Economic Forum Annual Meeting
Thank you, Larry.It’s a pleasure – and a duty – to be with you at this turning point for Canada and for the world.Today, I’ll talk about the rupture in the world order, the end of a nice story, and th...
www.pm.gc.ca
January 20, 2026 at 10:45 PM
“The system’s power comes not from its truth but from everyone’s willingness to perform as if it were true. And its fragility comes from the same source: when even one person stops performing the illusion begins to crack.“
Reposted by Sandy Hendry
China-Canada EV deal expected to benefit Tesla, Volvo, BYD first
As part of the agreement, Transport Canada will certify new Chinese EVs within just eight weeks, Bloomberg reported.
Automakers already certified in North America include Tesla, as well as Geely- controlled Volvo Car and Polestar.
As part of the agreement, Transport Canada will certify new Chinese EVs within just eight weeks, Bloomberg reported.
Automakers already certified in North America include Tesla, as well as Geely- controlled Volvo Car and Polestar.
China-Canada EV deal expected to benefit Tesla, Volvo, BYD first
As part of the agreement, Transport Canada will certify new Chinese EVs within just eight weeks, Bloomberg reported.
cnevpost.com
January 20, 2026 at 7:00 AM
China-Canada EV deal expected to benefit Tesla, Volvo, BYD first
As part of the agreement, Transport Canada will certify new Chinese EVs within just eight weeks, Bloomberg reported.
Automakers already certified in North America include Tesla, as well as Geely- controlled Volvo Car and Polestar.
As part of the agreement, Transport Canada will certify new Chinese EVs within just eight weeks, Bloomberg reported.
Automakers already certified in North America include Tesla, as well as Geely- controlled Volvo Car and Polestar.
By weakening the independence of subject's minds and forcing them to live in a constant state of fear, the Party can force them to accept anything, even the illogical.
Ministry of Peace in charge of war
Ministry of Love - torture
Ministry of Truth - propaganda.
www.sparknotes.com/lit/1984/quo...
Ministry of Peace in charge of war
Ministry of Love - torture
Ministry of Truth - propaganda.
www.sparknotes.com/lit/1984/quo...
January 21, 2026 at 7:30 AM
By weakening the independence of subject's minds and forcing them to live in a constant state of fear, the Party can force them to accept anything, even the illogical.
Ministry of Peace in charge of war
Ministry of Love - torture
Ministry of Truth - propaganda.
www.sparknotes.com/lit/1984/quo...
Ministry of Peace in charge of war
Ministry of Love - torture
Ministry of Truth - propaganda.
www.sparknotes.com/lit/1984/quo...
🌎 US-led geopolitical disruption spurred flight to some Asia currencies
💸 Yuan rallied 0.3% this week, Singapore dollar 0.5% and Aussie 0.8%
🔩 Asia equities and industrial metals surged amid Chinese stimulus
💰 Treasury Secretary Bessent is speaking out against weak won, yen
On Terminal at FFM GO.
💸 Yuan rallied 0.3% this week, Singapore dollar 0.5% and Aussie 0.8%
🔩 Asia equities and industrial metals surged amid Chinese stimulus
💰 Treasury Secretary Bessent is speaking out against weak won, yen
On Terminal at FFM GO.
🌎 US-led geopolitical disruption spurred a flight to some Asian currencies
💸 Yuan rallied 0.3% this week, the Singapore dollar 0.5% and Aussie 0.8%
🔩 Asian equities and industrial metals surged… | San...
🌎 US-led geopolitical disruption spurred a flight to some Asian currencies
💸 Yuan rallied 0.3% this week, the Singapore dollar 0.5% and Aussie 0.8%
🔩 Asian equities and industrial metals surged amid C...
www.linkedin.com
January 20, 2026 at 1:45 PM
🌎 US-led geopolitical disruption spurred flight to some Asia currencies
💸 Yuan rallied 0.3% this week, Singapore dollar 0.5% and Aussie 0.8%
🔩 Asia equities and industrial metals surged amid Chinese stimulus
💰 Treasury Secretary Bessent is speaking out against weak won, yen
On Terminal at FFM GO.
💸 Yuan rallied 0.3% this week, Singapore dollar 0.5% and Aussie 0.8%
🔩 Asia equities and industrial metals surged amid Chinese stimulus
💰 Treasury Secretary Bessent is speaking out against weak won, yen
On Terminal at FFM GO.
"Being a happy vassal is one thing. Being a miserable slave is something else."
January 20, 2026 at 1:30 PM
"Being a happy vassal is one thing. Being a miserable slave is something else."
"When friends shake hands it must mean something"
More people realizing that Trump cannot be trusted.
More people realizing that Trump cannot be trusted.
Well, there’s your mistake. Trump is not your friend, and deals with Trump are meaningless because he will tear them up or ignore them whenever it suits him. Kinda like he does with our laws and Constitution.
January 20, 2026 at 1:24 PM
"When friends shake hands it must mean something"
More people realizing that Trump cannot be trusted.
More people realizing that Trump cannot be trusted.
I am listening to Isaac Azimov's The Foundation describing how civilization rots as empires decline and science is disrespected.
China is beating the US in patent awards and in the top 10 academic papers published. China owns renewables while the US retreats to oil. It is leads in automation etc.
China is beating the US in patent awards and in the top 10 academic papers published. China owns renewables while the US retreats to oil. It is leads in automation etc.
January 20, 2026 at 1:20 PM
I am listening to Isaac Azimov's The Foundation describing how civilization rots as empires decline and science is disrespected.
China is beating the US in patent awards and in the top 10 academic papers published. China owns renewables while the US retreats to oil. It is leads in automation etc.
China is beating the US in patent awards and in the top 10 academic papers published. China owns renewables while the US retreats to oil. It is leads in automation etc.
Why have European leaders not understood by now that Trump cannot be trusted?
BREAKING
President Trump has posted what appears to be a private message from President Macron of France where Macron says:
“I do not understand what you are doing on Greenland.”
President Trump has posted what appears to be a private message from President Macron of France where Macron says:
“I do not understand what you are doing on Greenland.”
January 20, 2026 at 1:07 PM
Why have European leaders not understood by now that Trump cannot be trusted?
America stabs its allies in the back and Russia is delighted.
"Europe is at a total loss and, to be honest, it's a pleasure to watch this," gloated the Russian tabloid Moskovsky Komsomolets in one of its articles about Greenland.
www.bbc.co.uk/news/article...
"Europe is at a total loss and, to be honest, it's a pleasure to watch this," gloated the Russian tabloid Moskovsky Komsomolets in one of its articles about Greenland.
www.bbc.co.uk/news/article...
'Europe is at a total loss': Russia gloats over Greenland tensions
The BBC's Russia editor Steve Rosenberg analyses why pro-Russian government papers are full of praise for Donald Trump's desire to buy Greenland.
www.bbc.co.uk
January 19, 2026 at 9:45 PM
America stabs its allies in the back and Russia is delighted.
"Europe is at a total loss and, to be honest, it's a pleasure to watch this," gloated the Russian tabloid Moskovsky Komsomolets in one of its articles about Greenland.
www.bbc.co.uk/news/article...
"Europe is at a total loss and, to be honest, it's a pleasure to watch this," gloated the Russian tabloid Moskovsky Komsomolets in one of its articles about Greenland.
www.bbc.co.uk/news/article...
“We have run all kinds of simulations of what may happen, and what we do see in these simulations is that we deviate from keeping trade more or less on the right track, that could hold growth down,” IMF's Kristalina Georgieva told Bloomberg Television.
The dismal science.
The dismal science.
January 19, 2026 at 5:37 PM
“We have run all kinds of simulations of what may happen, and what we do see in these simulations is that we deviate from keeping trade more or less on the right track, that could hold growth down,” IMF's Kristalina Georgieva told Bloomberg Television.
The dismal science.
The dismal science.
Reading this you can't help thinking about the script for Avatar.
www.politico.eu/article/euro...
www.politico.eu/article/euro...
Europe neglected Greenland’s mineral wealth. It may regret it.
As Trump threatens to take Greenland by force, Europe’s failure to mine the icebound Danish territory looks increasingly like a mistake.
www.politico.eu
January 19, 2026 at 2:14 PM
Reading this you can't help thinking about the script for Avatar.
www.politico.eu/article/euro...
www.politico.eu/article/euro...
Reposted by Sandy Hendry
Trump has now invited the dictatorship in Belarus to join his Gaza “Board of Peace”.
January 19, 2026 at 2:03 PM
Trump has now invited the dictatorship in Belarus to join his Gaza “Board of Peace”.
Reposted by Sandy Hendry
(NYT) - President Trump is now claiming that one reason he is pushing to acquire Greenland is that he didn’t win the Nobel Peace Prize, according to a message he sent to Norway’s prime minister over the weekend.
@nytimes.com
www.nytimes.com/2026/01/19/w...
@nytimes.com
www.nytimes.com/2026/01/19/w...
January 19, 2026 at 1:40 PM
(NYT) - President Trump is now claiming that one reason he is pushing to acquire Greenland is that he didn’t win the Nobel Peace Prize, according to a message he sent to Norway’s prime minister over the weekend.
@nytimes.com
www.nytimes.com/2026/01/19/w...
@nytimes.com
www.nytimes.com/2026/01/19/w...
Reposted by Sandy Hendry
Could Europe really leverage its $12.6tn pile of US assets?
NIIPing an outlandish idea in the bud
www.ft.com
January 19, 2026 at 1:08 PM
Reposted by Sandy Hendry
GERMAN FINANCE MINISTER: “.. We are constantly experiencing new provocations, .. and here we Europeans must make it clear that the limit has been reached.”
@bloomberg.com
www.bloomberg.com/news/article...
@bloomberg.com
www.bloomberg.com/news/article...
January 19, 2026 at 1:14 PM
GERMAN FINANCE MINISTER: “.. We are constantly experiencing new provocations, .. and here we Europeans must make it clear that the limit has been reached.”
@bloomberg.com
www.bloomberg.com/news/article...
@bloomberg.com
www.bloomberg.com/news/article...