Trade Secrets
Trade Secrets: Dailies 03.30.2026
US stock futures slid Sunday night as Wall Street headed into an Easter-shortened trading week, with investors bracing for fresh economic data amid lingering consumer uncertainty.
Jack of All Trades
AGX beat by 63%, backlog doubled to $2.9B, zero debt, +35% on a day the Dow lost 793 points. The AI data center demand is already in the backlog. CCL: Record bookings, 85% prebooked, demand intact through 2028. Unhedged on fuel.
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US stock futures climbed Thursday evening as investors assessed Trump’s decision to delay potential strikes on Iran’s energy infrastructure following steep losses in equities during the day.
Jack of All Trades
PDD missed EPS by 15%, stock up 4.6%. The market bought the RMB 100B supply chain pledge, not the quarter. Transaction services +19%, de minimis cliff is permanent, EU now 40% of Temu GMV. Cintas: record gross margins, guidance raised again, UniFirst acquisition pending. EPS matched
Iran enters 2026 as one of the most paradoxical economies in the world — possessing the 4th largest oil reserves globally and significant industrial capacity, yet operating under a comprehensive sanctions regime that has severed it from the global financial system
By the end of February 2026, the global economy remains resilient but increasingly uneven, with growth concentrated in a small number of regions and sectors while others continue to struggle with structural constraints.
Trade wars are often treated as temporary disruptions—policy disagreements that escalate, peak, and eventually resolve through negotiation. This interpretation misunderstands the nature of economic competition between states.
Microsoft CEO Satya Nadella announced the “world’s most powerful AI datacenter” Fairwater on his Linkedin post in September 2025 dripped with techno-triumphalism, LinkedIn erupted in applause, but I didn’t.
Bob Dylan's song "The Times They Are A-Changin'" became an anthem for change and a commentary on the social upheavals of the 1960s. However, its message is timeless and can be applied to various periods of economic uncertainty, including those characterized by stagflation.
In late 2024, Michael Saylor, doubled down on his Bitcoin vision with an audacious plan. Saylor's strategy involved raising billions through convertible debt to purchase more Bitcoin. This bold move was met with excitement by many, but I saw the cracks in the strategy
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Morgan Stanley sees Australia as highly exposed to a global diesel supply shock, with low inventories raising the risk of shortages rather than just higher prices. The impact is expected to hit key industries, drive earnings volatility, and potentially disrupt export flows if shortages persist. Summary: Morgan Stanley flags Australia
The Google Pixel 10a can lay flat on a table, but otherwise the company hasn't brought a ton of upgrades to its newest budget smartphone. Read Full Article →
Top officials from the energy, finance and logistics sectors will attend a roundtable with Sir Keir Starmer on Monday. Read Full Article →
Rachel Reeves, Britain's finance minister, urges G7 nations to avoid unilateral trade barriers amid the Iran war, emphasizing collective resilience and cooperation to maintain energy and goods flow. Protectionism and new trade barriers risk disrupting supply chains and increasing costs, Reeves will argue at a G7 meeting. Read
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Phreesia (PHR) reports Q4 earnings March 30 after the close. Read Full Article →
LONDON, March 29 - Britain's finance minister will urge her G7 counterparts on Monday not to pursue unilateral measures such as new trade barriers while the Iran war continues, saying such steps could further threaten energy security. Read more at straitstimes.com. Read Full Article →
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Aluminium Bahrain, or Alba, hosts the world's largest smelter and the attack adds to the pressure on global supplies of the metal. Read Full Article →
India's fertiliser supply remains steady despite the West Asia crisis. Production and distribution are proceeding without disruption. Senior officials confirm ample stock to meet farmers' needs for the upcoming season. The government is actively monitoring th… Read Full Article →