Trump: Denmark, Norway, Sweden, France, Germany, the United Kingdom, the Netherlands, and Finland to face 10% tariff beginning February 1 over Greenland matter

OpenAI is introducing ChatGPT Go, now available worldwide. OpenAI: In the US, Go is available for $8 per month. We're not launching ads in ChatGPT yet.

The US Supreme Court announces it may issue at least one ruling on Tuesday January 20th.

Trump: I may put a tariff on countries that don't go along with Greenland.

US Industrial Production MoM Actual 0.4% (Forecast 0.1%, Previous 0.2%, Revised 0.4%) US Industrial Production YoY Actual 2% (Forecast -, Previous 2.52%)

US data centers will consume nearly 10% of the entire US power grid by 2030.

US military assets moving to the Middle East - Fox News

Trump: The EU is very unfair for US tech companies - Truth Social

Trump: "If Minnesota's politicians don't stop the agitators and insurrectionists from attacking ICE... I will institute the insurrection act."

onald J. Trump quoted an article by Fox News this morning about the stayed execution of 26-year-old Erfan Soltani in Iran, stating, “FoxNews: ‘Iranian protester will no longer be sentenced to death after President Trump’s warnings. Likewise others.’ This is good news. Hopefully, it will continue!”

The U.S. Air Force’s evacuation of military aircraft from Al Udeid Air Base has begun in preparation of strikes against Iran, with a steady stream of at least 6 KC-135R/T “Stratotanker” Aerial-Refueling Tankers seen departing the base in Qatar.

“All the signals are that a U.S. attack [against Iran] is imminent, but that is also how this administration behaves to keep everyone on their toes. Unpredictability is part of the strategy,” a Western military official told Reuters.

Airspace over Iran appears to quickly emptying, with no further flights being granted permission to enter Iranian Airspace.

Trump announces a 25% tariff on semiconductor chips that are imported to the US but not used domestically.

Silver prices surge above $93/oz for the first time in history, now up +30% in 2026.

S&P down 1%+ while S&P Equal Weight $RSP is basically flat. Strong breadth for a 1% down day.

Bitcoin extends gains to rise above $97,000 for the first time since November 14th as levered short liquidations surge. $700 MILLION worth of levered shorts have now been liquidated in 24 hours.

The US Supreme Court decides to NOT issue a highly anticipated ruling on the legality of President Trump's tariffs today. This marks the second-straight time the ruling was not released as expected.

Supreme Court doesn't rule on Trump's tariffs on Wednesday.

The Nikkei is off to a record start in 2026 with a seven-day gain of 7.95%.

Brent crude #oil still on a tear ... up by nearly 11% over the past 5 days

November retail sales +0.6% m/m vs. +0.5% est. & -0.1% prior (rev down from 0%) … sales ex-autos +0.5% vs. +0.2% prior (rev down from +0.4%); control group +0.4% vs. +0.6% prior (rev down from +0.8%)

A slowdown in retail sales momentum in November, with 3m annualized change falling to +3.2%

November PPI #inflation +3% y/y vs. +2.7% prior … ex-food and energy +3% vs. +2.6% prior

Trump: The United States needs Greenland for the purpose of national security. It is vital for the golden dome that we are building

Bloomberg Commodity Spot Index closed at a new cycle high

China restricts Nvidia chip purchases - Information

Trump: Inflation report gives Powell a chance to cut rates. Trump: Powell is either incompetent or crooked, he does not do a very good job.

Month/month and year/year categories

Trump: "The day of reckoning and retribution is coming."

December CPI #inflation +2.7% vs. +2.7% est & +2.7% prior … core +2.6% vs. +2.7% est. & +2.6% prior

US Core CPI MoM Actual 0.2% (Forecast 0.3%, Previous 0.2%) US Core CPI YoY Actual 2.6% (Forecast 2.7%, Previous 2.6%) US CPI YoY Actual 2.7% (Forecast 2.7%, Previous 2.7%) US CPI MoM Actual 0.3% (Forecast 0.3%, Previous 0.2%)

JPMorgan Q4 2025 Earnings - Adj EPS $5.23 (est $4.70) - Adj. Rev. $46.77B (est $46.35B) - FICC Sales & Trading Rev $5.38B (est $5.27B) - Equities Sales & Trading Rev $2.86B (est $2.7B) - Managed Net Interest Income $25.11B (est $24.99B)

Forecasts for December U.S. CPI anticipate somewhat firming readings that move the 12-month change in core prices to 2.8% from 2.6% in November.

Gold has now outperformed the S&P 500 for 6 consecutive months, the longest streak since the Global Financial Crisis

Japan’s 30y govt bond yield jumped 10bps to 3.50%, its highest level since at least the 1990s. The move comes amid growing speculation that PM Sanae Takaichi may dissolve parliament as early as next month, following reports in local media.

Trump: Effective immediately, any country doing business with the Islamic Republic of Iran will pay a tariff of 25% on any or all business begin done with the US - Truth Social

Trump leans toward Iran strikes - Axios citing WH Official.

Republican Senator Thom Tillis will block any Trump Fed nominee due to the probe into current Fed Chair Jerome Powell

rump says the US would have to pay back "trillions of dollars" if the Supreme Court rules that his tariffs are illegal. "It would be a complete mess," Trump says. A ruling is expected by as soon as Wednesday this week.

Alphabet hits $4 trillion in market capitalisation for the first time.

Apple picks Google's Gemini to run AI-powered Siri coming this year - CNBC.

President Trump posts a picture of himself as President of Venezuela.

Fed Chair Powell responds after Federal prosecutors open a criminal investigation into him: “The threat of criminal charges is a consequence of the Fed setting rates based on our best assessment of what will serve the public, rather than following the preferences of the President,” he says.

Federal prosecutors have opened an inquiry into Fed Chair Powell

Trump: There will be no more oil or money going to Cuba.

Trump calls for a 10% cap on credit card interest rates for one year, effective January 20th.

Trump: We're not talking about money for Greenland yet. We'll do something on Greenland whether they like or not.

US Supreme Court Sets Wednesday, January 14 As Next Opinion Day

The US Supreme Court will not rule in the Trump tariffs case today.