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>
Reposted by Sandy Hendry
Let’s have more straight talk.
We are way past political differences.
It’s us against the fascists.
We are way past political differences.
It’s us against the fascists.
January 26, 2026 at 5:56 AM
Let’s have more straight talk.
We are way past political differences.
It’s us against the fascists.
We are way past political differences.
It’s us against the fascists.
The Brownshirts are infamous for their operation outside of the law and their violent intimidation of Germany’s leftists and Jewish population.
www.historyhit.com/hitlers-bull...
www.historyhit.com/hitlers-bull...
The Brownshirts: The Role of the Sturmabteilung (SA) in Nazi Germany
The SA was instrumental in the Nazi’s rise to power yet played a diminished role during the Second World War. The Brownshirts are infamous for...
www.historyhit.com
January 26, 2026 at 8:11 AM
The Brownshirts are infamous for their operation outside of the law and their violent intimidation of Germany’s leftists and Jewish population.
www.historyhit.com/hitlers-bull...
www.historyhit.com/hitlers-bull...
Reposted by Sandy Hendry
More North Sea energy cooperation to be announced today, involving the UK, Norway and relevant EU member states. Can't pretend to understand all the details, but there is a tie to UK-EU energy talks having started. www.bbc.co.uk/news/article...
UK to join major wind farm project with eight European countries
For the first time, the new wind farms will be connected to more than one country through undersea cables.
www.bbc.co.uk
January 26, 2026 at 7:40 AM
More North Sea energy cooperation to be announced today, involving the UK, Norway and relevant EU member states. Can't pretend to understand all the details, but there is a tie to UK-EU energy talks having started. www.bbc.co.uk/news/article...
But the press is being acquired by Trump loyalists step by step. See Paramount.
Before speaking with two armed men at the Pretti vigil last night, a man approached & asked if I was going to tell the truth. I said yes. He told me how frustrated he was at the media & the harm it’s causing to his community.
I asked if he wanted to share words for the media on camera, & he did:
I asked if he wanted to share words for the media on camera, & he did:
January 26, 2026 at 8:06 AM
But the press is being acquired by Trump loyalists step by step. See Paramount.
"The Party told you to reject the evidence of your eyes and ears. It was their final, most essential command."
George Orwell, 1984
George Orwell, 1984
Can’t get over that Pretti’s parents yesterday woke up thinking everything was normal and by the end of the day they were watching the federal government trash their dead son.
January 26, 2026 at 8:02 AM
"The Party told you to reject the evidence of your eyes and ears. It was their final, most essential command."
George Orwell, 1984
George Orwell, 1984
Reposted by Sandy Hendry
The ICE murders in Minneapolis are a “glimpse of what happens when fear and loathing of migrants curdles into toxic tribalism, another grim warning for all those European voters flirting with the far-right and dark forces of nationalism.”
That’s Reform in the UK.
liveapp.inews.co.uk/category/418...
That’s Reform in the UK.
liveapp.inews.co.uk/category/418...
Trump’s ICE spreads mayhem and misery – and sounds a dark warning for Europe
This is another glimpse of what happens when fear and loathing of migrants curdles into toxic tribalism
liveapp.inews.co.uk
January 26, 2026 at 7:22 AM
The ICE murders in Minneapolis are a “glimpse of what happens when fear and loathing of migrants curdles into toxic tribalism, another grim warning for all those European voters flirting with the far-right and dark forces of nationalism.”
That’s Reform in the UK.
liveapp.inews.co.uk/category/418...
That’s Reform in the UK.
liveapp.inews.co.uk/category/418...
Reposted by Sandy Hendry
‼️🩸A bloodbath for the German auto trade with China in 2025:
📉70% drop in mid-sized saloon car exports
📉38% drop in large engine cars
📉39% fall in small ones
📉54% drop in small station wagons
📉23% for larger ones
📉70% drop in mid-sized saloon car exports
📉38% drop in large engine cars
📉39% fall in small ones
📉54% drop in small station wagons
📉23% for larger ones
January 23, 2026 at 1:56 PM
‼️🩸A bloodbath for the German auto trade with China in 2025:
📉70% drop in mid-sized saloon car exports
📉38% drop in large engine cars
📉39% fall in small ones
📉54% drop in small station wagons
📉23% for larger ones
📉70% drop in mid-sized saloon car exports
📉38% drop in large engine cars
📉39% fall in small ones
📉54% drop in small station wagons
📉23% for larger ones
Reposted by Sandy Hendry
China says trade arrangements with Canada not aimed at third parties after US tariff threat reut.rs/3Z1eiEB
China says trade arrangements with Canada not aimed at third parties after US tariff threat
Arrangements between China and Canada to address bilateral economic and trade issues are not targeted at any third party, the Chinese foreign ministry said on Monday, in response to a U.S. threat to impose 100% tariffs on Canada if it finalises a trade deal with Beijing.
reut.rs
January 26, 2026 at 7:50 AM
China says trade arrangements with Canada not aimed at third parties after US tariff threat reut.rs/3Z1eiEB
Reposted by Sandy Hendry
Unbelievable what I saw @bbcbreakfast. The secretary for Scotland,with a lot hand gestures, said literally that the mayor @greatermanchester
Andy Burnham was #blocked to stand for parliament in a by-election.What the hell? Kier Starmer blocking people from parliament? That scared? Dictators do that
Andy Burnham was #blocked to stand for parliament in a by-election.What the hell? Kier Starmer blocking people from parliament? That scared? Dictators do that
January 26, 2026 at 7:49 AM
Unbelievable what I saw @bbcbreakfast. The secretary for Scotland,with a lot hand gestures, said literally that the mayor @greatermanchester
Andy Burnham was #blocked to stand for parliament in a by-election.What the hell? Kier Starmer blocking people from parliament? That scared? Dictators do that
Andy Burnham was #blocked to stand for parliament in a by-election.What the hell? Kier Starmer blocking people from parliament? That scared? Dictators do that
Reposted by Sandy Hendry
CNBC Daily Open: As Trump destabilizes foreign relationships, Europe forges new ties
CNBC Daily Open: As Trump destabilizes foreign relationships, Europe forges new ties
Trump threatened Canada with tariffs of 100% if it strikes a deal with China. Trump also withdrew an invitation to the Canada to join his "Board of Peace."
cnb.cx
January 26, 2026 at 7:52 AM
CNBC Daily Open: As Trump destabilizes foreign relationships, Europe forges new ties
Reposted by Sandy Hendry
Today’s Russian newspapers on the old world order unraveling: “Will Greenland become Nato’s cemetery? The transatlantic partnership has begun to crack & crumble.” Another paper: “The architecture of the world order is collapsing before our very eyes.” #ReadingRussia
"Will Greenland become Nato's cemetery?" asks Russian paper.
YouTube video by Steve Rosenberg
youtu.be
January 26, 2026 at 7:41 AM
Today’s Russian newspapers on the old world order unraveling: “Will Greenland become Nato’s cemetery? The transatlantic partnership has begun to crack & crumble.” Another paper: “The architecture of the world order is collapsing before our very eyes.” #ReadingRussia
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."