As we have detailed, two of our Top Trends for 2025 have been dealt and continue to be dealt: The Trump Card and The Wild Card.

ECONOMIC UPDATE—MARKET OVERVIEW
As we have detailed, two of our Top Trends for 2025 have been dealt and continue to be dealt: The Trump Card and The Wild Card.

“MAR-A-LAGO ACCORD” A REAL SOLUTION? OR JUST ANOTHER PONZI SCHEME? YOU DECIDE…
THE WORLD right now, today is experiencing a rapidly worsening multi-crisis event, and at the top of the list, there are five interconnected dynamic forces in play.

CHINA’S TECHNOLOGY EXTENDS ITS GLOBAL REACH
China’s battery and electric vehicle (EV) companies have been forming collaborations with Western and other Asian countries, but two new deals signal another forward step in China’s worldwide technological advance.

CREATORS: HAVE FUN WITH AI WHILE IT LASTS
I’ve been writing plays since high school and college, and I was a Vassar College Powerhouse Theatre playwriting apprentice way back in the day (summer of 1990).

WHERE’S THE OUTRAGE? ISRAEL ‘CONSISTENTLY BREACHED INTERNATIONAL LAW’ IN GAZA: TOP UN OFFICIAL SAYS
Volker Türk, the UN’s High Commissioner for Human Rights, said last week that Israel prosecuted an assault in Gaza in an “appalling manner” that “consistently breached international law.”

TRUMP CLASHES WITH ZELENSKY INSIDE OVAL OFFICE, TELLS UKRAINIAN HE HAS ‘NO CARDS’
President Donald Trump and Volodymyr Zelensky had a tense meeting inside the Oval Office Friday that resulted in the Ukrainian leader leaving the White House earlier than expected.
Global Economy

SPOTLIGHT: BIGS GETTING BIGGER
Italy’s Saipem and Norway’s Subsea7 will combine in a merger worth an estimated $4.86 billion, The Wall Street Journal reported. The union will create a global company offering construction, drilling, engineering, and logistics services to the oil and gas industry.

TOP TREND 2023: OFFICE BUILDING BUST
The Trump administration’s plan to slash the federal workforce will dump millions of square feet of empty square feet onto the office property market nationwide at a time when the sector is just beginning to stabilize after sliding for the past five years, The Wall Street Journal reported.

HONG KONG’S STOCK EXCHANGE PROFITABLE AGAIN AFTER TWO-YEAR DROUGHT
Hong Kong Exchanges and Clearing (HKEX), which operates Hong Kong’s stock exchange, booked a record profit of HK$13.1 billion, boosted by 71 new companies joining the exchange and a late-year rally after Beijing promised a major economic stimulus for the mainland.
The Israel War

WHERE’S THE OUTRAGE? ISRAEL ‘CONSISTENTLY BREACHED INTERNATIONAL LAW’ IN GAZA: TOP UN OFFICIAL SAYS
Volker Türk, the UN’s High Commissioner for Human Rights, said last week that Israel prosecuted an assault in Gaza in an “appalling manner” that “consistently breached international law.”

GAZA-FICATION OF WEST BANK ‘IN FULL SWING,’ REPORT SAYS
The Israeli effort to turn the West Bank into Gaza 2.0 is reportedly taking hold as the IDF turned three of the region’s refugee camps in Jenin, Tulkarem, and Nur Shams into something equivalent to what you’d see in northern Gaza.

EMBOLDENED ISRAELIS HOLD RALLY, DEMAND THAT GAZA IS EMPTIED
Israelis held a rally last week that focused on the future of Gaza and top government officials who attended said it was clear that U.S. President Donald Trump’s plan to ethnically cleanse the enclave is the most viable and what they supported.
AI

SPECIAL REPORT: CHINA’S AI SURGE
DeepSeek roiled the AI industry and financial markets last month with news of its world-class R1 model made on the cheap. The news set off a tsunami of Chinese investment and focus on the potential of domestic AI.

AI FERVOR REACHES EUROPE
Fourth-quarter earnings among tech companies in the MSCI Europe stock index grew by an average of 5.5 percent, compared to analysts’ forecasts of 0.5 percent.

MICROSOFT CANCELS LEASES ON DATA CENTERS
Microsoft, which had budgeted $80 billion this year to build out its AI infrastructure, has been canceling leases on “a substantial amount of data center capacity,” Bloomberg reported.
Hi-Tech Science

OLD WIND TURBINE BLADES BECOME NEW ROADS IN CHINA
Over the rest of this decade, between 5,000 and 9,000 fiberglass blades from worn-out wind turbines will be stacking up in the U.S. alone, a number that could reach 20,000 a year by 2040, according to the National Renewable Energy Laboratory.

RESEARCHERS PULL THE PLUG ON SMALL CELL LUNG CANCER
Scientists at the Francis Crick Institute have found a particular type of cell in small-cell lung cancers that makes the energy that enables the cancer to live and grow.

MICROSOFT CLAIMS QUANTUM COMPUTER BREAKTHROUGH USING NEW FORM OF MATTER
Microsoft has unveiled its Majorana 1, a quantum computer processor designed to house a million “qubits” and using a form of matter theorized for a century but never created before in physical form, the company claims.