Today, a look at markets that are - and should remain - a bit nervous given the big push higher in global yields of late. Up ahead, we have some huge tests for this market, including Nvidia's earnings report Wednesday, a critical Starship launch pre-SpaceX IPO. And once SpaceX does IPO, how will that impact Tesla shares as the Musk faithful will suddenly have two vehicles to choose from. Also, the USD surge, sterling comeback, other earnings ahead and more on today's pod, which is hosted by Saxo Global Head of Macro Strategy John J. Hardy.

Links

Bloomberg covers Meta's insane USD 200 billion data center
A writer on Medium.com (paywall) questions whether SpaceX's Starship is a white elephant after Reuters reported the company has already sunk USD 15 billion into the project.
And once SpaceX IPO's, what will it mean for Tesla share holders as the Musk faithful suddenly have two vehicles into which to sink their life savings?
Saxo's own Charu Chanana covers the latest Berkshire 13F filings tracking their Q1 additions and reductions from their portfolio.

About twice per week, you will find links discussed on the podcast and a chart-of-the-day over at the John J. Hardy substack.

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