Founders P.M.- Goldman Trader Gives a Debt Reality Check

"If China/Asia are moving towards a de-dollarisation and want to hold fewer US treasuries…who is going to the buyer of all this issuance?"

If China/Asia are moving towards a de-dollarisation and want to hold fewer US treasuries…who is going to the buyer of all this issuance?

- R Molavi, Goldman MD EU Headtrader

We answer that question directly in Section 3

Contents:

1. BOA on Obesity drug

2. Report Slide Deck

3. MUST READ: Goldman EU Head Trader recaps the week

   1. Debt Section= the quiet part out loud

1- OBESITY DRUG EFFECTS: Multi-market analysis

The impact of these downstream effects …could change consumer behavior over the longer-term with some industries benefiting while others having higher risk. 1) snacks and beverages, 2) restaurants, 3) tobacco, 4) gaming, 5) apparel, and 6) food retail. Key highlights are below

ZH Story: 'Downsize Me': BofA Reveals Weight-Loss Drug Users Could Unleash Apparel Spending Spree

Comment: Only thing to add is- American Ingenuity/ Capitalism sees grassroot trends and produces means to attain them. We will eat less in a less global world…. but maybe we will buy new clothes? If we are lucky this false “Big butt” trend will subside. Thin is back in?