The U.S. goods trade deficit swelled 18% in July to $118.8 billion, the largest since tariff front-running in March 2025, as imports jumped 3.7% and exports fell 2.9%. Excluding tariff-distorted months, it's the biggest since COVID reopening demand boosted imports in March 2022.
WALL STREET JOURNAL:
OPENAI'S HEAD OF DATA CENTERS CHRIS MALONE HAS LEFT THE COMPANY
this is like the 5th person who left in the past month
chief revenue officer left 2 weeks ago
you usually don’t leave one of the hottest startups a few months before IPO
just weird
Now that the AI bubble is over they're really trying to push crypto companies as the "next big thing" for markets to rotate into.
Problem is, all the people who normally get sucked into media hype of another crypto bubble are broke and the economy is dead.
There's nothing left
BITCOIN COULD HIT $300,000 BY 2029
Bernstein predicts Bitcoin could recover to a new record of $150,000 by mid-2027 before reaching $300,000 by 2029.
The firm expects rising government debt and currency debasement to boost demand for scarce assets like Bitcoin.
In Warsh’s first two months as Fed chair, M2 has grown about 0.9%, an annualized pace of nearly 6%. Properly defined, inflation is the expansion of the money supply; higher prices are the consequence. A 6% monetary inflation rate is hardly consistent with the Fed's 2% CPI target
I’m seeing ultra-bearish accounts now claiming they were telling everyone to buy at $60K and mocking those who were calling for lower prices when they were actually the ones calling for lower prices themselves.
Don't waste time mourning missed opportunities or losses. Traders that live in the past will never have a successful future. Miss 99 opportunities? Who cares, you could retire on the 100th opportunity you take.
Imagine working 9-5 for 50 years then The Fed prints 40% of the total money supply and inflates away 20 years of your work. That's why you need #Bitcoin.
The Trump administration's further weaponization of the U.S. dollar to advance its Iran policy will only hasten the speed with which the world de-dollarizes. This transition couldn't happen at a worse time, as the last thing we need now is more Treasuries to buy back or monetize.
If you invested $300 a month from age 30 to 60 at 10% average return, you would have over $650,000.
$300 a month.
Most people spend more than that eating out.
🚨 THE SMARTEST MONEY IN CRYPTO JUST WENT SHORT.
Wintermute is sitting on $190,800,000 in shorts across $ETH, $BTC, $SOL, $HYPE and $XRP.
They're down $5.85M right now.
They're up $203,600,000 all-time.
Do they know something ?