Benjamin_Fx

#Forex, #commodity, #crypto
Trader at @quantumbips

[Binance @binance]

As a result of corporate due diligence, as well as the latest news reports regarding mishandled customer funds and alleged US agency investigations, we have decided that we will not pursue the potential acquisition of https://t.co/FQ3MIG381f.

[Benjamin_Fx @benjamin_giard]

Nothing to add

[Raoul Pal @RaoulGMI]

The lesson being learned in crypto (again) is that even with rapid adoption of the technology, it is hard to build businesses on top of a 85 vol asset class and its impossible and foolish to build a business with leverage on it. 1/

[Benjamin_Fx @benjamin_giard]

Great Advice!

[Tom Dante @Trader_Dante]

22 years trading.

Here are some of the most important things I've learnt (Part 1/2):

[Peter Berezin @PeterBerezinBCA]

Contrarian take: The CPI report was not as bad as initial reactions suggest. All items ex food and shelter were up only 0.1% in September. As the charts below show, food inflation will fall and rents on new listings have already rolled over. Wage growth also looks set to cool.

[Viraj Patel @VPatelFX]

⚠️ '22 Fed hiking cycle is the most aggressive in 40 years. But even more unique is that the Fed wants to keep rates on hold for >12 months. They usually start cutting within 6 months of last hike. Closest example of higher for longer is '04-'06... and we know how that ended $USD

[Benjamin_Fx @benjamin_giard]

Interesting, Fed "soft landing"

[Lance Roberts @LanceRoberts]

4th worst #bear #market for #bonds in history and no one wants to buy bonds.
"Investors buy the most at the top and the least at the bottom." - Bob Farrell
h/t @ISABELNET_SA

[Benjamin_Fx @benjamin_giard]

Inspiring!

[Bill Gates @BillGates]

Although the foundation bears our names, basically half our resources have come from Warren Buffett. His incredible generosity is a huge reason why the foundation has been able to be so ambitious. I can never adequately express how much I appreciate his friendship and guidance.

[Benjamin_Fx @benjamin_giard]

https://t.co/hjHv0hjmfS

[Blockworks @Blockworks]

In 1995, Bill Gates gets mocked for believing in the new tech, the internet.

In 2022, Bill Gates mocks the new tech, crypto.

[Arno Venter @ArnoVenter_]

😬

[Alessio @AlessioTMAD]

US retailer inventory to sales ratio jumps to highest on record

Full on inventories but consumer is cutting spending.. probably bullish

[Frédéric Giard @Frederic_Giard]

Today's ADP Nonfarm Employment (128K) Change reveal a bad data on the headline, but even more under the hood. The small business are the ones who suffer the most. they represent 50% of the GDP, so this is very bad. Is the government actions killing the small business?

[Benjamin_Fx @benjamin_giard]

The fun begins!

[zerohedge @zerohedge]

QT2 begins

[Benjamin_Fx @benjamin_giard]

Mortgage rate up to 5.46% and applications down 2.3% WoW, BUT home price still up last month. I think it's a matter of time and in the coming months we will see prices slowly come down.

[Charlie Bilello @charliebilello]

The last 8 times the S&P 500 was down in a calendar year, Bonds finished the year up, cushioning the blow.

Very different story thus far in 2022...

[Benjamin_Fx @benjamin_giard]

https://t.co/6ISOrKzezJ

[Michael A. Arouet @MichaelAArouet]

But we were told that inflation was caused by supply chain bottlenecks 👇 Chart @PPGMacro

[Viraj Patel @VPatelFX]

⚠️ US savings rate falls to 4.4% in April... lowest since Sep '08
$USD $SPX

[Blockworks @Blockworks]

People that believe in crypto:

Tesla CEO
Uber CEO
Apple CEO
Nvidia CEO
PayPal CEO
Airbnb CEO
Google CEO
Microsoft CEO
Mastercard CEO
Meta Co-Founder
Apple Co-Founder
Reddit Co-Founder
Twitch Co-Founder
Twitter Co-Founder
Morgan Stanley CEO
Goldman Sachs CEO
Charles Schwab CEO

[Benjamin_Fx @benjamin_giard]

Great article Giles! Thanks for the insights you provide to the retail community!

[Giles Coghlan, CMT @GilesCoghlanCCA]

Don't forget this lesson from #gold in April

https://t.co/itee2RTQPc

#XAUUSD