🚨TOM LEE: “We’ve got a BIG RALLY into the year end.”
Lee says the S&P 500 could top $8,200 by year end.
For him, Q4 could bring one of the "BIGGEST rallies of our lifetime", that could continue into next year.
🇨🇳🇺🇸 China cuts US Treasury holdings to an 18-year low
• China has been reducing its holdings for over a decade, down from around $1.3 trillion in the early 2010s to $618 billion today.
• The decline accelerated after 2022 as China became more concerned about relying too heavily on US assets.
• Foreign governments are buying fewer US Treasuries, while hedge funds and other investors are buying more.
• Weaker foreign demand is helping push Treasury yields higher, with the 30-year yield recently hitting a nearly 20-year high.
• Higher yields mean the US government has to pay more to borrow money.
🔥BIG JUMP: $NEAR has surged more than 80% in seven days, climbing from around $2.20 to $4.20.
NEAR recently launched what it calls the industry’s first “confidential by default” perpetual futures trading.
Powered by Hyperliquid, the feature lets traders open positions without publicly linking those trades to their accounts.
Growing at unparalleled speed.
xStocks has surpassed $800M in assets under management across tokenized stocks, ETFs and IPOs.
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Trillions left to tokenize.
🚨SHOCKING: Obama says AI has gone from 90% human-taught to 50/50 in less than six months and is heading to 90% self-learning.
"We're now hitting the hockey stick trajectory where the models are going to get smarter and better at an exponential pace."
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The crypto markets entering parabolic growth.
Nothing prepared you for this pump.
My only warning to those reading this is never sell.
Hold until your face melts off and you start to cry, pass out and stop breathing before you sell.
Anything before this was a test.
⚡️NEW: Binance officially launches 24/7 FX perpetual futures with up to 100x leverage.
The $7.5 TRILLION daily FX market is now accessible to crypto traders around the clock, including weekends.
The first contract is USDBRLUSDT, going live September 21 at 14:00 UTC. More currency pairs are planned.
Binance already offers 24/7 perpetuals for gold, silver, oil and natural gas, FX is the latest addition to its growing TradFi lineup.
🇺🇸 TRUMP SAYS HE IS FORMING AN “AI FORCE” AND WILL NAME AN AI CZAR
The U.S. should not “hinder or stifle” the growth of artificial intelligence and argues existing criminal and civil law can handle bad actors without choking the industry.
His new proposal is an “AI Force,” which he compares to Space Force, plus a forthcoming AI czar.
He also says AI could eventually account for as much as 25% of U.S. GDP.
That is a very different regulatory philosophy from treating frontier AI primarily as a risk to contain.
Washington’s AI fight is becoming all about whether government acts as referee or accelerator.
Source: @realDonaldTrump / Writer: Oliver
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