Very interesting US labor market report.
All the metrics the Fed is looking at for signs of an inflation slowdown actually worsened.
Markets are reacting as if this job report implies the US economy is very strong, but if you look under the hood...
A thread.
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22,000 Axies sold in the last 24 hours. Was at 7,000 a few weeks ago.
Origin growing quickly with the new Alpha Season. 4,600 downloads yesterday.
Bridge is up. Land (90% staked) is emitting AXS.
Nature is healing.
The used car market is on the brink of an auto loan collapse that can shake the entire industry.
I am shocked that more people are not talking about this!
We are facing a 2008-ish scenario in the used car market and honestly, it's a disaster waiting to happen.
A 🧵
@pierre_crypt0 Neither this traditional H&S pattern + an ascending channel breakdown + bearish retest on the right shoulder
I know you are a price action/trend trader, but these structures are above the 2017 ATH. Can't be ignored imo
(and agreed, the assymetric IHS patterns are ridiculous 😂)
what's really key here is creating new usages for slp that when used, doesn't increase slp minted in the long term, but instead provide players with entirely non-financial value/needs. i.e Status, aesthetic, social connection, etc
/4
reducing slp in adventure or pvp also doesnt make sense since it affects earnings by scholars, albeit offset by future hike in prices, likely to stun DAU growth when games earning potential issnt as great comparatively
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