🚨 FED CHAIR KEVIN WARSH JUST MADE IT CLEAR: THE FIGHT AGAINST INFLATION IS NOT OVER.
Key points from the FOMC press conference:
• The Fed held rates in a 9–3 vote after a heated internal debate.
• Warsh said inflation is still too high and the 2% target is non-negotiable.
• The Fed is pulling back from forward guidance and will let markets react directly to incoming data.
• Treasury yields have already tightened financial conditions, even without another rate hike.
• One soft CPI report will not change policy. The Fed is focused on the broader trend.
• The economy and labor market remain solid, while AI investment is driving a major surge in business spending.
• A hold does not mean the Fed has paused. Warsh called it “watchful thinking.”
• If inflation rises while employment stays strong, the Fed will be more inclined to tighten again.
The message was simple:
The Fed is not declaring victory, and rate hikes are still on the table.
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BREAKING: Trump announces the US will strike Iran in response to Iran's ballistic missile attacks on US targets in Jordan last night.
Trump adds "we're going to beat the fucking shit out of them" and "we'll be hitting them hard. They're going to get a beating."
BREAKING: FORMER CLINTON LABOR SECRETARY ROBERT REICH JUST URGED ALL DEMOCRATS TO VOTE AGAINST THE #BITCOIN AND CRYPTO CLARITY ACT
“ITS ONLY PRACTICAL USES ARE TAX EVASION, MONEY LAUNDERING, FRAUD, SPECULATION, AND CRIME”
“NO DEMOCRAT SHOULD VOTE FOR THE SO-CALLED CLARITY ACT”
“A BILL BACKED BY THE CRYPTO LOBBY THAT WOULD MAKE THIS PONZI SCHEME EVEN WORSE”
“THERE’S NO LEGITIMATE USE FOR CRYPTO” 🤡
🚨 ASIA’S BIGGEST AI MARKETS ARE COLLAPSING SIMULTANEOUSLY...
Over $950 billion has been wiped out from just 3 stock markets today.
- KOSPI: down 10.8%, $520-550B erased
- TAIEX: down 4.65%, Taiwan's 3rd-largest point drop ever
- Nikkei: down 4.33%, $160-180B erased
Today's FOMC rate decision and China chip supply fears are causing the crash.
KOSPI has already crashed 41% in the last 37 days.
The last time we saw a crash this size was 2008, and that took almost 300+ days to fall 57%.
This time, we saw a similar crash within a fraction of that time.
Stock markets often weaken in the second half of midterm years, and that’s also when Bitcoin has historically found its bottom.
$NVDA’s
More people are finally asking about Nvidia’s circular financing that we’ve been pointing out for years
How long can Nvidia keep propping up the customers buying its chips?
$500B AI buildout
$250B financing guarantee for OpenAI’s massive Ohio data center.
When the chip seller starts underwriting the buyer’s power bill at this scale, it’s not growth.
It’s circular financing.
@kakashiii111 was on this years ago.
@Crypto_Briefing
FOLLOW-UP: New reporting on the $NVDA/OpenAI Ohio data center financing shows the scope is bigger than first reported — beyond the ~$250B lease/debt guarantee, Nvidia is separately in talks to finance up to $350B of OpenAI's chip purchases for the project, which WSJ says could total more than $500B all-in.
The 10-gigawatt Piketon, Ohio site is being built on a former uranium enrichment plant, with power funded in part by Japan's $33B trade-deal investment.
This data center is being built on a decommissioned uranium enrichment site about 50 miles south of Columbus. The power plant that will run it sits on federal land. Public land plus federal control cuts out the local approval fights. https://t.co/B5WGKZsHpf
1) Nvidia is in early talks to provide up to $250 billion in financing guarantees to help OpenAI lease computing capacity from a planned $500 billion,10-gigawatt data center facility in Ohio, according to Bloomberg, citing people familiar with the matter.
REPORT: Nvidia is reported to be in talks to guarantee up to $250 billion in financing for OpenAI's planned data center expansion, prompting scrutiny over AI infrastructure ties.
Source: Nasdaq
Could this raise regulatory concerns?
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#NVIDIA#OpenAI