ef

Elliot Falovitch
@nft Director, Head of Business Development

[Sportsnet @Sportsnet]

Ern'd it 💙

(h/t @ShiDavidi)

[ef @ef_nft]

@Tradermayne They're not gonna take the Jays seriously, are they, eh?

[ef @ef_nft]

@JDBunkis I can't breath

[ef @ef_nft]

@JDBunkis Bo is back

[ef @ef_nft]

@Tradermayne We're playing loose and with house money

[ef @ef_nft]

@Tradermayne I'm on my way. Go Jays!

[ef @ef_nft]

@JDBunkis The team trended downward (undeservingly) as soon as they delegated him to the pen

[ef @ef_nft]

@joshistrading Go on...how do I test it out

[ef @ef_nft]

@LDNCryptoClub Earned a follow with this write up. Will look for your follow up tweets throughout Q4

[LondonCryptoClub @LDNCryptoClub]

So this is the playbook for the Fed tonight and how it plays out over coming weeks

Fed cut 25bps (quite possibly 50bps)

Market chops as we all look at the dots and forecasts forgetting that the previous dots were wrong and quite useless

Then JPow speaks

He’ll note a softer labour market than previously thought, but inflation remains above target and economy generally looks ok but the downside risks to the labour increasing are why they cut

Lots of ink will be spilt on was it a hawkish cut or a dovish cut and which one is bearish or bullish for markets

If we initially knee jerk higher, markets will get levered long at the highs and all get washed out

If we initially knee jerk lower, markets will get levered short at the lows and all get washed out

Everyone chopped up, casino wins

Then things settle down

Calmer heads will note that whilst Labour market clearly soft, economy is slowing not collapsing and in fact recent data suggests still resilient

Inflation sticky but not accelerating

Then we realise that markets are a function of rates and liquidity and the rate environment just got easier

Yields lower and dollar weaker are reflexively positive for risk

The big money then over the next few weeks start to deploy real capital and everything melts up

Funds under positioned risk throw the towel and forced to chase

Bitcoin and broader crypto finally catches up to the risk move and we push to 150k BTC into November, 6k ETH and broader alts all pumping

Bears in despair, bulls “just got lucky”

[ef @ef_nft]

@JDBunkis Infuriating.

[ef @ef_nft]

@ZeroHedge_ @Tradingalpha_ Roger. Will look for a release 👀

[amit @amitisinvesting]

THE MOST IMPORTANT PIECE OF FINANCIAL LEGISLATION IN THE PAST DECADE HAS JUST BEEN PASSED.

Trump: “As an industry, you guys were mocked. Thank you for persisting and never giving up.”

It is a new day for Crypto in America.

[ef @ef_nft]

@MacroCRG

[ef @ef_nft]

@Sportsnet

[ef @ef_nft]

@Harjas_Grewal Actually, no.

https://t.co/jzesj81z06

[ef @ef_nft]

@Tradermayne What an overpay as well. Phoenix got a haul

[ef @ef_nft]

@jconricus Chicago 58 Salami stocks pumping lfg

[ef @ef_nft]

@dr_cusemakyahud @IRIran_Military