PPI came in flat for the month, but the yearly numbers were hotter than expected—1.8% vs. 1.6%, and Core PPI at 2.8% vs. 2.6%.
Inflation pressures aren’t cooling off as fast as hoped. The Fed’s got some decisions ahead.
@MarioNawfal Incredible initiative.
Starlink and T-Mobile teaming up to keep people connected during disasters. This tech is a game changer for emergency response!
@fejau_inc It’s a tough call,
Either rising yields will pressure oil prices further if economic slowdown fears grow, or a bounce in crude could suggest the market is pricing in resilience.
Let’s see which narrative wins out!
The Recession Debate: Is the Market Overreacting?
Despite the bond market pricing in a recession, Bassman remains skeptical about a hard landing.
• Market vs. Fed Expectations:
There's a significant divergence between the Fed’s dot plots and market expectations, with futures pricing in more aggressive rate cuts.
• Fed's Likely Course:
Bassman argues that under Jerome Powell's leadership, the Fed is unlikely to make drastic rate cuts soon, aiming to maintain credibility and avoid repeating the inflation surge of the 1970s.
- 𝘚𝘰𝘶𝘳𝘤𝘦𝘥 𝘧𝘳𝘰𝘮 𝘏𝘢𝘳𝘭𝘦𝘺 𝘉𝘢𝘴𝘴𝘮𝘢𝘯 𝘰𝘯 𝘔𝘰𝘯𝘦𝘵𝘢𝘳𝘺 𝘔𝘢𝘵𝘵𝘦𝘳𝘴 𝘩𝘰𝘴𝘵𝘦𝘥 𝘣𝘺 𝘑𝘢𝘤𝘬 𝘍𝘢𝘳𝘭𝘦𝘺.
@DeItaone Game changer for the EV market!
If they can really deliver 5-minute charging, it could be the push needed to overcome range anxiety and boost adoption.
@Jamie1Coutts Interesting to see active addresses picking up again.
Even with shifting dynamics like ETFs and Layer 2s, good to see organic growth on base level Bitcoin.