Some of the most brutal selling I've ever seen on a chart, and longs just keep getting rinsed over and over again.
Not sure where this bottoms out, but it probably needs a -80% (getting there).
$MEGA
MORGAN STANLEY: S&P 500 CORRECTION NEARLY OVER
Morgan Stanley turns cautiously bullish, saying markets have largely priced in recent risks.
Strategist Michael Wilson notes the S&P 500 has rebounded ~7% from lows and held key support, signaling the correction may be ending.
Strong earnings (≈15% growth, 20% forward) support the outlook, with investors advised to buy dips.
Positioning: favor cyclicals + quality growth; energy may have peaked.
Shocking stat of the day:
The top 10% of US earners now reflect a record 49% of all consumer spending.
This percentage has risen +13 points over the last 30 years, marking a dramatic shift in spending power.
At the same time, the bottom 80% of earners represent just ~37% of total consumer expenditures, down -11 percentage points since 1995.
This means the top 10% account for a record 33% of US GDP, as personal consumer expenditures account for 68% of total economic output.
Meanwhile, the bottom 80% account for just 25% of the US economy.
Asset owners are the only winners in this economy.
Key Events This Week:
1. August JOLTS Job Openings data - Tuesday
2. CB Consumer Confidence data - Tuesday
3. Sept. ADP Nonfarm Employment data - Wednesday
4. Sept. ISM Manufacturing PMI data - Wednesday
5. Initial Jobless Claims data - Thursday
6. September Jobs Report - Friday
This week is all about the labor market.
Monthly Crypto Calendar for September!
Full Details (UTC Time):
September 1
• US Market Closed
• $WLFI Claim (20% of Allocations)
• $CFX Hardfork
• $SUI Unlock of $144M
September 2
• US ISM Manufacturing PMI (2pm)
• $NMR Signals Scores Change
• $ENA Unlock of $26M
September 3
• US JOLTS Job Openings (2pm)
• $ONDO Tokenized Stocks (Launch)
• $TRB Mainnet Upgrade
• $LEVER Binance Futures Delisting
September 4
• US ADP Non-Farm Employment Change (12:15pm)
• US Jobless Claims (12:30pm)
• US ISM Services PMI (2pm)
• CONF3RENCE 2025 (3-4 Sept)
September 5
• US NFP (12:30pm)
• US Unemployment Rate (12:30pm)
• $IMX Unlock of $12.5M
September 8
• $ACE Fusionist Game Test Ends
• $TRAC Livestream with Microsoft (4pm)
September 9
• $HOOD Robinhood Summit (9-10 Sept)
September 10
• US PPI (12:30pm)
• $CELO Ice Cream Hardfork
September 11
• US CPI (12:30pm)
• US Jobless Claims (12:30pm)
• $APT Unlock of $49M
• $MITO Airdrop Claim Ends
September 12
• US UoM Prelim Consumer Sentiment (2pm)
• US UoM Prelim Inflation Expectations (2pm)
• $ETH ETHTokyo 2025
September 15
• $STRK Unlock of $16M
• $SEI Unlock of $15M
September 16
• US Retail Sales MoM (12:30pm)
• $ARB Unlock of $45M
September 17
• US FOMC Rate Decision (6pm)
• US Powell Speech (6:30pm)
• $XLM Meridian 20255 (17-18 Sept)
• $ZK Unlock of $10M
September 18
• US Jobless Claims (12:30pm)
• $MKR -> $SKY Upgrade Deadline
September 19
• Trump Visits the UK (17-19 Sept)
• DGFI 2025 (19-20 Sept)
September 22
• Trump Speech (80th UN General Assembly)
• Korea Blockchain Week (23-24 Sept)
• $COOK Methamorphosis S3 Ends
September 23
• US Flash Manufacturing PMI (1:45pm)
• US Flash Services PMI (1:45pm)
September 24
• US New Home Sales (2pm)
• $ETH ETHSofia 2025 (24-25 Sept)
September 25
• US Jobless Claims (12:30pm)
• US Final GDP QoQ (12:30pm)
• $PENDLE hwHLP Launch on Ethereum
• $TAKE Kaito Earn S2 Ends
September 26
• US Core PCE Price Index (12:30pm)
September 29
• $S Sonic Summit (29-30 Sept)
September 30
• US JOLTS Job Openings (2pm)
• $CAKE Polygon zkEVM Sunset
• $FNSA -> $KAIA Token Swap Deadline
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Key Events This Week:
1. July New Home Sales data - Monday
2. August Consumer Confidence data - Tuesday
3. Nvidia, $NVDA, Reports Earnings - Wednesday
4. US Q2 2025 GDP data - Thursday
5. MI Consumer Sentiment data - Friday
6. July PCE Inflation data - Friday
A big week ahead to close out August.
President Trump's ceasefire announcement was timed within 2 minutes of US futures markets opening, causing NASDAQ index futures to soar 150 points in an hour.
Do you get it now?
Key Events This Week:
1. Markets React To "Tariff Exclusions" - Monday
2. March Retail Sales data - Wednesday
3. Fed Chair Powell Speaks - Wednesday
4. March Housing Starts data - Thursday
5. Philadelphia Fed Manufacturing Index - Thursday
6. ~10% of S&P 500 Companies Report Earnings
We have another busy week ahead of us.
No need to be worried (yet) these 100m of emergency liquidity borrowed from the FED is likely the usual ones needed Norinchukin NY Branch needs to keep the lights on every time they run out of cash
Trump is live proof that manipulating markets is real.
mfer tariff posted all week, then bull posts at the most illiquid time in crypto(weekend)
you love to see it.