#BREAKING๐ฅ
๐ Massive bullish news for the global markets and a potential turning point to finally end the war! โ
๐ค Trump will love this! Heโd likely agree to Iran's terms to wrap up the conflict and reopen the Strait of Hormuz, provided Iran cooperates on the nuclear front.
๐ฎ๐ท Big breakthrough: In a Fox News interview cited by ISNA, Iranian President Pezeshkian was asked about diluting their 60% uranium reserves and responded: "Yes, within the framework of international law, we are willing to accept whatever is proposed in the NPT." ๐๐๏ธ
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๐จ ITโS OFFICIAL: ๐บ๐ธ The SEC has confirmed that U.S. crypto companies are now ALLOWED to operate and conduct business across the United States.
๐ THE DIGITAL ERA IS HERE! ๐ฅ
BREAKING:
๐บ๐ธ๐ฎ๐ท Iran has just announced its conditions to reopen the Strait of Hormuz:
- Immediate lifting of the naval blockade
- Release of all frozen Iranian assets
- An end to the war on all fronts
Previously, President Trump said the US and Iran had a meeting today
Praying for agreement now!!
๐จ๐ฅ๐ฏ๐ต JAPAN JUST DROPPED A MASSIVE CRYPTO BOMBSHELL!
Japan has officially presented its own version of the CLARITY ACT:
Crypto is now recognized as a FINANCIAL ASSET, banks can hold DIGITAL ASSETS, and the government plans to CUT crypto taxes from 55% down to 20%.๐ฅ
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Fed hiked 25 bps to 3.75%โ4.00%, here are the impact on asset class:
๐ก Gold: Mixed: higher-for-longer rates/DXY/yields are negative, but inflation + geopolitical risk + fiscal concerns support gold
๐ก Silver: More vulnerable than gold to hawkish Fed because of higher real yields; industrial-demand component adds another risk
๐ด US Bonds: Bearish if markets price additional hikes; yields can remain elevated.
๐ข/๐ด US 10Y yield: Already near 5%; immediate reaction was relatively contained, but another-hike expectations keep upside risk
๐ด DXY: Hawkish Fed supports USD
๐ก US equities: Higher rates = valuation headwind, but resilient growth/earnings can cushion it
๐ด Long-duration/AI stocks: Particularly sensitive to higher real yields
๐ก Crude: Fed hike itself is demand-negative, but Middle East supply disruption dominates the oil market right now
๐ด INR: Higher US rates + strong USD + $100+ oil = continued pressure
๐ด Indian bonds: Higher US yields + INR pressure can keep Indian yields elevated
๐ก Indian equities: Higher global yields, weak INR and expensive crude are headwinds; domestic earnings/liquidity remain important
๐ข Indian oil producers: High crude can support realizations
๐ด Indian oil consumers: Airlines, paints, chemicals, tyres, etc. face margin pressure if crude stays high
Avoid high debt/capital intensive stocks.
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The house did not pull U.S. Forces out of Iran. It passed a concurrent resolution. Literally itโs a press release with a roll call vote. It will never go to the president and itโs not a law. After INS V. Chadha, the war powers trick of โCongress orders withdrawal without presentmentโ is not a binding command. The House acting alone is not even congress. If they wanted to force it, they would have to cut the money or pass a bill he can veto. They did neither. They announced they disagree. That literally all this is. ๐คทโโ๏ธ
BREAKING: Fed Chair Kevin Warsh says price stability and controlling inflation remain the Fed's top priority behind today's rate hike.
Here's what he said:
1. A strong labor market, hotter than expected CPI and PPI data, and fresh escalation in the war drove the decision.
2. The decision was unanimous, 12-0, as the Fed's 2% PCE inflation target remains the main goal.
3. The overall US economy remains strong, with healthy domestic spending and strong credit flows.
4. Higher Treasury yields are partly due to competition for capital between the government and hyperscalers, while also reflecting strength in the economy.
5. The Fed cannot directly control individual prices like food or oil, but it can stop those increases from spreading further across the economy.
6. In response to President Trump's push for lower rates, Warsh said stable prices remain the goal, and that benefits lower-income Americans the most.
7. Warsh gave no personal guidance on future hikes, but the Fed's own median forecast sees rates at 4.1% by year end, above today's new range.
8. "Hard-pressed to call financial conditions restrictive," a view he says was "widely shared by the FOMC."
9. "Plain fact is inflation is too high and has been for too long."
10. "I was not waiting breathlessly on any one data point. Trends matter, data points are noisy."
11. "Today's action starts to show we are serious about this."
12. "Inflation is a choice."