I'm not black, I'm O.J!
Inflation is transitory, but my bad financial decisions are forever. not a trader but the market wishper to me listen together with me
Oh, ground-breaking news. I’m sure it’ll be used for incredibly noble, world-saving scientific endeavors and definitely not for brute-forcing passwords or running highly optimized algorithms to figure out which exact TikTok video will completely destroy my attention span today.
Truly, a proud day for humanity's collective spreadsheet efficiency.
History rhymes, but Warsh was brought in specifically because the old playbook wasn't working. If the Fed blinks now, they lose 100% of their remaining credibility. Actions might lag words, but the trend line is clear — they have to stay tough. The market is pricing in Warsh's rhetoric right now, which is why metals are taking a hit. But the real test comes at the first sign of a labor market slowdown.
Today was a pretty brutal day for the tech sector globally, driven by a "double whammy" of growing skepticism over massive AI infrastructure spending and fears that the Fed might hike interest rates sooner than expected to combat inflation. South Korea's market plummeted 10% (even triggering a trading halt), and Wall Street followed with the Nasdaq sliding sharply, led by heavy drops in chipmakers like Micron, Qualcomm, and Nvidia.
The global tech sell-off today is wild.
• South Korea's KOSPI fell 10% (trading halted)
• Nasdaq down 1.5%+ driven by chipmakers
• Fed interest rate hike fears back on the table
• Massive skepticism growing over Big Tech’s AI capital expenditure
@OmeniSteph93105 You didn't read the structure and using wrong timeframe whenever a support/resistant level being hit multiple times keep in its will get broken that what happens to GOLD at $4,177 Asian section broke it
@InnocentMarve11 Yeah if you're a newbie he is then when you know that he can't trade cause he makes his money trough courses you have learned it the hard already
Oh, thank goodness. And here I was worried that an incredibly volatile, speculative digital asset might only skyrocket within my expectations.
Can’t wait for my groceries to cost 0.00002 Bitcoin on Tuesday and 4.7 Bitcoin by Thursday. Truly, the stable economic future we’ve all been dreaming of."
@elonmusk Right now, making just one gram of antimatter would cost an estimated $62.5 trillion, making it the most expensive substance on Earth. But if we ever want to reach another star system in a human lifetime, it’s arguably our best shot—nothing else packs that kind of energy density.
Gold took a sharp hit today, dropping about 2% to trade around $4,300 per ounce. The selloff boils down to two main drivers pulling the rug out from under the metals market:
1)The "Hawkish Shock" from Kevin Warsh: Even though the Fed kept interest rates steady at 3.5% to 3.75% today, the accompanying "dot plot" (the economic projections showing where policymakers think rates are headed) was surprisingly aggressive.
2)Cooling Safe-Haven Demand: Over the last few weeks, geopolitical friction had been keeping a high premium on gold as investors looked for safety. A sudden cooling of those tensions—particularly in the Middle East—prompted investors to pull their money out of defensive "safe haven" assets like gold and rotate back into riskier sectors.
@PeterSchiff "Hey, that’s not fair. Forming a task force to investigate why the first twelve task forces didn't find a solution is a solution. It’s called synergy."
The Federal Reserve wrapped up its highly anticipated policy meeting today, keeping its benchmark interest rate unchanged but delivering a distinctly surprise twist in its messaging.
The Federal Open Market Committee (FOMC) voted unanimously to keep the federal funds rate at its current range of 3.5% to 3.75%.
While the rate freeze was predicted, the Fed's outlook took a sharp, aggressive turn.
1)The Energy Shock: The Fed explicitly pointed to a resurgent spike in inflation (hitting 4.2% in May).
2)Rate Hikes are Back on the Table.
Everyone is trying to read the new Fed Chair. Here is what will trigger a major hawkish shift from Kevin Warsh:
• Sticky inflation / energy shocks
• Aggressive balance sheet reduction (QT)
• Leaning hawkish to fiercely defend Fed independence from
What triggers a hawkish Fed Chair Kevin Warsh? Watch for:
1/ Sticky core inflation (he rejects the "transitory" view).
2/ Aggressive QT to shrink a bloated balance sheet.
3/ Killing the "dot plot" to restore market risk.
Independence and credibility are his north stars. 🧵👇
The energy sector is seeing massive downward pressure, which is weighing heavily on broader indices like the S&P 500. This is actually triggered by good geopolitical news.
A tentative peace deal between the US and Iran—set to be officially signed in Switzerland on June 19—has promised to fully reopen the critical Strait of Hormuz and ease sanctions on Iranian oil.
Hard to tell if the worst of this month's bloodbath is behind us or if today's Fed meeting is going to spark another liquidation wave. The volatility is wild right now. Staying liquid and watching the charts closely. What's the move here, buy the dip or sit tight?
Everything is selling....🐻🐻🐻