A lot of change is coming:
Rate cuts are now certain, the labor market is weakening to pandemic-levels, and core inflation is above 3%.
Those who quickly adapt to change will perform the best in this market.
Invest objectively and the next 12 months will be great.
Counter-party risks:
• broker accounts => often broker owns it
• bank accounts => bank owns it
• derivatives => ETFs etc
• centralized crypto exchanges => exchange owns it
• bank deposit boxes => not safe
• Kinesis Money et al. (not safe)
+ much more (existing & coming)
This is not gold going up, it is mostly currencies depreciating.
And, it is not only a normal bull market, it is a monetary system reset.
So for heaven's sake, make the most of the most important bull market you will ever experience. #joinus
Completely incredible. Lutnick and Trump brag about getting South Korea to invest billions in the U.S., then turn around and arrest South Koreans who were here temporarily in the U.S. to help Hyundai set up a factory in Georgia. The stupidity burns.
Completely incredible. Lutnick and Trump brag about getting South Korea to invest billions in the U.S., then turn around and arrest South Koreans who were here temporarily in the U.S. to help Hyundai set up a factory in Georgia. The stupidity burns.
This is absolutely insane:
The US just revised the June jobs report lower for a SECOND time for a total of -160,000 jobs.
Now, the US has officially LOST -13,000 jobs in June, the first negative month since July 2021.
What just happened? Let us explain.
(a thread)
Kalau kalian jadi penduduk asli Venezuela lalu diserang AS, kalian kabur keluar negeri atau ikut wajib militer?
Lawannya AS yg ga mungkin kalah.
Clue-nya : Venezuela pasti menang.
Nah. Ayo jawab…..
Kalau kalian jadi penduduk asli Venezuela lalu diserang AS, kalian kabur keluar negeri atau ikut wajib militer?
Lawannya AS yg ga mungkin kalah.
Clue-nya : Venezuela pasti menang.
Nah. Ayo jawab…..
The CEO of McDonald's says that we're now living in "a two-tier economy."
" If you're upper income earning over $100,000 things are good, stock markets are near all time highs... What we see with middle and lower income consumers is actually a different story."
The U.S., China, and Japan all have stock markets at record highs.
At the same time, their economies face weak growth, layoffs, property crises, and stagnant wages.
Markets are soaring while households struggle. What’s driving this split?
(a thread)
OpenAI will have their own chips for the first time next year, co-designed with Broadcom. The chip is for internal use only. Broadcom announced earlier today that they had secured $10 billion in orders for custom chips from a new mystery client. Looks like the mystery is solved.
MSTR hit an all-time high of $543 on November 20, 2024 when BTC was at $94,300.
That was almost one year ago.
At the time MSTR owned approximately 331,200 BTC. They have since acquired an additional 305,305 BTC and now hold 636,505 BTC total.
That's over 3% of all the bitcoin…
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