Falling, falling, falling on one side, rescuing, rescuing, rescuing on the other—it's a mess.
Last night
📉 U.S. stock markets fell across the board
🥇 Gold dropped below $4,200
🪙 Bitcoin briefly fell below $90,000
🛢️ U.S. crude oil fell below its 50-day moving average to below 60
There are three reasons for the decline:
- The Japanese bond market continues to drop
- The market believes the Fed will do a hawkish rate cut, meaning they'll cut rates but give a hawkish statement
- Top Fed chair candidate Hassett gave a hawkish speech
Seeing this, Trump quickly tried to reassure the market:
"Nvi
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