Russian forces have have limited success in regaining settlements...

...Don't Cry Cryo!

... the longest stretch of consecutive selling in months

...the message - not just the messengers - was toxic.

"...aside from speculative investing and possible use for illicit activities, the vast majority of crypto assets have yet to prove out sustainable use cases..."

Hawkish Powell; Hotter-than-expected Y/Y PPI figures, Initial Jobless Claims surprisingly falls; Larger EIA crude build than forecasted; Iranian Foreign Minister said Iran is ready to negotiate; Banxico cuts rates by 25bps, as expected; Australian Employment short of forecasts; ASML maintains 2030 sales outlook; Trump plans to kill consumer tax credit for EVs; US regulators plans to investigate MSFT Cloud Business; Trump picks RFK Jr. to lead HHS.

Haaretz reports the IDF is stepping up demolitions in Gaza & building more permanent military structures.

...The Fed is in "no hurry" to cut rates... and inflation's on a "bumpy path"...

 

There is no incompatibility between political success and economic rationality. In this case, the incoming Trump administration is very fortunate: they go together...

At least 15 killed in latest strike...

“The underlying motivation behind this stunt is obvious...”

"I expect inflation to continue to come down toward our 2 percent objective, albeit on a sometimes-bumpy path."

Greg Lindberg is the founder of Eli Global LLC and owner of Global Bankers Insurance Group.

Gold has not seen such a big 7 day down move since Covid hit the world.

The new bill is the first of its kind and would allow the state’s treasury to allocate up to 10% of its roughly $7 billion state funds into bitcoin as a way to help combat inflation

Time to be short term contrarian to the Trump bump?

'Every major cell carrier responded and confirmed that they did not provide the FBI corrupted data...'