$ETH/BTC 3W MACD golden cross has happened.
This is the first golden cross in almost 6 years.
Ethereum is about to teleport against BTC in the coming months 🚀
BREAKING: President Trump announces trade deal with South Korea including:
1. $350 billion investment in US
2. $100 billion of energy purchases
3. 15% tariff on South Korean imports to US
4. 0% tariff on US imports to South Korea
Beef has never been more expensive:
USDA ground beef retail prices have surged to a record $6.10 per pound.
Over the last 3 years, beef prices have risen by over +50%, driven by a severe cattle shortage.
Ranchers have slashed herds due to high interest rates, expensive feed,
The rise in the Euro was always wrong. The EU is too scared to defend itself against an existential threat like Russia. Yet markets spent the last few months flirting with the idea that Euro is a reserve currency alternative to the Dollar? Markets are finally getting over that...
Margin investing is skyrocketing:
Margin debt jumped +9.4% in June to a record $1.01 trillion.
This also marks the largest monthly increase in history, at +$87 billion.
Over the last 2 years, margin debt has surged by ~$400 billion.
To put this into perspective, total margin
The institutional era of stablecoins has arrived.
With the GENIUS Act bringing regulatory clarity, financial institutions are adopting stablecoins for payments, settlement, and liquidity.
Chainlink is the only platform that can power this next evolution of finance at scale,
Global money supply is soaring:
China’s M1 money supply is now up +4.6% YoY, to a record $16 trillion.
This marks an acceleration from the +2.3% increase in May and the +0.4% increase at the start of the year.
China’s M1 is twice as large as the US’s M1, excluding savings
BREAKING: US existing-home sales fell -2.7% MoM in June, to an annual rate of 3.93 million, the lowest in 9 months.
Existing-home sales are now near their lowest level in 15 years.
By comparison, the pre-pandemic average was ~37% higher.
This comes as high mortgage rates are
$SPX Gotta respect price action...
But looks like a clear breakout.
Bears have a window between Aug-Oct seasonality to do something.
But looking dire...
