Bull Case
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Disclaimer: This is not financial advice. Content here is for informational purposes only, always DYOR before making decisions.
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Markets are buying the news so far. SPX futures up 1,66% [send everything]
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According to Goldman, Trump has other tools to enforce tariffs despite US court ruling [TACO, BTFD]
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Bessent: US-China trade talks a bit stalled, may require Trump-Xi to weigh in [even the Chinese are ordering TACOs for lunch]
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The next leg up of this market will not be BTC led: Ethereum compressing under resistance. The longer it coils, the bigger the breakout. BTFD!
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BlackRock's onchain money market fund BUIDL reaches $2.92bn in AUM
BofA Hartnett: Markets whispering big breakout or breakdown for risk assets coming soon; best "tells" will be XBD index ($900), IXG ($105), Bitcoin ($110k)...double tops in risk leaders = very bearish, clean upside breaks = very bullish. [BTFD]
BofA: Crypto biggest weekly inflow since Jan 2025 ($2.6bn)
🚨US spot Bitcoin ETFs saw a $359M outflow on May 29, while ETH ETFs saw $91.93M in inflows, extending their 9-day streak. [Eth about to rip]
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🚨Trump: China has totally violated its agreement with us [ignore this clown, BTFD]
*Greer: China behavior 'completely unacceptable'
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US stocks in free fall [BTFD]
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Stripe in early talks with banks to integrate stablecoins for global payments. -source
🚨Markets now price 68.7% chance of September rate cut after today's inflation data! April PCE Price Index rose just 0.1%, dropping annual rate to 2.1%, near Fed's 2% target. Core PCE also eased to 2.5%.
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🚨US plans wider China tech sanctions with subsidiary crackdown
*The rule would cover subsidiaries of Chinese firms under US curbs [TACO, BTFD]
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Dimon: China is a potential adversary, but what I really worry about is us. Can we get our own act together, our own values and capabilities. This time is different… we have to get our act together and quickly. [Ignore macro FUD, BTFD]
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Dimon: We're going to see a crack in the bond market [maybe he is high on crack, just ignore Dimon's FUD and BTFD]
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At 6.2%, stocks are on track for their best May since 1990.
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Barclay's: the pain trade remains to the upside.
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Gold down 0.7% on the day [the fake trade war has lost its grip on markets, nobody cares]
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US Treasury yields down [Panicans BTFO]
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June has been down only once in the past decade [higher we go]
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🚨Total stablecoin market cap: $247.48bn [new ATH, +$7bn in May]
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