🚨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]

🚨Trump: China has totally violated its agreement with us [ignore this clown, BTFD]
*Greer: China behavior 'completely unacceptable'

US stocks in free fall [BTFD]

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%.

🚨US plans wider China tech sanctions with subsidiary crackdown
*The rule would cover subsidiaries of Chinese firms under US curbs [TACO, BTFD]

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]

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]

At 6.2%, stocks are on track for their best May since 1990.

Barclay's: the pain trade remains to the upside.

Gold down 0.7% on the day [the fake trade war has lost its grip on markets, nobody cares]

US Treasury yields down [Panicans BTFO]

June has been down only once in the past decade [higher we go]

🚨Total stablecoin market cap: $247.48bn [new ATH, +$7bn in May]

World/US: same dead cat bounce as in 2017 and 2021 [ignore macro FUD, BTFD]

Tom Lee this morning:
*S&P 500 target is $6600 and now feels more reasonable to achieve than in February
*A new bull market started on April 7th because of massive deleveraging and sentiment collapse which created a new opportunity
*Housing and auto insurance was 75% of the reason for inflation, now housing is going negative and core inflation is coming down aggressively so rate cuts feel likely

🚨If you’re scared to BTFD, do it scared, but do it regardless!

Crypto funds post $286M net inflows in week ending May 30 despite heavy selling -Coinshares

🚨Gold up nearly 2% [gold has topped, rotation into crypto underway]

EU warns it may accelerate retaliatory measures if President Donald Trump follows through on his 50% tariff threats on steel and aluminum [TACO, BTFD!]