Summary of Fed Chair Powell’s Remarks (12/10/25):

1. Downside risks to employment have increased.
2. U.S. inflation “remains somewhat elevated.”
3. Interest rates are now considered within a “plausible range of neutral.”
4. The GDP growth forecast for 2026 has been revised upward.
5. Inflation readings are higher, with goods inflation having “picked up.”
6. Three Federal Reserve members dissented from today’s decision.

The divisions within the Fed are widening.

🛫@MarketMatrixAI

BREAKING: The S&P 500 has climbed above 6,900 for the first time since October 29.

The index is now positioned for a potential record high close as the Federal Reserve lowers rates amid stagflation.

Congratulations to asset holders.

🛫@MarketMatrixAI

BREAKING: President Trump has formally introduced the “Trump Gold Card” and “Trump Platinum Card,” which provide the following:

1. Trump Gold Card: “For a processing fee and, following DHS vetting, a $1 million contribution, obtain U.S. residency in record time with the Trump Gold Card.”

2. Trump Platinum Card: “For a processing fee and, following DHS vetting, a $5 million contribution, gain the ability to spend up to 270 days in the United States without being subject to U.S. taxes on non-U.S. income.”

Trump described this initiative as a way to “unlock life in America.”

🛫@MarketMatrixAI

BREAKING: Jupiter, among the world’s largest onchain platforms, has appointed KKR’s Head of Digital Asset Strategy.

The move follows the platform surpassing $1 trillion in annualized volume as it works to bring onchain finance into the mainstream.

Wall Street is moving onchain.

🛫@MarketMatrixAI

Elon Musk is on the verge of making history:

If SpaceX goes public at a $1.5 trillion valuation, his stake alone would be valued at $625 billion.

This would raise his total net worth to an unprecedented $952 billion.

According to Polymarket, there is currently a 67% probability that SpaceX’s IPO market capitalization will exceed $1 trillion.

Elon Musk may soon become the first trillionaire in history.

Innovation pays.

🛫@MarketMatrixAI

The number of retirement account millionaires is climbing rapidly:

The count of 401(k) accounts with balances of $1 million or more increased +10% quarter-over-quarter, reaching a record 654,000 in Q3 2025, according to Fidelity.

IRA accounts with at least $1 million rose +12%, hitting a record 559,000.

Since Q1 2020, the number of 401(k) millionaire accounts has more than quadrupled.

At the same time, average 401(k) balances grew +9% year-over-year to an all-time high of $144,400, while average IRA balances advanced +7% YoY to a record $137,900.

The average 401(k) contribution rate, including both employer and employee inputs, remained steady at 14.2%.

Own assets—or be left behind.

🛫@MarketMatrixAI

BREAKING: Bitcoin has dropped below $90,000, sliding more than -5% as leveraged long liquidations pick up again.

In the past 4 hours alone, $250 million in leveraged long positions have been liquidated.

🛫@MarketMatrixAI

The Oracle situation:

Oracle ($ORCL) is down more than -11% after hours following its earnings release, which has dragged the broader AI trade lower.

Futures are currently off -1%. But is this reaction justified?

To start, Oracle raised CapEx guidance by $15 billion for 2026.
Throughout the year, investors have consistently rewarded companies for increasing CapEx, so what changed this time?

The primary concern now centers on Oracle’s debt profile. Investors are questioning how this expanded CapEx will be financed.

The key point, however, is that Oracle is borrowing because demand is surging, and taking on debt is less costly than missing the AI revolution.

This mirrors the exact strategy Microsoft and Amazon pursued between 2012 and 2017.

Moreover, Oracle’s debt burden remains manageable, with leverage multiples still below many of its peers.

In our view, this reflects another swing of sentiment back toward the narrative that “AI is a bubble,” following a strong rally and a dovish Fed meeting.

The after-hours decline in tech stocks appears to be an overreaction.

We continue to expect asset owners to come out ahead.

🛫@MarketMatrixAI

BREAKING: China’s official gold reserves increased by 30,000 troy ounces in November, reaching a record 2,305 tonnes.

This marks the 13th consecutive month of purchases.

With this rise, China’s gold holdings have climbed to a record $311 billion, accounting for 9.3% of the nation’s total official foreign exchange reserves.

Since 2020, China’s gold reserves have TRIPLED, fueled by consistent acquisitions and sharply higher gold prices.

Gold continues to remain exceptionally strong.

🛫@MarketMatrixAI

BREAKING: Oracle ($ORCL) shares drop 14%, wiping out $105 billion in market capitalization.

The decline puts the stock on pace for its steepest single-day loss since 2001.

🛫@MarketMatrixAI

Crypto ETFs are recovering last month’s losses:

- Crypto funds recorded $716 million in inflows last week, marking the second-largest inflow in six weeks.
- Over the past two weeks, total inflows reached $1.8 billion.
- As a result, total AUM rose 7.9% from the November lows, climbing to $180 billion, though still well below the all-time high of $264 billion.
- By asset: Bitcoin ETFs drew $352 million, XRP attracted $245 million, and Chainlink posted a record $52.8 million in inflows, equal to 54% of its total AUM.
- In contrast, short-Bitcoin ETPs saw $18.7 million in outflows, the largest since March.

Overall, sentiment in crypto markets is showing improvement.

🛫@MarketMatrixAI

BREAKING: Silver has climbed to a record $64 per ounce, marking a +121% gain in 2025.

Gold futures have also moved back above $4,300 as rate cuts continue amid stagflation.

🛫@MarketMatrixAI

BREAKING: The U.S. Treasury’s budget deficit fell -52.8% year-over-year in November, reaching $173.3 billion—the lowest November figure since 2020.

Excluding the pandemic years, this marks the lowest November reading since 2017.

Government revenue climbed +17.8% YoY to $740.4 billion, setting a record high for the first two months of any fiscal year.

Meanwhile, government spending declined -4.4% YoY to $1.19 trillion, the second-largest November expenditure total on record.

Despite these shifts, the deficit for the first two months of FY2026 has risen to $457.6 billion, the second-highest in history.

Deficit spending continues at full pace.

🛫@MarketMatrixAI

BREAKING: Lululemon stock, $LULU, surges over +12% after the company’s CEO says he is resigning.

🛫@MarketMatrixAI

BREAKING: U.S. rent prices fell -0.2% month-over-month in November, dropping to $1,706—the largest November decline in at least 15 years.

This marks the 5th straight month of flat or negative rent changes.

Annual rent growth eased to +0.7%, down from +1.5% in Q1 2025.

All U.S. regions recorded a 4th consecutive monthly decline, led by the West at -0.4% MoM.

The South followed with -0.2%, while the Northeast slipped -0.1%.

The U.S. rental market continues to slow.

🛫@MarketMatrixAI

BREAKING: The S&P 500 has officially recorded its highest closing level in history, now up +42% from the April 2025 low.

🛫@MarketMatrixAI

SpaceX is poised to deliver what could be the most remarkable IPO ever.

Its valuation is projected at three times that of OpenAI.

2026 is shaping up to be a landmark year.

🛫@MarketMatrixAI

BREAKING: President Trump is set to unveil significant corporate tax breaks.

The new tax guidance, expected as early as next week, will enable companies to fully utilize R&D tax incentives.

Under Trump’s proposed tax bill, corporations will be permitted to claim retroactive R&D deductions valued at $67 billion.

🛫@MarketMatrixAI

BREAKING: China’s goods trade surplus surged +21% YoY, reaching a record $1.1 trillion in the first 11 months of 2025.

This already surpasses the previous full-year high of $990 billion.

Since 2019, China’s trade surplus has nearly tripled.

In November alone, the surplus climbed to $112 billion, the third-largest monthly surplus ever recorded.

Exports rose +5.9% YoY last month, far outpacing the +1.9% increase in imports.

This comes despite a -29% YoY drop in shipments to the US—the steepest decline since August—marking the eighth consecutive month of double-digit decreases.

China has more than compensated for the US decline by expanding shipments to the EU, Africa, and other emerging markets.

China is steadily increasing trade with non-US partners.

🛫@MarketMatrixAI

BREAKING: Oracle stock ($ORCL) drops more than 7% following reports that certain data centers intended for OpenAI have had their timeline pushed back from 2027 to 2028.

🛫@MarketMatrixAI