*NVIDIA SHEDS $1 TRILLION IN MARKET VALUE FROM RECORD HIGH
*TESLA SHARES ERASE ELECTION RALLY, DOWN 48% FROM RECORD HIGH
*TESLA SHARES ERASE ELECTION RALLY, DOWN 48% FROM RECORD HIGH
π38β€16π€·13π11
TRUMP ON CANADA TARIFFS: MAY DO TODAY, OR ON MONDAY OR TUESDAY
π83π26π20β€5π€¨4π₯3π2πΏ2π1
*POWELL: FED DOESN'T NEED TO HURRY, CAN WAIT FOR GREATER CLARITY
*POWELL: UNCERTAINTY AROUND TRUMP ADMINISTRATION POLICIES AND THEIR ECONOMIC EFFECTS REMAINS HIGH
*POWELL: US ECONOMY IS STILL IN GOOD PLACE DESPITE UNCERTAINTY
*POWELL: SOME NEAR-TERM SURVEY AND MARKET MEASURES OF INFLATION EXPECTATIONS HAVE MOVED UP, DRIVEN BY TARIFFS
*POWELL: EXPECT PATH TO 2% INFLATION WILL CONTINUE TO BE BUMPY
*POWELL: ZERO LOWER BOUND IS PROBABLY NOT THE BASE CASE ANYMORE
*POWELL: IF THIS TURNS INTO A SERIES OF ACTIONS, OR IF TARIFFS ARE LARGER, OR EXPECTATIONS START TO MOVE, THAT WOULD INFLUENCE HOW THE FED REACTS
*POWELL: RECENT DATA SHOW POSSIBLE SLOWDOWN IN CONSUMER SPENDING
*POWELL: UNCERTAINTY AROUND TRUMP ADMINISTRATION POLICIES AND THEIR ECONOMIC EFFECTS REMAINS HIGH
*POWELL: US ECONOMY IS STILL IN GOOD PLACE DESPITE UNCERTAINTY
*POWELL: SOME NEAR-TERM SURVEY AND MARKET MEASURES OF INFLATION EXPECTATIONS HAVE MOVED UP, DRIVEN BY TARIFFS
*POWELL: EXPECT PATH TO 2% INFLATION WILL CONTINUE TO BE BUMPY
*POWELL: ZERO LOWER BOUND IS PROBABLY NOT THE BASE CASE ANYMORE
*POWELL: IF THIS TURNS INTO A SERIES OF ACTIONS, OR IF TARIFFS ARE LARGER, OR EXPECTATIONS START TO MOVE, THAT WOULD INFLUENCE HOW THE FED REACTS
*POWELL: RECENT DATA SHOW POSSIBLE SLOWDOWN IN CONSUMER SPENDING
π49π14π11β€8π₯4πΏ3π2
*Trump Says He Hopes to See Stablecoin Legislation Before August Recess
TRUMP REMARKS ENDED
TRUMP REMARKS ENDED
π‘53π32π16β9π8π6π₯4π3β€1
infinityhedge
The Week Ahead | @infinityhedge Tue/4: *Trump's address to the joint session of Congress *US Proposed tariffs on China (additional 10%), Canada, Mexico to go into effect; Mexico aims to close a tariff deal by Tue., Bessent urged Canada to Match Mexicoβsβ¦
The Week Ahead | @infinityhedge
Mon/10: Chinese tariffs of up to 15% on US agricultural goods take effect
Tue/11:
*US JOLTS Job Openings
*CFTC Commissioner Pham Speaks
*SEC Commissioner Peirce Speaks
*Sen. Lummis to discuss US Bitcoin reserve bill with industry leaders
Wed/12:
*US CPI
*US deadline to impose 25% steel, aluminium tariffs on EU, EU is expected to respond
*Solanaβs SIMD-0228 Proposal Voting ends/ epoch 755
Thu/13: US PPI, Unemployment Claims
Fri/14: Deadline for US lawmakers to strike a spending deal that avoids a federal government shutdown
Post will be refreshed w/ new info and Graphics/Articles are in the groupβ¬
Mon/10: Chinese tariffs of up to 15% on US agricultural goods take effect
Tue/11:
*US JOLTS Job Openings
*CFTC Commissioner Pham Speaks
*SEC Commissioner Peirce Speaks
*Sen. Lummis to discuss US Bitcoin reserve bill with industry leaders
Wed/12:
*US CPI
*US deadline to impose 25% steel, aluminium tariffs on EU, EU is expected to respond
*Solanaβs SIMD-0228 Proposal Voting ends/ epoch 755
Thu/13: US PPI, Unemployment Claims
Fri/14: Deadline for US lawmakers to strike a spending deal that avoids a federal government shutdown
Post will be refreshed w/ new info and Graphics/Articles are in the groupβ¬
β€33π8π4π2π₯2
MICROSTRATEGY FILES TO OFFER UP TO $21 BILLION IN PREFERRED STOCK
Offering Details:
Security: 8% Series A Perpetual Strike Preferred Stock (STRK).
Total Offering: Up to $21 billion
Structure: "At-the-market" offering through agents including TD Securities, Barclays, and others.
Use of Proceeds: Acquire Bitcoin and general corporate purposes.
Offering Details:
Security: 8% Series A Perpetual Strike Preferred Stock (STRK).
Total Offering: Up to $21 billion
Structure: "At-the-market" offering through agents including TD Securities, Barclays, and others.
Use of Proceeds: Acquire Bitcoin and general corporate purposes.
π₯49πΏ9β4π1
MUSK SAYS X UNDER 'MASSIVE CYBERATTACK'
MUSK: THERE WAS A MASSIVE CYBER ATTACK TO TRY TO BRING DOWN X, IP ADDRESSES IN UKRAINE AREA WERE INVOLVED
MUSK: THERE WAS A MASSIVE CYBER ATTACK TO TRY TO BRING DOWN X, IP ADDRESSES IN UKRAINE AREA WERE INVOLVED
π66π17π₯10π10β€7π΄5π4
MARKETS EXTEND FALL π
S&P 500 DOWN 3%
NASDAQ DOWN 4.3%
BTC: $78k
ETH: $1.9K
TESLA DOWN 14%
NVIDIA DOWN 5.3%
COINBASE DOWN 15%
MICROSTRATEGY DOWN 17%
VIX > 28
S&P 500 DOWN 3%
NASDAQ DOWN 4.3%
BTC: $78k
ETH: $1.9K
TESLA DOWN 14%
NVIDIA DOWN 5.3%
COINBASE DOWN 15%
MICROSTRATEGY DOWN 17%
VIX > 28
π74π19β10β€8π€―8π₯6π3β2π―2π1
*TRUMP ORDERS COMMERCE SEC TO DOUBLED TARIFF ON CANADIAN STEEL, ALUMINUM
TRUMP: THE ONLY THING THAT MAKES SENSE IS FOR CANADA TO BECOME OUR CHERISHED FIFTY FIRST STATE.
*ONTARIO PREMIER: ONTARIO, CANADA WILL NOT BACK DOWN UNTIL TRUMP'S TARIFFS ARE GONE
CANADA'S CARNEY: WOULD MAINTAIN TARIFFS ON US UNTIL AMERICANS 'SHOW US RESPECT
*UPDATE: ONTARIO'S FORD SAYS AGREES TO SUSPEND 25% ELECTRICITY SURCHARGE TEMPORARILY
*LATEST UPDATE: TRUMP ON CUTTING CANADA TARIFFS: LOOKING AT IT; LOOKING AT BACKING DOWN ON THE 50% DUTIES ON CANADA; WILL PROBABLY MAKE DIFFERENT TARIFF DECISION; I'LL LET YOU KNOW IF 50% TARIFFS ON CANADA ARE GOING INTO EFFECT
TRUMP ON MARKET: SELLOFF DOESN'T CONCERN ME; I DON'T SEE A RECESSION AT ALL; WE HAVE TO REBUILD OUR COUNTRY
*CANADA PREPARED TO RESPOND FIRMLY IF US IMPOSES STEEL, ALUMINIUM TARIFFS ON MARCH 12; UK WILL NOT IMPOSE RETALIATORY TARIFFS
TRUMP: THE ONLY THING THAT MAKES SENSE IS FOR CANADA TO BECOME OUR CHERISHED FIFTY FIRST STATE.
*ONTARIO PREMIER: ONTARIO, CANADA WILL NOT BACK DOWN UNTIL TRUMP'S TARIFFS ARE GONE
CANADA'S CARNEY: WOULD MAINTAIN TARIFFS ON US UNTIL AMERICANS 'SHOW US RESPECT
*UPDATE: ONTARIO'S FORD SAYS AGREES TO SUSPEND 25% ELECTRICITY SURCHARGE TEMPORARILY
*LATEST UPDATE: TRUMP ON CUTTING CANADA TARIFFS: LOOKING AT IT; LOOKING AT BACKING DOWN ON THE 50% DUTIES ON CANADA; WILL PROBABLY MAKE DIFFERENT TARIFF DECISION; I'LL LET YOU KNOW IF 50% TARIFFS ON CANADA ARE GOING INTO EFFECT
TRUMP ON MARKET: SELLOFF DOESN'T CONCERN ME; I DON'T SEE A RECESSION AT ALL; WE HAVE TO REBUILD OUR COUNTRY
*CANADA PREPARED TO RESPOND FIRMLY IF US IMPOSES STEEL, ALUMINIUM TARIFFS ON MARCH 12; UK WILL NOT IMPOSE RETALIATORY TARIFFS
π112π72π25π10π₯7π‘6π4π4π3π€3πΏ1
infinityhedge
UPDATE: ONTARIO'S FORD SAYS AGREES TO SUSPEND 25% ELECTRICITY SURCHARGE TEMPORARILY
NO 50% STEEL, ALUMINUM TARIFFS ON CANADA
NO EXEMPTIONS ON 25% STEEL, ALUMINUM TARIFFS, TARIFFS BEGINS AT MIDNIGHT MARCH 12 FOR CANADA AND ALL OTHER TRADING PARTNERS: WHITE HOUSE
*CANADA EXPECTED TO RESPOND; EU PLANS COUNTERMEASURES ON US GOODS EXPORTS WORTH UP TO β¬26B; UK WILL NOT IMPOSE RETALIATORY TARIFFS
NO EXEMPTIONS ON 25% STEEL, ALUMINUM TARIFFS, TARIFFS BEGINS AT MIDNIGHT MARCH 12 FOR CANADA AND ALL OTHER TRADING PARTNERS: WHITE HOUSE
*CANADA EXPECTED TO RESPOND; EU PLANS COUNTERMEASURES ON US GOODS EXPORTS WORTH UP TO β¬26B; UK WILL NOT IMPOSE RETALIATORY TARIFFS
π59π12β€5π2
infinityhedge
US JAN. CPI in 1hr 50min: Analysts Estimates: *headline: 0.3% vs 0.4% M/M prev. *headline: 2.9% vs 2.9% Y/Y *Core CPI: 0.3% vs 0.2% M/M *Core CPI: 3.1% vs 3.2% Y/Y
US FEB. CPI in 30min:
Analysts Estimates:
*headline: 0.3% vs 0.5% M/M prev.
*headline: 2.9% vs 3.0% Y/Y
*Core CPI: 0.3% vs 0.4% M/M
*Core CPI: 3.2% vs 3.3% Y/Y
*SPX IMPLIED MOVE: +/-1.5%
*Any sign that inflation isnβt cooling as fast as previously thought will ignite more turbulence
Analysts Estimates:
*headline: 0.3% vs 0.5% M/M prev.
*headline: 2.9% vs 3.0% Y/Y
*Core CPI: 0.3% vs 0.4% M/M
*Core CPI: 3.2% vs 3.3% Y/Y
*SPX IMPLIED MOVE: +/-1.5%
*Any sign that inflation isnβt cooling as fast as previously thought will ignite more turbulence
β24π14β€8π4
*US FEB. CONSUMER PRICES RISE 0.2% M/M; EST. +0.3%
FEB. CORE CPI RISES 3.1% Y/Y, EST. +3.2%
*US FEB. CORE CPI RISES 0.2% M/M, EST. +0.3%
*US FEB. CONSUMER PRICES RISE 2.8% Y/Y; EST. +2.9%
FEB. CORE CPI RISES 3.1% Y/Y, EST. +3.2%
*US FEB. CORE CPI RISES 0.2% M/M, EST. +0.3%
*US FEB. CONSUMER PRICES RISE 2.8% Y/Y; EST. +2.9%
π₯54β€5π€4β‘2π2
*BINANCE SAYS ABU DHABIβS MGX MAKES $2 BILLION INVESTMENT: BBG
π₯53β€8
TRUMP: EU has just put a nasty 50% Tariff on Whisky. If this Tariff is not removed immediately, the U.S. will shortly place a 200% Tariff on all WINES, CHAMPAGNES, & ALCOHOLIC PRODUCTS COMING OUT OF FRANCE AND OTHER E.U. REPRESENTED COUNTRIES.
π131π71πΎ33π21β€12π₯6π΄5πΏ5π€·3π€2π2
Trump Family Has Held Deal Talks With Binance Following Crypto Exchange's Guilty Plea β WSJ
Trump-Backed World Liberty Financial Could Be Part of Binance Deal, Sources Say β WSJ
Changpeng Zhao has been pushing Trump administration to grant him a pardon β WSJ
*A pardon could clear the way to combine Binance and its U.S. arm, turning them into one global company. It would also open doors in the EU.
*Steve Witkoff (top negotiator for the war in Ukraine) has been involved in the talks for a deal, Witkoff could also be a beneficiary if the deal goes through World Liberty Financial: Witkoff & his two sons are co-founders of the business, along with the Trumps. An administration official denied Witkoff's involvement and said he is in the process of divesting from his business interests. Witkoff has said he stepped away from the company after taking on his White House role.
*For the Trump family, a stake in BinanceUS would give them the opportunity to participate in the potential revival of a onetime competitor to Coinbase.
*Binance executives saw a potential legal playbook in the saga of Justin Sun who invested $30M in November in World Liberty Financial becoming its largest investor as he faced civil charges from SEC. Last month, the SEC asked a court to pause its fraud lawsuit against Sun and three of his businesses. After Sun's investment, Binance executives internally debated following the same route: a cash infusion into World Liberty Financial in exchange for a pardon for Zhao, the person familiar with the discussions said: WSJ
Trump-Backed World Liberty Financial Could Be Part of Binance Deal, Sources Say β WSJ
Changpeng Zhao has been pushing Trump administration to grant him a pardon β WSJ
*A pardon could clear the way to combine Binance and its U.S. arm, turning them into one global company. It would also open doors in the EU.
*Steve Witkoff (top negotiator for the war in Ukraine) has been involved in the talks for a deal, Witkoff could also be a beneficiary if the deal goes through World Liberty Financial: Witkoff & his two sons are co-founders of the business, along with the Trumps. An administration official denied Witkoff's involvement and said he is in the process of divesting from his business interests. Witkoff has said he stepped away from the company after taking on his White House role.
*For the Trump family, a stake in BinanceUS would give them the opportunity to participate in the potential revival of a onetime competitor to Coinbase.
*Binance executives saw a potential legal playbook in the saga of Justin Sun who invested $30M in November in World Liberty Financial becoming its largest investor as he faced civil charges from SEC. Last month, the SEC asked a court to pause its fraud lawsuit against Sun and three of his businesses. After Sun's investment, Binance executives internally debated following the same route: a cash infusion into World Liberty Financial in exchange for a pardon for Zhao, the person familiar with the discussions said: WSJ
π42π±15π9β€8π1
infinityhedge
Trump Family Has Held Deal Talks With Binance Following Crypto Exchange's Guilty Plea β WSJ Trump-Backed World Liberty Financial Could Be Part of Binance Deal, Sources Say β WSJ Changpeng Zhao has been pushing Trump administration to grant him a pardon ββ¦
Changpeng Zhao 'CZ': I have had no discussions of a Binance US deal with β¦ well, anyone.
Update: WSJ story came as a surprise to BinanceUSβ interim CEO Norman Reed and the rest of the executive team ---according to the source close to BinanceUS, CZ is trying to sell at least a portion of his majority stake in the BinanceUS: Unchained
Update: WSJ story came as a surprise to BinanceUSβ interim CEO Norman Reed and the rest of the executive team ---according to the source close to BinanceUS, CZ is trying to sell at least a portion of his majority stake in the BinanceUS: Unchained
πΏ38π23π₯10β€4β3π3π€3
GOLD HITS NEW ATH, RISES TO $3,000 FOR THE FIRST TIME
π₯78πΏ36π16β€10π3
infinityhedge
The Week Ahead | @infinityhedge Mon/10: Chinese tariffs of up to 15% on US agricultural goods take effect Tue/11: *US JOLTS Job Openings *CFTC Commissioner Pham Speaks *SEC Commissioner Peirce Speaks *Sen. Lummis to discuss US Bitcoin reserve bill withβ¦
The Week Ahead | @infinityhedge
WEEKLY ETF FLOWS: β οΈ
BTC: -$870M
ETH: -$143M
Mon/17:
*Nvidiaβs GTC AI, five-day conference, begins
Tue/18:
*BoJ Meeting (expect no rate change; economists see hike in July)
*NVIDIA CEO Jensen Huang's keynote at 10AM PT
*Crypto: Digital Asset Summit, London
*Trump will speak with Putin about Ceasefire
Wed/19:
*Fed Interest Rate Decision:(expect no rate change; market will be watching updated projections; no. of cuts in dot plot? 2 or 3?)
Thu/20:
*Nvidiaβs GTC: Quantum Computing: Where We Are, Where Weβre Headed (Jensen will be speaking) at 10AM PT
*US expected to release Travel Ban Countries list
Fri/21:
*SEC Crypto Task Force to Host Roundtable on Security Status (1PM ET)
WHOLE WEEK:
*Trump tariffs; More details on Russia-Ukraine Ceasefire
*Crypto: Starknet mainnet, hl whale
Post will be refreshed w/ new info and Graphics/Articles are in the groupβ¬
WEEKLY ETF FLOWS: β οΈ
BTC: -$870M
ETH: -$143M
Mon/17:
*Nvidiaβs GTC AI, five-day conference, begins
Tue/18:
*BoJ Meeting (expect no rate change; economists see hike in July)
*NVIDIA CEO Jensen Huang's keynote at 10AM PT
*Crypto: Digital Asset Summit, London
*Trump will speak with Putin about Ceasefire
Wed/19:
*Fed Interest Rate Decision:(expect no rate change; market will be watching updated projections; no. of cuts in dot plot? 2 or 3?)
Thu/20:
*Nvidiaβs GTC: Quantum Computing: Where We Are, Where Weβre Headed (Jensen will be speaking) at 10AM PT
*US expected to release Travel Ban Countries list
Fri/21:
*SEC Crypto Task Force to Host Roundtable on Security Status (1PM ET)
WHOLE WEEK:
*Trump tariffs; More details on Russia-Ukraine Ceasefire
*Crypto: Starknet mainnet, hl whale
Post will be refreshed w/ new info and Graphics/Articles are in the groupβ¬
π₯37π10β€9π6