BINANCE US SAYS WILL DE-LIST TRON TOKEN FROM ITS TRADING PLATFORM

U.S. CPI Inflation drops to 5% YOY and rises 0.1% in March, Slower Than Forecasts for 0.2%

Shelter is the biggest YoY component and it has only one way to go forward as it is a lagged measure

FOMC expects recession markets have been predicting all along. "...the staff's projection at the time of the March meeting included a mild recession starting later this year."

https://twitter.com/sinz_bitguide/status/1646238728858238977

PPI flashing a strong disinflation signal

Most of S&P’s return YTD has come from the top 20

https://twitter.com/sinz_bitguide/status/1648737905567727626

Bed Bath & Beyond files for bankruptcy & begins liquidation

Cheap money no more!

Real Quarterly GDP: +1.1% at annual rates, adjusted for inflation

GDP on a downward trajectory. Poised for contraction in Q2 and onward.

BREAKING: US PCE data is out!

Headline MoM PCE at only 0.1 % pointing to an annual rate of <2% if this continues

Headline YoY 4.2% vs 4.1% expectation

ISM Manu PMI continues to be in the contraction zone.

New orders pointing to further coming contractions.

Yet a jump in prices from contraction to almost stable has spooked the stocks and bond market.

Reminder

JUST IN: 🇺🇸 Democratic congresswoman Lois Frankel sold First Republic $FRC stock and bought JPMorgan just before bank sale, CNN reports.

@WatcherGuru

📣 Announcement 📣

Hey everybody! We have created a Substack newsletter to share longer-form Bitcoin articles and analyses. Feel free to sign up. It is free.

📚 Bitguide articles will cover Bitcoin, economics, money and financial markets with a fact-based research approach.

💡Tune in for our upcoming post which is an extensive analysis of innoscriptions and how they have impacted the bitcoin ecosystem (breakdown of trends, blockspace usage, Mempool congestion, fees generated, etc.)

https://bitguide.substack.com

Website | Twitter | Substack