📊 Current situation:

1. Japan's stock market is officially in correction territory

2. #Bitcoin and Ethereum are down 15% and 25% today

3. The Nasdaq 100 is officially in correction territory

4. The 10-Year Note Yield is down 60 basis points in 1 week

5. The unemployment rate is at a 3-year high of 4.3%

6. The volatility index, $VIX, is up over 100% in 1 month

@Fin_Watch

📊 The probability of a 50bp cut by the Federal Reserve in September soars to 91.5%.

* 1 week ago: 11.4%

@Fin_Watch

🔥🔥 According to Bloomberg, there is a 60% chance of an emergency rate cut from the Fed this week.

@Fin_Watch

⚡️ BREAKING: The volatility index, $VIX, is now trading above 65, a level only seen 2 previous times in history.

The only 2 times the $VIX has traded above 65 were the 2020 Pandemic and 2008 Financial Crisis.

@Fin_Watch

📊#UBS expects the Federal Reserve to cut interest rates by 100 basis points this year.📈

UBS Double its previous forecast of 50 basis points. The decision will be influenced by the August employment report and economic conditions.

@Fin_Watch