INTEL: PNC Bank has partnered with Coinbase to offer direct Bitcoin trading to its private-banking clients
https://x.com/solidintel_x/status/1998384866283381025?s=20

INTEL: Circle is launching a new stablecoin on the Aleo blockchain, designed to provide banking-level privacy
https://x.com/solidintel_x/status/1998386120569077911

INTEL: Hassett says interest-rate decisions would be based on his judgment, which Trump trusts, and confirms there is room for more cuts
https://x.com/solidintel_x/status/1998402835847798888

INTEL: Hassett says there’s more fiscal room for stimulus, expects a reconciliation bill next year, and notes housing is among the priorities people want included
https://x.com/solidintel_x/status/1998407009402536129

INTEL: 🇺🇸 United States JOLTS Job Openings (Oct) $USD

Actual: 7.670M
Forecast: 7.117M
Previous: 7.227M
https://x.com/solidintel_x/status/1998407647511642225?s=20

INTEL: Zelenskiy says Ukraine and Europe are ready to present their peace plan to the U.S
https://x.com/solidintel_x/status/1998408395926503689?s=20

INTEL: China adds domestic AI chips to its procurement list, boosts Huawei and Cambricon, and expands subsidies cutting data-center energy costs by up to 50%

The move aims to cut reliance on U.S. tech despite $NVDA's export approval
https://x.com/solidintel_x/status/1998563327736426651

INTEL: Amazon will invest $35B in India and aims to create one million jobs by 2030

$AMZN
https://x.com/solidintel_x/status/1998666527021912192

INTEL: The U.S. 10-year yield has risen to 4.2%, its highest level since September 4
https://x.com/solidintel_x/status/1998679292201349538

INTEL: Upbit says that after the November Solana hack, it will keep 99% of customer assets in cold storage
https://x.com/solidintel_x/status/1998689605944590595

INTEL: BlackRock moved 2,100 $BTC ($193.9M) to Coinbase Prime
https://x.com/solidintel_x/status/1998718683842011633

INTEL: American Bitcoin, backed by Eric Trump and Donald Trump Jr., added 416 $BTC, raising its total holdings to 4,784 $BTC ($440,996,302)
https://x.com/solidintel_x/status/1998726013082386659

INTEL: Student-loan debt has reached a record $1.65 trillion
https://x.com/solidintel_x/status/1998770149256540384

INTEL: $SEI is expanding to Xiaomi’s global user base through a pre-installed app, with a new payment system in development to support future partnership growth
https://x.com/solidintel_x/status/1998771562300793234

INTEL: FED LOWERS RATES BY 25BPS TO 3.5-3.75%
https://x.com/solidintel_x/status/1998830158141120629?s=20

INTEL: Federal Reserve remarks

-Will consider the extent and timing of additional adjustments

-Governor Miran dissents in favor of a half-point cut

-Schmid and Goolsbee dissent in favor of no rate change

-Median projection maintains 25 bps of rate cuts in 2026
https://x.com/solidintel_x/status/1998831165541941572?s=20

INTEL: Powell remarks

-Outlook for employment inflation has not changed much from last meeting
-Purchase of shorter-term Treasury securities to support effective control of policy rates
-Inflation remains somewhat elevated
-Housing sector remains weak

https://x.com/solidintel_x/status/1998838517774893499?s=20

INTEL: Powell remarks

-Near term risks to inflation tilted upside
-There is no risk free policy path
-Rates are within range of plausible neutral estimates
-Monetary policy is not on a preset course
-Recent rate cuts should help stabilize labor market
https://x.com/solidintel_x/status/1998839951278886985?s=20

INTEL: Powell remarks

-Fed well-positioned to determine extent of more moves
-75bps policy rate reduction since September puts it in neutral territory
-Will get a great deal of data before January meeting
https://x.com/solidintel_x/status/1998841093698343291?s=20

INTEL: Powell remarks

-Our two goals are a bit in tension
-Everyone at table agrees inflation is too high
https://x.com/solidintel_x/status/1998841939110838701?s=20

INTEL: Powell remarks

-Effects of rate cuts so far only beginning to be coming in
-AI spending continues
-Policy decisions right now are a close call
-I could make the case for either side
-One tool can't do two things at once
-I don't think a rate hike is anyone's base case
https://x.com/solidintel_x/status/1998842914089185742?s=20