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Degens Deteriorating
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Denmark has scrapped its 25 percent tax on books, framing the move as a remedy for the country’s deepening “reading crisis.”

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U.S. inflation climbs back above the Fed’s 2% target.

Time to worry?

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What is the first word you see?

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JUST IN - FBI went to John Bolton's office amid raid at his home

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BREAKING:

MORGAN STANLEY SAYS CPI AND JOBS DATA WILL GUIDE FED, NOT JACKSON HOLE.

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BREAKING:

PHILIPPINES INTRODUCES BILL TO CREATE A NATIONAL BITCOIN RESERVE.

THIS IS MASSIVE !!!

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REMINDER:

Fed Chair Jerome Powell speaks in 60 minutes.

EXPECT BIG VOLATILITY!

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Americans are spending less on dining out:

Retail sales at food services and drinking places have been flat over the last 3 months, the weakest growth since February 2025.

This is also the 3rd-lowest reading in 2.5 years.

Concerningly, the slowdown is taking place during the summer season rather than in February or March, as in previous years.

Households are seeing less disposable income and a weakening job market which are shifting purchases toward essentials and away from discretionary items.

US consumers are still struggling due to inflation.

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Days Bitcoin has spent in price ranges:

$1 - $10: 412 days

$10 - $100: 352 days

$100 - $1,000: 1356 days

$1,000 - $10,000: 1115 days

$10,000 - $100,000: 1882 days

$100,000 - $1,000,000: 135 days

$1,000,000 - $10,000,000: 0 days

$10,000,000 - $100,000,000: 0 days

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Bitcoin is entering the Bear trap

If FED mentions rate cuts today,

The markets will explode hard

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