Akim Guerreiro
Edited
๐๐ฎ๐ฅ๐ฅ๐ฌ, ๐†๐š๐ญ๐ก๐ž๐ซ ๐€๐ซ๐จ๐ฎ๐ง๐ ๐Œ๐ž! What an important week with the first complete data set post-tariff in relation to US inflation and labor market, as well as likely trade deals announced. ๐Ÿ‡บ๐Ÿ‡ธ I continue to firmly believe the setup is bullish. Inflation could spike a bit, but it will be much less than feared, if at all. Data of this week, together with the ones that will be released in July and August will allow the Fed to see everything clearly. The Fed is meeting next week and then only in September. Next week is to soon for the Fed to decide for a cut, but we will have it in September I believe. Trump also continues pressuring Powell, though I donโ€™t believe Powell cares about anything else than the data and what his committee says. They will cut interest rates, just like everywhere else in the world. And we know what happens when the Fed starts easing. In the meantime, money supply continues to rise as the Fed has anyway (discretely and quietly) resumed QE by expanding its balance sheet, injecting new liquidity to purchase US treasuries. More money in the system means asset prices go up. Bullish! ๐Ÿ’š Etcaetera news.bitcoin.com/trump-prepares-to-oust-fed-boss-powell-says-new-chair-decision-very-soon/ $NSDQ100 (NASDAQ100 Index (Non Expiry)) $SPX500 (SPX500 Index (Non Expiry)) $BTC (Bitcoin) $ETH (Ethereum) $GOLD (Gold (Non Expiry))
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