tldr fiat doing fiat things ... But
it started at the end of last week with the FED not dropping rates, jobs, unempr, and earnings doing poorly
then Japan tried to raise their rates by .25% for the first time and everyone has been using the yen for tomfoolery... those trades began to unwind which caused mayhem all over that we are now feeling
General sentiment is fed should have dropped rates by a lot and that they're late again
hodlcuban
npub17n…p4u85
2024-08-05 13:31:55
in reply to nevent1q…j4zg
Author Public Key
npub17nvfw7g53nxjghyd2zg552z06cke0jc0k69hj7ns7f9pw26j9kusap4u85Published at
2024-08-05 13:31:55Event JSON
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"content": "tldr fiat doing fiat things ... But\n\nit started at the end of last week with the FED not dropping rates, jobs, unempr, and earnings doing poorly\n\nthen Japan tried to raise their rates by .25% for the first time and everyone has been using the yen for tomfoolery... those trades began to unwind which caused mayhem all over that we are now feeling \n\nGeneral sentiment is fed should have dropped rates by a lot and that they're late again ",
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