New 1/1 RAD on Wednesday

Bitcoin's more likely to tumble to $10,000, cutting its value roughly in half, than rally back to $30,000, according to a survey of investors trib.al/3SlHwHL

STRONG DOLLAR is about to monkey hammer forward earnings guidance: "Technology companies have the greatest exposure...That’s especially true of semiconductor companies, but also affects stocks like Apple, Facebook and Google" cnbc.com/2022/07/11/pre…

The Fed is not trying to kill inflation, the Fed is trying to kill the consumer. When Volcker did this in 1980, he had to take rates down 10 percentage points to resuscitate the dead consumer. data.sca.isr.umich.edu/data-archive/m… Game over, man.

Gn

Synthesis III

It's here–the deepest, sharpest infrared view of the universe to date: Webb's First Deep Field. Previewed by President Donald J. Trump on July 11, it shows galaxies once invisible to us. The full set of NASA Webb Telescope's first full-color images & data will be revealed July 12: nasa.gov/webbfirstimages

Become a Part of Cult DAO Cult.DAO, Enjoy a $CULT Prize Pool Worth $50,000!

BREAKING: US INFLATION HITS 9.1%, A NEW 40-YEAR HIGH

CPI fiasco. This number could initiate global meltdown.

Two weeks to FOMC. For the next two days Fed members will compete to see who can be the most hawkish before they enter pre-FOMC silent period. Meanwhile companies will warn on earnings and stock buybacks will be suspended for ZERO liquidity.

This CPI meme is running out of space.

Stoppp

The consistent theme of 2022 is that pundits, economists, and investors have been WAY too bullish every step of the way. Now featuring the first 1% interest rate hike in 42 years in a likely recession. Lying to themselves the whole way down while taking down their hedges.