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What happened?

Yesterday, $MSFT all but guaranteed an $ATVI takeover. Today, the UK rejected the takeover bid.

CPI YoY in ine with expectations 5.0% act vs 5.1% surv and the market rallies. The fed is still going to hike and there will be no cuts. Irrational market at best.

CPI in 10mins. Expect neautral or slightly higher than expectation which will rattle the markets. If inflation remains or ticks up it means all chances of a cut this year are gone and a big risk off resumes. #fomc #cpi $btc $eth $spy

Labor tightened and participation grew. The market is still pricing 80bps cut by end of the year. When reality hits that banks are still fighting the Fed we are going to see a move down. #nfp #fomc $btc $eth

CPI In-line with Suv 6%; Last 6.4%
CPI core above 0.5% vs 0.4%; last 0.4%
Everyone rallying, but inflation isn't slowing. It will all come to a head in a few months. The dovishness is off the back of bad bankers but the #Fed will have to do more to slow down #inflation
#CPI $BTC

CPI in ten; likely 5.9 or lower with the sell of in oil the last month. Housing prices are slowly retreating too. DXY will weaken off the news and risk on will be the move
#BTC #ETH #FOMC #CPI

'$HSBA bought the UK arm of Silicon Valley Bank ($SVB) for a symbolic 1£ on Monday' What a world we live in. reuters.com/markets/deals/…

They will try to force the fed, but they will not succeed. Terminal will reach 6% <

“British Banks in Talks Over Rescue Plan for SVB UK’s Depositors”
And just like that all the governments conform to the elite. #boe #FDIC Federal Reserve Bank of England $svb

“The Federal Reserve is considering easing the terms of banks’ access to its discount window, giving firms a way to turn assets that have lost value into cash without the kind of losses that toppled SVB Financial Group.”
-BBNews

Absolute joke of a move.

When you’re rich, you don’t have to worry about your assets. You’ll always have big government to rescue you.

Bidding for SVB underway, final bids due today. Almost seems hostile. #FDIC $svb $usdc

*Fed mull fund to backstop deposits
*Lines forming at other Cali banks
*Yi retained as Chinas central bank governor.
*USDC almost fully rebounds

What a spicy weekend

LIL PUDGY GIVEAWAY!

LFG, time to get someone new in the pudgy ecosystem.

Too much doom on my TL so lets make someones day.

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Winner picked tomorrow

(This is not sponsored or anything its from my collection)

We going up or down?

Interesting times indeed. I don't see it failing but the pressure test will be either a testament or a very big down draft event for all of crypto $BTC $ETH

NFP and unemployment in 8mins. It’s going to get “spicy” if it comes in hot. I expect it to be elevated but with Powells tone not enough to warrant deviation from the 25bps hikes. Market will continue its turmoil into the weekend Federal Reserve #Fed #NFP #btc #ETH #StockMarket