Solid Intel 🛰

INTEL: Powell remarks -Effects of rate cuts so far only beginning to be coming in -AI spending continues -Policy decisions right now are a close call -I could make the case for either side -One tool can't do two things at once -I don't think a rate hike is anyone's base case https://x.com/solidintel_x/status/1998842914089185742?s=20

INTEL: Powell remarks -Our two goals are a bit in tension -Everyone at table agrees inflation is too high https://x.com/solidintel_x/status/1998841939110838701?s=20

INTEL: Powell remarks -Fed well-positioned to determine extent of more moves -75bps policy rate reduction since September puts it in neutral territory -Will get a great deal of data before January meeting https://x.com/solidintel_x/status/1998841093698343291?s=20

INTEL: Powell remarks -Near term risks to inflation tilted upside -There is no risk free policy path -Rates are within range of plausible neutral estimates -Monetary policy is not on a preset course -Recent rate cuts should help stabilize labor market https://x.com/solidintel_x/status/1998839951278886985?s=20

INTEL: Powell remarks -Outlook for employment inflation has not changed much from last meeting -Purchase of shorter-term Treasury securities to support effective control of policy rates -Inflation remains somewhat elevated -Housing sector remains weak https://x.com/solidintel_x/status/1998838517774893499?s=20

INTEL: Federal Reserve remarks -Will consider the extent and timing of additional adjustments -Governor Miran dissents in favor of a half-point cut -Schmid and Goolsbee dissent in favor of no rate change -Median projection maintains 25 bps of rate cuts in 2026 https://x.com/solidintel_x/status/1998831165541941572?s=20

INTEL: FED LOWERS RATES BY 25BPS TO 3.5-3.75% https://x.com/solidintel_x/status/1998830158141120629?s=20

INTEL: $SEI is expanding to Xiaomi’s global user base through a pre-installed app, with a new payment system in development to support future partnership growth https://x.com/solidintel_x/status/1998771562300793234

INTEL: Student-loan debt has reached a record $1.65 trillion https://x.com/solidintel_x/status/1998770149256540384

INTEL: American Bitcoin, backed by Eric Trump and Donald Trump Jr., added 416 $BTC, raising its total holdings to 4,784 $BTC ($440,996,302) https://x.com/solidintel_x/status/1998726013082386659

INTEL: BlackRock moved 2,100 $BTC ($193.9M) to Coinbase Prime https://x.com/solidintel_x/status/1998718683842011633

INTEL: Upbit says that after the November Solana hack, it will keep 99% of customer assets in cold storage https://x.com/solidintel_x/status/1998689605944590595

INTEL: The U.S. 10-year yield has risen to 4.2%, its highest level since September 4 https://x.com/solidintel_x/status/1998679292201349538

INTEL: Amazon will invest $35B in India and aims to create one million jobs by 2030 $AMZN https://x.com/solidintel_x/status/1998666527021912192

INTEL: China adds domestic AI chips to its procurement list, boosts Huawei and Cambricon, and expands subsidies cutting data-center energy costs by up to 50% The move aims to cut reliance on U.S. tech despite $NVDA's export approval https://x.com/solidintel_x/status/1998563327736426651

INTEL: Zelenskiy says Ukraine and Europe are ready to present their peace plan to the U.S https://x.com/solidintel_x/status/1998408395926503689?s=20

INTEL: 🇺🇸 United States JOLTS Job Openings (Oct) $USD Actual: 7.670M https://x.com/solidintel_x/status/1998407647511642225?s=20

INTEL: Hassett says there’s more fiscal room for stimulus, expects a reconciliation bill next year, and notes housing is among the priorities people want included https://x.com/solidintel_x/status/1998407009402536129

INTEL: Hassett says interest-rate decisions would be based on his judgment, which Trump trusts, and confirms there is room for more cuts https://x.com/solidintel_x/status/1998402835847798888

INTEL: Circle is launching a new stablecoin on the Aleo blockchain, designed to provide banking-level privacy https://x.com/solidintel_x/status/1998386120569077911