Moonbags Markets

🇺🇸 #macro USA: - Existing Home Sales (Aug): -2.5% (prev: +1.5%); - index of economic leading indicators (Aug): -0.2% (prev: -0.6%)

🐦 shared by DC: tweet from DegenerateNews

⚠️ Banana Gun Sniper Bot wallets apparently getting drained. Better move funds out for now!! @antirug_calls

Some untold effects for Fed cutting rates - Benefits non-US markets disproportionately, especially non G7 - Yen carry trade becomes more strained. Will see higher volatility in Japan. - People begin refinancing mortgages taken in the past few years, leading to more capital creation - Weaker USD = higher earnings for US companies. May somewhat offset the downturn in business cycle.

Woke up and everything green

📱👀 #SOL Solana announced a new crypto phone 'Seeker'. cointelegraph.com

They trained them into shorting every rip

Heavily shorted VC alts dishing out the pain to bears

BOE and BOJ tomorrow

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Everyone in all the group chats acting like they got margin called/liquidated today What happened?

🇺🇸 SUMMARY OF FED DECISION (9/18/24): 1. Fed cuts interest rates by 50 bps for first time since 2020 2. Fed sees 2 more 25 basis point rate cuts in 2024 3. One Fed governor dissented for the first time since 2005 in favor of a 25 bps rate cut 4. Fed gained "greater confidence" that inflation is moving to 2% 5. Fed will "carefully asses incoming data" and evolve outlook 6. Fed sees 100 bps of rate cuts in 2025 and 50 bps of cuts in 2026 @Fin_Watch

BREAKING: 🇺🇸 Federal Reserve cuts interest rates by 50bps for the first time in 4 years. @WatcherGuru

Big week

LEBANON'S HEZBOLLAH: IT ATTACKED ISRAELI MILITARY POSTS IN THE FIRST CROSS-BORDER ATTACK SINCE THE PAGER BLASTS. ...

⚡️ 65% odds for 50 bps cut; 35% odds for 25 bps cut headed into today's Fed meeting. @Fin_Watch

Tether's second quarter 2024 audit showed that its reserves amounted to $118.4 billion, exceeding liabilities by $5.3 billion, of which more than $97.6 billion were U.S. Treasuries. This makes Tether the 18th largest holder of U.S. Treasuries in the world, surpassing countries such as Germany, the UAE and Australia. Tether has worked with 180 institutions in 45 jurisdictions around the world, freezing approximately 1,850 wallets involved in the case and assisting in the recovery of more than $113 million in assets. — link