Moonbags Markets

🇺🇸 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

JUST IN: Revolut to launch crypto stablecoin. @WatcherGuru

🌽🌕

Google Cloud today announced the launch of our new Blockchain RPC (Remote Procedure Call) service. Blockchain RPC is fully compatible with the Ethereum JSON-RPC standard, allowing developers to integrate it into their applications with a single line of code. — link

Listen bro.... you should clean out your charts. All the lines you drew, all the levels you respected, all the squiggly lines, all the fibs, just delete them all and thank me later.

Not according to fed funds futures which is showing 50 bps is more likely

JUST IN 🚨: Federal Reserve to cut interest rates by 25 bps according to CNBC Fed Survey @Fin_Watch

Probably leads to retaliation of some sort soon

PAGERS CARRIED BY THOUSANDS OF HEZBOLLAH OPERATIVES EXPLODED AT ABOUT THE SAME TIME TUESDAY AFTERNOON, LEAVING MORE THAN 2,700 INJURED AND EIGHT DEAD IN AN UNPRECEDENTED EVENT THAT STRUCK ACROSS LEBANON. ...

SPX at ATH and they're cutting rates tomorrow

Follow my X/Twitter account for all your shit posting needs https://x.com/lordmoonbags?

Approaching

https://x.com/_PeterRyan/status/1833608704081727809?t=H5LnXEJmH-CuDC9mcucNfA&s=19 Long thread on Trump's overall crypto policy

US RETAIL SALES ADVANCE (M/M) AUG: 0.1% (EST -0.2%; PREV 1.0%) - RETAIL SALES EX AUTO (M/M) AUG: 0.1% (EST 0.2%; PREV 0.4%) - RETAIL SALES EX AUTO AND GAS AUG: 0.2% (EST 0.3%; PREV 0.4%) - RETAIL SALES CONTROL GROUP AUG: 0.3% (EST 0.3%; PREV 0.3%) ...