๐ This week's global market summary:
๐ฏ๐ต A magnitude 7.6 earthquake occurred in Japan, causing the yen to plummet to 156 in fear.
Originally, the Bank of Japan was preparing to raise interest rates but changed its policy on the ground:
"First, we must respond to the disaster; everyone, stay calm" ๐๏ธ๐ธ
๐บ๐ธ The US Federal Reserve is hinting at a 25bp rate cut in the last slide of the PPT, but Powell is desperately rewriting his speech behind the scenes:
Dovish version: Ready to print โ
Hawkish version: Sharp-tongued version ๐ฅ Ready with PPT animation
The market is like waiting for a response from an ex ๐ฑ๐: I know a reply is coming, but I'm scared of being told, "Well, let's wait and see."
๐ This week's schedule (brutally concise):
Monday: US stocks drop, pretending to be calm ๐
Wednesday: Powell appears, and the world goes, "Huh? What does that mean?" ๐ณ
Friday: Celebrate or fume ๐คฏ
Next week: The Bank of Japan is likely to say "Next time for sure," and the yen will continue to cry ๐ญ
๐ฅ One-word conclusion:
A rate cut is almost certain. But if Powell repeats "data-dependent" three times, Wall Street will have no choice but to depend on alcohol ๐ท๐ฅ
๐น Cryptocurrency highlights:
Elon Musk related: little 'puppies' ๐ถ, 'pโuโpโpโiโeโs'
Meme coins that jumped on the topic of Musk on Ethereum (you get it, right?)
Low gas environment = perfect ambush target โก๐
