🇺🇸 US Government:
1. Borrows over $2 trillion per year
2. Is currently shut down for the 11th time
3. Printed $4 trillion during the pandemic
4. Spurred a -25% loss in the USD in 2 years
5. Spends close to $7 trillion PER YEAR
@Fin_Watch
1. Borrows over $2 trillion per year
2. Is currently shut down for the 11th time
3. Printed $4 trillion during the pandemic
4. Spurred a -25% loss in the USD in 2 years
5. Spends close to $7 trillion PER YEAR
@Fin_Watch
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🚨🚨 Jamie Dimon, the man who has predicted a recession each of the last 5 years, says there is now a 30% chance of a correction.
@Fin_Watch
@Fin_Watch
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🇺🇸 Deutsche Bank expects the Fed to cut interest rates by 25 bps each in remaining two meetings this year.
@Fin_Watch
@Fin_Watch
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BREAKING: 🚨🚨 President Trump says US gas prices will fall below $2.00/gallon soon.
This implies a -36% drop from the current national average of $3.11/barrel.
@Fin_Watch
This implies a -36% drop from the current national average of $3.11/barrel.
@Fin_Watch
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🇮🇳 India’s Prime Minister Narendra Modi spoke with US President Donald Trump to review progress in trade deal negotiations, indicating continued engagement towards finalizing a pact.
@Fin_Watch
@Fin_Watch
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🚨🚨 Pakistan has reportedly carried out airstrikes in several Afghan locations, including Kabul, Paktika, Khost, and Jalalabad.
@Fin_Watch
@Fin_Watch
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BREAKING: 🚨 US Senate has passed legislation requiring Nvidia and AMD to give US companies "priority access" to their chips before China.
@Fin_Watch
@Fin_Watch
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🇨🇦 Canada's unemployment rate in September was 7.1%, compared to an estimate of 7.2%. Employment increased by 60,400 from the previous month, exceeding the estimated rise of 5,000.
@Fin_Watch
@Fin_Watch
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🇺🇸 Trump: "I was supposed to meet with Chinese President Xi in the next two weeks, but now there's no reason to meet."
@Fin_Watch
@Fin_Watch
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TODAY Global stocks fell sharply following Trump's 🇺🇸 tariff announcement regarding China.🇨🇳
@Fin_Watch
@Fin_Watch
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Forwarded from Crypto News
JUST IN: 🔥 #Kalshi, an online prediction market platform goes live and has raised and $300M in funding, reaching a $5B valuation, and aims to serve customers in more than 140 countries.
@News_Crypto
@News_Crypto
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Absolutely insane:
At 10:57 AM ET, President Trumped published a massive paragraph about China saying a "massive increase" in tariffs is coming.
By 11:00 AM ET, 3 minutes later, the S&P 500 the S&P 500 had alternate erased -$700 BILLION of market cap.
@Fin_Watch
At 10:57 AM ET, President Trumped published a massive paragraph about China saying a "massive increase" in tariffs is coming.
By 11:00 AM ET, 3 minutes later, the S&P 500 the S&P 500 had alternate erased -$700 BILLION of market cap.
@Fin_Watch
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