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2024 is a year with an extremely busy election agenda. Don't believe in all what they say..
Source image: Asif Majid
The US is adding almost $100B of deficit PER WEEK
Source: Geiger Capital
🚨WORLD'S LARGEST BANK, ICBC, CALLS ETHEREUM "DIGITAL OIL"
ICBC: “Ethereum has been continuously upgrading its technology in terms of security, scalability and sustainability, providing technical power for the digital future. In addition, the introduction and development of stablecoins provide a bridge for the digital currency market to connect to the real world.” ICBC described Ethereum as the “digital oil.” Being Turing-complete and having its own programming language, Solidity, allows developers to deploy complex smart contracts and dApps. This has made Ethereum the mainstay in inventive new fields such as NFTs and DeFi “and is gradually extending to the physical infrastructure network.” Source: Crypto News Flash thru Mario Nawfal
M2 is now positive in the US (with rates at 5.5%). Are rate cuts, QE and YCC just a matter of time?
Source: www.zerohedge.com, Bloomberg
Inflation forecasters see the core US CPI posting roughly a similar increase in May as in April.
An increase of 0.28% in the core CPI would lower the y/y rate to 3.5% Source: Nick Timiraos, Wall Street Journal
Semler Scientific ($SMLR) is up over 75% in the last month thanks to adopting a Bitcoin strategy.
Source: Walker⚡️@WalkerAmerica
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