IBIT Zero Date Option Covered Call ETF launching today.. $BITK
Source: Eric Balchunas, Bloomberg
Are you waiting for a Bear Market to invest?
This is a great idea in theory, but historically only 20% of future Bear Markets brought prices below prevailing levels. Source: Charlie Bilello
Tether is looking to raise between $15 billion and $20 billion in private funding, aiming to lock in a valuation near $500 billion, according to Bloomberg.
If Tether raised money at a $500 Billion valuation its chairman Giancarlo Devasini would be worth almost $224 billion. That would make Devasini the 5th richest person in the world in front of people like Warren Buffett, Larry Page, Sergey Brin, and Jensen Huang Source: Evan
Politico is reporting that the White House has instructed federal agencies to prepare MASS FIRING plans in the event of a government shutdown.
A government shutdown by the end of the month is a true possibility. Source: Wall Street Mav
When the S&P 500 is up on the year it is up 19.0% on average.
This always surprises investors, but large gains and perfectly normal. Source: Ryan Detrik
Another month, another all-time record for ETF (aka tokens with benefits) launches w/ 74.
Total launches this year are now 55% ahead of last year’s record pace and likely headed towards 1,000 or 4/day. Head spinning. Chart via @SirYappityyapp Source: Eric Balchunas, Bloomberg
Maybe not a bad idea...
From Bloomberg
The Swiss National Bank is pursuing a steady monetary policy and leaving its key interest rate at 0%, which is reasonable given the current economic and political situation.
The Swiss economy is performing relatively well despite the US tariff shock, core inflation remains within a healthy range, and the ECB is also keeping key interest rates constant for the time being and is likely to continue to do so, meaning that the Swiss franc has hardly changed against the euro since the end of June. The hashtag#SNB mentions the great uncertainty surrounding the Swiss export sector, which is also the biggest question mark in our economic outlook for Switzerland at present. Should a significant deterioration manifest itself here, the SNB could come under greater pressure to lower interest rates below zero after all. The SNB's inflation forecasts also remain stable compared with the June forecast and are even rising slightly in the second quarter of 2028, which was forecast for the first time. Today's decision is therefore understandable across the board and should come as no surprise to the stock markets.
