Crypto Market & Bitcoin - Bitcoin and the crypto market are awaiting a catalyst for broader adoption, with traditional finance already largely on board [1][8] - An anticipated rate cut is expected to be bullish for Bitcoin, potentially driving its price significantly higher [1] - The market is pricing in an approximately 85-86% probability of a rate cut [1] - Stablecoins and crypto are increasingly seen as integral to the future of finance, with potential government support and modernization of financial markets [8] AI & Economic Impact - AI is significantly impacting the economy, with massive revenue beats from major tech companies like Google, Amazon, Meta, Apple, and Microsoft, driven by cloud growth [3] - The AI buildout, including data centers and power plants, suggests a potential rise in PMIs and inflation [3] - AI adoption is entering a phase where larger companies are using it more, potentially boosting profit margins for financial, healthcare, and other service-based companies [3] - The race to AGI (Artificial General Intelligence) is intensifying, with companies investing heavily in AI talent and infrastructure [3][4] - Recursive learning, where code learns from code, is accelerating AI development, potentially leading to exponential productivity gains [4][5] - AI could automate monetary policy decisions, removing human bias and potentially leading to better outcomes [9][10] Monetary Policy & Economic Outlook - The Fed's dual mandate of watching inflation and dealing with the labor market presents a difficult dynamic, potentially leading to debasement and the need to print money [9] - The labor market shows signs of weakness, with only 46% of industries adding jobs, historically a level associated with recession [9] - The government is fast-tracking permits for energy and data center projects and providing favorable tax treatment to support AI development [4] Company Specific - MicroStrategy is seen as having an advantage in preparing for a future where AI and recursive learning disrupt traditional business models, with Bitcoin as a key asset [7][8] - Figure, a non-bank home equity lender, is entering the crypto-backed loan space, offering loans using Bitcoin as collateral [5]

Hey everyone and thanks for jumping back into the macroverse. Today we're going to talk about the recent labor market reports this week and how it is affecting markets. If you guys like the content, make sure you subscribe to the channel, give the video a thumbs up, and also check out the sale on into the cryptoverse premium at into the cryptoverse.com. If you're curious about this stuff uh more timely, we do have the ITC macro Twitter account that you can follow along with. I'll also tweet stuff out from m ...

Peter Maluca of Creative Planning is still with us. Peter, I'm not you don't need to wait into politics. Don't worry, but it's it's probably we're now politicizing the Fed. We're politicizing jobs number.>> That's not a market confidence building headline. I don't think >> I felt like I was watching like I'm being punked or or in the onion uh you know the par parody satire uh video. I can't believe what I just saw.I mean, look, I'm not a fan of some government statistics. You just have to look historically ...

U.S. employers added just 73,000 jobs in July and the May and June numbers were revised sharply lower, boosting the chances of a September rate cut. https://t.co/MUuz0ma5Cs ...

And we've got some breaking news. The July jobs report was released just moments ago and it shows that the United States added 73,000 jobs last month. That is less than the 100,000 that economists had expected.The unemployment rate saw a slight increase to 4.2%. The report also revealed job totals for June and May were revised much lower, down a combined 258,000 from the previous announced levels. That's significant.Seems like a pretty bad news report. Uh, you know, outside of healthcare and a couple other ...

% OF RATE CUT IN SEPTEMBER IS PUMPING HARD!!!IT'S HAPPENING 🚀 https://t.co/DYwT0zouQd ...

RT Matt Hougan (@Matt_Hougan)The probability of a 25bps rate cut in September just went from 37.7% to 81.9% according to the CME FedWatch tool (which is awesome btw). https://t.co/aQbLNCYz6b ...

Labor Market & Monetary Policy - The Federal Reserve (Fed) closely monitors the unemployment rate as a key statistic influencing monetary policy [1] - An unexpected rise in the unemployment rate, potentially to 4-6% or 4-7%, could prompt the Fed to consider a rate cut due to its dual mandate [1] - Unlike other central banks, the Fed's dual mandate makes it particularly sensitive to changes in the unemployment rate [1] Economic Impact of Tariffs & AI - The full impact of tariffs is yet to be realized, with final outlines of deals and sectoral tariffs still unfolding [2] - Companies are increasingly deploying AI, leading to CEOs reporting the ability to limit or reduce hiring [2]

69% chance of a September rate cut now https://t.co/Yi4X6HtfilTylerD 🧙‍♂️ (@Tyler_Did_It):September rate cut odds are rocketing up in real time after this massive jobs report revisionWas just a 37% chance of a September cut as of yesterdayUp to 55% now and climbing https://t.co/Fd9YB9kUlt ...

The entire market just sold off and this is actually very very good. I know that it sounds crazy to say but this is exactly what we actually wanted to see on Bitcoin before we get that continuation. And yes, when it comes to the market, the entire market will sell off with what Bitcoin or even Ethereum does, especially at a time where dominance is as high as it is.Now, if we take a quick step back, we're looking at this on the daily. There is some lovely discounts out there for some great projects. Obviousl ...