Meanwhile, Dow's up about 40. We're getting Chicago PMI for that. We'll turn to Rick Santelli.Happy Friday, Rick. Happy Friday. Happy Halloween.And yes, we are getting some of the PMIs. We get confidence numbers. They don't go through the government.Chicago's October read on PMI comes in better than expected. 43.8%. We're expecting a number closer to 42 and a half.There's good and there's bad. This is the best since well, July of this year, but that's still an improvement. sequentially higher than our final ...

Economic Outlook - Thailand's central bank warned of a deeper-than-expected economic downturn due to tariff impacts [1] - The Thai economy likely experienced its first quarterly contraction since the end of 2022 [1]

Expansion. Peak. Contraction. Trough.The economy moves in cycles—and investors who recognize the signs can adapt before the next shift.Learn more: https://t.co/W3sjN1XH9F https://t.co/E2cNipLjDg ...

Market Analysis and Bitcoin Cycle - Bitcoin continues to trade within a range, with the lower end of the support range presenting buying opportunities [1] - The traditional four-year Bitcoin cycle, driven by the halving, may now be a five-year cycle, potentially peaking in Q2 2026 [2] - The Bitcoin cycle is correlated with the ISM (Institute for Supply Management) business cycle, a key indicator of US economic activity [3][4][5] - The current elongated business cycle, unlike previous cycles, is attributed to the extension of debt maturity from four to five years in 2021-2022 [8][9] - The average weighted maturity of the debt is 5.4 years, suggesting the ISM should peak by 2026 [10] - Despite the ISM remaining below 50, indicating economic contraction, any dips in Bitcoin price are considered buying opportunities, similar to patterns observed in 2015-16 and 2019-20 [11][12] Altcoin and AI Investment Opportunities - A new BitTensor fund has been launched, focusing on TOAO and BitTensor subnet alpha tokens, highlighting the potential of AI-related altcoins [12][13] - BitTensor subnets are providing AI models and companion apps at significantly reduced costs compared to traditional services like AWS [14] - SUI is positioned to dominate agentic commerce, particularly in AI-driven transactions, and has partnered with Google on AP2, an agentic payments framework [16][17] Swissborg (Borg) Token Buyback Program - Swissborg is using 50% of trading fees to buy back the Borg token, creating buy pressure [20][21] - Based on the previous week's stats, this equates to $400,000 weekly, $1.6 million monthly, and $20 million annually in buy pressure [21] - The buyback program could potentially pump Borg by 50% in a single week, given current liquidity and price impact [22]

Economic Resilience - Societies should be able to cope with contraction [1]