Bitcoin edged lower on Thursday, even after the Federal Reserve on Wednesday cut its policy rate by 25 basis points and signaled that it will begin injecting additional liquidity into short-term funding markets starting Friday. ...

All right, let's go back now to our panel. We got Jim, Francis, and David. Francis, I want to go to you because let's talk about the job market.And I'm going to compare the last meeting minutes, and you'll forgive me. I got to look down and read it. Here's what they said at the last meeting minutes about the job market.They said the unemployment rate is edged up, but remained low through August. So, they said, "Oh, okay. It's edged up, but it's low this year." First paragraph, the unemployment rate has edge ...

Don't quote me on this, but I think that force will be quite strong. So that force may be strong enough to offset the fouryear cycle. Who knows.Uh >> so you're saying next year bull market. >> We may be seeing a super super cycle. So we'll see.Yeah. Uh I'm not sure. >> We'll see.>> Yeah. Um, so, >> and there you guys have, of course, CZ, the founder of Binance, speculating on the fact that the four-year cycle is essentially dead and that we are in a super cycle for crypto. Now, if you guys did watch my prev ...

Core Viewpoint - The Federal Reserve's communication is increasingly chaotic, with mixed signals from various members regarding interest rate cuts, particularly for December [1][2][3]. Group 1: Fed Members' Opinions - Three Fed members opposed an October rate cut and expressed skepticism about a December reduction, citing strong economic momentum and inflation above target [2]. - Fed Governor Waller and Governor Myron advocate for further cuts, with Waller emphasizing the need for action despite uncertainty in the economic outlook [3][6]. - A significant number of Fed members are scheduled to speak this week, indicating ongoing discussions about monetary policy [4]. Group 2: Economic Indicators - The upcoming ADP jobs data is anticipated to be crucial for determining the Fed's direction on rate cuts, with many observers believing definitive job data is needed to unify the committee [5][9]. - Current jobless claims are low, suggesting a potential turnaround in the job market, which could influence the Fed's decision-making [9]. Group 3: Market Dynamics - The Fed is reassessing the appropriate level of reserves and plans to halt quantitative tightening, potentially increasing liquidity in the markets [6][7]. - There is a focus on the repo market and its implications for overall market tightness, although the Fed has downplayed its significance [5][7].

Core Insights - The Federal Reserve injected $29.4 billion into the US banking system through overnight repo operations, marking the largest single-day move since the dot-com era [1] - China's central bank also executed a record cash infusion to support its domestic banking sector, indicating a global trend towards increased liquidity [1][6] Group 1: Federal Reserve Actions - The Fed's large overnight repo operation reflects growing stress in short-term credit markets, following sharp Treasury sell-offs [2] - This intervention is seen as a response to rising bond yields and expensive funding, aimed at limiting systemic risks [3] - Fed Governor Christopher Waller's call for a potential interest rate cut in December suggests a shift towards a more accommodative monetary policy [3] Group 2: Market Reactions and Expectations - Market expectations for a third rate cut in 2025 have decreased from 90% to 65%, indicating shifting sentiments regarding future monetary policy [4][5] - If the Fed does not meet these expectations, there could be a sharp downturn in markets, as investors have already priced in easier policies [5] Group 3: China's Economic Measures - The People's Bank of China increased liquidity to support economic growth amid softening demand, addressing issues like deflation and a weakened property sector [6]

Core Viewpoint - The Reserve Bank of India (RBI) is expected to resume bond purchases early next year to address emerging liquidity strains among lenders, with potential purchases estimated at around ₹1 lakh crore ($11.3 billion) in the January-March quarter [1][5]. Group 1: Liquidity Situation - Lenders are experiencing a cash shortage following the RBI's intervention to support the rupee, which has been one of Asia's worst-performing currencies this year [2][3]. - As of October 27, there was a ₹11,360-crore deficit in banking liquidity, a significant drop from a surplus of approximately ₹4 lakh crore in August, influenced by tax outflows and increased cash demand during festivals [3][4]. Group 2: RBI's Actions - The RBI has recently increased short-term cash injections and conducted foreign-exchange swaps to replenish liquidity after its currency-support measures drained cash from the system [4][5]. - The last bond purchase by the RBI occurred in May, totaling ₹5.2 lakh crore over five months leading up to that date [4]. Group 3: Future Outlook - Analysts anticipate that the RBI will return to bond purchases as a primary tool for ensuring durable liquidity, which would also support the bond market [6]. - The need for liquidity injections may decrease if a US-India trade deal enhances foreign inflows, although the RBI has maintained interest rates for now while indicating potential future easing [5][6].

The biggest altseason is about to begin.The FED will cut rates and inject liquidity into the markets.We’re getting rich! https://t.co/gRTeqg3pcX ...