Cryptocurrency Market Analysis - Refusal to revalue gold or increase Bitcoin (BTC) holdings indicates skepticism towards cryptocurrency as a reserve asset [1] - Significant BTC purchases by the US government would signal concerns about the US fiscal outlook [3] - Public companies are in the early stages of BTC adoption, suggesting wider sovereign adoption by G20 nations may take another decade [4] US Debt & Fiscal Policy - The author implies the US government is actively promoting US debt [2]

Mark, does CPI matter. CPI really matters today. As you know, Guy, I quite often provide context that you shouldn't read too much into one print.But I think if CPI clearly beats today and it doesn't necessarily matter whether that comes to the headline or the core. But if the set of data is overall clearly strong, I think it can really wreak havoc in markets. I think it disrupts both stocks and bonds, and that's because it'll simultaneously disrupt two important narratives at the moment in markets.One is it ...