RT plur daddy (@plur_daddy)It was very dovish relative to expectations. Have to view the PA for what it is. Weak in the face of good news. Not sure why. Balance sheet expansion should have been bullish for crypto. Silver/gold responding the best, then equities (with IWM leading). Equities being weaker than silver/gold is logical, since part of the dovishness was Powell saying that true job growth might be -20k/mo. ...

IN YIELD, MAYBE THAT DOES LOOSEN THINGS UP A LITTLE BIT. ALTHOUGH I WASN'T PARTICULARLY ALARMED AT THE LEVEL THAT LONG TERM YIELDS HAD GOTTEN TO IN THIS RUN. >> ALL RIGHT, MICHAEL SANTOLI, MICHAEL, THANK YOU VERY MUCH. ALL RIGHT.LET'S GO BACNOW 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 A ...

We've seen this sort of global hint towards inflation concerns. Yesterday it was the ECB, last week it was Japan. Today, the RBA talking a little about inflation.A previous guest on this program was not worried much about certainly US inflation. How concerned are you around the inflation theme and the higher yield seen that seems to be building. Yeah, I mean, certainly the higher yields seem I think it's something to take seriously.This is actually pretty normal behavior for markets. So what you see is that ...

Market Trends - Bitcoin futures experienced a $1.25 billion outflow, indicating a market reset [1] - Analysts predict a $120,000 target for Bitcoin if the Federal Reserve signals a dovish turn [1] - A hawkish stance from the Federal Reserve could lead to a $110,000 support level for Bitcoin [1]

Market Trends & Predictions - Expectation of a higher yield curve in the future [1] - Anticipation of substantially lower front-end rates with a new, potentially dovish Fed chair within six months [2] - The yield curve steepening trade is a slow-moving process but expected to eventually work [3] Fiscal Policy & Debt - The US is facing fiscally constrained conditions with budget deficits potentially exceeding 6% [4] - High debt-to-GDP ratio (100%) necessitates keeping real interest rates low to manage interest burdens [5] - Japan's reluctance to raise rates significantly despite inflation (2-3%) and wage growth (35%) illustrates a debt management strategy [5] Monetary Policy & Fed - Potential appointment of a dovish Fed chair to lower interest rate costs [4] - The next Fed chair is expected to initiate policies aimed at lowering interest burdens [6] - The strategy to escape a debt trap involves maintaining the lowest possible real interest rates [5]