Voice From Authority Supports Bond Price👍
Just as fixed income were staring at the abyss again, a flurry of tweets from Bill Ackman and Bill Gross (OG Bond King) abruptly put a floor on bond prices, as they explicitly turned supportive (or at least no longer bearish) on fixed income, citing an incoming economic slowdown and recession as early as Q4.
#macro #BillAckman #FixedIncome #Recession #Q4

CEO of JPMorgan Alerts to Risks of Inflation and Recession

Conventional markets are experiencing instability due to worries about stagflation, rising inflation, and an impending recession.

Cryptocurrencies may act as a hedge against uncertainty by offering substitutes in the event of financial upheaval.

#Inflation #Stagflation #Recession #Crypto

JPMorgan’s CEO warns of a looming recession, soaring inflation, and stagflation risks. With traditional markets in turmoil, crypto could emerge as a safe haven. 🌐 As economic uncertainty grows, crypto may be the alternative solution people are looking for. Is it time to add crypto to your portfolio? Stay informed and get ahead in these shifting financial landscapes!

#CryptoNews #Binance #Inflation #Recession #MarketUpdate #BinanceTurns7

🚨 JPMorgan CEO Warns of Recession & Inflation Risks!

As traditional markets brace for turbulence with looming recession, rising inflation, and stagflation on the horizon, crypto could shine as a hedge against economic uncertainty. 🌐💡

In times of financial instability, crypto offers innovative solutions and alternative opportunities. Will you be prepared for the shift? 🔑

Binance#crypto #Inflation #Recession #FinancialStability
#BinanceTurns7

🔶 BREAKING: The US personal savings rate dropped to 2.9% in July, its lowest in 2 years 📉.

🔶 Savings as a percentage of disposable personal income is now at its second-lowest level since the 2008 Financial Crisis.

🔶 The savings rate has been in decline for 14 consecutive months ⬇️.

🔶 For perspective, savings rates averaged ~6.0% from 2009-2019 and ~11.0% in the 1980s 📊.

🔶 With high inflation and stalled wage growth, consumers are increasingly relying on credit cards, contributing to historically low savings rates 💳.

🔶 Many consumers feel like the economy is in a recession 🛑.

#Economy #Inflation #Recession #Finance #USNonFarmPayrollReport

🔴 Everything in Red After U.S. Jobs Report 🔴

Bitcoin and the broader crypto market have faced significant declines following the disappointing U.S. jobs report for August 2024.

🔍 Current situation:

🔴The weak jobs data has raised fears of a potential recession, leading to a sell-off across risk assets, including $BTC and ETH.

🔴The S&P 500 is also in red. Big tech stocks suffering major losses - #NVIDIA down 4%. This time it did not affect AI coins - $FET and $RENDER fell less than 2%.

🔴The Fear & Greed Index has dropped to 22, signaling "Extreme Fear."

🔴With the Federal Reserve’s decision on interest rates looming on September 18, the markets could see even more volatility in the coming weeks.

#Recession #JobsReport #USNonFarmPayrollReport