๐ Exciting times ahead! The CME FedWatch Tool shows a 67% chance of a 25 basis point rate cut at the Fed's December meeting. As the S&P 500 hits record highs, all eyes are on key economic data this week. A rate cut could boost market optimism, especially if labor market data aligns with expectations.
Meanwhile, Bitcoin is on fire, nearing the $100,000 mark with a 128% surge this year! ๐ The crypto market cap is climbing towards $3.5 trillion. With the Fed's decision looming, both traditional and digital markets are set for an intriguing end to 2023. Stay tuned for more bullish vibes!