𝗦𝗲𝗽𝘁𝗲𝗺𝗯𝗲𝗿 𝟮𝟵, 𝟮𝟬𝟮𝟰
BREAKING: China banks have been told to cut rates by about 50 bps on existing mortgage loans.
US Fed rate cuts are arriving too late and layoffs show the US economy is already in a recession, bond king Jeff Gundlach has said per BI.
🚨🚨 Chinese Stocks reach most overbought level in more than 4 years.
🚨 Money Market Funds saw a weekly inflow of $129 billion, the 5th largest this decade.
US Spot #Bitcoin ETFs bought 17,009 BTC this week. Miners only created 2,250 more BTC this week.
