What happened: βWe are now firmly back in a good is bad/bad is good regimeβ: Weak job data may lead to more rate cuts and boost stocks, Morgan Stanley economist says
Weak job growth may prompt Fed to cut rates | Rate cuts are likely to lift equities, especially growth stocks
Weak job data may signal Fed rate cuts
Why it matters: This development reflects the current expansion phase with bullish market trends and high volatility levels. Moderate impact on consumer spending
Market Impact: Market-moving development with high volatility impact and bullish trend implications across 1 sectors.
Simple takeaway: This high-impact development requires immediate attention and may warrant portfolio adjustments.
#Morgan Stanley #Michael Wilson #Federal Reserve #rate cuts #labor market #inflation #equities
What happened: Bitcoin back above $92K, BlackRock bullish on a tokenized future, Kalshi raise $11B - Daily Crypto Recap - Decrypt
A Bitcoin price above $92K could attract additional retail and institutional inflows, potentially pushing the asset toward the $100K psychological barrier. | BlackRockβs interest in tokenized assets may accelerate regulatory approvals for cryptoβlinked ETFs, benefiting the broader market.
Bitcoin surged above $92K, indicating renewed bullish sentiment.
Why it matters: This development reflects the current expansion phase with bullish market trends and high volatility levels. Moderate impact on consumer spending
Market Impact: Market-moving development with high volatility impact and bullish trend implications across 1 sectors.
Simple takeaway: This high-impact development requires immediate attention and may warrant portfolio adjustments.
#Bitcoin #BlackRock #Kalshi #Crypto #Tokenization #Market Recap