Dr Jeff,
Were you expecting lower inflation data print? Does this modify any thoughts on the DXY heading lower? Thank you for any input and appreciate your voice on Nostr
Discussion
I thought it might surprise to the downside, but it didn’t.
Regardless, nothing has changed for me from a macro standpoint.
I expect economic growth, inflation, and global M2 to all mildly accelerate from here, which is generally good for risk assets and should be fantastic for bitcoin.
So be like me, wait for macro to be macro and ignore the micro shit while important things happen every day
Did you hear about the reports of depleted uranium bombs being used in Lebanon the past few days? This would mean Israel is taking a highly toxic anti-armor weapon material and repurposing it to just spread the toxicity among the civilian population instead of putting it in anti-armor projectiles