I don't think Trump will risk the stock market for this downsizing stuff. Maybe some short-term pain. We all know bitcoin (and it's derivatives) can turn on a dime...
#Macrostr
ISM Manufacturing New Orders: 48.6 vs 55.1 (prior)
- You don't love to see this. 👀
ISM Manufacturing PMI: 50.3 vs 50.9 (prior)
- Still (barely) expansionary, which is good. But definitely weak. 👀
OPINIONS:
The new administration's Downsize and Deregulate with Deafening speed is already starting to show some real short-term economic pain.
"Reprivitization" policies should do well in the medium and longer terms, but will definitely require some time to take effect.
Risk assets and #bitcoin may be tumultuous for longer than they would otherwise have been without the current major administrative policies.
TAKE HOME POINT:
Stay humble. Stack sats. (per nostr:nprofile1qyv8wumn8ghj7urjv4kkjatd9ec8y6tdv9kzumn9wsq3vamnwvaz7tmjv4kxz7fwwpexjmtpdshxuet5qqsqfjg4mth7uwp307nng3z2em3ep2pxnljczzezg8j7dhf58ha7ejgqgzx3h )
Discussion
MARKETS GO UP, MARKETS GO DOWN. BITCOIN JUST GOES RIGHT.