Breakwave Dry Bulk #Shipping ETF tracks the daily change in the price of dry bulk freight futures. Following the start of the #Israel-#Hamas war, it has jumped over 150% from its bottom in July. This is not something you want to see right before #interest rate cuts. image #Commodity / #Inflation / #Recession / #Stagflation / #Trading / #Investing
Economists are totally stumped about why #consumer sentiment remains so low despite a 'robust #economy', but the answer may be simple. Here's a chart of consumer sentiment with the #dilution of the #monetary base as an overlay (in red). Consumers are feeling the pain of having their purchasing power diluted, and thus their sentiment is low. In other words, sentiment has been correlating with (real) purchasing power. image The #Fed has been using the #CPI to paint a much better picture of inflation than is actually occurring. The problem for the Fed is that even though it can try to downplay the real rate of #inflation, consumers are sensing that inflation is much worse than is being reported and this is being reflected in sentiment data. With that said, if you think things are bad now, currency inflation is poised to get far worse in the years ahead as the ratio of interest on public debt to #GDP spirals higher... Note: To illustrate the dilution of purchasing power I used the formula: 1/(WALCL-RRPONTTLD-WTREGEN). This formula represents the value of one U.S. dollar relative to the total monetary base. The expression #WALCL-#RRPONTTLD-#WTREGEN reflects the assets on the Fed's balance sheet that determine the monetary base.
#Ether appears to be printing two gravestone dojis in a row on the 2-week candlestick chart. If this pattern is confirmed, a retracement is likely at the start of 2024. The last time a similar pattern formed, #ETH corrected about 15%. image #ETHUSD / #Ethereum / #ETHUSDT / #ERC20
One of the problems of generative #AI is that it's not open-source. Centralized control of AI is a major threat.
Just want to say thank you to all the wonderful people on here who have supported me over the past month! Thank you not just for your support, but also for just being on #Nostr. I appreciate that this platform even exists and that there are so many like-minded, #freedom-loving people.
Posted my first article on #Habla -- check it out!
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Bitcoin Corridor - SpyMasterTrades
In the digital era, where people and algorithms increasingly transact exclusively by digital means, Bitcoin — with its increasing stock-to-flow r...