🚨 NEXT WEEK COULD BE BRUTAL FOR THE U.S. STOCK MARKET
Wall Street is already under pressure from rising inflation, surging bond yields, and growing concerns about the AI debt boom.
And several major events next week could trigger even more volatility.
MONDAY: U.S. markets reopen amid rumors of a major collapse at an AI fund, although no collapse has been confirmed.
TUESDAY: ADP employment data and U.S. housing data. Weak numbers could fuel fears of an economic slowdown like the one in 2007–08.
WEDNESDAY: U.S. oil inventory data and a $13 BILLION 20-year Treasury bond auction. Weak bond demand could push yields even higher, while low inventory figures could send oil prices soaring, worsening the inflation situation.
THURSDAY: U.S. jobless claims and mortgage rates. Further signs of weakness could increase recession concerns.
FRIDAY: S&P Global Manufacturing and Services PMI. This will show whether business activity is slowing while inflationary pressures remain high and bond yields reach multi-decade highs.
And all of this is happening one week before the Fed meeting on October 27–28.
With inflation rising, bond yields above 5%, and AI stocks already under pressure, next week could bring another major market sell-off. $BTC $BNB $SHIB
Wall Street is already under pressure from rising inflation, surging bond yields, and growing concerns about the AI debt boom.
And several major events next week could trigger even more volatility.
MONDAY: U.S. markets reopen amid rumors of a major collapse at an AI fund, although no collapse has been confirmed.
TUESDAY: ADP employment data and U.S. housing data. Weak numbers could fuel fears of an economic slowdown like the one in 2007–08.
WEDNESDAY: U.S. oil inventory data and a $13 BILLION 20-year Treasury bond auction. Weak bond demand could push yields even higher, while low inventory figures could send oil prices soaring, worsening the inflation situation.
THURSDAY: U.S. jobless claims and mortgage rates. Further signs of weakness could increase recession concerns.
FRIDAY: S&P Global Manufacturing and Services PMI. This will show whether business activity is slowing while inflationary pressures remain high and bond yields reach multi-decade highs.
And all of this is happening one week before the Fed meeting on October 27–28.
With inflation rising, bond yields above 5%, and AI stocks already under pressure, next week could bring another major market sell-off. $BTC $BNB $SHIB