After months of downtrend, $AXS printed a violent breakout, followed by a healthy pullback into a key demand zone (green box). Price is holding above support and starting to curl up again. $AXS
If this base holds, the next leg could aim for $2.0–$2.5 🎯
PRESIDENT TRUMP NEW FED CHAIR," KEVIN WARSH ABOUT TO FLOOD MARKETS WITH LIQUIDITY OR TRIGGER A BOND MARKET RISK?:🚨 $AXS
Recently, the upcoming Fed Chair Kevin Warsh has called for a new FED TREASURY ACCORD, basically a framework that would decide how the Fed and the U.S Treasury work together on debt, money printing, and interest rates. $H
This is not only about rate cuts.
Yes, markets expect Warsh to support rate cuts over time, possibly bringing rates down toward the 2.75%–3.0% range. $DUSK
But the bigger story is what happens behind the scenes.
BREAKING:🚨 CHINA HAS TOLD DOMESTIC BANKS TO STOP ADDING AND BEGIN REDUCING EXPOSURE TO U.S. TREASURIES.
This removes a steady source of foreign demand for U.S. government debt. Lower external demand for Treasuries can push yields higher and increase U.S. borrowing costs over time. $ZEC $ASTER $NS