🚨 BREAKING: U.S. stocks just pushed into fresh record territory.
The S&P 500 hit a new all-time high after July PPI came in flat, at 0.0%, versus expectations for a 0.2% increase. Year-over-year PPI also cooled to 4.7% from 5.5% in June.
That matters because softer producer inflation takes some pressure off the Fed.
Rate-hike fears are cooling.
Treasury yields moved lower.
Stocks ripped higher.
And now the bigger question:
Where does the money go next?
When macro conditions become more friendly toward risk assets, capital can start looking beyond traditional markets.
Bitcoin is one of the obvious places to watch.
Stocks getting stronger doesn't automatically mean BTC pumps tomorrow. That's not how markets work.
But if the Fed gets more room to ease, liquidity conditions improve, and investors start chasing higher-beta assets again, crypto could become part of that rotation.
The setup is getting interesting.
Wall Street is already celebrating softer inflation.
Bitcoin may be waiting for its turn. 👀
The S&P 500 hit a new all-time high after July PPI came in flat, at 0.0%, versus expectations for a 0.2% increase. Year-over-year PPI also cooled to 4.7% from 5.5% in June.
That matters because softer producer inflation takes some pressure off the Fed.
Rate-hike fears are cooling.
Treasury yields moved lower.
Stocks ripped higher.
And now the bigger question:
Where does the money go next?
When macro conditions become more friendly toward risk assets, capital can start looking beyond traditional markets.
Bitcoin is one of the obvious places to watch.
Stocks getting stronger doesn't automatically mean BTC pumps tomorrow. That's not how markets work.
But if the Fed gets more room to ease, liquidity conditions improve, and investors start chasing higher-beta assets again, crypto could become part of that rotation.
The setup is getting interesting.
Wall Street is already celebrating softer inflation.
Bitcoin may be waiting for its turn. 👀