Equities were up on close yesterday, but we have given back some of the gains today with Interest rates also rising slightly. Today we had the reported retail sales number come in at 0.4% which was b…
Traditional markets again don’t have much to report. We have been edging a bit higher in 10yr and 2yr treasuries for interest rates, but still nothing significant. The next big thing is Payrolls and …
Traditional markets moved up a bit but came back down already, with interest rates reversing some of the gains as well. BTC and ETH have both seen a dip, ETH dipped to the 1700's and BTC has fallen 5…
GM Web3 ☀️Recap - May 11th, 2023
Mixed markets today with stocks unchanged, but there was a big rally in interest rates which are up from 4.6% yesterday. PPI came in today lower than expectations at 2…
CPI came in today at 4.9% vs 5% expectations which spells out yet another move lower, all around positive for markets. Stocks are up about 1-1.5% move higher with interest rates also moving a bit on …
Not a ton to report on traditional markets, starting the day a bit lower with .05% dip on the S&P. Interest rates selling off in preparation for tomorrows Data point. OSF imagines the risk is skewed …
Traditional markets are trading relatively firm; we had a decent close on Friday with things unchanged on today's open. Crypto closed well going into the weekend but has sold off since along with $hi…
It's been a tough 48 hours for equities, we are down another percent on the S&P. The FOMC concluded yesterday and we did in fact get a hike of 25 bps as expected. The commentary from Powell didn't co…
Not much to write home regarding traditional markets, equities are basically unchanged. Interest rates are rallying with the news of the bank fiasco. Today the FOMC will conclude with the expectation…
GM Web3 ☀️ Recap -May 2, 2023
Degenz Market Report by @osf_rekt and @rektmando
Tough day in equities the S&P moved down slightly more than the Nasdaq, which is uncommon. Yesterday, First Republic bank …
We are SO BACK!
On Friday, the market closed strong; today, however, equities have remained mostly unchanged. Looking ahead, the FOMC begins tomorrow and will conclude on Wednesday with the announcem…
Things are not looking too rosy, equities are down across both Nasdaq and the S&P with 10yr and 2yr treasuries seeing a decent rally in interest rates. Crypto is also not doing well, ETH has moved ro…
Not a ton to report on traditional markets, we closed unchanged and are opening basically the same. Last week was a boring macro week, but this week brings corporate earnings with META and a couple o…
Traditional markets don't have a lot to write home about, most things are basically unchanged. Interest rates are hovering in the same range they have been for the past few days. Tech earnings will b…
Its been a soft start in traditional markets with Nasdaq and S&P both down around 0.2%. Earnings report came in yesterday with headlines focused on Tesla reporting a 20% drop in net income and earnin…
We started off weaker in traditional markets today, Interest rates are up on 10yr and 2yr. OSF speculates that we 'over rallied' and are just readjusting. The UK is still hovering around in double di…
If you're keeping a close eye on the cryptocurrency market, you might have noticed that there isn't really a ton to report on the traditional market. However, it is earning season, so keep an eye out…
In the world of cryptocurrency, there are moments in between major macro events where the market tends to grind. Currently, we are experiencing one of those moments, and it's affecting different curr…
This week's economic data has been closely watched, with both CPI and PPI indicating that inflation is coming down. The result has been a surge in the crypto markets, with Ethereum breaking into 2k a…
Today's show was a vibe! With Mando missing, Farokh and OSF hosted the show live in person from the convenience of a hotel couch. They Brough good vibes and and celebrated the recent Bitcoin climb to…