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BREAKING: ๐Ÿ‡บ๐Ÿ‡ธ Elon Musk says โ€œthe Fed needs to drop rates. They have been foolish not to have done so already.โ€

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๐Ÿšจ๐Ÿšจ Big Tech Stocks Down in Pre-Market

- Google $GOOGL -11%
- NVIDIA $NVDA -11%
- Apple $AAPL -10%
- Meta $META -10%
- Tesla $TSLA -10%
- Amazon $AMZN -10%
- Microsoft $MSFT -9%

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โšก๏ธ BREAKING: The volatility index, $VIX, is now trading above 65, a level only seen 2 previous times in history.

The only 2 times the $VIX has traded above 65 were the 2020 Pandemic and 2008 Financial Crisis.

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๐Ÿšจ๐Ÿšจ๐Ÿšจ Over $1.93 trillion wiped out from the US stock market so far today.

@Fin_Watch
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๐Ÿ‡บ๐Ÿ‡ธ Trump reacts to market crash.

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๐Ÿ‡บ๐Ÿ‡ธ JUST IN: Biden's economic advisor Gene Sperling steps down.

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Forwarded from Crypto News
JUST IN: ๐Ÿฅ‡ Capula Management, the fourth largest hedgefund in Europe, reports $500M in Bitcoin ETF holdings

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๐Ÿšจ๐Ÿšจ Japanese ๐Ÿ‡ฏ๐Ÿ‡ต banks have lost $85 billion due to panic selling on Monday, Bloomberg reports.

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๐Ÿ‡ฎ๐Ÿ‡ฑ ๐Ÿ‡ฎ๐Ÿ‡ท TRUMP: โ€œIsrael is going to be attacked tonight by Iran."

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BREAKING: ๐Ÿ‡ฏ๐Ÿ‡ต Japanese Stocks explode higher and are on track for biggest gain since October 2008

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๐Ÿšจ๐Ÿšจ๐Ÿšจ Dell Technologies, $DELL, to reportedly lay off as many as 12,500 workers, per SiliconANGLE.

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๐Ÿ“Š#UBS expects the Federal Reserve to cut interest rates by 100 basis points this year.๐Ÿ“ˆ

UBS Double its previous forecast of 50 basis points. The decision will be influenced by the August employment report and economic conditions.

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๐Ÿ‡บ๐Ÿ‡ธ FED'S DALY: WE HEAR THE ECONOMY IS DOWNSHIFTING

๐Ÿ‡บ๐Ÿ‡ธ FED'S DALY: MINDS ARE OPEN TO CUTTING RATES IN COMING MEETINGS

๐Ÿ‡บ๐Ÿ‡ธ FED'S DALY: IF REACT TO ONE DATA POINT, WE WOULD ALMOST ALWAYS BE WRONG

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BREAKING: ๐Ÿ‡บ๐Ÿ‡ธ Whartonโ€™s Professor Siegel calls for 1.5% rate cut by the FED.

0.75% cut in an emergency meeting.

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๐Ÿ“ฃ CNBC is doing a special "market sell-off" show tonight

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๐Ÿ“Š Cathie Wood's #Ark Invest makes first purchase of Coinbase (#COIN) stock since June 6, 2023, acquiring $17.8mn worth.

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๐Ÿ”ฅBREAKING : ๐Ÿ‡บ๐Ÿ‡ธ US to start $50 billion Treasury buyback program in August

The goal is to regulate the bond market supply and boost liquidity as the Federal Reserve prepares for an imminent interest rate cut.

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You know what is next ๐Ÿคช๐Ÿ“ˆ

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JUST IN: ๐Ÿ“Š JP Morgan says Institutions bought the dip while Retail panic-sold aggressively.

Retail sold -$1 BILLION
-2.5 standard deviations BELOW the 12m average

Institutions bought +$14 billion
+2.9 std dev ABOVE the 12m average

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๐Ÿ‡ฏ๐Ÿ‡ต Bank of Japan to hold emergency meeting to discuss International Financial Markets - Reuters

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๐Ÿ“ฃ Elon Musk to close X headquarters in San Francisco - NYT

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