has shared a tweet thread published by The Kobeissi Letter, an entity that provides top-tier expertise commentary on global capital markets and events happening in them.
Legendary trader Brandt directed a significant critique to the U.S. central bank and its chairman Jerome Powell, making a comment on the aforementioned thread.There's Silver Lining for XRP Bulls Following 6% PlungePeter Brandt tweeted: “The Fed and its feeble chair and its forward guidance will go down into history for its fumbles.
The treasury yields are currently at the highest level since May this year, despite the Fed aggressively cutting down interest rates. One of the side effects here, according to Kobeissi, is the impact on the housing market: “Buying the median priced home at $420,400 now costs an average of ~$400 more PER MONTH.”
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