๐จ JUST IN: U.S. Corporate Profits See Sharpest Drop Since 2020! ๐๐บ๐ธ
The Bureau of Economic Analysis (BEA) just dropped a bombshell:
๐ Corporate profits fell by $118.1 BILLION in Q1 2025 โ the biggest quarterly drop since the pandemic-era crash in Q4 2020! ๐ฎ๐ฅ
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๐ Key Points:
๐ Profits down 2.9% in Q1
๐ Q4 2024 was up +5.4%, making this reversal even more dramatic
๐ U.S. GDP shrank -0.2% (revised from -0.3%)
๐งพ Declines linked to: slowing consumer spend, rising imports, and gov't cutbacks
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โ ๏ธ Whatโs Driving the Crash?
๐ธ Rising business costs
๐บ๐ธ New tariffs from the Trump admin
๐ Market uncertainty & global macro headwinds
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๐ง Why It Matters for Crypto:
โTradFi showing signs of stress
๐ Investors might look to Bitcoin & crypto as alternatives
๐ Could this trigger the next rotation into digital assets?
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๐ Market Snapshot (as of May 30):
๐น S&P 500 ETF (SPY): $590.05 (+0.37%)
๐น Dow Jones (DIA): $422.46 (+0.25%)
๐น Nasdaq (QQQ): $519.93 (+0.23%)
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Is this just a bumpโฆ or the start of a deeper TradFi downtrend?
Letโs talk ๐
#CorporateProfits #USEconomy #BEA #RecessionWatch #BinanceSquare
