$XPL Profit of 11k
$BTC Profit of 30k
$ETH 110k
Sold 50 ETH at 4823
Transcripts from last night at 10 PM.
My sister wants to listen to my live broadcast. I'm not feeling well, but I still turned on the computer.
Highlights of Jacksonville:
Regarding the previous administration, the monetary policy of the Federal Reserve includes pandemic stimulus and the first rate cut of 50bp, areas that need improvement.
The second point is about the views on economic data.
Powell has always said that employment is good, inflation is good, and the economy is good.
However, he has not responded to the extreme downward revision of non-farm payrolls and PPI data.
This response represents his decision-making basis for future policies.
Only then can we know the bets on the rate cut in September.
Don't pretend to understand and think he's doing Tai Chi.
Responded to non-farm payrolls.
The slight adjustment in non-farm payrolls does not indicate a significant decline in employment.
Because the unemployment rate remains at 4.2%.
Wages are still rising.
Of course, we see the labor market is still declining.
This is a balance caused by a decrease in supply and demand.
If companies lay off too many employees, it could lead to a significant rise in the unemployment rate.
The decline in GDP in the first quarter may be due to reduced production capacity of companies.
Dovish.
Regarding monetary policy:
A review of past monetary policy indicates that after the subprime crisis, we had a certain lag in managing monetary policy based on economic conditions.
Equivalent to acknowledging Trump's 'Mr. Too Late'.
The pandemic has had a significant impact on the Federal Reserve's balance rate.
Flexible inflation policy caused the surge during the pandemic.
Acknowledge the flaws, response too late.
Big dove.
Opened with high leverage.
It's over.
Fun fact: There was applause for a long time after Powell stepped down.
A rate cut in September is inevitable.
Opened ETH the same, balanced ETH this morning, sold 50 ETH.
Live broadcast throughout, the process is visible.
The theoretical basis of XPL is based on my analysis of the first trading pre-contract, as follows.
