Former Japanese Prime Minister Abe has been assassinated. The European efforts to support a US backed war against Russia is faltering.
Now this pops up on Coinbase’s status page this morning just days after Voyager goes tits up:
Nothing to see here, I’m sure.
And at 0830 Eastern Time the world gets the much overblown employment report for June which will probably show a gain of around 325,000 fictional jobs created in the bowels of the BLS by the statisticians.
My take on the report today is as follows:
Pay attention to hours worked and wage gains. The Fed is terrified of a price-wage spiral and this data will probably add more confirmation to what most of us already know.
In other words, BOHICA.