Surveillance: Wall Street Wobbles at Edge of News and Data Cliff
Fedspeak, Bitcoin, CPI, bank earnings on tap as traders feel ‘some indigestion’
The US deadline to approve exchange-traded funds tied directly to the spot price off Bitcoin arrives today, and this cryptocurrency exchange office in Prague is ready.
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Federal Reserve rate cuts on the horizon. Inflation drifting down toward the central bank’s 2% target. A soft landing for the economy. Those were the building blocks of Wall Street’s Goldilocks narrative at the end of 2023, and yet 2024 has been bumpy so far.