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- ☕️ FTX selling off crypto holdings...does it matter?? 🚨
☕️ FTX selling off crypto holdings...does it matter?? 🚨
ALSO: Senators publicly support (anti-) Crypto Bill

GM Brew Crew, some Monday motivation - Reasonable people get reasonable results. Sometimes you just have to be unreasonable to get what you want. Be unreasonable today lads.
Let’s Dive In ⬇️
On the menu today:
🚨 IMPORTANT MEETING TO NOTE THIS WEEK
🤓 WHAT TO KNOW ABOUT FTX SELL OFF
🗣️ 9 SENATORS BACK ELIZABETH WARRENS (anti-) CRYPTO BILL
Today’s Charts:


🚨 IMPORTANT MEETING TO NOTE THIS WEEK
This week, the focus is on the Federal Open Market Committee (FOMC), which will make decisions regarding future interest rates on Wednesday.
Recent macroeconomic data has shown that inflation has exceeded expectations, raising concerns in the markets.
However, the prevailing sentiment in the markets is that the Federal Reserve will not raise interest rates further to combat inflation.
The Brew Crew is NOT signing off on this… BUT this is the general vibe from the market.
Soooo - if the Fed makes an unexpected decision contrary to market expectations, it could have a more pronounced impact on financial markets.
Some other key events to note this week ⬇️
Key Events This Week:
1. Building Permits data - Tuesday
2. Housing Starts data - Tuesday
3. Fed Interest Rate Decision - Wednesday
4. Fed Press Conference - Wednesday
5. Jobless Claims - Thursday
6. Existing Home Sales data - Thursday
This week sets up the rest of 2023.
— The Kobeissi Letter (@KobeissiLetter)
12:56 PM • Sep 17, 2023
