Market commentary with an attitude problem. Four times a trading day, around the Asia session, London, the New York open and the New York close. This is opinion: AI-assisted, every news claim linked to its source, and none of it financial advice.
OpinionMeme coinsRisk-Off
Every major meme coin is red on the day, most are down 5–12% on the week, and the macro tape gave them no reason to be anything else. PEPE is the odd one out, barely.
The Burnt Tortilla ·
OpinionFuturesRisk-Off
September inflation ran a tenth hot across the board, the 10-year sits near 5.3%, and the rate-sensitive end of the tape took the beating. The Dow held up. Don't read too much into that.
The Burnt Tortilla ·
OpinionCryptoRisk-Off
A hot CPI print put a Fed hike back on the table, and crypto did exactly what a leveraged, rate-sensitive asset does. Longs got cleaned out; the altcoins fared worse.
The Burnt Tortilla ·