TLDR

MARKET RECAP → Stocks fell Monday ahead of key US inflation data due out later this week. Bitcoin (BTC) continued to hover around all-time highs, ending the day around ~$118K.

🚀 BULLISH UPS THE ANTE → Crypto exchange boosts IPO to $1.5B for a $5B valuation, betting its volatility-fueled revenue and institutional focus will win over investors.

⚠ MARKETS DON’T TRUST THE MATH → Wall Street is questioning CPI data accuracy, fearing flawed numbers could push the Fed into policy missteps and spark market whiplash.

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MARKETS

Market Snapshot

Today’s S&P 500 Heatmap

Notable Earnings This Week

POLL OF THE DAY

CRYPTO

Bullish Gets Even Bolder

Crypto exchange Bullish is upping its IPO raise to $1.5 billion, seeking a near-$5 billion valuation. The move signals confidence despite choppy digital asset markets and comes ahead of an anticipated Nasdaq debut.

📈 Revenue Riding Volatility: Bullish says trading activity surged in 2024, boosting revenue as crypto price swings drew more institutional and retail traders. The platform touts its deep liquidity and proprietary matching engine as competitive edges.

🌐 Positioning for Mainstream: CEO Tom Farley frames the IPO as a credibility play, pitching Bullish as a regulated, institution-friendly venue that can thrive through market cycles—setting it apart from more chaotic crypto rivals.

ECONOMICS

Wall Street Loses Faith in Data

📉 Confidence in CPI Wavers: Ahead of Tuesday’s inflation report, investors are questioning the reliability of government data, citing frequent revisions and methodology changes that muddy economic signals. Analysts warn that inaccurate CPI readings could mislead the Fed and markets, raising volatility.

🏦 Fed in the Fog: Traders fear the Fed may be flying blind—policy decisions could be based on flawed inflation snapshots, potentially leading to rate moves that overshoot or undershoot economic reality. That uncertainty has kept bond markets jittery and risk appetite in check.

📊 Markets Brace for Whiplash: Any CPI surprise could swing markets hard—stocks, bonds, and currencies are all poised for sharp moves if inflation comes in hotter or cooler than forecasts. With trust in the data eroding, the reaction could be even more extreme.

BULL VS. BEAR

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NOTABLE POSTS

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