@cryptosmerkis
.Elon Musk talked about: Regulations will never die unless someone is willing to abolish them. Regulations are immortal. Unless someone really destroys them, they will never die. Many times, regulations may be made for various legitimate reasons!
The US #2-year Treasury yield is falling, indicating that #rate cuts are coming soon. If recession concerns are reduced, the market may rebound soon. From historical data, 2-year Treasury yields tend to fall before the Fed cuts interest rates, which is what we are seeing now.
PCE inflation has been moving in a healthy direction recently. If this trend continues for another three months, the United States may return to pre-COVID-19 inflation levels. Later today, we will see #CPI data!
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