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- 22:26The U.S. retail investor index posts its largest drop since Trump's tariffs.ChainCatcher news, according to Golden Ten Data, on Tuesday the Retail Favorites Index fell by 3.6%, marking the largest drop since April 10 and about three times the decline of the S&P 500 Index. This drop was mainly driven by Palantir's disappointing earnings report and "The Big Short" prototype Michael Burry disclosing short positions in both Palantir and Nvidia. In addition, the sharp plunge in bitcoin has further increased pressure on individual investors. The index, compiled by Goldman Sachs, includes stocks such as Palantir and Tesla.
- 22:26The probability of a 25 basis point rate cut by the Federal Reserve in December is 70.1%, and the probability of a rate cut in January next year is 55.8%.According to ChainCatcher, citing Golden Ten Data, CME "FedWatch" shows that the probability of the Federal Reserve cutting interest rates by 25 basis points in December is 70.1%, while the probability of keeping rates unchanged is 29.9%. By January next year, the probability of a cumulative 25 basis point rate cut is 55.8%, the probability of keeping rates unchanged is 19.3%, and the probability of a cumulative 50 basis point rate cut is 24.8%.
- 22:19Trump Says Supreme Court Tariff Case Concerns the Survival of the United StatesJinse Finance reported that Trump stated in a post that tomorrow's tariff case at the U.S. Supreme Court is, in the literal sense, a matter of life and death for our country. If we win, we will gain tremendous but fair economic and national security protections. Without victory, we can hardly defend ourselves against other countries that have been taking advantage of us for years. Our stock market continues to reach historic highs, and our country has never been as respected as it is now. A large part of this is due to the economic security brought by tariffs and the agreements we have negotiated as a result.