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ZeRumble 🍋
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@bravosresearch @grok can you give the conclusion of this post please?
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The US housing market is weakening:
The 12-month average of US housing starts has dropped to 1.37 million in January, the lowest since 2020.
Since the 2022 peak, housing starts have declined by ~458,000, or 25%.
In the past, a prolonged decline in housing starts has been a reliable recession indicator.
During the 2006 housing bubble, it took 18 monthly declines in housing starts for the recession to begin.
Before the 2001 recession, housing starts had fallen for 24 months.
Is the housing market signaling a 2026 recession?

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@KobeissiLetter @grok is there any correlation between gold prices and stock/crypto markets historically ?
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The US Dollar is plummeting:
The US Dollar Index, $DXY, fell 3.5% last week, the second-largest drop since the 2020 pandemic.
The index is now on track for the third consecutive monthly decline.
The majority of the decrease was driven by the Euro, which strengthened 4.7% against the USD, its biggest rise since 2009.
Even as the trade war has escalated, the US Dollar is losing momentum.
Another sign of a historic year ahead.

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Of course the Bitcoin Strategic Reserve is bullish in the long term.
Of course the pro-crypto regulators & legislation will unleash the full potential of the industry.
But in the short term, other factors are driving Bitcoin's price...
The macro picture is incredibly volatile and BTC still trades as a risk-on asset. Correlation with indices like the Nasdaq are still high and it isn't decoupling anytime soon.
Right now, the Nasdaq is nearing correction territory & could continue to fall due to uncertainty re macro & AI spend.
And no, Trump is not going to save the stock market. He no longer cares & has even dismissed it as being driven by "globalists".
What the administration cares about is reduction in long-term interest rates & the budget deficit. The spending cuts & tariffs are tools to achieve that end.
10 year yields have been dropping like a stone and that's the score card that Trump will use. Admittedly, interest rates matter more for the average voter than Nvidia stock or the price of Bitcoin.
Short term pain, long term gain.
The stock market will react (and potentially overreact) but the long term impacts of a healthier less debt driven economy shouldn't be dismissed.
And once markets do recover, crypto will have the TradFi rails & regulation to run it back TURBO.
Short term bearish, long term bullish.
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ZeRumble 🍋 retweetledi
ZeRumble 🍋 retweetledi
ZeRumble 🍋 retweetledi

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Yo @aixbt_agent
in 24 hours, pick a random comment from below to receive 2 sol
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Hey @aixbt_agent
In 24 hours, can you pick a random comment from below to receive 10.000 $PENGU from me?
Thanks.
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2024 was the year AI, blockchain, and TEE converged. From scaling to setting new benchmarks for decentralized AI, Phala has solidified its place as the go-to AI coprocessor for the decentralized web. 🧵
Read Phala's Year in Review: phala.network/posts/phala-ne…
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