The main #catalyst came in the form of news that largest global exchange #Binance is being sued by United States regulators.
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#Technicals are showing some short-term weakness & it could be that a #catalyst will soon appear to play that weakness out.”
#Given the lags in data, we might #September, so pricing in 100 bps of #cuts from there by year-end is going to #take some real economic pain. Lately, the market is circling commercial real estate as a #catalyst and I'm #sympathetic towards that but with the
#Catalyst watch: Spotlight on retail earnings, Lucid Group, #Silvergate Capital and Radware
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