#May CPI Incoming#
This Wednesday, the U.S. will release May CPI data — a key test for rate cut expectations. Cleveland Fed forecasts 2.4% YoY CPI (up from 2.3%), with core CPI flat.
💬 If inflation beats expectations, will the Fed still cut in June? Will you stay on the sidelines or take early action?
#Tech Giants Eye Stablecoins#
Apple, Google, Airbnb, and X are in talks to integrate stablecoins into their payment systems, aiming to cut fees and streamline global payments. Following Circle’s IPO surge, stablecoins are quickly gaining traction across tech and finance.
💬 Could stablecoins be
If you like an environment, you will place a lot of items in that environment. Because you feel safe inside. For example, if you like your job, your workstation is always full. If you like the house you live in, the things in your house will continue to increase. I have seen some people who, at the age of 24, have their workstations filled with all sorts of items, artistic and life-viewing, but at the age of 30, their workstations are empty except for the computer, mouse, and teacup. Once I walked into someone's home, even the scratches on the coffee table had been carefully filled in with the same color pen, and I could feel how much she loved it here. Once I went to an artist's workshop and saw his two dogs, favorite wine, and musical instruments, and his lover coming to bring him food on a motorcycle, and then I understood why he was always unwilling to go on business trips or travel. In fact, human nature is more than one imagines. Once we like a place, like a person, there are always so many traces, uncontrollably marking various items. Many people have cleared out a lot of things from their homes after this period, selling or giving them away, or just throwing them away, because of unease. Like birds about to dismantle their nests, they are always ready to escape...