Bi Weekly Market Review - Edition #9

Dear FOMOdrive community members,
Welcome to Edition #9 of our Bi-weekly Market Review covering the major market news from 1st - 15th October
. Don’t forget to check out the Learning Corner
, as well as the perspectives from experts at Grayscale Investments and Cornell University on whether Bitcoin serves as a hedge against inflation
Major Market News
Crypto
- US regulators sue Voyager Digital co-founder for fraud (Coindesk 12 October)
- SEC Pushes Ahead With Case Against Coinbase Crypto Exchange (Bloomberg 3 October)
Equities
- US bank profits set to rise on higher rates while Wall Street lags (Reuters 11 October)
- How surging yields brought the stock market to a halt, in 8 charts (WSJ 10 October)
- The benchmark of small-cap stocks -the Russel 2000 - turned negative for the year (CNBC 2 October)
Bonds and Interest Rates
- Higher Bond Yields Likely to Extend Fed Rate Pause (WSJ 10 October)
- Global bond rout deepens before receding on relief rally (Reuters 5 October)
- ECB’s Centeno says rate cycle likely completed, inflation retreating (Reuters 4 October)
Commodities and FX
- Middle East violence rattles markets, oil jumps (Reuters 9 October)
- Oil prices, Defense Stocks Rise as Israel-Hamas Conflict Rattles Markets (WSJ 9 October)
- Bank of Japan data suggest mysterious yen spike wasn’t intervention (Reuters 5 October)
- Yen surges against dollar, leads some to suspect intervention (Reuters 3 October)
Learning Corner
Quote of the Day:
“Far more money has been lost by investors preparing for corrections, or trying to anticipate corrections, than has been lost in corrections themselves.”- Peter Lynch
Educational Spotlight:
Is Bitcoin An Inflation Hedge? Here Are the Arguments on Both Sides
We hope you found this edition of the Bi-weekly Market Review informative and useful. As always, we welcome your feedback.
Until next time. Stay informed
The FOMOdrive Team