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