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Rate Hikes, US Jobs, Meta Layoffs, UK/US Natgas Deal, Climate Regulation, FTX/Crypto Crash
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THE FEDERAL RESERVE RAISED INTEREST RATES BY 75BP
US ADDED MORE JOBS BUT UNEMPLOYMENT EDGED TO 3.7%
META SAYS IT’S CUTTING 11,000 JOBS
UK SET TO ANNOUNCE A HUGE NATURAL GAS DEAL WITH THE US
REGULATORS ARE SETTING TOUGHER CLIMATE IMPACT RULES AFTER THE ANNUAL CLIMATE CHANGE CONFERENCE
CRYPTO AND THE FTX TOKEN PLUMMETED AS THE MARKET BATTLES FTX/ALAMEDA CONTAGION
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Stay happy, humble, and most importantly, solvent! ☀️
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🚨TimeStamps 🚨
00:00 - SUMMARY
01:23 - LAST WEEK
02:35 - THE FED RAISES INTEREST RATES 75BP
07:42 - POWELL SPEECH
11:00 - US UNEMPLOYMENT NUMBERS RISE TO 3.7%
13:27 - US NON-FARM PAYROLLS
09:27 - US JOB OPENINGS UNEXPECTEDLY INCREASE BY 437K
15:53 - META CUTS 11,000 JOBS
19:11 - UK SET TO ANNOUNCE GAS DEAL WITH THE US
23:02 - REGULATORS GET STRICTER AFTER COP27
28:05 - FTX AND CRYPTO CRASH
29:07- TETHER FIRES BACK AT BLOOMBERG “MISINFORMATION”
38:28 - WEEK AHEAD
41:03 - OUTRO
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