📈 Ithaca Protocol Market Update
► Goldman trading strategy: "locally neutral before ultimately higher," curves steeper, oil weaker, dollar bear market, "Fed on hold" (I don’t agree with that; they will jawbone soon).
► Carney in the U.S., trade tension will continue to ease.
► Polymath / Polymesh / POLY + 100%; it is a Memecoin now.
► Fed tomorrow, so FOMC drift incoming.
► USD/TWD collapse in historic moves lays bare the structural dollar bear market we are entering. Approximately $1 trillion long is encountering true market turbulence; lifer profits and reserves are getting wiped out, and Taiwan’s smaller, thin-merging exporters are under severe pressure. This can be a butterfly (more like an albatross) flapping wings across various markets, including treasury long end.