📈Ithaca Protocol Market Update

► JP Morgan is exiting its recession call, delays Fed cut for December (stealth easing has started; no chance)

► Moody’s downgrades the U.S. (when SLR gets relaxed, this will be swamped); inflation expectations at multi decade highs and consumer sentiment very low (both easy to address by the master communicator)

► Bloomberg reports Binance and Kraken having been attacked by similar methods as the ones used against Coinbase (but repelled successfully; where is the surprise, ‘this is where the money is’)

► Cox / Charter merger relevant for animal spirits reignition (as well as Chime filing for IPO, but also don’t underestimate the Knicks in the ECF for tradfi morale)

► 2nd round presidential election in Romania, much more important than usual for global geopolitics