📈Ithaca Protocol Market Update

► Equity nets declined last week; institutional investors starting to fade the equity rally

► US CPI consensus 29bps core; Cleveland Fed 23bps nowcast; 5 months in a row miss?

► Rates vol has collapsed

► Polymarket odds for Powell removal by year end at 19%

► Russia / Ukraine escalation

► Japan bond yields hovering near the all time highs; ahead of July20th upper house election worth watching closely for drama

► PumpFun aftermath; ambitions to compete with TikTok, 25bps tokens missing, a statement by the Solana ecosystem at a time of Ethereum resurgence