Markets went all wild after that Friday jobs print and now everyone’s betting on another Fed hike like it’s the hottest degen play 🖤. Inflation prints are gonna decide if BTC keeps climbing or tanks hard 💀.
Market Scene This Week 🌙
Monday looks dead quiet because US markets are shut for Labor Day. Tuesday has zero big stuff and Wednesday’s 10-year note auction probably won’t touch crypto at all. Thursday drops the August PPI numbers and that’s the first real vibe check.
Economists see headline PPI up 0.4% month-over-month while core PPI is calling for 0.3% 🔥. Yearly producer inflation could jump from 4.7% to 5.4% and hotter numbers might scream that prices are reheating especially with oil spiking from the Middle East drama 🕸️.
Friday is the heavier day for every risk asset including our favorite coins. CPI is expected to land around 3.3%-3.4% yearly with core CPI easing from July’s 2.5% 🌹. The actual prints could flip rate-hike odds instantly and slam BTC if they come in hot.
FOMC Countdown Mood 🦇
With Warsh sounding all hawkish at Jackson Hole plus that monster jobs report, this week’s inflation tea leaves will shape what the Fed does on September 16 🐈⬛. Bitcoin already dropped 2,000-3,000 dollars on the news and sat near 80,000 even while bearish whispers got louder. Another spicy CPI read would crush any bullish dreams right before the meeting.
Key Events This Week:
1. US Markets Closed, Labor Day – Monday
2. US 10Y Note Auction – Wednesday
3. August PPI Inflation data – Thursday
4. August Existing Home Sales data – Thursday
5. August CPI Inflation data – Friday
6. September MI Inflation Expectations data -…
— The Kobeissi Letter (@KobeissiLetter) September 6, 2026
Just another echo from the void by iconofsin.eth 💖