Next week this market could get a bit rough; it looks like there’s nothing much going on over the weekend.

But the real “mines” are all being packed in further back.
July 28–29 is the FOMC meeting. Originally, the market widely expected this time to hold steady, but oil prices surged. While I think it probably won’t stay elevated for long, inflation worries are back, and interest-rate futures have already priced in about a 38% chance of a rate hike. The yield on the 10-year US Treasury also briefly climbed above 4.7%—that’s the combination risk assets most don’t like.
And to make matters worse, in the same week, AI giants such as $MSFT, $META, $AMZN , and others are also set to report earnings in a concentrated cluster. Alphabet’s numbers weren’t bad, but it still got disliked by the market for continuing to expand AI spending—showing that just talking about growth isn’t enough anymore. People have started to seriously ask: when exactly will the money being put in come back?
These days, $BTC has been cruising—like everyone is just waiting for the answer. Next week won’t be a single-direction bet. The US stocks, the US dollar, US Treasuries, and Crypto are likely to be repriced all together.
Over the weekend, it’s the easiest time to make people want to trade—so steady your mind, go touch some grass.
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