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👀 The FED Whisper Changed Market Sentiment?

Welcome back to the seek. My oh my there is a FED whisper giving out advice, count me in 🤯. Will this affect all of my crypto investments? Details inside...

Yo, welcome to The Seek. Now the crypto market is down but luckily my newsletter is up., Let's get into it 👇

Here is what to expect today:

  • The FED Whisper Changed Market Sentiment?

  • Walmart Is Bullish On Crypto

  • House Sold As An NFT

  • Important dates for the week

  • The weekly meme :)

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FED WHISPER CHANGED FINANCIAL SENTIMENT

Nick Timiraos, The FED Whisper, stated the Federal Reserve will be pivoting soon. Big bet Mr. Timiraos.

Why would I listen to this man:

  1. He sits in front of the FED decision every interest rate decision

  2. Theories he gets leaked information from the FED before it happens

  3. Has called many important FED pivots 2 months before, which played out perfectly (ex: winding down stimulus in 2021, FED doing 75 basis point hike, a lift in rates in July)

Let's hear this guy out. He recently posted an article about a FED pivot. Don't worry I read it so you don't have to ☟

Nick Timiraos expects the FED to discuss a FED pivot in rate aggression to come in December. Meaning they are going to lower the interest rate hikes. Every investor has been begging for this to happen and if plays out the charts may be looking greener than grass on a good summer afternoon.

Make sure to keep an eye out for November 2nd and December 14th for the FED Rate Discussion. The Seek has their eye on you Mr. Timiraos.

WALMART IS BULLISH ON CRYPTO

The CTO of Walmart, Suresh Kumar, in an interview outlined Walmart's strategy within the crypto sector. This proves my point, crypto is here to stay. Don't be like these guys in a few years ☟

I'll sum this interview up for you. Suresh Kumar, like most of us, believes that crypto will be a major disrupter in the future of the retail sector. Dang if he thinks that then he should join the newsletter 🤪

He confirmed Walmart has been expanding into this newest form of e-commerce. He hints at how they might implement this by stating "Crypto will become an important part of how customers transact."

One thing I got from this interview was that he was very enthusiastic about Crypto. If Walmart enters the crypto space there may be a huge snowball effect soon to come after.

HOUSE SOLD AS AN NFT

This weekend someone bought a house in South Carolina for $175,000, but not just any house, it's an NFT house. NFTs with utility, a rare siting 😱

The buyer bought the Home from the Roofstock onChain NFT marketplace. Now, imma give you a summed-up version of how this works.

The owner of the house wishing to sell their real estate mints an NFT representing the ownership of the house. Then a buyer simply purchases this NFT and now owns the property.

This process is bypassing the traditional real estate process of getting a real estate agent and so forth.

IMPORTANT DATES FOR THE WEEK

  • 11/02/2022 - Federal Funds Rate

  • 11/02/2022 - FOMC Statement

  • 11/02/2022 - The Seek Newsletter

THE WEEKLY MEME

That wraps it up, stay tuned for next Wednesday. If you haven't seen last weeks news then you need to check this out 👇

DISCLAIMER: The Seek does not provide any financial advice. This newsletter is strictly for educational purposes and should not be used to make any financial actions. Please be careful and do your own research.