How to Manage Risk on Your Trades + What the Macro PPI Data means for Markets | Ep 589
Good now revolutionaries—
Thursday wrap with a hot inflation print. PPI came in at 6.3% versus 5.3% expected — a FULL percentage-point miss — and crypto broke live on-air. Will's second short of the week was already open (50% of his account, high conviction) and started printing immediately. The FedWatch odds for an October hike moved 20% → 25-30% on the day. Kevin Warsh speaking at the IMF 10:30pm tonight — fireside chat, could leak forward direction. The run-up: Alex closed his Quant long yesterday just before BTC nosedived, Quant dropped from $200 to $190 in seconds. Will's own short…
The skinny
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