📈 MainSpring ETFs- 75bp Cut? Are BTC ETFs real?

9.17.2024 | Daily ETF Market Morning Spring

In partnership with

Tuesday, September 17th, 2024  

Good morning investors,

If you enjoy reading MainSpring, please, share the love. As always, please send us feedback at [email protected]

Data reflects end-of-day ETF market data for Monday, September 16th, 2024

🦾 Master AI & ChatGPT for FREE in just 3 hours 🤯

1 Million+ people have attended, and are RAVING about this AI Workshop.
Don’t believe us? Attend it for free and see it for yourself.

Highly Recommended: 🚀

Join this 3-hour Power-Packed Masterclass worth $399 for absolutely free and learn 20+ AI tools to become 10x better & faster at what you do

🗓️ Tomorrow | ⏱️ 10 AM EST

In this Masterclass, you’ll learn how to:

🚀 Do quick excel analysis & make AI-powered PPTs 
🚀 Build your own personal AI assistant to save 10+ hours
🚀 Become an expert at prompting & learn 20+ AI tools
🚀 Research faster & make your life a lot simpler & more…

Yesterday’s Empire State Manufacturing Index beats expectations.... +11.5% vs -3.9% expected.... but nobody cares.... 😅 🤣 

What’s going on in the pond?

25bps, 50bps, or 75bps of Cutting?

Yesterday’s Morning Spring mentioned the growing uncertainty around whether the Fed would cut 50, or 25 bps. A small group within the government, led by Elizabeth Warren, is pushing hard for the fed to cut 75bps! What the Fed will do remains top of mind for the market and investors. At this point no matter what happens assets will find a way to overreact to the Fed’s ultimate decision on first cuts.

BlackRock, Coinbase, and the Bitcoin ETFs:

Coinbase was caught in a crossfire with accusations of whether or not BlackRock holds real Bitcoin in their ETFs! This is hilarious to me because the GoldBugs have been beating the drums on this same issue since the inspection of “paper gold” ETFs, which dramatically increased the claims on real gold….

Coinbase CEO, Brian Armstrong, did his best to assure the market this is not the case, saying: TRUST ME! 🤣 

What I am reading today:

These are things I have found interesting, novel, or educational. Popular sites include TrackInsight, ETF.com, Bloomberg & ETF Trends

Are you liking this Newsletter, honestly?

Please let me know how you feel about this newsletter, it is getting better each day, but I need some feedback!

Login or Subscribe to participate in polls.

Please reply and let me know what you’d like to see, anything you think would be useful, or insightful.

Life is rich,

DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell assets or make financial decisions. Please be careful and do your own research.

Reply

or to participate.