BlackRock's Fink names a U.S. recession trigger, sounds alarm over $40 trillion national debt
BlackRock's CEO says "a moratorium of some sort" on data center buildouts would put the U.S. in a recession. Source：CoinDesk
Nearly $1 billion in crypto bets liquidated as bitcoin, ether and XRP slide
Ether accounted for nearly 60% of the forced closures across the two largest cryptocurrencies, falling roughly twice as much as bitcoin. Source：CoinDesk
Bitcoin mining pool once handling 2.3% of network shuts after hashrate falls 65%
Computing power directed at Binance Pool has fallen from 26 EH/s in December to about 9 EH/s. Its remaining miners must choose another provider before a Nov.…
Bitcoin is back below $81,000 as Fed rate uncertainty weighs
Bets on an October Fed rate hike briefly spiked to nearly 50% after Wednesday’s inflation report, but have since cooled. Source：CoinDesk
Bitcoin miners plunge up to 13% in Wall Street’s worst selloff since July
TeraWulf, Core Scientific, Cipher Mining and IREN each lost more than 12% as hotter inflation hit AI infrastructure companies. Source：Cointelegraph
Anthropic’s slowing growth could be the AI trade’s latest red flag
Anthropic’s revenue growth appears to be cooling as the company prepares for its public debut, further stoking investors’ AI jitters Source：MarketWatch
The AI trade is splintering as inflation fears rattle hyped-up tech stocks
Investors are wondering if steep inflation and increased borrowing costs could derail the AI buildout. Source：MarketWatch
Rocket Lab’s stock slides as the company pushes back Neutron’s first launch
Neutron, a mediumlift rocket meant to rival SpaceX’s Falcon 9, will no longer launch this year. Source：MarketWatch
You’re probably too invested in equities. Why a 60-40 portfolio is still the smart way to go.
For most of U.S. history, an allstock and a 6040 portfolio have run neckandneck for trailing 30year returns. Source：MarketWatch
Big banks see risks in financing the AI boom, but are happy to keep writing the checks
The CEO’s the U.S.’s biggest banks all chimed in on the risks of related to the massive AI buildout, but how there’s still no sign that investments need to…
From a record high to a 10% drop in just two months: Why small-cap stocks have unraveled so fast
Buckle up: Smallcap stocks just hit a market milestone they’d rather avoid. Source：MarketWatch
The COLA wars are coming for Social Security
The annual costofliving adjustment may soon be capped, curtailed, meanstested or scrapped altogether under various proposals being actively considered…