🚨 CPI Chaos: Will Crypto Survive the Fed’s Wild Ride? 🎢

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🤑 Crypto markets have been doing the weekend waltz, with minor gains for the big shots, but no one’s breaking out the champagne just yet. 🎉 Despite the U.S. government’s epic shutdown nap, the week ahead is spicier than a Mel Brooks punchline-with a delayed inflation report that’s got the Fed sweating like a villain in a comedy sketch. 😓

Last week, Fed Chair Jerome “The Rate Cutter” Powell hinted they’re still on track to slice interest rates like a deli worker on a lunch rush. 🥪 Meanwhile, the market’s got one eye on Trump’s 100% China tariff deadline-November 1st, folks! Mark your calendars, or don’t, we’re not your mom. 📅

Economic Shenanigans Oct. 20 to 24

Thursday’s existing home sales data? Snooze fest. 😴 But Friday? Oh, Friday’s the main event! The Consumer Price Index (CPI) report, delayed by the shutdown, is finally here-and it’s the first Friday release since 2018! 🎉🎉🎉 The Labor Department’s like, “No other releases until the shutdown ends,” because apparently, they’re saving their energy for the big show. 🌟

“This comes during a highly pivotal time for the Fed as they debate whether to continue rate cuts or not.” 🧐

Also on Friday: October’s services PMI and Michigan Consumer Sentiment data. Because why have one report when you can have a trifecta? 🏇

Key Events This Week (or, as we call it, “The Week of Chaos”):

1. ~10% of S&P 500 companies report earnings-popcorn ready! 🍿

2. US Crude Oil Inventory data – Wednesday (black gold, baby!) 🛢️

3. September Existing Home Sales data – Thursday (yawn) 😴

4. September CPI Inflation data – Friday (the main event!) 🎪

5. October Services PMI data – Friday (double trouble!) 🎲

6. October MI Consumer Sentiment… (triple threat!) 🎭

– The Kobeissi Letter (@KobeissiLetter) October 19, 2025

And let’s not forget Tesla, Intel, and IBM reporting earnings this week. Because what’s a wild week without tech giants stealing the spotlight? 🚗💻

Crypto Market Outlook (or, “Will Your Coins Survive the Madness?”)

Total crypto cap is up 2% in the last 24 hours, hitting $3.85 trillion. Bitcoin’s leading the charge, hitting $110,500 like it’s got a rocket strapped to its back. 🚀 Ether’s back at $4,000, and altcoins are partying like it’s 2021-Dogecoin, Cardano, Chainlink, and Sui are all in the green. 🌈 Analysts? They’re sipping their coffee, saying the bull market’s not dead yet. ☕

So buckle up, buttercup-this week’s gonna be wilder than a Mel Brooks movie marathon! 🎬

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2025-10-20 09:47