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
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
Polygon gains US payments licenses after closing Coinme deal
The deal gives Polygon access to 37 money transmitter licenses and 11 state exemptions. Source：Cointelegraph
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
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…
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…
CoreWeave’s AI bonds tumble, raising red flags for the wider market
CoreWeave’s bonds issued six months ago fell to 81 cents on the dollar earlier Wednesday, yielding more than 15% Source：MarketWatch
What to expect at the next Fed meeting now that rate-hike odds are rising
Market participants and economists are split on the question of whether or not the Federal Reserve will raise interest rates by another quarterpoint in two…