Crypto Markets Tepidly Plunge Just When You Thought It Was Over – Like a Bad Soap Opera 📉
In the grand theatre of financial folly, Bitcoin, that capricious jester, has once again fallen victim to its customary Sunday slump, slipping temporarily below the illustrious $88,000 mark. Ah, the eternal dance of gains and losses-more repetitive than the seasons, and just as inevitable.
“Mass amounts of economic data from the government shutdown have officially arrived,” proclaimed the venerable Kobeissi Letter, as if the economy were a grand holiday feast rather than a chaotic mess. This week’s inflation reports promise excitement-brace yourselves or hide under the table,”
Meanwhile, President Trump, ever the carnival barker, boasts of his tariffs bringing in a staggering $18 trillion-though one wonders if he counts the imaginary or the actual. The crypto titans received conditional blessings to become national trust banks-ha!-yet markets still found reason to grumble and fall. Such is life in the rollercoaster economy.
Economic Spectacle December 15-19: Who Needs Netflix?
On Tuesday, all eyes will turn to October’s retail sales figures and the November jobs report-each a potential plot twist. Strong employment might sway the Fed to stay cautious; weak numbers could send policymakers into a panic, like a squirrel crossing a busy street without looking.
Manufacturing and services PMI are also scheduled-perhaps revealing whether the economy’s engine is chugging or sputtering. Thursday’s CPI inflation report will decide if prices are finally giving us a break or just mocking us further. The Philadelphia Fed’s regional index will give additional hints-perhaps about the industrial pulse or just some regional gossip.
Friday promises a feast of data-Core PCE Price Index, home sales, inflation expectations, consumer sentiment-the whole circus, all vying for attention. Because who doesn’t love a little financial drama on a Friday afternoon?
Key Events This Week:
1. October Retail Sales – Tuesday
2. November Jobs Report – Tuesday
3. November CPI Inflation – Thursday
4. Philly Fed Manufacturing Index – Thursday
5. October PCE Inflation – Friday
6. November Existing Home Sales – Friday
– The Kobeissi Letter (@KobeissiLetter) December 14, 2025
The cunning report from Barchart suggests these figures will not just inform but heavily sway the market’s mood-early 2026 promises to be a memorable episode, or a nightmare, depending on your perspective. 💼
Crypto Outlook: The Never-Ending Soap Opera
As if on cue, crypto markets decided to throw a tantrum just as the week was beginning. Bitcoin, that unpredictable hero, dipped below $88,000-briefly, but enough to send shivers. It clawed back above $89,000 in Asian markets, like a stubborn cat refusing to stay down, yet still the week’s low point. 🐱
Some analysts whisper darkly that the Bank of Japan’s imminent rate cut-expected on Friday-is the culprit; others dismiss it, claiming it’s already baked into the cake. Ethereum, the steadier cousin, held above $3,000-perhaps resting, perhaps plotting its next move. Most altcoins, however, are deep in the red, ready for more chaos in the coming days.
Gird yourselves, dear readers, for volatility and surprises-because in the world of crypto, unpredictability is the only certainty. 🚀
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2025-12-15 10:28