"Watch Your Step!"

Hi There! I was quite taken aback by some statistics I stumbled upon recently, which highlighted how physical inactivity contributes to over 3 million preventable deaths globally each year. Yes, you read that right. It turns out that sitting for extended periods can lead to a myriad of health issues, affecting everything from our hearts to our digestive systems. As we Spring forward, here are some tips to help combat the sedentary lifestyle:

• Opt for Walking or Cycling: Try to walk or bike whenever possible, especially for short trips. It's a simple yet effective way to stay active.

• Standing Desk: At work, use a standing desk. It helps avoid sitting for too long and keeps the energy flowing. If you're not ready for that, simply standing while reading emails or chatting on the phone can make a difference.

• Integrate Movement Into Your Day: You don't need to hit the gym to stay active. Adding small activities, like doing a bit of stretching in the morning or a short walk after lunch, really helps.

• Take the Stairs: Skip the elevator and take the stairs whenever possible. It's a simple change but adds up over time.

• Add Extra Steps to Your Day: Something as simple as getting off the bus one stop early or parking a bit further from the store entrance can increase your daily step count.

• Move During TV Breaks: Make it a point to stand up and move around during TV or commercial breaks. It's a great time to stretch or maybe do a quick exercise.

Remember, a little movement goes a long way!

Alright, let’s dig in!

Last week the financial markets was a roller coaster of events.

• Market Rally Continues: The optimism for a "soft landing" in the economy was reignited by the February Jobs Report, showing the unemployment rate dropping to 3.9%. This improvement suggests the Federal Reserve might consider rate cuts if unemployment stays above 4% next month.

• Stock Market Dip: Despite the overall positive trend, stocks took a hit last Friday, marking the Dow's worst week since October. Notably, Nvidia's rally came to an abrupt halt.

• Crude Oil Down: The crude oil market saw a weekly decline, driven by weak demand from China and the International Energy Agency's assessment of a well-supplied market.

Here are other key highlights from last week:

• Metaverse experiences with major brands, artists and DJs drive The Sandbox’s ($SAND) resurgence

• Revolut Launches Direct Crypto Purchase Into MetaMask Wallets in Bid to Simplify Web3

• PlayStation goes crypto - Sony seeks patent for “Super Fungible” gaming tokens

• Chainlink & Polygon investors eye DeeStream’s (DST) first-ever Web3 Streaming Platform

This week’s development have given investors and analysts plenty to ponder:

• Bitcoin's Record High: Kicking off the week, Bitcoin surged to an unprecedented $74,000, capturing the attention of investors and traders alike.

• Inflation Concerns: Despite hopes for cooling inflation, both the Consumer Price Index (CPI) and Producer Price Index (PPI) reports indicated higher-than-expected figures for the second consecutive month, raising eyebrows at the Federal Reserve:

  • The CPI rose 3.8% year-over-year, slightly down from January's 3.9% but still above the anticipated 3.7% increase.

  • U.S. inflation rates remain well above the Fed's comfortable 2% target, with the PPI jumping 0.6% monthly, double the expected 0.3%, signaling persistently high inflation.

  • This sticky inflation scenario suggests the Fed might postpone the expected June interest rate cut, potentially adjusting market expectations for any rate cuts this year.

• Fed Silence: This week, no Federal Reserve speakers are making public comments as the institution enters a pre-meeting blackout period before the March 20 rate decision.

• Retail Sales Underwhelm: Retail sales data came in lower than anticipated, with only a 0.3% rise, pointing to cautious consumer spending.

• Key Economic Indicators on Friday: Important economic indicators to watch on Friday include the New York Fed Manufacturing Index, Industrial Production data, and Consumer Sentiment figures. These reports will provide further insights into the state of the U.S. economy and potential market directions.

The most anticipated earnings releases this week are outlined in the chart below.

Trading Tip: Triple Witching on Friday 3/15/2024, historically mixed market!

Week 3/03/24 - 3/09/24 Recap

Special Tools and Strategies

In our last issue (Issue #70), we dived deep into the world of crypto narratives and why they're important in understanding and securing profits in the crypto space. This time, we're spotlighting a project that's catching eyes in the realm of Real World Assets (RWA): Ondo Finance ($ONDO).

What is Ondo Finance?

Ondo Finance is not just another crypto project. It's a gateway to making complex investments simpler and more accessible, embodying the essence of the RWA narrative in crypto. As crypto space evolves, Ondo represents a bridge between the tangible and digital worlds.

Think of Ondo Finance like a digital piggy bank, but much smarter and more versatile. Instead of just saving your money, Ondo lets you lend it out to others or borrow from them, right from your computer or phone. It's built on technology that acts as the middleman, making sure everyone plays by the rules. This way, you can potentially grow your savings by earning interest when you lend, or get access to funds you need by borrowing.

Ondo Finance and the Real World Assets (RWA) Narrative

• Connecting Two Worlds: Ondo is part of a bigger story where the digital finance world meets real-life assets like government bonds or company debts.

• Ease and Access: It's all about making investments in these real-world assets more accessible to everyone, not just the big players.

Ondo Products

• Flux Finance: Think of it as your digital money growing plant. You lend out stablecoins (a type of digital currency that's designed to be stable) and get back a digital note (fTokens) that promises you more money later.

• Tokenizing Real Assets: Ondo is turning real things, like U.S. Treasuries or money market funds, into digital tokens you can easily trade, making these traditionally elite investments available to all.

Ondo’s Future

• Global Reach: They're expanding, especially in the Asia-Pacific region, to bring their innovative investment options to a global audience.

• Market Transformation: Part of a broader movement to simplify investing in significant assets through technology, aiming to unlock new opportunities for everyday investors.

  

  From blog.ondo.finance

Do Your Own Research (not financial advice)!

Disclaimer: This newsletter is strictly educational. The information this report provides does not constitute investment, financial, trading, or any other advice. You should not treat any of the report’s content as such. Please be careful and do your research.