What’s moving the markets TODAY 4/19/23 edition

• Continued testimony regarding crypto in DC
• UK CPI came in HOT
• New Zealand CPI
• Speeches from ECB's Lane & Schnabel
• Fed's Goolsbee
• BoE's Mann
• SNB's Schlegel
• Supply from the US
• Earnings from American Airlines, IBM, Tesla, Morgan Stanley & Abbott

The day starts red….we should see a lot of movement today based on the inflation numbers out of the UK. We have to hope it’s not an indicator for US CPI. But the hawks got some ammo today.

Multiple people will be working with congress today to better educate the legislators on what crypto is and how it works. It feels like positive steps towards better regulation, but it’s difficult to determine sentiment at the moment.