Point of View: The Federal Reserve Has Over-Eased, with a 65% Chance of Stagflation in the United States

June 10: On-chain investigator Specter has issued a security advisory flagging a potential exploit in an older liquidity pool of Solana’s DeFi protocol Raydium. The attacker stole approximately $1.34 million worth of assets—including USDC, RAY, and wSOL. The hacker then transferred the stolen funds to Ethereum via a bridge before depositing them into Tornado Cash to protect their privacy.

June 10. A new article from The Wall Street Journal’s Nick Timiraos—widely nicknamed the "Fed Whisperer" for his granular coverage of central bank policy—argues the May consumer price index (CPI) report hasn’t offered a clear signal for the Federal Reserve’s next policy moves. While core inflation cooled modestly in May, that single-month improvement is overshadowed by higher headline inflation readings and a firmer overall demand backdrop. Timiraos notes a pause in interest rate hikes would require a sustained string of cooling data points, not just one standout soft print this month. More critically, the forces driving price increases have shifted. Tariffs are no longer the main culprit; instead, inflation is being fueled by a triple combo: energy price shocks, capital expenditure demand from the AI construction boom, and wealth effects. This layered pressure is giving businesses consistent ability to pass higher costs onto consumers—harder to ignore than the tariff-driven pric

June 10 – Per Bitget market data, Oracle’s shares rose by 2% during regular trading hours, and the company is scheduled to release its fourth-quarter fiscal 2026 financial results after market close today. The Wall Street consensus forecast projects Oracle will post approximately $19.1 billion in revenue, with adjusted earnings per share (EPS) of around $1.96. Against the backdrop of sustained growth in AI infrastructure demand, investors will focus on several key elements from Oracle’s report: the expansion of its Oracle Cloud Infrastructure (OCI) business, changes to AI-related order backlogs and Remaining Performance Obligations (RPO), as well as management’s latest guidance for fiscal 2027 growth prospects. As one of the world’s leading cloud infrastructure providers, Oracle has stepped up investments in AI data center construction in recent years, including deep involvement in large-scale AI infrastructure projects such as OpenAI’s "Stargate" initiative. The market believes any

June 10: On-chain analyst Ai Auntie (@ai_9684xtpa) reports that address 0xa2e…f1468 deposited $3 million in USDC into Hyperliquid two hours ago, then opened a 20x long position on 36,826 ETH. The position has a total size of $61.13 million, an entry price of $1,620.6, and the trader quickly realized a profit of $1.608 million.

June 10: "White-Haired Stock God" Serenity weighed in on the U.S. stock market’s pre-market session, noting that the optical communication sector turned positive, with AAOI and AXTI surging sharply. Serenity expressed satisfaction with the slight rebound in optical concept stocks, highlighting names like LITE, AAOI, and SIVE. He added that the prior market sell-off was nothing but foolishness.

BITCOIN SURGES PAST $62K, LIFTING U.S. CRYPTO-RELATED STOCKS IN MORNING TRADING June 10 – Per Bitget market data, U.S. crypto stocks rallied in Thursday morning trading following Bitcoin’s breakthrough above $62,000. Key gainers among these equities: MicroStrategy (MSTR) +3.32%, Coinbase (COIN) +3.7%, Circle (CRCL) +2.4%, BitMine Immersion (BMNR) +0.4%, SharpLink Gaming (SBET) +1.7%.