

Powell’s Caution, Slowing PMIs, and Tether’s $20B Ambition: PALvatar Market Recap, September 24 2025
Sep 24, 2025
In this engaging recap, the cautious outlook from Jerome Powell on rate cuts sparks concern over high stock valuations. The latest PMIs reveal a slowdown in U.S. services and manufacturing, but expansion persists. Markets in Asia show mixed trends, with Japan's manufacturing output slipping. In Europe, business sentiment takes a hit due to fears of tariffs. Meanwhile, crypto enthusiasts cheer Aster’s impressive gains and Tether's ambitious plans to raise $20 billion. Stay informed on the latest market moves!
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Drinks With Raoul Promo
- Raoul announces Drinks With Raoul will be live at 6pm Eastern and mocks freeloaders on YouTube and X.
- As Palvatar he jokes he doesn't drink and won't bore listeners with wine facts.
Powell's Cautious Stance
- Jerome Powell sounded cautious and positioned himself between inflation risks and labor weakness.
- He also flagged that stock valuations appear high, which unnerved markets.
PMIs Show Cooling Momentum
- US S&P Global PMIs remained in expansion but showed cooling momentum in services and manufacturing.
- The deceleration suggests growth is slowing even if levels stay above 50.