What the Market Is Not Pricing in as a Possible Recession Looms

Welcome to the news. Here are some of the stories making headlines today.

• Canada's Conservatives set to embrace populist to take on Trudeau: The Conservative Party of Canada is turning to populism to try to win back voters from Prime Minister Justin Trudeau's Liberal Party.
• Breakingviews: A column that provides analysis and commentary on financial news.
• MicroStrategy's Michael Saylor accused of dodging $25 million in DC tax after he showed off his luxury penthouse flat on Facebook: Michael Saylor, the CEO of business intelligence software company MicroStrategy, is accused of avoiding paying $25 million in taxes to the District of Columbia by pretending to live in Florida.
• The market is laser focused on the Fed, but there are other risks investors are not pricing in as a possible recession looms: The Federal Reserve's meeting this week is the focus of the markets, but there are other risks that investors are not pricing in, such as a possible recession.
• US stocks extend losing streak as drop in jobless claims adds to fears of aggressive Fed rate hikes: US stocks fell for a fourth straight day as a drop in jobless claims added to fears that the Federal Reserve will raise interest rates sooner than expected.
• Minnesota pawn shop owner claims to have discovered lost photos from the Nanjing Massacre: A Minnesota pawn shop owner claims to have discovered lost photos from the Nanjing Massacre, one of the darkest episodes of World War II.
• Washington, DC Sues Tech Billionaire For Allegedly Evading $25M in Taxes by Pretending to Live in Florida: The District of Columbia is suing technology billionaire Robert Mercer for allegedly evading $25 million in taxes by pretending to live in Florida.
• The Next Bitcoin Explosion: Bitcoin is on the verge of another price explosion as more institutional investors pile into the digital currency.
• David Rubenstein talks to Sam Bankman-Fried (Podcast): In this episode of the "What's Next" podcast, host David Rubenstein talks to Sam Bankman-Fried, the CEO of cryptocurrency exchange FTX.
• All Eyes Are on the BlackRock-Coinbase Partnership: The partnership between BlackRock and Coinbase is the latest sign that institutional investors are taking cryptocurrency seriously.
• Snap Falls Victim to TikTok's Rapid Growth: Snap Inc. is the latest victim of TikTok's rapid growth, as the social media app signed a deal with the NFL to livestream games.
• Why Bitcoin, Coinbase, and Silvergate Capital Are Falling Today: Bitcoin, Coinbase, and Silvergate Capital are all falling today on news that the SEC is investigating Coinbase for possible securities violations.
• I Lost 58% on Ethereum. Here's Why I'm Not Selling: I lost 58% on Ethereum, but I'm not selling. Here's why.
• Cardano Is Now on Robinhood. Should You Be Bullish?: Cardano is now available on Robinhood, but should you be bullish on the cryptocurrency?
• 17 Best crypto casinos: Top cryptocurrency online casinos for crypto games & generous bonuses: These are the 17 best cryptocurrency casinos, where you can play games with bitcoins, ethereum, and other digital currencies.
• Crypto Price Today: Bitcoin holds $20,000; other altcoins fall up to 4%: Bitcoin price today is $20,000, while other altcoins fall up to 4%.
• The Fed’s ‘Great Pause’ Could Be Huge For Crypto And The Price Of Bitcoin, Ethereum, BNB, XRP, Solana, Cardano And Dogecoin: The Federal Reserve's "great pause" in interest rate hikes could be big for cryptocurrency and the price of Bitcoin, Ethereum, Binance Coin, XRP, Solana, Cardano, and Dogecoin.
• In Bear Crypto Markets, All Roads Lead To Bitcoin: In bear cryptocurrency markets, all roads seem to lead to Bitcoin.
• Bitcoin, Ethereum Regulation Likely To Wind Up Mainly Under CFTC: Bitcoin and Ethereum regulation is likely to wind up being mainly under the jurisdiction of the Commodity Futures Trading Commission.
• Solana Led Major Cryptocurrencies Lower Today—Where Is This Digital Asset Headed Next?: Solana led major cryptocurrencies lower today. Where is this digital asset headed next?
• This Week In Credit Card News: Financially-Stressed Consumers Finding New Ways To Just Pay For Food: This week in credit card news, financially-stressed consumers are finding new ways to just pay for food.
• A Conversation On CBDCs, With Jamiel Sheikh, Of CBDC Think Tank: In this conversation, Jamiel Sheikh of CBDC Think Tank discusses central bank digital currencies.
• DTCC’S Bold Blockchain Bet Hinges On Sign Off From JPMorgan Chase, State Street And Other Custodians: The DTCC's bold bet on blockchain hinges on the sign-off from JPMorgan Chase, State Street, and other custodians.