Two things to watch this week: January Inflation numbers and Crypto regulation update

  • Companies like Coca-Cola and Airbnb are going to announce their results. I am kind off curious about how Airbnb will do. I have been tracking it to in a post pandemic world.
  • The Labor Dept will release the Consumer Price Index (CPI) for January this week. This is a super important metric. This will show if the Fed has finally got control on inflation.
  • The Senate Committee on Banking will discuss crypto on Tuesday. This will be a super critical thing to watch. It will have an impact on crypto prices, but most importantly it may lay out a direction on how the regulation of crypto will take shape in 2023.