Market Pulse

Market Pulse: Core PCE, Income & Spending In Line, Markets Hold Steady

Updated: Sep 1, 2025

Published: Aug 29, 2025

Markets are moving fast. Major headlines, big pivots, and sharp price action are shaping the week, and this update breaks it all down.

Disclaimer: This is not financial or investment advice. You are responsible for any capital-related decisions you make, and only you are accountable for the results.

Data Is Out: Core PCE, Personal Income and Personal Spending

Core PCE MoM: Consensus 0.3%, Actual 0.3%
Personal Income MoM: Consensus 0.4%, Actual 0.4%
Personal Spending MoM: Consensus 0.5%, Actual 0.5%

The data comes out perfectly in line, with the market reaction essentially muted - because the data is in line and that's what the market was priced for.

So What‘s Our Positioning From Here?

We remained positioned, and this doesn't change our near-term outlook with a September cut still priced highly at 87%. We'll still look for dip-buying opportunities should we get them.

BTC continues to remain range-bound between $108k-$112k. A reclaim of $116,600 would be the bullish reversal.

BTC Chart:

BTC chart price action