The best way to make money from trading? Prop firms

And our favourite prop firm is Lark Funding. Use code MARCH10 for 10% off all of their challenges.

☕️ GM Munchers! I've got good news and bad news. The good news: Inflation finally cooled down after four long years. The bad news: Now the market’s acting like my wife—finding something new to worry about (hello, recession fears!). But don't stress; we're here to break it down for you.

On today’s menu:

• 🥵 Inflation Just Dropped—What the Fed's Thinking Now

• 🇨🇦 Bank of Canada Cuts Rates—Again

• 📈 Nasdaq Bounces Back—Here’s Why

• 😍 This Trader Made Over $40,000 With Prop Firms

• 🥱 Crypto Market Snooze-Fest Continues

• 🇺🇲 The US Budget Deficit Surges

MARKET OVERVIEW

🥵 Inflation Just Dropped—What the Fed's Thinking Now

Well, traders, the February CPI report just dropped, and inflation is cooling faster than my morning coffee.

Here’s what you need to know:

• Monthly CPI came in at +0.2%, below the expected 0.3%. That’s the smallest monthly increase since October.

• Annual headline inflation is at 3.2%, down from last month's 3.3%.

• Core CPI (minus food & energy) landed at 3.1%, the lowest level since 2021.

Translation: Inflation is finally chilling out. 🥳 

But wait, there's more good news: real weekly earnings ticked up +0.1%, reversing January's negative number.

Wage growth isn't amazing, but hey—it beats watching your paycheck evaporate faster than my wife's Target budget.

So, What Does This Mean For Powell & Co.?

Lower inflation means Jerome Powell and his pals at the Fed just got the green light they've been praying for: room to cut rates later this year.

Traders are whispering about a potential turning point on policy, hoping the Fed’s "higher-for-longer" rate stance is officially toast.

💡 Pro Tip: When interest rates get cut, it typically weakens a currency and vice-versa.

Here's the twist, though: markets didn't pop champagne quite yet. You'd expect a big rally with inflation behaving itself, but instead, we got a collective "meh."

Here’s how the markets moved yesterday:

• S&P 500 📉 

  

• Nasdaq 📈 

  

• Dow Jones 📉 

  

Why the muted reaction?

Well, with Canada and Europe slapping tariffs back at the U.S., this trade war has turned into the economic version of a middle-school slap fight—no one's seriously hurt yet, but everyone’s too nervous to dance.

The takeaway: The inflation dragon isn't fully slayed yet, but Powell now has more ammo than ever to start thinking about those sweet, sweet rate cuts.

SPONSORED BY LARK FUNDING

Wanna add an extra $2,800 to your wallet? 😏

Wanna add an extra $2,800 to your wallet? 😏

That's what the average trader gets paid at Lark Funding.

Stack that over a year, and you’re looking at $33,600. Talk about a lifestyle upgrade.

How can you get in on this?

Easy. Start with as little as $35 and test your trading skills in a prop firm evaluation. Pass the test, and keep up to 90% of the profits you earn in your Lark Account.

Oh, and because Lark loves the Munch fam, they're giving you 10% off any challenge.

Just use code: MARCH10

CENTRAL BANKS

🇨🇦 Bank of Canada Cuts Rates—Again

While everyone's eyes were glued to the U.S. inflation data today, Canada quietly dropped another rate cut bomb—its seventh in a row.

Yep, you read that right: the Bank of Canada (BoC) trimmed interest rates by another 25 basis points to 2.75%.

Why?

Two words: tariffs and uncertainty.

BoC Governor Tiff Macklem pointed directly at Trump’s tariff chaos, highlighting how trade tensions are clouding Canada’s economic outlook.

Macklem says that the ongoing tit-for-tat tariffs (and Canada’s own $29.8 billion tariff retaliation) risk slowing growth, softening the job market, and adding fuel to inflationary pressures.

Here's how aggressively Canada has been chopping rates: they've now sliced off 225 basis points in just nine months, making the BoC one of the most rate-cut-happy central banks in the world.

Despite today’s cut, inflation in Canada is still expected to tick higher next month (2.5% in March, up from 1.9% in January), partly due to the expiration of a temporary sales-tax break.

Markets are already betting on a 45% chance of another cut in April, which means the BoC isn’t likely done wielding the scissors just yet. ✂️

STOCKS

📈 Nasdaq Bounces Back—Here’s Why

The Nasdaq snapped back into action today, climbing over 1% as investors dove back into tech stocks after a week of wild swings.

Here’s the quick breakdown:

• Nvidia $NVDA ( ▲ 3.12% ) surged +6.42%, leading the charge in semiconductors after Intel appointed Lip-Bu Tan as its new CEO, igniting optimism across the sector.

• Tesla $TSLA ( ▼ 0.04% ) rose +7.59%, with Elon Musk getting some extra love following yesterday's White House shoutout from Trump.

• Meta $META ( ▼ 0.5% ) and Google $GOOGL ( ▲ 2.83% ) also rebounded, signaling investors' willingness to bet on big tech after days of tariff-induced chaos.

But it wasn't all sunshine and rainbows—consumer defensive stocks like $WMT ( ▲ 2.42% ) and Procter & Gamble $PG ( ▼ 0.25% ) dipped as recession worries kept investors cautious on consumer spending.

Today’s takeaway?

Tech is bouncing back as traders shake off tariff fatigue (at least for now). Keep your seatbelts fastened—this volatility rollercoaster isn't stopping yet.

P.S. Want to trade volatility like a pro? Lark Funding’s 1-Step Pro lets you trade over 100 stocks, and you keep 90% of the gains you make. Your wallet might thank you later.

CRYPTO

🥱 Crypto Market Snooze-Fest Continues

Crypto markets have officially hit the snooze button, and even my triple espresso isn’t helping.

Bitcoin stayed flat today and is down 2.7% over the past 5 days—pretty tame stuff.

Ethereum, meanwhile, had a tougher week.

ETH dropped 13.25% over the same period, lagging way behind Bitcoin and reminding everyone why it's still BTC’s little brother.

Our favorite crypto stocks aren’t doing much better: Coinbase was flat today and lost 10.31% over the past 5 days.

MicroStrategy also stumbled, down 12% during the same stretch.

Bottom line: Until the Fed fires up the money printer again or Trump unleashes fresh stimulus, crypto might keep feeling like watching paint dry.

Wake me up when something interesting happens. 🥱

PROP FIRMS

🤑 Over 40,000 In Payouts

Here’s some Thursday motivation to show you what’s possible with prop firms.

🚀 Pre-Market Fuel

1. Canada’s new prime minister will be sworn in tomorrow. Many expect an election to be called within the next week as fears of a recession are growing, and the Liberal Party is gaining in the polls.

2. Europe faced a massive banking outage yesterday. But we’re supposed to believe they won’t have any issues implementing a digital Euro…

3. The US budget deficit surges to over $1 trillion. It’s the largest deficit year-to-date. What is DOGE doing!?

4. iRobot’s stock tanked over 35% on fears that it may go out of business.

5. Rumble is now buying Bitcoin for their balance sheet.

🍪 Munchy Memes

Share Pip Munch

Chances are you have some trading friends. Why don’t you be a pal, share Pip Munch and earn some goodies for it?

You currently have 0 referrals, only 1 away from receiving The Trading Plan That Helped Me Pass 4 $100,000 FTMO Challenges.

Or copy and paste this link to others: https://pipmunch.com/subscribe?ref=PLACEHOLDER