Massive China Dump, Big Tech Rally & When To Expect Rate Cuts? | Macro Monday
The Wolf Of All Streets
Shownotes Transcript
Join Dave Weisberger, Mike McGlone, and James Lavish as we break down what's happening in macro and crypto!
Dave Weisberger: https://twitter.com/daveweisberger1
James Lavish: https://twitter.com/jameslavish
Mike McGlone: https://twitter.com/mikemcglone11
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#Bitcoin #Crypto #macromonday
Timestamps:
0:00 Intro
1:00 Macro update
3:40 Jobs numbers
5:50 “Put a lipstick on a pig”
7:20 Monetary inflation
9:20 Powell on 60 minutes
13:14 US banking system is sound and resilient?
16:20 M2 money supply
19:10 GDP data
21:30 The Fed plans 3 cuts this year
23:20 Bitcoin will rival gold in the next 2 cycles
30:20 We are heading towards recession
33:50 El Salvador & Argentina
40:00 The debt problem
46:00 We talk about the Fed too much
50:00 China potentially going into depression
51:40 What does it all mean for investors?
The views and opinions expressed here are solely my own and should in no way be interpreted as financial advice. This video was created for entertainment. Every investment and trading move involves risk. You should conduct your own research when making a decision. I am not a financial advisor. Nothing contained in this video constitutes or shall be construed as an offering of financial instruments or as investment advice or recommendations of an investment strategy or whether or not to "Buy," "Sell," or "Hold" an investment.