This week we discuss the latest bullish jobs report, the impact of globally-coordinated easing, and the Middle East's impact on markets. We also delve into the recent SOFR explosion, election pricing in markets, and much more. Enjoy!
—
Follow Quinn: https://x.com/qthomp
Follow Tyler: https://twitter.com/Tyler_Neville_
Follow Felix: https://twitter.com/fejau_inc
Follow Forward Guidance: https://twitter.com/ForwardGuidance
Forward Guidance Newsletter: https://blockworks.co/newsletter/forwardguidance
Follow Blockworks: https://twitter.com/Blockworks_
—
Weekly Roundup Charts: https://drive.google.com/file/d/1S24tXpteiZg1jilfU8aXk0L_NtXFLXVg/view?usp=drive_link
—
Join us at Permissionless III Oct 9-11. Use code: JAUVIN30 for a 30% discount: https://blockworks.co/event/permissionless-iii
—
Timestamps:
(00:00) Introduction
(02:34) Non-Farm Payrolls
(10:59) Fixed Income & High Yield
(12:43) Global Coordinated Easing Cycle
(16:20) US Dollar & US Exceptionalism
(18:52) Global Easing Driving Growth & Liquidity
(22:08) The Big Picture
(26:32) Permissionless Ad
(27:11) Oil, Gold, & the Middle East
(31:37) Global Collateral Shift
(33:19) Middle East Tail Risk
(36:23) SOFR Explosion & QT
(42:09) Simplifying Macro Trading
(45:25) Economic Politics
(48:28) Crypto Markets
(50:31) Election Pricing in Markets
(55:56) Permissionless Next Week
—
Disclaimer: Nothing discussed on Forward Guidance should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.