In this week's episode, we discuss the Fed's attempt to crush all consumer demand. Mark believes we've just entered crypto spring, but that enthusiasm takes a turn as we discuss the Fed.
With two consecutive quarters of negative GDP growth, we can officially (or now unofficially) say we are in a recession. I got Mark's take on the Fed's actions, expected fallout and future CPI prints.
Next, we discuss the US' "friend-shoring" efforts, failed sanctions and other policy mishaps. Finally, we added a new "positivity segment" that includes our thoughts on aliens and human evolution - you'll have to tune in to find out more!
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Referenced in the show:
Janet Yellen "friend-shoring"
https://tinyurl.com/2aprdz3p
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Timestamps
(00:00) Introduction
(00:32) Mark confirms crypto spring is here
(05:26) Blockworks' DAS 2022 conference
(09:53) The Fed is crushing growth
(18:52) Friend-shoring: ineffective sanctions and a multi-polar world
(22:53) Is housing the next shoe to drop?
(26:10) Changing the definition of a recession
(28:42) Listen to the bond market
(32:40) Fighting inflation & oil price manipulation
(42:06) Money is a claim on time
(49:27) Alexander Hamilton, maybe we need Maxis
(51:26) Sinister Saturday special
(54:37) Aliens, Webb telescope and human evolution
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Disclaimer: Nothing discussed on On The Margin 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.