Sunday Aug 11, 2024
101- Japan killed the carry trade
Japan absolutely tanked global markets and crypto was not spared. Japan's cheap lending is no longer available after a major rate hike of 25 basis points. Really it is just 0.25%, but this was significant for Japan. The bois talk about how the US might have to cut rates soon to fix the job market issue. Alex brings up a very interesting story about how pizzas can predict if violent turmoil is about to go down. Stick around for this riveting episode of your favorite crypto podcast.
#CryptoNews #JapanRateHike #GlobalMarkets #CryptoPodcast #InterestRates #FinancialMarkets #EconomicUpdate #CryptoAnalysis #USEconomy #MarketImpact #FinancePodcast #RateCuts #PizzaPrediction #JobMarket #cryptocurrency **************************************************************************** New episodes are posted every Week!!!
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Time Stamps
0:00 - Intro
2:00 - Japan crashed the global market
11:47 - Stock exchanges down during the crash
14:00 - ETF’s held strong
22:00 - J. Powell might cut rates
36:00 - Politicians egos are hurting us
41:10 - Bitcoin cycle chart
45:30 - Airbnb miner
49:30 - Pizza Index
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