Great One!!! Very concise. The difference in performance between a 25bps and 50bps cut is clear as it gets. We're obviously cutting into growth. So, are we currently more comparable to the '60s or mid '70s? If '60s, I'm stepping up the margin.
Hasn’t been correlated much lately to really anything which has been odd, but it continues to act as beta on the downside… there’s tons of talk / speculation govt & Silk Road is selling, but maybe once that’s over, it starts to pick up steam again. In regard to yesterdays move, I actually viewed it as a big negative towards the Bitcoin thesis, Binance seizing all of palestines assets on Israel’s request… kind of negates the Bitcoin thesis.
I am still watching Bitcoin / coin / wulf, if there’s any favorable entries, but there’s been tons of fakeouts on upside, so maybe needs a flush to washout if it hasn’t already… tough to say, but to answer your question, Bitcoin you would think *should do well in the backdrop above, but it more or less likely depends how much of it responds and acts as beta if inflation starts to pick up along with the dollar and yields.
That's fair. Its also is subject to seasonality, tends to be real predatory over the summer when books are thin which I think explains some of these outsized moves amd subsequent retraces.
Y’all absolutely CRUSHED this! Great freaking job! 🎯
I'm a mess around and get gold teeth lol. Going to get heavy in PAAS/NEM. Probably buy a gold Cuban if it moons all jokes aside.
Great One!!! Very concise. The difference in performance between a 25bps and 50bps cut is clear as it gets. We're obviously cutting into growth. So, are we currently more comparable to the '60s or mid '70s? If '60s, I'm stepping up the margin.
I love the collaboration. The pendulum swings.
You gotta always love when a piece is writted between 2 of the most intelligent, respectable and genuine people like Eliant & Le Shrub :)
Great read. Do you think crypto also goes on a run if recession avoided ?
Hasn’t been correlated much lately to really anything which has been odd, but it continues to act as beta on the downside… there’s tons of talk / speculation govt & Silk Road is selling, but maybe once that’s over, it starts to pick up steam again. In regard to yesterdays move, I actually viewed it as a big negative towards the Bitcoin thesis, Binance seizing all of palestines assets on Israel’s request… kind of negates the Bitcoin thesis.
I am still watching Bitcoin / coin / wulf, if there’s any favorable entries, but there’s been tons of fakeouts on upside, so maybe needs a flush to washout if it hasn’t already… tough to say, but to answer your question, Bitcoin you would think *should do well in the backdrop above, but it more or less likely depends how much of it responds and acts as beta if inflation starts to pick up along with the dollar and yields.
That's fair. Its also is subject to seasonality, tends to be real predatory over the summer when books are thin which I think explains some of these outsized moves amd subsequent retraces.