Podcast: Biden Cracks Down on Crypto | Weekly Round Up
In today’s episode of “On the Margin” Weekly Roundup, Michael Ippolito and Mark Yusko covered two big topics: the fallout of Wednesday’s FOMC meeting, and the announcement that the White House is cracking down on crypto as a matter of “national security.”
They kicked things off with one of my favorite charts of all time, the S&P going back to 1926 superimposed over every reason investors had to sell, which helps provide some perspective.
Next they covered what the market is pricing in in terms of rate hikes for 2022, and the likelihood that the Fed will follow through on their hawkish rhetoric, then moving on to real yields and gold’s confusing response, the flattening yield curve, and the precipitous rise in the DXY.
They also covered:
- The precipitous drop in unprofitable tech
- Today’s price action in the S&P
- The impending crackdown rumored to be coming from the White House
- and so much more!
Watch the full episode below! 👇
“On the Margin” is a two-part show. Once a week, Mike interviews industry experts, and then at the end of the week, he is joined by co-host Mark Yusko where they break down the top crypto and macro stories. Episodes go live every Wednesday and Saturday morning.
Subscribe to “On the Margin” today on Apple or Spotify, or watch episodes on YouTube.
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Brianna BeckfordBlockworks
Video Editor
Brianna Beckford is a Florida-based editor mainly focused on digital assets and the crossroads between the virtual and physical. As a University of Florida grad in Art + Technology, she’s dabbled in writing and reporting with a focus on the growth of hypermediacy in the present day. She focuses on video and podcasting for Blockworks.
