– TIMESTAMPS –
0:00 Intro
0:44 Fed Recap
4:27 Jeromeβs Speech
7:40 Stock Market, Interest Rates
11:09 Inflation, Unemployment
14:55 Debt Ceiling, US Default
17:29 What Does It Mean For Markets?
~~~~~
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The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.
Yesterday’s CPI inflation data came in higher than expected and the Crypto markets initially dumped but then proceeded to bounce back and end the day green. This is contrary to what common sense would indicate should have happened. Is this Crypto pump enough to create a massive short squeeze? And if so how high could prices go? Join Kyledoops in today’s episode of Crypto Banter live to find out what you should do next!
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While I put out a video on bear market comparisons in the #SP500 last week, I thought it might be useful to go through this a bit more methodically. In this video, we spend a majority of our time comparing the current bear market in #stocks with prior bear markets where high #inflation was also an issue. We also take a look at what occurred once the bear markets were over. What do you think of this analysis? Let me know in the comments!