Podcast and Chill #105

Economics of AI & Bitcoin; Genesis Creditors; Stagflation and Term Premia

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Today’s Cheat Sheet -

Support and resistance levels and our daily, weekly and monthly bias on BTC, ETH, OIL, ES, and NQ as well as our favorite altcoins.

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Don’t miss our latest private podcast! Hal and Cletus Discuss What's Driving The Bitcoin Market?

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• The Economics of AI & Bitcoin Mining with Daniel Roberts

“If you want to keep pushing more renewables onto the grid in the absence of a price signal, in the absence of underlying demand, there’s only one group that pays for that, it’s the taxpayer.” — Daniel Roberts

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• Two Genesis Creditors Describe Their Frustrations With the Bankrupt Crypto Lender

“In a rare interview, two Genesis creditors discuss their dealings with the lender and DCG, including the sales pitch that got them to give Genesis new loans after the 3AC debacle.“

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• Althea Spinozzi on Stagflation, Term Premia, and Ultra Long-Duration Bonds

“Timestamps:

(00:00) Introduction

(00:26) Spinozzi Remains Bearish On Very Long Duration Bonds

(08:18) View On Investment Grade Bonds

(09:46) Who Will Be Marginal Buyer Of U.S. Treasurys?

(15:40) Foreign Demand for U.S. Treasurys (& Japanese Investors)

(22:40) The Shape of the Yield Curve

(24:07) Balance Sheet Policy (QT & QE)

(32:32) Much Of Europe Is In Recession

(42:21) European Demand For U.S. Treasurys

(45:47) Barbell Approach To Fixed Income (Short-Term & 10-Year)”

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