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Podcast and Chill #105
Economics of AI & Bitcoin; Genesis Creditors; Stagflation and Term Premia
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.
Don’t miss our latest private podcast! Hal and Cletus Discuss What's Driving The Bitcoin Market?
“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
“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.“
(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)”