Podcast and Chill #65
The New Mr. Wonderful; China & America Relations; 2023 Macro Outlook
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.
“Wasabi is back with Hal and Cletus to breakdown what they expect for Q1 2023. Cletus reflects on the FTX situation and decides to take on the job of the new Mr. Wonderful.”
“It’s not being looked at properly as a realistic scenario that, say, by 2030 you could have several countries that have meaningful holdings of bitcoin as part of this geo-economic arrangement, and this is a way for them to hedge.”— Matthew Pines
“If you have a recession, and you print a tonne of money and throw stimulus at it, you can get out of that recession quicker. But then you’ve done it at the cost of higher debt, and then potentially for a more inflationary rebound in the future, which then you have to then raise rates very quickly and potentially put yourself into another recession. And so there are levers you can pull, but every lever has a cost associated with it.” — Lyn Alden