Podcast and Chill #91
Liquidity Debate; Central Banks; Congress On Crypto
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.
“Michael Howell of Crossborder Capital and Andy Constan of Damped Spring Advisors join Forward Guidance to discuss and debate all things liquidity.”
“The final week of July ends with the three major central banks’ policy decisions - the Fed, the ECB, and the Bank of Japan - each with their own set of issues and tools respectively, and all of which are highly interconnected with one another. However, the economic backdrop is completely unique this time - as Japan now has a higher inflation rate than the US, while still in easing mode.
Would the Bank of Japan really begin tightening monetary policy, just as the Federal Reserve, the European Central Bank and others are finished? Just a hint of policy convergence, particularly between the ECB and the Bank of Japan, can have significant, widespread market impact.”
“U.S. Representative Ritchie Torres explains why he believes crypto has a generational, not partisan divide, and why says regulators need to get out of the way when it comes to protecting investors.’