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Luke Gromen & Preston Pysh: Macro + Bitcoin Outlook for 2023 - "Mild Recession Not an Option"

Coin Stories

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Is the Dollar Down a Good Option for Risk on Assets?

Dollar down is generally good for risk on assets it's been good for equities we've seen sort of a bear market rally for stocks as well as bitcoin but you know I love that saying that markets don't generally bottom before a recession so this might be a little bit of a relief before we see more pain ahead. If they get the dollar down enough if the Fed comes back and renews QE if foreign trading partners renew QE somehow on behalf of the US by growing dollar reserves however they do that  more dollars is put is injected that too then feeds on itself. The last two times we had a gap between unemployment so low and deficits so high was in 1968 and 2019

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