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The Calm Before The Storm With Michael Kramer

Lead-Lag Live

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Is There a Fallout From FTX?

We don't really know if what's gone on with FTX with the crypto industry collapse, if that will have spillover effects on the stock market. I mean, history would suggest that it's not impossible. So we don't know what the fallout will be. We don't know that FTX doesn't result in cryptos just continuing to move lower. And maybe there are funds out there that have these assets on their books and they're getting written down. That causes just a broad deleveraging process in the market, which couldn't itself lead to force selling going into year end.

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