The Breakdown cover image

Crypto Markets Put the ‘Pump’ in ‘Pumpkin’

The Breakdown

00:00

The Fed's Pivot in Binary Terms

The S&P 500 has gained 5.5% since Friday's open and put in a solid 1.6% gain alongside the crypto pump. The NASDAQ rose even a little bit more, 5.9% during the same period. Cross-asset correlation strengthened and weakened, but it is still all one trade. With that to change, markets need a clear and major information shock, e.g. Russian escalation.

Play episode from 09:21
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app