Behind The Markets Podcast: Andrew Okrongly & Ben Clissold
Behind the Markets Podcast
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Is There a Negative CPI?
I think people in Wall Street get it. And I think they're going to be calling back to, you know, their bank president and everyone else and said, Hey, you know what? The bankruptcy of FTX, the crypto exchange,. Wow, it's put a damper. We had a big rally in crypto yesterday because rates are down. But today, Bitcoin, as we were speaking, down five and a half percent again at 16,008. This certainly does not help the crypto space at all. And Ithink it's probably going to be weak for the rest of the year. It's surprising that Dow Jones is less than 10% below it's all time high.
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