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#1186 Darius Dale on Bitcoin Rally, Interest Rates, Inflation, & Banking Crisis

The Pomp Podcast

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The Fed's Desire to Get the Inflationgenie Back in the Bottle

The Fed doesn't want that to happen because it's part of their mandate. The bottom market thinks the Fed is going to put the inflation, Jeannie back in the bottle. That's why we still see interest rates with a three handle on the 10 year,. But ultimately, if the Fed, if the bottom market is wrong on that expectation, then we need a significant reprising higher across the entire interest rate curve. Ultimately, that's going to be extremely bullish for asset markets.

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