2min chapter

Forward Guidance cover image

Jim Bianco, Mark Yusko, & Jurrien Timmer on Real Interest Rates, Banking System, and Crypto (Panel at Permissionless 2023)

Forward Guidance

CHAPTER

Performance of Stock Markets, Inflation, and Crypto in a Changing Macro Environment

This chapter explores the negative consequences of a high-performing stock market, emphasizing how it can lead to the theft of wealth and purchasing power. The speakers also discuss the instability of stock market values and speculate on the impact of macro factors on cryptocurrencies in the near future.

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