4min chapter

Forward Guidance cover image

Commodity Prices Are Due For A Severe Correction, Says Mike McGlone

Forward Guidance

CHAPTER

Is the Binance FTX Deal a Pushback?

Binance FTX deal may throw a wrench into new US regulatory framework, says Mike. The key thing I look at about this deal is it really was a shock that FTX was not as stalwart of a firm as we thought," he adds. "We're seeing who's wearing clothes and cryptos are just the fastest, most unique space" This might help finally lower the plateau for all risk assets, but only if stock market and Fed come out from their 'stretches'

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