Raoul Pal's Take on the World
Real Vision: Finance & Investing
00:00
Is the Worse Over?
Financial conditions are priced in an isem of 35, so the pain of tightening is already in the market. The probability is that the other side of a recession, where conditions loosen, is the thing that eventually gets tight herb priced in. So i think it's a lot of the bad news, howeever much that is, isn't in the price. And sam sees that from the market clearing itself within crypto, you know, how many of the bad positions have been washed out.
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