The chapter explores the reasons behind the potential delay in a bullish crypto market, emphasizing the importance of real-world utility over speculation. It also delves into the impact of traditional finance firms entering the crypto space and the need to attract users by offering an alternative financial system. Additionally, the chapter analyzes the complexities of the US economy post-COVID, discussing factors like inflation rates, wage growth, and the possibility of a recession.
Why are stocks up but crypto’s not? What happened to the bull market?
Jim Bianco is the perfect guest to intersect crypto, traditional finance and the broader macro world. And that’s exactly why we brought him on the show today.
We ask him:
- Are tech stocks in an AI bubble? - Is crypto going to have its moment? - How’s the U.S economy really doing? - What are the next potential market movers?
Jim guides us through all this, not only that, he explains how he’s positioning himself and his portfolio for 2024.