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We Study Billionaires
Luke Gromen: It's strange, strange credulity to think that decoupling in any way, let alone a hard decoupling would be also disinflationary. The appropriate allocation of bonds is zero because inflation, globally coupling with China was disin deflationary. Luke will be at the BitBlock Boom Bitcoin Conference on August 24-27 and you can get 20% off your ticket by using discount code Preston.
Preston Pysh and Luke Gromen talks about the current events unfolding around the Fed’s current rate hike pause, whether this is it or will they keep on tightening in future meetings. They talk about the energy market, its impact on treasury yields, the Bitcoin shift that’s currently taking place, and more.
IN THIS EPISODE, YOU’LL LEARN:
00:00 - Intro
01:26 - The FED recently paused with their efforts to raise interest rates - what's happening?
04:08 - Everyone's talking about the TGA needing refilled, what's actually happening?
15:14 - How does the US Government need to issue 2.1 Trillion in the second half of 2023 and what's the impact?
30:03 - What is happening with the current number of cardboard boxes and why is it important?
37:52 - What's happening in the energy market right now?
59:14 - Luke's thoughts on Blackrock Bitcoin ETF.
01:04:25 - What's happening in US - China Relations right now?
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