Forward Guidance

FLASH UPDATE: The Dollar Rally Isn’t Over — What It Means For Risk Assets | Joe McCann

69 snips
Jan 8, 2025
Joe McCann, Founder and CEO of Asymmetric Fund, discusses the intersection of macroeconomics and crypto. He shares his tactical bearish outlook on risk assets and analyzes the ongoing dollar rally. The conversation dives into Bitcoin's resilience against dollar fluctuations and the potential for a strategic Bitcoin reserve. McCann also presents his crypto shopping list and highlights key investment opportunities for 2025, stressing the need for adaptive financial strategies in a shifting economic landscape.
Ask episode
AI Snips
Chapters
Transcript
Episode notes
INSIGHT

Bearish Signals

  • Joe McCann's bearish view is driven by market signals like swing failure patterns in Bitcoin and the S&P 500.
  • These, coupled with a hawkish Fed and collapsing liquidity, suggest a potential market reversal.
INSIGHT

Fed vs. Market

  • The Fed's hawkish tilt contrasts with the current economic boom, reflected in a steeping yield curve.
  • This suggests the market prioritizes growth over inflation, unlike the Fed.
INSIGHT

Dollar and Yields

  • The dollar index (DXY) and yields have surged due to Trump-related uncertainty.
  • Their potential decline hinges on inauguration day and Trump's actions/tweets.
Get the Snipd Podcast app to discover more snips from this episode
Get the app