Milk Road Macro Macro Breakdown: Inflation, Jobs, Rate Cuts & Fed Meeting w/ Kyle Reidhead
Aug 21, 2025
Kyle Reidhead, an entrepreneur in digital assets and co-owner of The Milk Road, joins the discussion on the fiery macro landscape. He tackles pressing issues like rising inflation and creeping unemployment. The conversation covers potential economic scenarios, from soft landings to the influence of AI on jobs. Reidhead also sheds light on stablecoins, the Federal Reserve's outlook, and investment strategies in a volatile market. With insights on capital allocation and the K-shaped economy, it's an essential listen for anyone navigating today's economy.
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Bull Market Likely To Continue
- Kyle Reidhead argues we are in an extended bull market driven by tech adoption and not at a top yet.
- He expects continued grind higher into 2026 with choppy pullbacks but no imminent recession.
Stablecoins Are A Slow Structural Shift
- Kyle says stablecoins won't change macro overnight but will gradually increase dollar's global usage.
- He expects stablecoins to improve payment velocity and buy US Treasuries over time.
K‑Shaped Economy Is Structural
- Kyle describes a long-standing K-shaped economy where tech winners and asset holders pull away.
- He warns governments will prop markets to avoid crashing retirees' wealth, prolonging the trend.