Macro Mondays Bitcoin Soars, Japanese Bonds Buckle
9 snips
Oct 6, 2025 In recent market trends, Bitcoin is making headlines with its impressive rally, while Japan faces political shifts affecting its bond market. A surprising dip in labor data raises questions about the Fed's priorities. Discussions highlight the realistic expectations for Bitcoin investments and the ongoing demand for copper driven by China’s electrification. The podcast also delves into energy challenges for AI and data centers, emphasizing the crucial need for electricity as a bottleneck. Portfolio strategies signal a bullish outlook amid easing inflation.
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Contractor Calls ICE To Avoid Payment
- Mikkel shares a viral story about a contractor calling ICE to avoid paying an undocumented worker.
- Andreas uses it to illustrate macro effects of migration policy on the labor market.
Shrinking Labor Force Changes Job Dynamics
- US labor force shrinkage from migration policy creates a different hiring dynamic than during the Biden era.
- Andreas Steno argues the economy may need <25k monthly jobs to remain stable and force automation and capex.
Anticipate Fed Rate Cuts For Labor Risk
- Expect the Federal Reserve to cut rates to guard against a deteriorating labor market.
- Andreas Steno suggests central bankers will act 'better safe than sorry' with policy easing.