Biden Meets with Powell as Inflation Battle Heats Up

Jun 1, 2022

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Introduction

00:00 • 4min

Is There a Possible Recession in Equity Markets?

04:08 • 4min

Get the Most Out of Your Crypto With Nexo

07:41 • 2min

Oil in London Climbs Past 120 Dollars a Barrel

09:41 • 5min

Crypto Markets - What's Next?

15:01 • 2min

This episode is sponsored by Nexo.io, NEAR and FTX US.

“Sell in May and go away,” says the old market aphorism. Today on “The Breakdown,” NLW previews a set of discussions he believes will shape markets this summer:

The inflation battle – the Federal Reserve’s Jerome Powell meets with President Biden
The energy battle – the European Union bans the majority of Russian oil
The crypto regulation battle – the U.S. is expecting major legislation from senators Cynthia Lummis (R-Wyo.) and Kirsten Gillibrand (D-N.Y.) in June

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Consensus 2022, the industry’s most influential event, is happening June 9–12 in Austin, Texas. If you’re looking to immerse yourself in the fast-moving world of crypto, Web 3 and NFTs, this is the festival experience for you. Use code BREAKDOWN to get 15% off your pass at www.coindesk.com/consensus2022.

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“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, research by Scott Hill and additional production support by Eleanor Pahl. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsors is “Catnip” by Famous Cats and “I Don't Know How To Explain It” by Aaron Sprinkle. Image credit: Kevin Dietsch/Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.