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Podcast: The Schaftlein Report
Episode: The Schaftlein Report | Headline - Crypto Reckoning for FTX
Description: 1) Sam Bankman Fried arrested in the Bahamas at request of U.S. government. Multiple charges filed. 1A) House holds hearings with newly appointed FTX CEO John Ray as efforts begin to understand how the fraud occurred. 1B) SEC says fraud took place for years 2) CPI Index up .1% in November and 7.1% year over year, below forecast of 7.3%. 2A) Core CPI excluding food and energy up .2% and 6% yearly. 2B) Interest rates fall after the news. 2 year note down to 4.2% and 10 year note at 3.5% 2C) Services makes up 73...