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Podcast: Inflection Point
Episode: The Winds Of Recession Are Blowing | Weekly Roundup
Description: With Mark out, we have special guest filling in, Blockworks’ own Jack Farley, macro researcher and host of the Forward Guidance podcast. Jack explains how three recent events have made him think that a recession is more likely: moves in interest rates that suggest the Fed might pivot earlier than previously anticipated; the sharp fall in copper, cotton, and other commodity prices; and, most importantly, a forecast from the Atlanta Fed that real GDP for the U.S. will be negative.Mike then makes sense of the recent series of confidence runs that have taken the crypto wo...