Breaking Down Last Week's Market Whiplash
Featuring guest Scott Melker
Happy March, Breakers
Last week was wild, eh? The reckoning that seemed inevitable finally came to the markets and nothing was immune.
On last Friday’s episode of The Breakdown, I was joined by crypto trader Scott Melker. We discussed:
What the crypto markets demonstrated last week
What recent price action suggests about the bitcoin as a safe haven narrative
Why it’s insane that just two weeks ago, despite tens (or hundreds) of millions of people being quarantined in the supply chain capital of the world, stock markets were printing all time highs
How we went from those ATHs to the fastest correction (10% drop) in recorded history
What the correction suggests for the fundamentals of our economy
Why central bankers have fewer options than ever to fight economic turmoil
Enjoy it!
