EPISODE · Aug 11, 2024 · 58 MIN
101- Japan killed the carry trade
from Sometimes Crypto · host sometimescrypto
Japan absolutely tanked global markets and crypto was not spared. Japan's cheap lending is no longer available after a major rate hike of 25 basis points. Really it is just 0.25%, but this was significant for Japan. The bois talk about how the US might have to cut rates soon to fix the job market issue. Alex brings up a very interesting story about how pizzas can predict if violent turmoil is about to go down. Stick around for this riveting episode of your favorite crypto podcast. #CryptoNews #JapanRateHike #GlobalMarkets #CryptoPodcast #InterestRates #FinancialMarkets #EconomicUpdate #CryptoAnalysis #USEconomy #MarketImpact #FinancePodcast #RateCuts #PizzaPrediction #JobMarket #cryptocurrency **************************************************************************** New episodes are posted every Week!!! Follow Sometimes Crypto on Instagram for updates and much more Insta: https://www.instagram.com/sometimescrypto/ Follow your hosts!!! William - https://www.instagram.com/william_with_the_boat/ Alex - https://www.instagram.com/granderalexander/ Time Stamps 0:00 - Intro 2:00 - Japan crashed the global market 11:47 - Stock exchanges down during the crash 14:00 - ETF’s held strong 22:00 - J. Powell might cut rates 36:00 - Politicians egos are hurting us 41:10 - Bitcoin cycle chart 45:30 - Airbnb miner 49:30 - Pizza Index
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101- Japan killed the carry trade
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