Crypto Sheds $200B in 24 Hours: Is the Worst Behind Us?
Inflection Point
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The Fed Is Beginning to Tighten, Right?
The narrative is that the fed is beginning to tighten, right? So it's happening on two different accounts. We're now pricing an a hundred % chance of four rate hihts next year. People are very concerned about that. And perhaps even more concerning is this idea of quantitative tightening,. Which is the fed not only tapering the purchases on its bountry, but actually reducing items on its balance sheet as well. The winter is a season, like spring or summer, where there's accumulation and price falls. Jeff Jaff: Cycles, like all cycles, occur in every market. There has been seven drawdowns in the last 13 months alone. No watea one of
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