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On today’s episode, Andy Constan Founder of Damped Spring & Co-Founder of 2 Gray Beards joins the show to disucss the recent QRA release from the U.S Treasury.
As markets anticipated a higher amount of long end issuance, Andy turned bullish a few days ago when the numbers surprised to the downside & joins the show to explain exactly how he was able to catch this weeks risk on rally. To hear all this & more, you'll have to tune in!
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Digital Asset Summit 2024. Use Code: MARGIN20 for a 20% discount: https://blockworks.co/event/digital-asset-summit-2024-london
Research, news, data, governance and models – now, all in one place. As a listener of On The Margin, you can use code "MARGIN10" for a 10% discount when signing up to Blockworks Research https://www.blockworksresearch.com/
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Timestamps:
(00:00) Introduction
(00:44) Why Andy Wen't Long Risk Asset's Post QRA Announcement
(06:40) Bills vs Bonds Issuance
(11:41) Should The U.S Have Termed Out Their Debt?
(15:46) DAS London Promo
(17:04) Financial Conditions Have Massively Eased
(21:44) We're Back To Act I In The Inflation Cycle
(24:25) Blockworks Research Ad
(25:13) The Consequences Of This QRA Are Being Felt
(32:50) The Path Towards Recession
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Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.
