Intro

In this week’s episode of WSJ’s Take On the Week, co-hosts Telis Demos and Miriam Gottfried discuss why a surge in oil prices following U.S. strikes on Iran is fueling fresh inflation fears, and how the potential for a supply shock at the Strait of Hormuz could tie the Federal Reserve’s hands on interest-rate cuts. Next, our hosts analyze why we see some investors rotating back into enterprise software stocks such as Oracle and Adobe, both of which will report earnings in the coming week. 

After the break, Marion Laboure, senior strategist and managing director at Deutsche Bank, joins the show to explain why bitcoin and gold are no longer correlated. She breaks down the wishful thinking that drove crypto valuations, explains why she views bitcoin less as a currency and more as an asset, and discusses how investors are viewing digital assets like bitcoin and stablecoins as part of an investment portfolio. Plus, how a new section in the proposed Clarity Act has banks and crypto exchanges debating over stablecoin yields… or “rewards.

This is WSJ’s Take On the Week where co-hosts Telis Demos, Heard on the Street’s banking and money columnist, and Miriam Gottfried, WSJ’s investing and wealth management reporter, cut through the noise and dive into markets, the economy and finance—the big trades, key players and business news ahead.

Have an idea for a future guest or episode? How can we better help you take on the week? We’d love to hear from you. Email the show at takeontheweek@wsj.com.

To watch the video version of this episode, visit our WSJ Podcasts YouTube channel or the video page of WSJ.com

Further Reading

Oil Prices Surge, Stocks Fall on Widening Iran War

Investors Dial Back Fed Rate-Cut Bets

Iran Conflict Spurs Rebound in U.S. Borrowing Costs

Trump Urges Swift Passage of Crypto Bill Over Banks’ Objections

Senate Passes Stablecoin Bill in Big Win for Crypto Industry

For more coverage of the markets and your investments, head to WSJ.com, WSJ’s Heard on The Street Column, and WSJ’s Live Markets blog.

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Follow Miriam Gottfried here and Telis Demos here. 

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