The stock market is "drunk on risk" according to Bloomberg News. With near zero interest rates and the continuation of quantitative easing measures, artificial stimulus is propping up speculative-risking taking activities such as leveraged trading.
About the episode
Despite the fallout of Bill Hwang's family office Archegos Capital Management, there seems to be minimal impact on the broader equity markets, as well as the crypto markets with Bitcoin rebounding from its lows around $50k last week to $58k at the time of recording.
Tune in for high-level details about what we know so far.
#MacroNews #Markets #CUPofCrypto #CryptoUnstacked