Latest / The Paul Barron Crypto Show / Fed Stimulus Coming?🚀Crypto Market Update

Transcript

Fed Stimulus Coming?🚀Crypto Market Update · The Paul Barron Crypto Show

• 0:00
  Speaker 1: QUI incoming Does this mean risk assets could be benefiting
• 0:03
  Speaker 1: from where the market heads in. I'll break it down today.
• 0:06
  Speaker 1: I want to thank our sponsor, and that of course
• 0:08
  Speaker 1: is Uphold. This is where you guys can get into
• 0:10
  Speaker 1: your own crypto trading. Well, this is the place where
• 0:12
  Speaker 1: you can do it. Just go over to uphold dot
• 0:14
  Speaker 1: com use our link down below. You're going to get
• 0:16
  Speaker 1: up to I think twenty different options here to stake
• 0:19
  Speaker 1: assets where you can earn yields. Of course, you've got
• 0:22
  Speaker 1: all sorts of assets that are available over three hundred
• 0:25
  Speaker 1: out there. One of the key things that I like
• 0:27
  Speaker 1: about Uphold is their debit card, and this is the
• 0:30
  Speaker 1: one to get you. Guys can earn up to four
• 0:33
  Speaker 1: percent in XRP rewards with every purchase up to I
• 0:36
  Speaker 1: think three months, and then you can even stack rewards
• 0:39
  Speaker 1: by adding in a direct deposit for your pay So
• 0:42
  Speaker 1: there's all sorts of ways to make Uphold your bank account.
• 0:46
  Speaker 1: Check it out using our link down. Belope, let's go
• 0:49
  Speaker 1: over to a couple of points I want to hit on.
• 0:51
  Speaker 1: And this is an interesting analysis because this is the
• 0:54
  Speaker 1: credit and liquidity programs and the balance sheet that the
• 0:58
  Speaker 1: FED is working with now if you look back all
• 1:00
  Speaker 1: the way into twenty fourteen fifteen, that was where we
• 1:03
  Speaker 1: had this slow grind of assets coming in, and then
• 1:08
  Speaker 1: of course we all know what happened there. In twenty nineteen,
• 1:10
  Speaker 1: this was of course the last pandemic that we've dealt with,
• 1:14
  Speaker 1: and then boom, of course we saw that kind of
• 1:16
  Speaker 1: liquidity coming in. This is the kind of move we've
• 1:19
  Speaker 1: been cutting. And then right here, I want to show
• 1:21
  Speaker 1: you something as I squeezed this down, because this gets
• 1:24
  Speaker 1: really interesting when you start zooming in to twenty four
• 1:29
  Speaker 1: and five.
• 1:30
  Speaker 2: Look at this right here.
• 1:31
  Speaker 1: This might be the expansion of the balance sheet. And
• 1:36
  Speaker 1: if we are seeing that kind of loop moving in
• 1:39
  Speaker 1: quickly in early twenty twenty six, get ready, guys, this
• 1:43
  Speaker 1: could be the Q signal that we've been waiting for,
• 1:45
  Speaker 1: where liquidity starts to really pour back into the markets.
• 1:48
  Speaker 1: For sure, job numbers. This is good news in the
• 1:52
  Speaker 1: sense that it is stabilizing. It's the lowest sense March
• 1:55
  Speaker 1: of twenty twenty one. This is a good thing in general,
• 1:58
  Speaker 1: and I think as we go in to the first
• 2:02
  Speaker 1: half of the year, if we can maintain this pace,
• 2:04
  Speaker 1: I think that will be a good position for the
• 2:07
  Speaker 1: fed US housing market has reached its most unaffordable level
• 2:12
  Speaker 1: in history. This is a big problem I think in
• 2:14
  Speaker 1: housing in general, and as we see possibly rates coming
• 2:18
  Speaker 1: down this year, it's going to open up an opportunity
• 2:21
  Speaker 1: for if we can get more houses available for a
• 2:24
  Speaker 1: boom in the housing industry in terms of new acquisition.
• 2:27
  Speaker 1: And you're gonna see a lot of refis too, because
• 2:29
  Speaker 1: a lot of people are financed at around six to
• 2:30
  Speaker 1: seven in maybe higher percent. If we see a five
• 2:34
  Speaker 1: in front of it, get ready, because I think that's
• 2:36
  Speaker 1: going to be a big factor. This was breaking news
• 2:38
  Speaker 1: coming in from the White House, and that is Trump
• 2:40
  Speaker 1: is now banning large institutional investors from buying single family homes.
• 2:44
  Speaker 1: This is a big deal because we all know this
• 2:47
  Speaker 1: has been a problem that has existed out there where
• 2:50
  Speaker 1: most of this inventory gets sucked up by major investment houses.
• 2:54
  Speaker 1: This of course now changing the game. Trump may be
• 2:57
  Speaker 1: onto something big here. We'll see if he comes up
• 3:00
  Speaker 1: with an execution plan.
• 3:02
  Speaker 2: That actually works.
• 3:03
  Speaker 1: I want to go to a clip real quick because
• 3:04
  Speaker 1: this gets into the labor. Back to the labor topic
• 3:07
  Speaker 1: and whether or not is decoupling from our current growth.
• 3:10
  Speaker 2: Take a look.
• 3:12
  Speaker 3: So first there's a clear signal that the labor market
• 3:14
  Speaker 3: is decoupling from growth. So growth remains really solid, but
• 3:19
  Speaker 3: the labor market is not keeping up with that growth.
• 3:22
  Speaker 3: Drop creation is not keeping up with that growth. That
• 3:24
  Speaker 3: is the big dilemma we have in which is this decoupling.
• 3:29
  Speaker 3: Beyond that, the FED is storn. You know as well
• 3:32
  Speaker 3: as I do, Scott that if you're worried about inflation,
• 3:35
  Speaker 3: there's reasons to be worried. If you're worried about your
• 3:38
  Speaker 3: second part of your mandate, there's reasons to be worried.
• 3:41
  Speaker 3: You have FED officials that have different sensitivity, so they're
• 3:44
  Speaker 3: all over the place, and you have no strategic or
• 3:47
  Speaker 3: leadership unifiers in this mix. So the FED is going
• 3:51
  Speaker 3: to be very divided regardless of what comes out on Friday.
• 3:55
  Speaker 1: So I mean, given those tensions that you paint, what
• 3:58
  Speaker 1: do you think they'll do later this month?
• 4:01
  Speaker 3: So I think they'll do nothing later this month. They're
• 4:03
  Speaker 3: going to remain on hold. They will signal one to
• 4:08
  Speaker 3: two cuts this in twenty twenty six as a whole.
• 4:13
  Speaker 3: But what I think is the problem is they're not
• 4:15
  Speaker 3: going to give us clear indication of what is that
• 4:18
  Speaker 3: strategic view? Do they like me? Believe that we are
• 4:23
  Speaker 3: on the cusp of significant productivity improvements that bring up
• 4:28
  Speaker 3: the speed for non inflationary growth, or will they stay
• 4:33
  Speaker 3: very data dependent and therefore torn between the different parts
• 4:37
  Speaker 3: of their mandate. I fear that we're not going to
• 4:39
  Speaker 3: get that strategic clarity until a new FED chair comes in.
• 4:45
  Speaker 1: That's a pretty big statement because when you look at
• 4:47
  Speaker 1: the FED decision probability in January, it it is skyrocketed
• 4:51
  Speaker 1: really from before Christmas it was basically a sixty eight.
• 4:55
  Speaker 2: Percent no change. Here we are right.
• 4:57
  Speaker 1: Now trading our poly market in Earth January and you
• 5:01
  Speaker 1: can see it right there, over ninety percent on the
• 5:03
  Speaker 1: no change.
• 5:04
  Speaker 2: So this looks to be the.
• 5:06
  Speaker 1: Case, at least right now from a FED ray cut.
• 5:09
  Speaker 1: So the real question is is how is this market
• 5:11
  Speaker 1: playing out into January twenty eighth on the FOMC. Do
• 5:15
  Speaker 1: we get a surprise cut or could something else happen
• 5:18
  Speaker 1: that would push Powell into more of a defensive position,
• 5:22
  Speaker 1: or does he go a little bit more hawkish here
• 5:23
  Speaker 1: with a pause and then signaling into the later in
• 5:27
  Speaker 1: the year for cuts. I think the question here will
• 5:29
  Speaker 1: really boil down to who the new FED chair is
• 5:32
  Speaker 1: going to be and I anticipate to stimulate the market.
• 5:37
  Speaker 1: We may see an announcement coming in from the White
• 5:40
  Speaker 1: House prior to the FOMC meeting for January, So it's
• 5:43
  Speaker 1: a critical one to keep an eye on.
• 5:45
  Speaker 2: For sure.
• 5:46
  Speaker 1: Tom Lee is hitting on this whole point right here,
• 5:49
  Speaker 1: and this is of course dealing with the tariff issue
• 5:52
  Speaker 1: that could be brewing, and he's looking at it as
• 5:55
  Speaker 1: more of a possible contrarian signal. Now, remember that we
• 6:00
  Speaker 1: have the tariff decision coming in from the Supreme Court
• 6:04
  Speaker 1: and it's going to be coming in quickly, and right
• 6:07
  Speaker 1: now it appears, based on polymarket it is a very
• 6:11
  Speaker 1: low chance that these tariffs hold and that they will
• 6:15
  Speaker 1: be overturned. If that is the case, how does the
• 6:18
  Speaker 1: market respond to this? Is this a positive thing? I
• 6:22
  Speaker 1: think there may be some benefit here from the market
• 6:25
  Speaker 1: in general. The White House has already started to soften
• 6:29
  Speaker 1: their position as well, and I think that starts to
• 6:32
  Speaker 1: play into a bigger narrative going forward.
• 6:34
  Speaker 2: What is Trump going.
• 6:35
  Speaker 1: To do to try to keep this as a bargaining
• 6:37
  Speaker 1: chip that he's been using around the world right now?
• 6:41
  Speaker 1: Hopefully it does slow things down, but in reality, the
• 6:44
  Speaker 1: question is really going to boil down to inflation and
• 6:47
  Speaker 1: job growth and of course wage increases. That's going to
• 6:50
  Speaker 1: be the big factor that really saves this economy. All right,
• 6:54
  Speaker 1: So you had Morgan Stanley a couple of days ago
• 6:56
  Speaker 1: launching ETFs. Now today they're getting ready to launch a spot.
• 7:01
  Speaker 2: So this is a big deal.
• 7:02
  Speaker 1: Salon was first kind of interesting in the sense, but
• 7:05
  Speaker 1: the fact that Morgan Stanley is doing this pretty big
• 7:08
  Speaker 1: deal because this validates I think a lot of traditional
• 7:11
  Speaker 1: finance and a lot of investors that are at Morgan
• 7:13
  Speaker 1: Stanley that now have the ability to go in and
• 7:15
  Speaker 1: get exposure to that as well. Other things that are
• 7:18
  Speaker 1: good news I think for micro strategy and bitcoin is
• 7:22
  Speaker 1: that MSCI has come out and announced that they will
• 7:25
  Speaker 1: not be removing bitcoin and crypto treasury companies from its indexes.
• 7:29
  Speaker 1: This was a threat that happened early in December. I
• 7:33
  Speaker 1: believe it was from JP Morgan who kind of raised
• 7:37
  Speaker 1: the flag, putting a lot of pressure on micro Strategy
• 7:39
  Speaker 1: and of courses, of course, I think bails out strategy
• 7:43
  Speaker 1: going forward, so the result will be less money raised
• 7:45
  Speaker 1: through shared delution, and I think that's why we're not
• 7:48
  Speaker 1: seeing markets necessarily going bonkers right now. But let me
• 7:52
  Speaker 1: know what you guys think. Is this going to be
• 7:54
  Speaker 1: a big impact on micro strategy and bitcoin at all?
• 7:57
  Speaker 1: Or are we just looking at more of an institutional
• 8:00
  Speaker 1: track record here Going forward for crypto, I want to
• 8:03
  Speaker 1: go over to Tom Lee and his analysis on the
• 8:07
  Speaker 1: first few days of trading for twenty six Take a look.
• 8:11
  Speaker 4: Well, it's the start of the year, and I think
• 8:13
  Speaker 4: it's important to revisit the rule of first five days.
• 8:17
  Speaker 4: And the rule of first five days is that how
• 8:20
  Speaker 4: stocks trade in the first week of the year often
• 8:24
  Speaker 4: is a good directional signal for how the rest of
• 8:26
  Speaker 4: the year plays out. Now, I know many of you
• 8:29
  Speaker 4: might think that this is a little cuckoo because how
• 8:33
  Speaker 4: can five days determine the year? But it does make
• 8:36
  Speaker 4: some intuitive sense. I mean, basically, you get a sense
• 8:38
  Speaker 4: for how the market's appetite is for the year based
• 8:42
  Speaker 4: on how markets trade initially. Right, if there's no demand
• 8:45
  Speaker 4: for stocks at the start, what would cause them to
• 8:48
  Speaker 4: suddenly do better? But let's look at the math.
• 8:53
  Speaker 2: Since nineteen fifty.
• 8:55
  Speaker 4: There have been seventy six years and the average return
• 8:58
  Speaker 4: for the market is twelve percent year. Okay, but let's
• 9:03
  Speaker 4: look at the years where the first five days were positive,
• 9:08
  Speaker 4: and that's forty nine of the seventy six years, and
• 9:10
  Speaker 4: you can see the average return is sixteen percent and
• 9:13
  Speaker 4: the win ratio is eighty four percent. Whereas if you're
• 9:17
  Speaker 4: down the first five days that's twenty seven times, then
• 9:21
  Speaker 4: the full year returns only three percent, and you're up
• 9:23
  Speaker 4: fifty six percent of the time, So pretty sizable performance
• 9:27
  Speaker 4: different sixteen percent versus.
• 9:29
  Speaker 1: Three All right, sizeable performance difference. I'm looking here at
• 9:34
  Speaker 1: the chart between December thirty first and the first few
• 9:37
  Speaker 1: days up six almost seven percent. This is bitcoin right
• 9:41
  Speaker 1: there in the first five So we didn't have a
• 9:44
  Speaker 1: good year last year, So Tom, I'm not sure what
• 9:47
  Speaker 1: voodoo charts you were looking at there, but I'm not
• 9:50
  Speaker 1: sure this is going to.
• 9:51
  Speaker 2: Be playing out again this year.
• 9:53
  Speaker 1: I am actually bullish though for the year, and I
• 9:55
  Speaker 1: think market structure is going to be the big narrative here.
• 9:58
  Speaker 1: As long as we don't get in skirm which is
• 10:00
  Speaker 1: I feel fairly solid, we're going to see some upside here.
• 10:02
  Speaker 2: Now.
• 10:03
  Speaker 1: Could we see a replacement in the market, Yeah, these
• 10:05
  Speaker 1: are markets, of course we could, and that, of course
• 10:08
  Speaker 1: is only going to represent some more opportunities to get
• 10:10
  Speaker 1: in and buy the dip. Tom Lee is doing that
• 10:13
  Speaker 1: right here with Ethereum. Bitmine bought another one hundred and
• 10:16
  Speaker 1: five million in eight over the past week. Total holdings
• 10:19
  Speaker 1: now thirteen point two billion dollars in e This is crazy.
• 10:26
  Speaker 1: For sure, they are going to become I think number
• 10:28
  Speaker 1: one because I anticipate they're going to do some acquisitions
• 10:31
  Speaker 1: this year. It's likely going to get approved in their
• 10:33
  Speaker 1: board meeting, and I think that will only grow Bitmine
• 10:37
  Speaker 1: as maybe the number one digital asset treasury company globally,
• 10:42
  Speaker 1: maybe even larger than micro Strategy.
• 10:44
  Speaker 2: So watch that one.
• 10:45
  Speaker 1: A couple of news points I wanted to hit on
• 10:47
  Speaker 1: quickly was XRP is still planning to remain private, so
• 10:51
  Speaker 1: there was talk of an IPO this year. Ripple has
• 10:54
  Speaker 1: come back in and said no, no IPO plans for
• 10:58
  Speaker 1: twenty twenty six. Now there are some I still believe
• 11:01
  Speaker 1: they will.
• 11:02
  Speaker 2: Be going public.
• 11:04
  Speaker 1: The question is really I think drilling down to whether
• 11:07
  Speaker 1: or not and when we get the market structure built.
• 11:10
  Speaker 1: Once that's in place, it's very possible you could see
• 11:12
  Speaker 1: a press release within a few weeks of companies mini
• 11:16
  Speaker 1: companies that would be announcing going public. So that I
• 11:20
  Speaker 1: think is the key for XRP. Monica Loong was on
• 11:23
  Speaker 1: here talking about this, that they're going to go in
• 11:25
  Speaker 1: with their strategy to build comply in infrastructure and tradify
• 11:28
  Speaker 1: and crypto and do all of that in terms of.
• 11:31
  Speaker 2: On and off ramps.
• 11:31
  Speaker 1: This is the kind of the thing they've done in
• 11:34
  Speaker 1: terms of acquisition. They've also secured seventy plus licenses worldwide.
• 11:38
  Speaker 1: This will continue to grow. One of the reasons I
• 11:41
  Speaker 1: still like XARP is one of the big ones. Let
• 11:43
  Speaker 1: me ask you guys one thing, and that is inevitably
• 11:47
  Speaker 1: we will see RIP will go a public. Once that
• 11:51
  Speaker 1: happens and you have an XRP token, it's probably going
• 11:53
  Speaker 1: to benefit just from the buzz itself. My curious question
• 11:57
  Speaker 1: is would you trade both or would you split it
• 12:02
  Speaker 1: and say, I know, I'm going to go with the
• 12:03
  Speaker 1: stock or I'm going to stay with token. Let me
• 12:04
  Speaker 1: know in the comments down below how you guys would
• 12:06
  Speaker 1: trade that kind of situation. I want to go to
• 12:09
  Speaker 1: a clip real quick because this gets into XRP becoming
• 12:13
  Speaker 1: the new institutional darling and why take a look.
• 12:17
  Speaker 5: It's actually been interesting is that during the doldrums of
• 12:19
  Speaker 5: Q four you actually saw a lot of people piling
• 12:22
  Speaker 5: into those XRP ETFs, which is the exact opposite of
• 12:25
  Speaker 5: what happens with the spot bitcoin and E three ets,
• 12:28
  Speaker 5: where people really move in tandem with the price of
• 12:31
  Speaker 5: the coin. But it was the fact that it is
• 12:34
  Speaker 5: a way to have a higher percentage jump. So people
• 12:36
  Speaker 5: were buying the dip with XRP in Q four I
• 12:39
  Speaker 5: thinking this is a less crowded trade than bitcoin or ether,
• 12:42
  Speaker 5: and then that proved out to be true just in
• 12:44
  Speaker 5: the first six trading days of January.
• 12:47
  Speaker 6: Is it possible at XRP and Solana are simply taking
• 12:50
  Speaker 6: their place as kind of the next cool thing to
• 12:52
  Speaker 6: know about, or do they have a legitimately different and
• 12:56
  Speaker 6: more relevant use case.
• 12:57
  Speaker 5: Well, in the context of just looking to make you know,
• 13:00
  Speaker 5: an investment that has bigger gains, you're not going to
• 13:03
  Speaker 5: get that from Bitcoin, just because it's already so established.
• 13:05
  Speaker 5: You're not seeing the same kind of percentage moves. But
• 13:07
  Speaker 5: what's fascinating with Solana especially, it's just that it moves faster,
• 13:10
  Speaker 5: and so you're able to tokenize these funds move, you know,
• 13:14
  Speaker 5: whether it's a money market fund that you're moving along
• 13:16
  Speaker 5: or some other tokenized asset. It's just is more efficient
• 13:19
  Speaker 5: than Bitcoin as a base blockchain, which is why you're
• 13:22
  Speaker 5: seeing more use cases.
• 13:24
  Speaker 1: All right, so a lot of things unpacked there. One thing,
• 13:27
  Speaker 1: of course is yes, I agree in the sense that
• 13:29
  Speaker 1: institutions have woken up to what we've seen with XRP.
• 13:33
  Speaker 1: Will they continue that track over time? I believe they will.
• 13:37
  Speaker 1: But the real question is going to be on Solana.
• 13:39
  Speaker 1: If we continue to see Solana with all the good
• 13:42
  Speaker 1: news that we are continuing to see coming from the markets,
• 13:45
  Speaker 1: you know, you've got Solana now become the largest blockchain
• 13:47
  Speaker 1: by market CAPITALI capitalization for token is stocks.
• 13:51
  Speaker 2: That is huge.
• 13:52
  Speaker 1: Look at this chart in terms of the growth that
• 13:53
  Speaker 1: we've seen, this can only mean one thing for Salana,
• 13:56
  Speaker 1: and that is it is lagging in terms of price
• 13:59
  Speaker 1: perform mormance. This is due for a breakout, I believe,
• 14:03
  Speaker 1: and I think as we continue to see the good
• 14:05
  Speaker 1: news coming, it is going to continue to load up
• 14:09
  Speaker 1: and maybe essentially, I think institutions will start playing a
• 14:13
  Speaker 1: little bit more attention to this, whether it's the ETFs
• 14:15
  Speaker 1: or direct exposure. You've got a lot happening, including a
• 14:18
  Speaker 1: lot of new income of course, recording one point four
• 14:21
  Speaker 1: billion in network revenue in twenty twenty five.
• 14:24
  Speaker 2: That was a pretty big deal for Solana.
• 14:27
  Speaker 1: Huge and up. I think overall this year will be
• 14:30
  Speaker 1: the question. I think it goes up from here in
• 14:33
  Speaker 1: twenty twenty six. We'll continue to watch that stable point.
• 14:37
  Speaker 1: Also the stable point supply. Also supply sturged over nine
• 14:40
  Speaker 1: or a million. This is in the last twenty four hours.
• 14:44
  Speaker 1: Again Solana leading the pack. Here more reasons that we
• 14:48
  Speaker 1: should see more. Solana doing much better than it has
• 14:50
  Speaker 1: been over the last few weeks. But and one of
• 14:53
  Speaker 1: the things, if we do get stimulus into the balance sheet,
• 14:56
  Speaker 1: there's going to be two tokens I think that really
• 14:58
  Speaker 1: benefit from this this tweet right here. I think people
• 15:00
  Speaker 1: are far too bearish on ethan Soul today. L Ones
• 15:03
  Speaker 1: are the only net new category we've created in crypto.
• 15:07
  Speaker 1: They broke the trade off between open source and commercial software.
• 15:11
  Speaker 1: I totally agree with the framework. The problem has always
• 15:14
  Speaker 1: been liquidity. So if Powell starts injecting these two right here,
• 15:20
  Speaker 1: are going to benefit in a big way. Now, most
• 15:22
  Speaker 1: of crypto will benefit, but I think Soul and eth
• 15:25
  Speaker 1: are the ones that may have the most upside overall.
• 15:28
  Speaker 1: Brian Armstrong is tweeting out here that China has decided
• 15:32
  Speaker 1: to pay interest on their own scratch stable coin and
• 15:36
  Speaker 1: put in the word CBDC because that's a controlled token
• 15:41
  Speaker 1: from the Chinese government, the digital u on. But the
• 15:44
  Speaker 1: fact that they're paying interest on this thing that in
• 15:47
  Speaker 1: itself is.
• 15:47
  Speaker 2: A little bit of a slam dunk.
• 15:49
  Speaker 1: I think against what the United States has been fighting
• 15:52
  Speaker 1: for to reduce interest on true stable coins, not the
• 15:56
  Speaker 1: digital UoN, but true stable coins. Hopefully this will hold
• 16:01
  Speaker 1: in Congress and we won't deal with this in the
• 16:03
  Speaker 1: future where banks continue to push against that. But I
• 16:07
  Speaker 1: like the sentiment, Brian. I don't agree with the statement
• 16:10
  Speaker 1: because it is not a stable coin.
• 16:11
  Speaker 2: That's for sure.
• 16:12
  Speaker 1: Jake Servinski hits up on this. In terms of the
• 16:15
  Speaker 1: market structure. We have a lot of false alarms on
• 16:17
  Speaker 1: market structure.
• 16:17
  Speaker 2: No kidding. I get so fed up with this.
• 16:21
  Speaker 1: And of course the big issue right now is that
• 16:25
  Speaker 1: we will get a markup next week or it looks
• 16:27
  Speaker 1: like it's going to happen now. Whether or not we
• 16:29
  Speaker 1: get it going at a pace in which we get
• 16:32
  Speaker 1: a vote, that's the real question, because I think, just
• 16:35
  Speaker 1: like all politicians, they wait until it gets right down
• 16:39
  Speaker 1: to the wire and then they come in with their
• 16:41
  Speaker 1: more demands or recommendations or needs or wants. That slows
• 16:46
  Speaker 1: the process down once again. And then of course you're
• 16:49
  Speaker 1: facing another government shutdown issue at the end of January,
• 16:51
  Speaker 1: and then here we go again, which is why I'm
• 16:53
  Speaker 1: really concerned about that markup yes vote, I'm not sure
• 16:57
  Speaker 1: January is going to be the month for sure.
• 17:00
  Speaker 4: Now.
• 17:00
  Speaker 1: A couple of things to kind of hit on in
• 17:02
  Speaker 1: summer here is that you look at QWI, there is
• 17:06
  Speaker 1: no doubt we are in an upward trend. And just
• 17:08
  Speaker 1: to go back to in case you missed that in
• 17:10
  Speaker 1: front of the episode, this is the move that we
• 17:12
  Speaker 1: are in right now on the FED balance sheet. This
• 17:15
  Speaker 1: is the kind of number that we could be seeing now. Granted,
• 17:18
  Speaker 1: if you go back and look at the market, that
• 17:20
  Speaker 1: little blip right there has started to occur just in
• 17:24
  Speaker 1: the past few weeks, So imagine what this looks like
• 17:28
  Speaker 1: in three months. That's the thing to take home and
• 17:32
  Speaker 1: look at where you should be in risk assets.
• 17:36
  Speaker 2: Get ready, guys, it's gonna get big.
• 17:44
  Speaker 1: If you like this video, like and subscribe, drop a
• 17:47
  Speaker 1: comment down below, and also join our free private member group.
• 17:50
  Speaker 2: The link is in the description