Why the Oil Shock Could Trigger a Global Recession | Weekly Roundup
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This is the most obvious stair step walk down market right now you could possibly see. You can't even make these things up. They're so difficult to believe. It's this perfect storm on so many fronts. When it's a unilateral decision like tariffs, you can reverse it and TACO and things work out, but when you introduce assets that are physical, it's no longer a unilateral decision. Tacos don't work so well.
-This is the whole difficult part of trading and navigating a supply oil shock. The initial onset is super hawkish for central banks. Where is that pivot point between should maybe hike here to, oh, the Fed needs to cut and like, we need to cut fast because there's a global recession. Like, we are right on the precipice of that turning into demand destruction. Before we get started, a quick reminder that BlockWorks' premier institutional conference, the Digital Asset Summit, is returning to New York City this March. This year represents more than $4,200,000,000,000 in assets under management w
The funniest thing was in his message when he was telling us the other day he's sick and he's hoping to bow through. He's like, well, on the bright side, I lost, like, eight pounds. That's, like, such an middle aged, like, man thing to say.
Yeah. He's gonna be showing up next week. We were gonna say he's on the Ozempic now.
He's bedridden, but but he's like, yeah. At least I lost eight pounds. Must not be too bad that day, I guess.
Yeah. Yeah. You gotta watch out for
that dad bod, man. Exactly. Now, man, crazy week.
Another week. Another, yeah, another situation monitoring week, trying to figure out what the hell's going on. Stuck in the fog of war. You know, it's for five minutes, you know, you you hear one thing and then five minutes later, you hear the complete opposite. It's really, really hard to figure out what the hell's going on. You know, like, just over the past couple days, you for example, you know, you have one you have a round talking about, oh, we're gonna you know, we're not gonna lay mines. And then The USA, we, they're laying mines or about to lay mines. And then five minutes later, they
Yeah. I think my main message that I've been saying in Substack and different things is just everybody should open their minds to a much wider array of possibilities and question everything, everything you hear, everything we're saying, everything. Because over the last year, really since this last start of this recent Trump presidency, everyone's just grown accustomed to the market movements off his every word. And as his hubris in confidence and ability to control the markets at his fingertips has risen, so has general sentiment as to his abilities to do so. Stocks are forward looking, they'
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