Bits + Bips: Why the Stock Market Wipeout Might Not Achieve What Trump Wanted - Ep. 802
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How do you expect to get the business community to rally behind you when you're eviscerating the value of the stock market, which also is a revenue source for the federal government? It's just very bizarre to me, and I think we saw this over this past weekend. You're starting to see some of the media come out, kinda hit Trump pretty hard on this stuff. He may be starting to hear from some of his constituents in the business community of saying, like, hey. Like, we're we're team Trump, but, like, maybe tone down the recessions are cool rhetoric? Hi,
everyone. Welcome to Bits and Bips, exploring how crypto and macro collide one basis point at a time. I'm your host, James Safer, trad by archmacer, the lord of Bloomberg's End, here with Joe McCann, lord commander of asymmetric and master of bank. Also joined by Noel Acheson, high seer and keeper of the Crypto is Macro Now newsletter. Hello,
everyone.
And finally, Ram Alawalia, master of wealth, leader of Lumida. How's
it going? We're
here to discuss the latest stories in the world of crypto and macro. Just remember that nothing we say here is investment advice. Please check unchaincrypto.com/bitsandbibs for more disclosures.
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Alright. We got a a full house with no special guest, actually. So this is I I don't remember the last time we had one of these where we had four of the, the main crew. So this will be fun. Well, let's get into, we gotta start with macro. I feel like that's the that's the main overarching thing. I feel like there's really not a ton happening, since we spoke last week, or it feels like there's not a ton happening, but there's a lot happening on the the macro and geopolitical front. I mean, there's a lot of talk recently about, you know, a stagflation trade. There's a lot of I'm gonna read a twe
So there's a gap in the perception of inflation and actual inflation. If
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