The show Macro Markets, hosted by crypto analyst Marcel Pechman, airs every Friday on the Cointelegraph Markets & Research YouTube channel. The show explains complex concepts in easy-to-understand language and explores the impact of traditional financial events on day-to-day crypto activity.
Crypto analyst Pechman discusses the topic of an impending economic recession, which is predicted by the International Monetary Fund (IMF) and the United States Federal Reserve. In this video, he explains how the record-low unemployment rate in the US may be masking a larger problem caused by inflation.
The reasons behind the S&P 500 staying at only 13% below its all-time high and driven by investors moving away from fixed income is also explained by Pechman. Furthermore, he shares how inflation is no longer the primary concern. Lastly, he highlights the connection between the banking crisis, a weaker US dollar, and Bitcoin’s recent rally past $30,000.
Another segment of Macro Markets concentrates on banks’ leverage ratio. Concerns have arisen that financial institutions lack the capital to compensate for their risks, but according to the most recent data, that is not the case. Pechman believes that the issue is unrealized losses, with banks holding debt instruments that are paying way below their cost of capital.
If you are interested in exclusive and valuable content provided by leading crypto analysts and experts, be sure to subscribe to the Cointelegraph Markets & Research YouTube channel. Don’t forget to join us every Friday for Macro Markets.
