Jim Bianco is the Head of Bianco Research and owner of BiancoResearch.ETH, Jim is our go-to source of macro analysis from someone who also knows crypto. 

Jim was early and loud about the initial Fed pivot into rising interest rates, all the way back in March of 2022, before much of the crypto industry really understood how significant interest rates can be. 

Now, we’re having Jim back on for his 4th time to help us navigate this next wave of macro chaos.

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Timestamps:

0:00 Intro 

8:10 Balaji's Bet 

10:48 Arthur Hayes & Ben Hunt

14:30 The Fed's Balance Sheet Chart

18:00 Deposits in Banks Chart

27:20 BTFP

36:09 Raising Rates & Insolvency 

38:35 The Long Tail of Banks 

47:09 Treasury Returns?! 

54:45 Uncertainty & Bond Market 

58:20 Phase Change 

1:02:24 Signs of Health

1:06:55 What is Jim Doing? 

1:10:40 Closing & Disclaimers

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Resources:

Jim Bianco 

https://twitter.com/biancoresearch

https://twitter.com/biancoresearch/status/1638995201770536961 

https://twitter.com/biancoresearch/status/1639004727001358339 

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Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here:

https://www.bankless.com/disclosures