News Block: War Erupts in Middle East, RFK Jr. Announces Independent Run, Worst Bond Market of All Time, Gaslighting Jobs Report
In this week's episode of the Coin Stories News Block, we cover the week's major headlines related to Bitcoin and global finance:
- Potential economic impacts of war between Israel and Hamas
- Oil prices and comparisons with the 1973 Yom Kippur War
- Pro-Bitcoin presidential candidate RFK Jr. announces he'll run as an Independent
- RFK Jr. calls fiat the 'Currency of War'
- Are we in the worst bond bear market of all time?
- The far-reaching consequences of soaring bond yields
- Is recent jobs data showing strength or weakness?
- Boomers are driving spending as younger generations fall behind
- Former FTX co-founder’s damning testimony against SBF
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References mentioned in the episode:
- Oil Shock of the Yom Kippur War in 1970s
- RFK Jr. Interview on Fiat’s Usecase to Fund War
- Worst Treasury Bond Bear Market of All Time
- Average 30-Year Mortgage Rate Approaching 8%
- Treasury Issues Trillions in New Bonds
- Jeffrey Gundlach Warns of the Problem with Bonds
- Deeper Data from the “Strong” Jobs Report
- US Consumer Sentiment Hit 4-Month Low
- Seniors Have All the Money to Spend
- Former FTX CTO Testifies Against His Co-Founder
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This podcast is for educational purposes and should not be construed as official investment advice.
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