ATC quote · Aug 5, 2024 · 0:27:20
“Right. So in the TradFi world, we saw the bleeding begin Friday after the unemployment report. Remember last week, we mentioned keep an eye on these reports, guys, because it's important. So what…”
NatNat @Natnatx007 (speaker unconfirmed)
From ATC: Is $BTC going to $10,000? $STX to $0.50? $ETH to $800, Aug 5, 2024 · Episode page

In context
0:24:26 Dave @DCBK2LA (speaker unconfirmed): Oh, shit. Say something real quick, MV. What the fuck? What kind of sorcery is this? MB, don't you dare do that again. Don't you dare tease us like that. Unbelievable. Oh my goodness. Were you gonna play something, MB? Do you wanna play something? Goddamn it. Good job, though. Oh, she was rugged. He was rugged. It was rugged. Whatever. So my point is, at 58,000, you have 30,000,000,000. Right? Now as the price…
0:27:20 NatNat @Natnatx007 (speaker unconfirmed): Right. So in the TradFi world, we saw the bleeding begin Friday after the unemployment report. Remember last week, we mentioned keep an eye on these reports, guys, because it's important. So what happened is there's something called the SAM rule. Okay? So the SAM rule is it signals onset of recession when the three months average unemployment rate rises above 0.5 percentage points, and that's where it came in on…
0:31:19 Dave @DCBK2LA (speaker unconfirmed): I love that, Nat. I love it. And for those that are wondering, like, what the carry trade is, right, like, that's a really big thing on Wall Street. Right? So, essentially, what you do with the carry trade, like, it's a currency trade. Right? So let's just say, for example, like, you borrow, like, the yen. Right? Because traditionally, like, it's been... Japan has been known to have, like, the lowest interest rate…
Show discussion only, not financial advice. Transcripts are auto-generated.
