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Inflation. Why is it killing our assets? From crypto to equities… even bond markets are taking an historic hit right now.

Are we in for a short term pull back on asset prices, or a multi-year recession?

Jim Bianco—the DeFi savvy macro investor—joins Bankless to give us the truth: how bad is it gonna get?

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• Jim Bianco

Jim Bianco biancoresearch.eth @biancoresearch

1/8 Markets opened Sunday night and it is clear they are viewing Friday's CPI as a watershed event. *NASDAQ 100 FUTURES DROP 2%, S&P 500 CONTRACTS DOWN 1.5% *YEN WEAKENS TO 135 PER DOLLAR PUTTING 24-YEAR LOW IN SIGHT *WON SLUMPS 1.5% TO 1,287.95 PER DOLLAR AMID RISK AVERSION

3:06 AM ∙ Jun 13, 2022

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835Likes153Retweets

Dan McArdle @robustus

US national debt is $30.5T That's $305B in *just interest* for every 1% rise in rates 5% rate = $1.525T interest That's more than we spend on: -Military -Social Security -Medicare+Medicaid -All federal agencies *combined* (incl dept of defense) There's a hard ceiling to rates

3:29 PM ∙ Jun 11, 2022

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186Likes31Retweets

Jim Bianco biancoresearch.eth @biancoresearch

My newsfeed tonight is full of market dysfunction all over the place. From stocks, to bonds, to crypto, and in Japan. This is not unusual. When markets go bad, everything goes bad at once. The tide went out and a lot of people are swimming naked.

4:30 AM ∙ Jun 13, 2022

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678Likes96Retweets

Jim Bianco biancoresearch.eth @biancoresearch

A couple of fan favorites updated. Make no mistake, these charts suggest the pain in the bond market remains intense. How close are we to something REALLY breaking?

2:11 PM ∙ Jun 14, 2022

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511Likes99Retweets

Luke Gromen @LukeGromen

The amount of rate hikes or demand destruction needed to stop inflation will bankrupt most sovereigns.

8:08 PM ∙ Jun 9, 2022

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2,839Likes475Retweets

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

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