The Last Trade E024: Market Forces & Fed Reactions with Nik Bhatia
November 3, 2023
The Last Trade is a weekly market and macro show from Onramp Media, hosted by Marty Bent, Jesse Myers and Michael Tanguma with a rotating guest. This episode features Nik Bhatia on macro forces and the Federal Reserve. Onramp Media produces the series.
On this episode of The Last Trade, from Onramp Media, hosts Marty Bent, Jesse Myers and Michael Tanguma welcome Nik Bhatia. The conversation examines macro forces shaping markets, including ISM data, bonds, interest rates, and how the Federal Reserve is reacting to rising debt. The group also discusses cycle theory, the bond market's outlook, and Bhatia's view on how bitcoin could decouple from other assets. The Last Trade is editorial commentary from Onramp Media and is not investment advice.
Chapters
0:00 - Intro 1:58 - ISM, bonds and interest rates 18:14 - Cycle theory of investing 28:15 - Can companies survive? 35:18 - Message from Onramp 35:43 - Escape velocity 41:04 - Reactive Fed and debt binge 50:26 - Con game 58:00 - Bond market isn’t worried 1:06:10 - Bitcoin decoupling and price ceiling 1:32:00 - Plugging Nik’s book
Frequently Asked Questions
Who is the guest on The Last Trade episode 24?
Nik Bhatia joins hosts Marty Bent, Jesse Myers and Michael Tanguma to discuss macro forces (00:00).
What macro topics does the episode cover?
The conversation covers ISM data, bonds and interest rates, and the Federal Reserve's reaction to rising debt (01:58, 41:04).
Does the episode discuss the bond market?
Yes. The group discusses cycle theory and the bond market's outlook (18:14, 58:00).
What does the episode say about bitcoin and other assets?
Bhatia discusses bitcoin decoupling from other assets (1:06:10). This is the guest's framing, not investment advice from Onramp.
This episode is editorial and educational content. Onramp does not provide tax, legal, or investment advice. Bitcoin is volatile and may lose value. Past performance does not guarantee future results.