S&P 500
6,070 +0.03%
NASDAQ Composite
NASDAQ
19,967 +0.27%
Bitcoin
BTC
$107,139 1.51%
Ethereum
ETH
$2,412 -1.13%
US10Y
4.3161% 0.0215
Header logo
  1. Research
  2. Crypto Research
  3. Crypto Strategy

The Path Forward (Core Strategy Rebalance)

Aug 5, 2024 • 6 Min Read
Author
Sean Farrell
Sean Farrell AC

What Happened

We won't spend time diving deeply into the events of the past few days as most are likely already familiar. In short, concerns about a potential domestic recession were ignited last Friday following a weak jobs report. This caused the dollar, particularly the USDJPY, to decline, triggering an unwinding of the yen carry trade and leading to widespread deleveraging across global markets. During such a global margin call, investors often sell what they can when they can to meet their obligations. Crypto, which remains open for business 24/7, makes it an accessible source of liquidity...

Unlock this article with a FREE 30-Day Trial!

An FSI Pro, or FSI Crypto subscription is required in order to access this content.

*Free trial available only on a monthly plan

Already a member?

Get invaluable analysis of the market and stocks. Cancel at any time. Start Free Trial

Articles Read 2/2

Keep reading by starting your Free Trial today!

You are reading the last free article.

Already have an account? Sign In