The Path Forward (Core Strategy Rebalance)

Name: FS Insight
Price range: $$$

Aug 5, 2024 • 6 Min Read

Author

BTC -1.94% ETH 2.57% HNT 6.46% MKR 5.47% SOL 0.49% STX N/A% COIN +1.89% CORZ -1.34% HOOD +4.4% HUT -2.44% IREN -0.66% MARA -2.65% SMLR -5.41% WULF -4.85%

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 liqu...

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The Path Forward (Core Strategy Rebalance)

What Happened

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