The financial market is getting wrecked, inflation is still a problem, and bitcoin isn’t acting like the hedge that it’s supposed to be. Is this a real economic shift, or just noise?With tariffs, stagflation fears, and fiscal dominance taking center stage, hosts James Seyffart, Joe McCann, Ram Ahluwalia and Noelle Acheson break down:Why markets are struggling—and whether a recession or stagflation is comingWhether the Fed has become irrelevantHow the stablecoin bill could rescue sales of treasuriesWhy bitcoin isn’t following gold’s rallyThe factors that could kickstart the next crypto boomThe latest on all the dozens of crypto ETFs in the worksSponsors:BitwiseHosts:James Seyffart, Research Analyst at Bloomberg IntelligenceJoe McCann, Founder, CEO, and CIO of AsymmetricRam Ahluwalia, CFA, CEO and Founder of LumidaNoelle Acheson, Author of the “Crypto Is Macro Now” Newsletter LinksThe stagflation tradeBloomberg: Stagflation Trade Emerges as Rare Winner in US Stock Market RoutReuters: Fed's Powell gets chance to address trade war, stagflation fearsTweet by Noah SmithBudget billWharton: The FY2025 House Budget reconciliation and Trump Administration Tax Proposals: Budgetary, Economic, and Distributional EffectsStablecoin bill:Unchained: Stablecoin Bills Could Squeeze Out $140 Billion TetherCoinDesk: U.S. Senate Takes First Big Step to Advance Stablecoin BillSolana futuresCointelegraph: Solana futures finish first trading day on CMESolana adUnchained: Solana Deletes ‘Cringe’ Ad After Crypto Community BacklashTimestamps:👋 📉 🌎 📊 🐶 📉 💰 🏛️ 🔄 ⚠️ 🥇 🏦 🚀 📉 ✅ 📣 Learn more about your ad choices. Visit megaphone.fm/adchoices