Show notes
The markets are rattled. Tariffs are rising. Investors are pulling back.In this week’s Bits + Bips, the panel digs into what’s really driving the selloff, why the Fed may be stuck, and how Trump’s tariff logic could trigger deeper economic shocks than anyone expects.Plus:Whether Bitcoin becomes a safe havenWhat makes this downturn different from 2022 and 2020Why a potential recession still isn’t priced inWhether Congress can take the tariff button away from TrumpAnd yes, Ram coins a new term: FAFO tariffs 😀Sponsors:BitwiseHosts:James Seyffart, Research Analyst at Bloomberg IntelligenceAlex Kruger, Founder of AsgardRam Ahluwalia, CFA, CEO and Founder of LumidaNoelle Acheson, Author of the “Crypto Is Macro Now” Newsletter LinksTariffs:Recent coverage of Unchained on the economy and tariffs: Arthur Hayes on Why Tariffs Will Be Good for Bitcoin and CryptoBits + Bips: Trump’s Tariffs Are Causing Mayhem, But Will They Revive U.S. Manufacturing?Trump Tariffs Sink Crypto, BlackRock Pumps Bitcoin’s BagsWhy Trump-Induced Stagflation Could Finally Make Bitcoin a Safe HavenIn Market Crash, What Should You Buy? Crypto VCs Are Making These Bets10-year yield and the FedCNBC: 10-year Treasury yield rises back above 4% despite tariff threat to growthReuters: No Fed 'put' when it's unclear which way the economy may pivot2008 Market CrashFederal Reserve: The Great Recession and Its AftermathCNN: Bailout Plan Rejected - Supporters ScrambleCan Congress Step In?Economist: How Donald Trump’s Tariffs Will Probably Fare in CourtPolitico: Trump Threatens Veto of Bill to Curb Tariff PowerTimestamps:👋 0:00 Intro📉 3:30 Why this selloff feels nothing like 2022 or 2020🪞 8:41 Why buying signals could be a mirage🤔 11:28 Is the bear market already priced in? What investors are missing.🏚️ 14:35 Could this turn into a fall “2008 scenario”? And what real buyers are doing now🧮 25:57 Why Trump’s tariff math is wrong, and how it will create problems for the administration📈 36:15 Why Trump wants the 10-year yield down, and why he’s failing🛟 39:59 What counts as a safe haven right now, and is bitcoin one of them?🏦 52:42 Can the Fed stand up to Trump’s pressure to cut rates?🚫 57:56 Trump thinks that the trade deficit is a profit/loss statement. Why that’s a problem. ⚖️ 1:01:19 Can Congress pull Trump’s tariff authority?💵 1:06:32 Can stablecoins save dollar demand? Learn more about your ad choices. Visit megaphone.fm/adchoices
