This episode is sponsored by Nexo.io, Circle and Kraken.
On today’s episode, NLW turns back to the macro, where some amount of optimism had seeped into risk assets since a better-than-expected inflation report a few weeks ago. On Monday, a group of Federal Reserve officials were trotted out to make the point to markets they might once again be getting ahead of themselves with expectations of any sort of soon-to-be Fed pivot.
See also: Sam Bankman-Fried Addresses Withdrawals, FTX Collapse in Newly Released Audio Interview
“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell and research by Scott Hill. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. Music behind our sponsors today is "Back To The End" by Strength To Last. Image credit: DNY59/Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.