The show Macro Markets, hosted by Marcel Pechman, which airs every Friday at 12 pm ET on the Cointelegraph Markets & Research YouTube channel, explains complex concepts in layman’s terms and focuses on the cause and effect of traditional financial events on day-to-day crypto activity.
Viewers will learn how the ups and downs of the S&P 500 P/E are like the peaks and valleys of cryptocurrencies and why this indicator can go down even if the stock market stays the same. Pechman explains why the Fed adds to or takes away from its reserves, which are mostly made up of U.S. dollars, government bonds, gold and foreign currencies. Then it talks about how the market tends to pay too much attention to decisions about interest rates.
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Source: Cointelegraph - 🏆 562. / 51 Read more »