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Bankless

Stocks Up & Crypto Flat...Why? | Jim Bianco

Bankless

Bankless

Tech News, Technology, News

4.71.2K Ratings

🗓️ 15 July 2024

⏱️ 88 minutes

🧾️ Download transcript

Summary

Why are stocks up but crypto’s not? What happened to the bull market?

Jim Bianco is the perfect guest to intersect crypto, traditional finance and the broader macro world. And that’s exactly why we brought him on the show today. 

We ask him:

- Are tech stocks in an AI bubble?
- Is crypto going to have its moment?
- How’s the U.S economy really doing?
- What are the next potential market movers?

Jim guides us through all this, not only that, he explains how he’s positioning himself and his portfolio for 2024.

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TIMESTAMPS

0:00 Intro
5:28 Stocks Outperforming Crypto?
12:36 AI Bubble?
18:05 Buffet Indicator
22:57 Money Markets at ATH
28:21 Crypto ETFs
38:02 Tokenization
42:50 Crypto’s Political Shift
51:37 Crypto’s Pain Points
1:04:19 Inflation
1:12:07 Recession Coming?
1:22:05 Market Movers
1:26:37 Jim Bianco’s Portfolio
1:32:48 Closing & Disclaimers

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RESOURCES

Jim Bianco
https://x.com/biancoresearch  

Bianco Research
https://www.biancoresearch.com/visitor-home/  

Bianco Research Advisors
https://www.biancoadvisors.com/  

Exponential
https://exponential.fi/  

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Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures ⁠ 

Transcript

Click on a timestamp to play from that location

0:00.0

If you look at Invidia, the FOMO around Invidia is not necessarily the price breakout, but the narrative.

0:07.0

I get it, it's going to be the biggest thing since the internet, maybe bigger than the internet.

0:12.0

That's how you got to get people into the crypto space.

0:15.0

Not just talking about whether or not we're going to get to 100,000 and FOMO in everybody after that,

0:21.0

but what does it do? What do we do with it other than custied it and

0:25.7

wait for the price to go up? Welcome to Bankless, where today we're exploring the reason why stocks are up and

0:38.8

crypto is down or flat. This is not the bull market we were promised. This is Ryan John

0:44.3

Adams. I've got a solo episode for you guys today. David's out at ECC and he's climbing

0:48.6

mountains. So I am here to help you become more bankless. That's the question for today. Why are stocks up but

0:55.4

crypto isn't? We have macro investor Jim Bianco on the podcast today. And whenever I'm trying

1:01.1

to make sense of something that doesn't make sense to me in macro and the broader finance world,

1:06.0

Jim is just the perfect guest to ask.

1:08.0

So I brought them on, I had a handful of questions that were top of mine, we just dove right in.

1:12.0

Number one, we just dove right in.

1:12.6

Number one, we talk about tech stocks.

1:14.4

Why are they at all-time highs?

1:16.4

Is this a bubble or it's at a breakout for tech stocks?

1:19.5

Number two, is crypto going to have its moment?

1:21.9

Are we gonna enter the banana zone? Are we headed for disappointment?

1:25.6

This is going to be a muted cycle for crypto. Say it ain't so. Number three, how's the U.S. economy really doing?

1:32.2

It's really hard to find signal here. I'm getting so many mixed methods. Number three, how's the US economy really doing?

1:32.6

It's really hard to find signal here.

...

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