In this episode, Jeff deGraaf joins the show to discuss the current market regime and why he thinks a recession is unlikely, how he is thinking about the different S&P sectors, and how foreign markets like Europe and China compare to the US. We also delve into the outlook for yields and monetary policy, credit spreads, gold, Bitcoin, and more. Enjoy!
__
Follow Jeff deGraaf: https://x.com/RenMacLLC
Follow Felix: https://x.com/fejau_inc
Follow Forward Guidance: https://twitter.com/ForwardGuidance
Follow Blockworks: https://twitter.com/Blockworks_
Forward Guidance Newsletter: https://blockworks.co/newsletter/forwardguidance
Forward Guidance Telegram: https://t.me/+nSVVTQITWSdiYTIx
—
Forward Guidance Audience Survey: https://forward-guidance.beehiiv.com/forms/109bcbf7-0948-43b8-be8d-5390a5198125
—
Join us at Digital Asset Summit 2025 March 18th - 20th. USE CODE FG10 FOR 10% OFF general admission!
https://blockworks.co/event/digital-asset-summit-2025-new-york
__
Ledger, the world leader in digital asset security for consumers and enterprises, proudly sponsors Forward Guidance, where traditional finance meets crypto. As Ledger celebrates a decade of securing 20% of the world’s crypto assets, it offers a secure gateway for those entering digital finance. Buy a LEDGER™ device today and protect your assets with top-tier security technology. Buy now on Ledger.com.
—
Timestamps:
(00:00) Introduction
(03:09) Market Cycle Clock Explained
(06:09) Deciphering the Market Regime
(10:13) Sector Performance and Predictions
(11:01) Ledger Ad
(11:46) Sector Performance and Predictions (Con't)
(19:04) Outlook for European and Chinese Markets
(24:30) Monetary Policy and Fixed Income Outlook
(32:48) Ledger Ad
(33:33) Monetary Policy and Fixed Income Outlook (Con't)
(34:35) Credit Spreads and Market Sentiment
(37:08) Gold and Bitcoin
(41:27) Highest Conviction Bet for 2025
__
Disclaimer: Nothing discussed on Forward Guidance should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.