The Fed surprises + oil drama
Plus: Bitcoin benefits from AI wealth, US + EU macro and more
“If one does not know to which port one is sailing, no wind is favourable.” – Seneca ||
Hi everyone! How, seriously, can it be the end of April already…
Production note: it’s a public holiday in much of Europe tomorrow, so this newsletter will be skipping publication – back on Saturday with the free weekly.
Because of the holiday, no “Press Publish” this week, but back next Friday! Meanwhile, check out my conversations with Irina Slav, Brady Dale and Christine Kim here.
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IN THIS NEWSLETTER
The Fed surprises
Macro: US and Eurozone data
Term of the day: Eurozone
Bitcoin benefits from AI wealth
Crypto is Macro Now offers ~daily commentary and updates on the overlap between the crypto and macro landscapes. Plus links and more.
If you’re a premium subscriber, thank you!! ❤
WHAT I’M WATCHING:
The Fed surprises
Many of us had expected a poignant yet uneventful FOMC press conference yesterday, with Chair Jerome Powell gracefully avoiding saying anything of substance before exiting stage left.
We didn’t get that.
