Macroeconomics: Yield Curve, Inflation, Unemployment, Stocks, and Recessions

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  • Опубліковано 5 лют 2025
  • During a period where many of us have decided to become armchair economists (myself included), I thought it would be somewhat useful to dive into some larger trends shaping in the current macroeconomic landscape. We can see some inversions on the yield curve, inflation remains high, and the #Fed will likely have to continue raising rates into a slowing economy due to rampant #inflation. Of course anything can happen, but the outlook on some of these metrics can be useful in navigating these market conditions.
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КОМЕНТАРІ • 135

  • @intothecryptoverse
    @intothecryptoverse  2 роки тому +328

    ah yes, me pretending to be an expert at macroeconomics

    • @supremebeing7834
      @supremebeing7834 2 роки тому +2

      Are you not ?

    • @Momonari
      @Momonari 2 роки тому

      Did you notice that dxy is very close to ~120 level. We might get there by end of year

    • @dukdive
      @dukdive 2 роки тому +6

      It's useful and informative bud, keep it up

    • @wmcando
      @wmcando 2 роки тому

      Would be awesome if you could do a video on rate expectations, including euro dollar futures

    • @mikevelicanski7103
      @mikevelicanski7103 2 роки тому +2

      You're probably better than most 🤣

  • @mikevelicanski7103
    @mikevelicanski7103 2 роки тому +111

    Ben I've been watching you for a couple of years now. You are trully doing amazing job educating people and sharing your thoughts. Your content is second to none! Absolutely incredible. Keep it up mate! Greetings from Sydney

  • @dude3678
    @dude3678 2 роки тому +14

    You can tell Ben is frustrated with UA-cam and Twitter. This is what happens when a literal rocket scientist meets a bunch of degenerate crypto traders. Around 20 minutes into the video he goes into kindergarten teacher mode and it hilarious to me. Great video. Thanks man.

    • @cicatrace
      @cicatrace 2 роки тому +2

      Well yeah unfortunately the human race isn't as smart as it would like to think it is... generally speaking. Again, generally speaking, it seems like most of us have too much ego to reach our full potential. You're unlikely to change or try to better yourself if you already see yourself as being above average, which most people seem to think they are. It's all about perspective really. Having confidence and having doubt is good, it's all about balance. The reverse is also true: smart people tend to actually be too humble, and don't speak loud enough.

  • @jazzyj2899
    @jazzyj2899 2 роки тому +2

    holy smokes you fucking nailed this explanation for the layman. took me months to gather this bit by bit and you pieced it all together in a single video.

  • @samb8076
    @samb8076 2 роки тому +24

    Who needs to take a macro economic class at college when you can just watch this video. You covered everything. Excellent work

  • @corbinrandall6897
    @corbinrandall6897 2 роки тому +1

    Thanks for the wholistic view Ben. Your channel is so valuable and is genuinely looking out for people vs. just shilling crypto 24/7 brainlessly. We all believe its the future, but there's good and bad times to buy. Thanks for the wisdom.

  • @dinoman-1skicoin384
    @dinoman-1skicoin384 2 роки тому +36

    Ben is an absolute Top G. So insightful. Love you Ben. God Bless you.

    • @algocision
      @algocision 2 роки тому +1

      He’s such a high value male

    • @galan.955
      @galan.955 2 роки тому

      He is the alpha

  • @cryptocurrencyforbeginners8365
    @cryptocurrencyforbeginners8365 2 роки тому +12

    Anyone new to crypto just listen to this guy he will not give you no nonsense! Pure class information

  • @edmor1086
    @edmor1086 2 роки тому +31

    The 130% debt to GDP is another factor to consider as to how high they can raise the rates.

  • @TomCrown
    @TomCrown 2 роки тому +2

    Super quality video, had some viewers recommend this one. Did not disappoint!

  • @k9man163
    @k9man163 2 роки тому +18

    love the insight. I also absolutely love that you don't do adverts. Please never change Ben! Oh also, I don't buy your stuff, but, from what I've seen you offer some of the most practical looking stuff! not just some hype guy telling you how to keep grinding.

  • @PeterParker-bw1eo
    @PeterParker-bw1eo 2 роки тому +2

    I think you did a good job explaining some of the macro factors. My personal view is, that the U.S. has an asset price inflation combined with too much demand for some goods during a supply chain disrupption due to the lockdowns in china. Europe on the other hand has a commodity based inflation due to the russian invasion and soaring natural gas prices. These factors caused a dissruption in the Euro/Dollar market and the DXY soared, while the Euro crashed more than 18%. The strenghtening of the Dollar caused a flight to savety from big money and a sell off from risky assets. In my opinion its gonna be pretty hard for central banks to tame infaltion, until commodities (espacially natural gas) will cool down. Goldman Sachs predicted the CPI for the U.K. to top out nearby 17-20% next year, which is insane. So there likely will be more pain to come because these markets are so interconnected. If the EU/UK are in a recession and cant buy the goods/services from the US anymore, this will have a trickle down effects on the US economy, even if the US CPI has already peaked.

  • @dmscorpius2844
    @dmscorpius2844 2 роки тому +11

    You're one of the smartest dudes out there. Good work

  • @MarkSmithhhh
    @MarkSmithhhh 2 роки тому +16

    Today were gonna talk about unemployment and it's native token jobs

  • @garcon8552
    @garcon8552 2 роки тому +2

    Big thanks for actually stepping thru definitions of Risk On/Off. Hear the terms, but no one specifically defines them.. As well, same kudos on yield curve discussion, solid video.

  • @Mark__1__15llll
    @Mark__1__15llll 2 роки тому +34

    Thanks Ben. I always wondered why the 2 & 10 year are important. Great stuff.

  • @ShaneBeckingham
    @ShaneBeckingham 2 роки тому +7

    I'm here for the "macroeconomicsverse"!

  • @rick5493
    @rick5493 2 роки тому +32

    Thanks Ben!! I finally understand how this works. Well done!

  • @tariqinstru7143
    @tariqinstru7143 2 роки тому +1

    Many thanks Ben for your time and efforts !!!

  • @lawrencewhite7443
    @lawrencewhite7443 2 роки тому +3

    When you search for a quick crypto video and end up with an economics degree

  • @FiatIsDead
    @FiatIsDead 2 роки тому +5

    ...and welcome BACK to the macroeconomicsverse!

  • @70sdude68
    @70sdude68 2 роки тому +6

    I love learning with Ben! You're doing an awesome job. Thanks again!

  • @WhatsGoingOn1991
    @WhatsGoingOn1991 2 роки тому +1

    Excellent video, well explained. Do you plan to produce some collab videos with other macroeconomics experts to talk about bonds, raw materials, commodities etc.? Once started, you really want to dive even deeper into this topic because you find confluence everywhere.

  • @westcoastdevo
    @westcoastdevo 2 роки тому +2

    bro your brain is incredible. great great great observations and findings in these markets.

  • @muneebulhassan7823
    @muneebulhassan7823 2 роки тому +2

    it definitely helps some people i.e me. Always a different perspective of market. Great Content Ben. Sitting on cash still patiently.

  • @coolraul83
    @coolraul83 2 роки тому +3

    Great presentation Ben, nice write up!

  • @JayRappa
    @JayRappa 2 роки тому +1

    I’m really enjoying these videos in addition to the Crypto space.

  • @janstehlik8713
    @janstehlik8713 2 роки тому +3

    Thanks! you are the best! Around last fall I asked for macro videos. I really appreciate this!!

  • @terrybradley6926
    @terrybradley6926 2 роки тому +5

    More of this type of content please

  • @lucasdaniov
    @lucasdaniov 2 роки тому +1

    Thanks for your insight Ben, could you do one of these for the situation in Europe?

  • @mirelhebre6626
    @mirelhebre6626 2 роки тому +1

    Top content as usual !

  • @Nasumbati
    @Nasumbati 2 роки тому +1

    Every beginning of the verse with a comical smile n chuckle

    • @Nasumbati
      @Nasumbati 2 роки тому +1

      But yet brilliant soon then after

  • @Oldetownecycle
    @Oldetownecycle 2 роки тому +1

    Absolutely great breakdown 👍🏻👍🏻 Really have a difficult time thinking anyone could think bottom is in. Thanks!

  • @luxbubble104
    @luxbubble104 2 роки тому +3

    Thanks Benjamin…great explanation of all the moving parts.

  • @ajimoo
    @ajimoo 2 роки тому +2

    Amazing work mate you explain everything to a tee and easy to digest and tie it all together. Love your work and keep going!!!!!

  • @3LARI
    @3LARI 2 роки тому +3

    Ben, you are a saint. Thanks for this.

  • @nowshadtalukder
    @nowshadtalukder 2 роки тому +3

    Very informative and excellent observation

  • @mrstein80
    @mrstein80 2 роки тому +3

    Ben for Fed Chair after JP!

  • @yasinyaqoobi
    @yasinyaqoobi 2 роки тому +2

    Great video but you didn't explain the reason why the yield curve inverts.

  • @vanquishfist
    @vanquishfist 2 роки тому

    Please keep updating us on this topic, SUPER useful.

  • @10000words1
    @10000words1 2 роки тому +2

    Great video, Ben, as per usual. Keep an eye on the SPX 200 day MA 👀

  • @jacob1376
    @jacob1376 2 роки тому +2

    Nailed that intro

  • @JohnnyBeGood69
    @JohnnyBeGood69 2 роки тому +1

    Again great video Sheldon!

  • @mattyjc4853
    @mattyjc4853 2 роки тому +2

    Thanks Ben, enjoyed your vid!

  • @HORUS9
    @HORUS9 2 роки тому +1

    more content like this please!!!

  • @chrisrob7276
    @chrisrob7276 2 роки тому

    Luv yr work Ben BUT WHY didnt you take your graph back to the 87 crash. If it worked so well I think you should have included this time instead of cutting out just to perhaps support this angle??

  • @11echo10
    @11echo10 2 роки тому +1

    Thanks Ben. Great job as usual.

  • @Studiosebesama
    @Studiosebesama 2 роки тому +1

    good job ben

  • @Cosmobrosomething
    @Cosmobrosomething 2 роки тому +1

    Awesome video

  • @westeros1820
    @westeros1820 2 роки тому +1

    Thanks Ben. Really great vid and interesting takes

  • @gaunter6160
    @gaunter6160 2 роки тому +2

    Awesome video, as always !

  • @Highgearbro
    @Highgearbro 2 роки тому +2

    Man I love your lessons! U just earned a sub and a like 👍 this is sum good stuff! 🔥

  • @Ta2dwitetrash
    @Ta2dwitetrash 2 роки тому +2

    Way to be on top of those bots! That can't be easy.

  • @joshi2875
    @joshi2875 2 роки тому

    When are you going to do that sale again for your membership so I can join it. 😅

  • @tomasrothroth8605
    @tomasrothroth8605 2 роки тому +1

    thanks Ben

  • @almor2445
    @almor2445 2 роки тому +1

    One time the markets didn't hit bottom once then recover while the economy failed was the great depression. Stocks tumbled worse the 2nd time and stayed low for 30 years. Also the fed refused to act then as well.

  • @plumbob6449
    @plumbob6449 2 роки тому

    Thankyou. More of these please mate 🤙

  • @CRYPTOLP33
    @CRYPTOLP33 2 роки тому +2

    Great video Ben! 💯❤️👍💀

  • @ER-iw4pu
    @ER-iw4pu 2 роки тому +2

    Thanks Ben. Good stuff.

  • @edwardhorton8684
    @edwardhorton8684 2 роки тому +1

    Great job Ben-many THX!!

  • @andersullberg5196
    @andersullberg5196 2 роки тому +1

    Thanks!

  • @demetriot
    @demetriot 2 роки тому +2

    very helpful

  • @birdonfiremedia
    @birdonfiremedia 2 роки тому +1

    We could be only half way down yet. From what I see, after YOY inflation peaks (USIRYY) and starts coming down, it seems to bring the stock market (and employment) down with it. Looking a lot like August 08.

  • @kikifoote4529
    @kikifoote4529 2 роки тому +1

    great video!

  • @0101german
    @0101german 2 роки тому +3

    Ahhh yes the macroeconomic verse

  • @manafsaati2442
    @manafsaati2442 2 роки тому

    from this it seems like the s&p has just started and still has a long way down to go. does it mean its more likely for btc to the same and probably visit 10k if not lower?

  • @CRIZZIGaming
    @CRIZZIGaming 2 роки тому +1

    Good content but I think as long as the yield is below real inflation, big money has no interest in buying bonds.

  • @bcrypto628
    @bcrypto628 2 роки тому +2

    Into the no-advert-verse.

  • @gazfromscotland7872
    @gazfromscotland7872 2 роки тому +1

    Thanks Ben, very helpful 👍

  • @mehmetagaoglu5883
    @mehmetagaoglu5883 2 роки тому +1

    Great video Ben thanks..... Says alot....

  • @jakaciman2620
    @jakaciman2620 2 роки тому +1

    Thanks BEN.

  • @michaellewis9810
    @michaellewis9810 2 роки тому +1

    Nice I've been working on a Twitter thread about this

  • @assassin7754
    @assassin7754 2 роки тому +1

    Great video bro

  • @jonathanbruno5524
    @jonathanbruno5524 2 роки тому +1

    Thank U, Ben

  • @tedmahachi
    @tedmahachi 2 роки тому +2

    More macroeconomics Ben. More.

  • @alfaroalex67
    @alfaroalex67 2 роки тому +1

    Solid video

  • @basedbonsai
    @basedbonsai 2 роки тому

    anyone know what charting system Ben is using here?

  • @CyberSerene
    @CyberSerene 2 роки тому +1

    Helpful!

  • @liviudumitrubotezatu46
    @liviudumitrubotezatu46 2 роки тому

    Brilliant! Thanx Ben. Could you make a video on what investments/strategies are good/have proven good in a recession? 10q

  • @mrgreen1633
    @mrgreen1633 2 роки тому

    Good one.Recession next year maybe?

  • @mehdieinifar740
    @mehdieinifar740 2 роки тому +2

    Your hair has entered the crypto winter Benjamin … time to get a hair cut lol

  • @Sir_Lurker
    @Sir_Lurker 2 роки тому

    What about stablecoins with double digit APY?

  • @vigneshkareddy881
    @vigneshkareddy881 2 роки тому +1

    thanks ben, finally undertand this. wrote some scripts aswell
    :)

  • @chrismccuan5027
    @chrismccuan5027 2 роки тому

    Until Ben's charts say we're close to or have hit the bottom I'm not budging.

  • @b3makinn
    @b3makinn 2 роки тому

    how high will the usd go?

  • @kmw1175
    @kmw1175 2 роки тому +4

    Ben, your hairline is indicating a V shape recovery

  • @mikea9025
    @mikea9025 2 роки тому

    More macro please!

  • @arshia1678
    @arshia1678 2 роки тому +1

    god bless you man

  • @richardcarson8385
    @richardcarson8385 2 роки тому +1

    If retail can’t afford housing, rent and work part-time, without benefits, with higher average CPI continuing, with uncertainty with regards to future entitlement spending by the government and learning that ai automation means less broader options for all college graduates to obtain a higher paid career, after graduating college with $100 to $200k debt, then the only remaining retirement option outside of collecting UBI is to buy risky long term options like crypto and top equity stocks, The smart part time worker/retail investor ‘who researches their options will DCA the bear market dips. ps. as we all know politics have their heads in the sand when it comes to real unemployment, out of the work force numbers and much higher homeless numbers. At what point do we move from MMT and risk on risk off investing and pivot to long term infrastructure spending to increase economic activity.

  • @rockysingh9979
    @rockysingh9979 2 роки тому +1

    Best content on the fucking net!!!

  • @grahamburton9937
    @grahamburton9937 2 роки тому +3

    Macroverse Ben

  • @eduardoarreola486
    @eduardoarreola486 2 роки тому +2

    I... am actually studying economics at university. XD

    • @intothecryptoverse
      @intothecryptoverse  2 роки тому +2

      Then why are you not making videos for us?

    • @eduardoarreola486
      @eduardoarreola486 2 роки тому +1

      @@intothecryptoverse I have been thinking about it. But you know that thing where you know that you know more than the average person but you also know there are people out there with even better understanding. That's why I like watching your channel a lot. I've honestly learned more from you and a few others about economics than some of my actual classes. Y'all keep it real.

    • @eduardoarreola486
      @eduardoarreola486 2 роки тому +1

      @@intothecryptoverse also I'm barely starting my junior year. I do have a lot to learn.

  • @stiiizyjones14
    @stiiizyjones14 2 роки тому +1

    So buy bitcoins?

  • @redhead5932
    @redhead5932 2 роки тому +1

    ben

  • @BasedNation
    @BasedNation 2 роки тому +1

    Market is F’d

  • @wheels8004
    @wheels8004 2 роки тому +1

    Forbes hasn’t wrote me back yet

  • @dramandanoelle
    @dramandanoelle 2 роки тому +1

    Macroeconomics-verse lol

  • @dansouth7507
    @dansouth7507 2 роки тому

    What about the crazy spike in unemployment on the chart? Seems like the elephant in the corner

  • @haepisaus
    @haepisaus 2 роки тому +1

    TL;DR: Strap the fuck in everyone

  • @benenginmuratturan8472
    @benenginmuratturan8472 2 роки тому +1

    💪🏻⚡