The Breakdown

A daily analysis of macroeconomics, bitcoin, geopolitics and big picture power shifts, hosted by Nathaniel Whittemore @nlw. The Breakdown is part of Blockworks.


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Investing
926
Why Chip Manufacturing Is at the Center of Grea...
This episode is sponsored by , and .   On this episode, NLW provides a 101-style primer on chip manufacturing and why it has become a key geopolitical concern for the U.S. and China, especially over the last few years.  - allows you to...
18 min
927
Are Regulators Spending Too Much Time on Crypto?
This episode is sponsored by , and .   On today’s episode, NLW looks at the latest chatter around the crypto industry, including: Jamie Dimon’s newest negative comments on crypto Acting OCC Hsu’s comments that crypto is taking up too much...
17 min
928
Inflation Surprise! Markets Swerve Wildly as Co...
This episode is sponsored by , and .   Today’s release of the September inflation numbers surprised economists with a larger-than-expected growth in inflation – particularly in the core inflation data on which the U.S. Federal Reserve...
17 min
929
Post-Narrative Institutionalization vs. Regulat...
This episode is sponsored by , and .   On today’s episode, NLW covers stories that reflect the two big themes of the 2022 crypto bear market: post-narrative institutional adoption on the one hand, and regulatory enforcement on the other. He...
17 min
930
Will Earnings Reports Portend Recession?
This episode is sponsored by , and .   On today’s episode, NLW checks in on the macro scene, including: What the earnings report season that begins this week might tell us about where corporate America is headed Why the Federal Reserve still...
17 min
931
Is PayPal Going to Fine You for Your Opinions?
This episode is sponsored by , and .   On Saturday, a PayPal policy was announced where customers could be fined up to $2,500 for misinformation and other causes, at the sole discretion of the company. The internet’s outrage was quick and...
16 min
932
A Legal Argument for Why Staking Doesn’t Make E...
This episode is sponsored by , and .   On this week’s “Long Reads Sunday,” NLW reads “.” The piece was authored by: Rodrigo Seira, crypto counsel at Paradigm Amy Aixi Zhang, policy counsel at Paradigm Jake Chervinsky, head of policy...
18 min
933
Ray Dalio and Big-Picture Power Shifts
This episode is sponsored by , and .   On this edition of the “Weekly Recap,” NLW looks at a slew of Federal Reserve comments indicating that no pivot on interest rates is on the horizon. He also reads a set of Ray Dalio threads as the...
17 min
934
Hacks and Doxxing Raise Questions About CeFi Ma...
This episode is sponsored by , and . On this crypto recap episode, NLW looks at the latest news including: Binance Smart Chain exploit Celsius user data leak  MiCA regulation text finalization    - allows you to trade on the spot...
16 min
935
What OPEC+ Oil Cuts Mean for the Global Economy...
This episode is sponsored by , and .   As inflation rages, the global economy slows, and the U.S. releases more and more oil from its Strategic Petroleum Reserve, OPEC+ has decided to decrease oil output. The move happens in spite of significant...
17 min
936
Elon’s Twitter Deal Is Back On!
This episode is sponsored by , and . On today’s episode, NLW checks in on “Uptober” and asks whether the market rally has legs beyond Monday. He then looks at the news that Elon Musk’s purchase of Twitter is back on track, and explores what...
16 min
937
After Rektember, Is Uptober Back?
This episode is sponsored by , and . After a brutal “Rektember,” might a green “Uptober” be back on the menu? On today’s episode, NLW looks at the markets’ impressive October Day One performance and what’s behind the positive shift. He...
18 min
938
Is Credit Suisse the Next Lehman Brothers?
This episode is sponsored by , and .   After a wild weekend of speculation and discussion, NLW breaks down what’s actually happening with beleaguered Credit Suisse, as well as why the FinTwit doom machine seems so focused on it.  - ...
16 min
939
What One Crypto VC Is Focusing on During the Be...
This episode is sponsored by , and .   On this edition of “Long Reads Sunday,” NLW reads threads from MacroAlf on , degentrading on and Meltem Demirors on . - allows you to trade on the spot and futures markets with a 50% discount on fees....
17 min
940
The Fed Crushes the Idea of a UK-Inspired Pivot
This episode is sponsored by , and .   On this edition of the “Weekly Recap,” NLW summarizes the Bank of England’s intervention into U.K. bond markets and covers comments from various Federal Reserve officials that make clear the BOE’s...
15 min
941
Jerome Powell Confusingly Calls Out DeFi for La...
This episode is sponsored by , and .   On today’s episode, NLW catches up on recent crypto news including: Jerome Powell’s recent comments on DeFi California enforcement actions An update on Do Kwon  TBD teams up with Circle - is a...
15 min
942
Is the Problem That Not Enough Is Breaking?
This episode is sponsored by , and .  On today’s episode, NLW examines a theory articulated by folks like analyst Jim Bianco. His theory is, the biggest issue for equities markets right now isn’t that things are breaking but that while...
19 min
943
As Bank of England Intervenes, Druckenmiller Se...
This episode is sponsored by , and .    The Bank of England made huge news today when it intervened in the U.K. bond markets to prop up pension funds in the country that were in serious trouble due to recent volatility. On this episode, NLW...
16 min
944
The Dollar Is Our Currency and Your Problem
This episode is sponsored by , and .    The joke du jour on FinTwit has been that the British pound is trading like an emerging market currency (or on Crypto Twitter, like a s**tcoin). On today’s episode NLW looks at what’s happening...
19 min
945
A Surprise Crypto Bill Veto in California
  This episode is sponsored by , and .    On today’s episode, NLW looks a set of recent crypto news, including: A veto of California’s version of New York’s BitLicense bill  A new DARPA initiative to study crypto as a...
18 min
946
Will the Debt Crush Powell’s Volker Dreams?
This episode is sponsored by , and .    On this week’s “Long Reads Sunday,” NLW reads by Eric Basmajian and by James Lavish. - is a security-first platform where you can buy, exchange and borrow against your crypto. The company...
19 min
947
The 'New Weird' and the Terror of the In-Between
This episode is sponsored by , and .    On this edition of the “Weekly Recap,” NLW looks at: The market’s reaction to the FOMC, a few days on The “golden handcuffs” in the housing market A recap of the bank CEO hearing on Capitol...
16 min
948
The CFTC Goes After a DAO
This episode is sponsored by , and .    On today’s episode, NLW looks at news that a draft of the House stablecoin bill is now circulating, and would, among other things, set out a two-year ban on algorithmic stablecoins like Terra. He...
19 min
949
The Single-Mandate Fed Says There Are Too Many ...
This episode is sponsored by , and .    On Wednesday, the U.S. Federal Reserve raised the benchmark federal funds rate by 75 basis points, the third consecutive hike of that size. The market expected this, but reacted negatively to...
19 min
950
'Housing Recession?' How the Beleaguered Real E...
This episode is sponsored by , and .    On today’s episode, NLW looks at the housing market, which has shifted dramatically in the last six months. Mortgages today cost more than double what they did last year – the biggest...
18 min