Wall Street Unplugged - Your Best Source For Finance, Investing & Economics

Markets are trading lower ahead of Fed Chair Jerome Powell’s speech this afternoon. I give my take on what Powell will say… and whether you should expect a Fed pivot anytime soon. Bitcoin continues to trade around $17,000 despite the FTX meltdown. I break down why this volatility reminds me of the dot-com days… how one big asset manager is moving into crypto… and how investors should play the chaos in the crypto market. Well-known short seller Mark Cohodes is going after crypto stock Silvergate Capital—going so far as to call the company a fraud. I explain why I’m skeptical of the short thesis… and why the stock could rally 200% from here. Plus, one more crypto stock for your watchlist. In this episode  What to expect from Powell’s speech [0:30] Will the Fed pivot anytime soon? [5:25] Why Bitcoin is resilient amid the crypto market chaos [7:15] Why I’m skeptical of the short thesis on Silvergate Capital [10:14] One more crypto stock to watch [33:28] Enjoyed this episode? Get Wall Street Unplugged delivered