Guy Adami and I are back with our weekly video podcast series The Macro Setup brought to you by our presenting sponsor IG US, one of North America’s fastest-growing foreign exchange brokers. See the charts referenced in the video below.
Topics:
Equity Euphoria, Call Options Activity exploding, VIX Holds the line
Bitcoin’s Big Bang
Narratives about the USD, Defi, etc
Yield Curve Steepening, 10yr yield near 1yr high, banks love it
CHARTS:
VIX 2yr
Call Options Volume
SPX 2yr
NDX 2yr
RTY 3yr
Bitcoin 1yr
Bitcoin 5yr
Bitcoin 2018
Bitcoin 2020
SPX 3yr chart (20% peak to trough decline Q4 2018 and 35% peak to trough decline Q1 2020)
DXY (USD) 3yr Chart
Gold (XAU) 3yr
This brings us to DOGE
Keyword… JOKE
Not to Elon
OK back to reality…
Rates rising:
1yr chart of 10yr US Treasury Yield
10yr chart of 10yr US Treasury Yield
2-10 UST Yield Spread, 10year chart
Banks stocks love it
EUR/USD
GBP
