Market Update - April 18, 2023

A shifting of tides

Did you watch today’s US Congressional hearing on SEC Commissioner Gary Gensler?

Neither did I, but I heard that crypto was a hot topic! Tap this button to watch a video with my thoughts.

Scroll down for a market update. Things are not as rosy as they seem!

Today’s update covers these topics:

  • Altseason

  • Stablecoins: more evidence that non-US countries matter more now

  • 2019 was not what it seemed

  • Don’t fade the metrics

  • Beware of HODLers

  • Institutions and Traditional Investors

  • Bottom line

I strongly advise watching the update for nuance, perspective, background, and the best results, but I realize you may not have much time to spare.

To speed up the video (shorten the playing time), tap the circled gear button at the bottom-right corner of the video:

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