“The Fed Meetings Are a Dead Spectator Sport” Best of The Breakdown September 2020

<p><span style="font-weight: 400;">A recap of September, which NLW calls a transitional month between the post-lockdown excitement of the summer and the growing macro insecurity around second wave fears and election volatility. </span></p> <p><span style="font-weight: 400;">Featuring some of the most interesting insights from our guests, including:</span></p> <ul> <li style="font-weight: 400;"><a href= "https://twitter.com/LukeGromen"><span style= "font-weight: 400;">Luke Gromen</span></a> <span style= "font-weight: 400;">on the four options for countries that can’t pay their debts</span></li> <li style="font-weight: 400;"><a href= "https://twitter.com/TaviCosta"><span style= "font-weight: 400;">Tavi Costa</span></a> <span style= "font-weight: 400;">on the Fed’s new “mandate” to keep asset prices high </span></li> <li style="font-weight: 400;"><a href= "https://twitter.com/RaoulGMI"><span style= "font-weight: 400;">Raoul Pal</span></a> <span style= "font-weight: 400;">on why “monetary policy is over” </span></li> <li style="font-weight: 400;"><a href= "https://twitter.com/NorthmanTrader"><span style= "font-weight: 400;">Sven Henrich</span></a> <span style= "font-weight: 400;">on the ever-weakening economic cycle</span></li> <li style="font-weight: 400;"><a href= "https://twitter.com/choffstein"><span style= "font-weight: 400;">Corey Hoffstein</span></a> <span style= "font-weight: 400;">on the fundamental supply-demand mismatch that exacerbates exogenous shocks</span></li> <li style="font-weight: 400;"><a style= "font-family: -apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, Oxygen, Ubuntu, Cantarell, 'Open Sans', 'Helvetica Neue', sans-serif;" href="https://twitter.com/michael_saylor"><span>Michael Saylor</span></a> <span style="font-weight: 400;">on why he moved his company’s cash reserves to bitcoin</span></li> </ul>