Brent Johnson, Founder & CEO, Santiago Capital, LLC Jeffrey P. Snider, Chief Investment Strategist, Alhambra Investment Partners LLC Michael Ippolito, Co-Founder, BlockWorks Group ... https://www.youtube.com/watch?v=8GwjR7yRGGs

On today's episode of On The Margin, Mike Ippolito is joined by Blockdaemon CEO & Founder Konstantin Richter to discuss the rise & fall of crypto culture. When sentiment shifts in crypto markets, founders build conviction. Konstantin reminds us of previous cycles & shares why he has never been more optimistic on the future of crypto than right now. Mike & Konstantin also discuss the founding of Blockdaemon, the pros & cons in centralization vs decentralization, the outlook for a multichain future & designing new governance systems in an increasingly digital world. Read The Rise & Fall of Crypto Culture: https://andrecronje.medium.com/the-rise-and-fall-of-crypto-culture-3d0e6fd3e0e9 -- Follow Konstantin Richter: @konstantin11 Follow Mike: @MikeIppolito_ Follow Blockworks: @Blockworks_ -- Listen to this episode on Apple or Spotify. Apple: https://tinyurl.com/mry8y4k3 Spotify: https://tinyurl.com/3vnnkrkw -- Blockdaemon connects businesses to blockchains through 3 key services; staking & delegation, fully managed nodes, and the revolutionary Ubiquity API suite. Blockdaemon has mastered nodes; managing 36k+ of them for major exchanges, financial companies & custodians. With 100% Slashing insurance, you can trust Blockdaemon to connect your business to blockchains. More info at https://onthemargin.link/blockdaemon -- If you like this episode be sure to subscribe to our newsletter at https://blockworks.co/newsletter -- Timestamps: 00:00・Introduction 01:46・The Rise & Fall of Crypto Culture 09:07・Are Institutions Failing Us? 15:21・Proof-of-Work vs Proof-of-Stake 20:34・Centralization vs Decentralization 29:27・Blockdaemon Ad 30:37・Blockdaemon 38:19・A Multichain Future ... https://www.youtube.com/watch?v=MeKA74KOqls

It’s banking season. With the big U.S. banks set to report their third quarter earnings, Jack speaks to veteran banker Chris Whalen about what investors should be looking for. Whalen, author of The Institutional Risk Analyst, argues that while some lines of business, such as investment banking and mortgage origination, have slowed rapidly, the core business of banking (taking in deposits and making loans) is stronger than its been since before 2020, because interest rates are significantly higher and banks can now make money on their loans. That being said, problems abound. Many small banks, Whalen argues, would be rendered insolvent if forced to sell their mortgage-backed securities (MBS), because the surge in interest rates has caused their market value to plunge. To hear Whalen’s unabridged thoughts on JPMorgan Chase, Goldman Sachs, U.S. Bank, Wells Fargo, Charles Schwab, Bank of America, and more, you’ll have to listen to the whole interview! Filmed on Friday, October 14. -- Follow Chris Whalen on Twitter https://rb.gy/enkm0e Follow Jack Farley on Twitter https://rb.gy/uesguv Follow Forward Guidance on Twitter https://rb.gy/cy0dki Follow Blockworks on Twitter https://rb.gy/igyzsj -- Founded in 2014 by three cybersecurity engineers, Bittrex is a world-class cryptocurrency exchange with a focus on security and trust. Trade over 150 cryptocurrencies in the United States along with lightning-fast trade execution and dependable digital wallets, all protected by industry-leading security practices. Discover why Bittrex is the best kept secret in crypto trading. Open your account today at: http://fgpodcast.link/bittrex -- Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://rb.gy/5weeyw Market commentary, charts, degen trade ideas, governance updates, token performance, can’t-miss-tweets and more. Subscribe to the Blockworks Research “Daily Debrief” Newsletter: https://rb.gy/feusos -- 00:00 “Bittrex Ad” 00:10 Intro 00:57 Overall Outlook on U.S. Banks 03:27 "The Party In Investment Banking Is Over" 07:03 Loans Are Going Up, Deposits Are Going Down (The Opposite of Post-GFC Trend) 09:17 Jamie Dimon's Recession Warning 12:35 Where Will The Credit Losses Be? 16:49 Cost Of Funds As A Threat To Banking Business 21:23 Quantitative Tightening (QT) 23:18 “Bittrex Ad” 23:49 Winter For Investment Banking 27:48 The Biggest Risks 30:40 Interest Rate Risks As A Systemic Threat 35:53 Huge Losses In Mortgage-Backed Securities (MBS) 38:39 Can Banks Hide The Losses? 47:49 Bank of The Ozarks and Bank of America 55:00 How Can Banks Do Well In A Recession? 58:09 FinTech 59:30 Credit Suisse ($CS) 01:01:51 Outro -- Disclaimer: Nothing discussed on Forward Guidance should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets. ... https://www.youtube.com/watch?v=oUoqncO1_pc

On todays episode of Forward Guidance Eric Crittenden Chief Investment Officer at Standpoint Asset Management joins the show for a deep dive into the world of systematic macro investing. Eric walks through the current market outlook as many investors battle with recessionary concerns, but an equity market that continues climbing higher. Using a macro trend strategy and focusing on term structure, trend & liquidity, Eric explains how a systematic approach can help generate returns, as he was able to outperform the index since the launch of Standpoint in 2020. Finally, Eric shares his outlook for a variety of assets that his macro trend strategy is signalling both bullish & bearish signs for, but to hear that, you'll have to tune in! -- Follow Standpoint Asset Management https://twitter.com/StandpointFunds Follow Jack Farley on Twitter https://twitter.com/JackFarley96 Follow Forward Guidance on Twitter https://twitter.com/ForwardGuidance Follow Blockworks on Twitter https://twitter.com/Blockworks_ -- Use code GUIDANCE20 to get 20% off Permissionless 2023 in Austin: https://blockworks.co/event/permissionless-2023 Research, news, data, governance and models – now, all in one place. As a listener of Forward Guidance, you can use code GUIDANCE10 for a 10% discount when signing up to Blockworks Research https://www.blockworksresearch.com/ -- Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://rb.gy/5weeyw Market commentary, charts, degen trade ideas, governance updates, token performance, can’t-miss-tweets and more. Subscribe to the Blockworks Research “Daily Debrief” Newsletter: https://rb.gy/feusos -- Timestamps: 00:00 Finding Opportunities Using A Macro Trend Strategy 04:21 Why Eric Has Been Long Japan, U.S & Europe In 2023 08:54 Generating Returns Using A Quantitative Strategy 15:27 How Market Structure Has Changed Since The 1980's 18:06 Shorting Oil In 2023 20:45 Permissionless 21:22 Market Hedging 27:53 Market Liquidity 29:49 Launching Standpoint In 2020 33:18 Artificial Intelligence 39:49 Blockworks Research 40:49 Harvesting Risk Premium 49:51 Eric's Principles For Successful Trading 55:19 What Will AI's Role Be In Financial Markets? 59:39 The Psychology Of Macro Trend 01:03:39 Gold -- Disclaimer: Nothing discussed on Forward Guidance should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets. ... https://www.youtube.com/watch?v=7asToyzrRhI