This week we discuss the back and forth between recession and soft landing, the bond market’s economic signals, and the Fed's measured response to the market sell-off. We also delve into the massive VIX decline, July’s CPI, and the frustrating crypto market. Enjoy!

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On the Margin Survey: https://on-the-margin.beehiiv.com/forms/5c7fc920-a57a-496b-9708-1d137bd3014b

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Timestamps:

(00:00) Introduction

(01:39) Schrödinger's Soft Landing

(04:19) What Is The Bond Market Saying About The Economy?

(06:54) The Fed Kept Its Cool

(09:05) Massive VIX Decline

(11:40) Will Markets Adjust To The Sell-Off?

(18:06) The Role Of Flows

(21:57) July CPI

(24:58) What's Going On With China?

(29:13) The Fed's Next Move

(31:26) Market Overreaction

(34:17) Bitcoin & ETFs

(40:06) Frustrating Crypto Market

(42:48) How Many New Balances Does Tyler Own?

(44:09) What Can Stop The Fiscal Debt Spiral?

(47:53) Why The BOJ Backpedaled

(53:41) The Globalization Of Central Banks

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Disclaimer: Nothing discussed on On The Margin 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.