September 9, 2025 • 14 mins
In the most likely scenario being priced in by markets, the Fed on Sept. 17 will lower the overnight funds rate by 25 basis points, or 0.25 percentage point. However, traders left open a remote chance that the central bank’s Federal Open Market Committee still could enact a half-point reduction.
~This Episode is Sponsored By Coinbase~
 Buy $50 & Get $50 for getting started on Coinbase➜ https://bit.ly/CBARRON
00:00 Intro
00:10 Sponsor: Coinbase
00:40 Job data revisions
01:00 White house responds, blames Biden
02:45 CNBC: Peak tariff temper tantrum
04:11 China wrecked
05:15 Rate cut season
06:30 Money markets
07:20 CNBC: Data problems and how to fix it
09:00 Reminder October 21
09:30 No rate cut = Market crash
10:35 Bitcoin reserve w/ seized funds
11:00 Eric Trump downgraded
11:45 Robinhood $160
12:30 Stablecoin FUD
13:00 $USDG
13:45 Outro
#Bitocin #federalreserve #Crypto
~Rate Cut Season Heats Up🚨Crypto Market Update~
⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺
~This Episode is Sponsored By Coinbase~
 Buy $50 & Get $50 for getting started on Coinbase➜ https://bit.ly/CBARRON
00:00 Intro
00:10 Sponsor: Coinbase
00:40 Job data revisions
01:00 White house responds, blames Biden
02:45 CNBC: Peak tariff temper tantrum
04:11 China wrecked
05:15 Rate cut season
06:30 Money markets
07:20 CNBC: Data problems and how to fix it
09:00 Reminder October 21
09:30 No rate cut = Market crash
10:35 Bitcoin reserve w/ seized funds
11:00 Eric Trump downgraded
11:45 Robinhood $160
12:30 Stablecoin FUD
13:00 $USDG
13:45 Outro
#Bitocin #federalreserve #Crypto
~Rate Cut Season Heats Up🚨Crypto Market Update~
⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺
Mark as Played
Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
All right, let's dive into raycut season. Is this going
to impact how the market is going? My name is
Paul Barren. Welcome back into the show. Let's get into it.
I do want to thank our sponsor, and that's Coinbase.
They have a brand new offer out there for you guys.
All you have to do is visit coinbase dot com
and the way it works right now is they've upped
the ante to earn up to two thousand dollars when
you buy crypto, and all you have to do is
(00:21):
make a fifty dollars purchase and you're eligible for I
don't know if it's like a drawing or how it's
going to work. They randomly select, but the point is
this is a benefit for you guys. If you're brand
new to crypto, get over to coinbase dot com, use
our link. It's going to help us out and you
can get started.
Speaker 2 (00:37):
Let's go into it today.
Speaker 3 (00:38):
All right.
Speaker 1 (00:38):
A couple of things I want to hit on right
now is US Labor Department revises now again almost a
million jobs out of the data that was reported over
the past twelve months ending in March twenty twenty five.
Speaker 2 (00:51):
This is bad.
Speaker 1 (00:53):
I think we kind of anticipated this is something I
talk about often. I hit up about just bad data
coming out of these government agencies. It, of course now seems.
Speaker 2 (01:01):
To be the point.
Speaker 1 (01:01):
I want to go to a clip real quick, because
this is the White House talking about this.
Speaker 2 (01:06):
Take a look.
Speaker 4 (01:07):
White House Press Secretary Caroline Levitt out with a long
new statement on this. She says in full, today the
BLS released the largest downward revision on record, proving that
President Trump was right, Biden's economy was a disaster, and
the BLS is broken. This is exactly why we need
new leadership to restore trust and confidence in the BLS's
data on behalf of the financial markets, businesses, policymakers, and
(01:29):
families that rely on this data to make major decisions.
Much like the BLS has failed the American people, so
has Jerome too late Powell, who has officially run out
of excuses and must cut the rates now. So essentially,
Carl the White House here using this benchmark revisions report
today to sort of bolster their argument and justify their
firing earlier this summer of BLS Commissioner Erica mcintarfer saying
(01:52):
that these you know, they said at the time the
revisions were too large that they needed to look closer
at the data and see why what was going on
on why those revisions were so large. Now they're saying
they were justified in doing that. That's why they need
new leadership, all right.
Speaker 1 (02:06):
So a lot happening out there in terms of jobs numbers.
This is something I talk about for quite a long time,
and that is I don't believe the job numbers have
come out of our government. And this continues. I still
wonder if the data that we're getting now is even accurate.
It's possible it could be even worse than that, which
would be catastrophic. And I think that's where we are
right now, guys, in terms of the market, in terms
(02:28):
of the economy, and I think the Fed unfortunately, for
whatever reason, I don't understand the point of why they
aren't able to get to access data that's more efficient
and more accurate.
Speaker 2 (02:39):
This, of course, has continued.
Speaker 1 (02:40):
To push Powell in a direction that he really has
no choice.
Speaker 2 (02:44):
Now. One other clip that gets into.
Speaker 1 (02:46):
This is the tariff issue that's starting to play into this,
because we still have inflation that could be affected by tariffs,
and now we have this whole job loss. Take a
look at this clip.
Speaker 5 (02:56):
So we're talking about a revision of a revision from
data from five months ago. I think that's why the
market is not reacting. I think the rate picture, to
me is prepped for the fact that there is concern
over the long end and that the short end is
going down seventy to seventy five basis points this year
with another twenty five next year. We've gone from a
(03:19):
two percent of GDP tariff rate before the inauguration to
a fifteen percent rate. That's not nothing, and so the
good news is that there is little more clarity on
the horizon that we're packed past peak. Let's call it
tariff temper tantrum. But you know, that's a seven to
(03:40):
eightfold increase in some of the input prices that consumers
and corporations are feeling, and I really don't think that's
shown up in the numbers. I think we're looking at
Q two, Q three, Q four, in the beginning of
Q six to see how that affects inflation.
Speaker 1 (03:59):
I'm an agreement with that analysts in terms of where
this could actually inflect pain on the market in general.
I put out a tweet today that basically kind of
outlines something that I think is important, and that is
the China exports. This is down thirty three percent in August.
This is a kind of a desperate pivot. I think
(04:20):
of China pivoting to the EU. And remember the EU
is a very small part. You can kind of see
the ASA N Chinese exports. That's of course the EU.
There's China's experts to the EU. Chinese exports to the
US of course falling off dramatically. And this is just
over the last little bit. So it's possible that these
are going to start pushing hard into where the economy
(04:41):
is going again. Smart money is still hedging against this
INTI digital assets, but this could push us into maybe
a short lived tariff hit into inflation. The question is,
is ken Trump's administration pull us out of this through
these rate cuts. That's the real I think very tentative
(05:02):
navigation that has to be done over the next twelve months,
and a lot of this will lead to jobs and
businesses getting confidence back in the market and the economy
in general. Blackrock CIO comes in and says, hey, we
need it bigger than twenty five basis point. We need
a fifty basis point cut. This is what I'm calling for.
It's actually the one I was calling for in July,
(05:22):
but I'm calling for it again in this month. And
that is that a fifty is going to set the tone,
and I think it will set the tone for multiple
rate cuts as we go in. If you look at Polymarket,
we'll just dive into the details right here. This is
where we are right now, and I'm going to go
down here and hover on the fifty basis points as
you can see up to fifteen percent. Just yesterday that
(05:44):
was at ten percent. We are now at fifteen percent.
So if this is climbing by five percent a day
as possible, we could be over fifty percent before the
FOMC meeting, which means it's possible we could see a
fifty basis point rate cut further into poly Market. The
first time we've actually seen this, and that is seven
rate cuts. Let me kind of zoom in on that
for you guys. We have now eight or more seven
(06:06):
or more, six or more five or more starting to
make the board still holding with the winner right now
at three rate cuts at twenty five basis points right
now for the year. So this will be a big
one in the sense of how it plays into the markets,
and I think all of what we're seeing out there
is rate cut dependent, and the thing that's going to
get hit the most off of rate cuts is going
(06:29):
to be this right here, and that is money market funds. Eventually,
the FED fund rate will affect how banks and some
of these institutions are paying people to keep their money
in money market puns, which is still at one of
the highest rates out there, maybe in the history of
how money market funds are going. But right now we
have seven point four trillion. That's up another four hundred
million or billion dollars in just a short period of time.
Speaker 2 (06:53):
This is a.
Speaker 1 (06:54):
Windfall, guys, into other components of investing. This will go
into the stock market, this will go into goal this
will go into digital assets. The question is what percentage
is going to start to navigate out of these money
market funds into the market if we continue to see
this push toward raycut. So all this all depending on
Next week, one of the biggest FMC meetings out there
(07:16):
will be airing it live for you guys. One other
point I want to get at is these data problems,
because this is going to be something that we got
to fix.
Speaker 2 (07:23):
Take a look at this clip. Maybe we can use AI.
I don't know how can we.
Speaker 3 (07:28):
Make it better. I've always wondered why we can't have
more accurate and timely collection of data from the States,
and I think that has to do probably with new computers,
new collections. That has always struck me. The other problem, Joe,
is that to the extent that it's an estimate, we're
always going to have problems with our models. This birth
(07:49):
death model that estimates the number of business creations and destruction,
it's always a source of their revisions, and I don't
know that they can do better than they've done. You
could step back and say, if the average error on
like one hundred and thirty or one hundred and fifty
million jobs is zero point two percent, maybe if they're
(08:11):
not doing that bad a job.
Speaker 2 (08:14):
Okay, well that's not the average area.
Speaker 1 (08:15):
Because it's clearly the problem that we're dealing with right
now is this corrupt data that's coming out.
Speaker 2 (08:20):
I don't know if it's.
Speaker 1 (08:21):
Politically charge data that's being manipulated or if this is
really just that stupid. Either one is bad. I think
maybe the being that stupid is probably even worse. But
if you look at where we're going to be going
in the future. You've got to think about blockchain as
the only solution for this. This would be an open
(08:41):
network being able to track real data. Hopefully at the
state level, that would be pretty cool.
Speaker 2 (08:45):
One of the states.
Speaker 1 (08:46):
If you're watching right now, no run just stands its
watched is our show. So you know, Ron, let's get
into blockchain data delivery and then maybe you'll show other
states how to get it done. Other things that you
got to look for is October twenty first.
Speaker 2 (08:58):
This is another one.
Speaker 1 (08:59):
This of course is hosting a conference on payments innovation.
This will be interesting to see what the Federal Reserve
does on that conference. This will be held on Tuesday,
October twenty first. All of this about innovation around a
constant in payments meeting changing consumer and businesses. But decentralized
finance and stable coin use cases are the key right there.
(09:22):
All this right into the wheelhouse of where crypto is going.
Bitcoin's price prediction right now is being said at two
hundred K and that is coming of course with FED
rate cuts coming into this and a couple of points
in the article I want to hit on right here,
and that is this statement right here if you look
at a certain amount of people considering where this is going.
(09:45):
From an analyside, the nightmare scenario would be bulls would
be a no cut at all, okay, and you could
twist that and it would hit bitcoin and tech stocks.
I think equally hard. That is a concern. I don't
anticipate that that will happen, but if it or, you
need to be headah against that. So it's possible that
Powell could actually not pull the trigger next week, and
(10:07):
it would be tough on the federal Reserve. I think
that would really cause a lot of administration pain. But
I think also if he only pulls the trigger on
a quarter basis points, it might be just as bad.
So I wonder if a quarter basis point is enough
to move the market. Let me know in the comments
down below if you think a quarter is best.
Speaker 2 (10:28):
Just put two five.
Speaker 1 (10:29):
Yes or fifty if where If you agree with me
and I think that's fifty basis points. Congress advances their
bill for Strategic Bitcoin Reserve will seesed funds. This could
be good too, because now section one thirty seven of
the bill instructs Treasury to submit a report within ninety
days detailing how this is going.
Speaker 2 (10:48):
To take place.
Speaker 1 (10:49):
Could this be the potential of where we start to
seize and some of these assets that are sitting out
there and we can get them on the book into
the strategic reserve or four things like bitcoin and other
digital assets to play into that. All this is good
for I think market in general. One thing that's kind
of unique is this headline right here, and that, of
(11:10):
course was Eric Trump downgraded to an observer with All five.
All five, of course tied into the World Liberty Finance thing.
Company quietly revised its plan following consultations with Nasdaq, so
it's possible we could see this was in reference to
All five sigma really the company and tied to what
we're seeing with World Liberty Finance. So interesting moves out
(11:33):
there right now. Could be something else, don't know. We'll
keep a close track on this to give you guys
some updates.
Speaker 2 (11:40):
As we go forward.
Speaker 1 (11:41):
Robinhood may hit one hundred and sixty bucks on one
hundred percent revenue growth by twenty twenty six. Is coming
in from bursaying simply meeting Robin Hood's got all the
oars in the water. They are doing things the right way.
Even though I'm still at odds with Lad about not
launching banking and getting the credit card out to all
its users. Lad, if you're listening and watching, we'd love
(12:02):
to have you on the show. But the good thing
is is they have this going on right here and
that's the Hood Summit. So kicking off this is going
to be going with trading demos, lots of partnerships. They
are definitely starting to kind of project their innerspirit animal
as his Vlad would say, meaning they're growing and there's
a big opportunity here. Crypto will be a big part
(12:24):
of this, but this is more about other possibilities within Robinhood.
Last up is Matt Hogan. He hits on something that's
kind of interesting here, and I wanted to kind of
press Matt on this idea. The scare articles about stable
coins destroying local lending markets is absurd. Now's point is
is that, more importantly, the idea of credit will dry
(12:44):
up if stable coins compete with traditional banks. Classic first
order thinking, Yes, banks will provide less credit if they
have fewer deposits. That is true, but instead people with
stable coins will provide credit directly to borrows through DeFi
that's going to happen most likely. I do see regional
banks being impacted, but there is a solution here, So
I kind of disagree with Matt in the sense that
(13:06):
regional banks will be impacted, But there is a solution
out there, and it's out there right now. If you
look at this network, which is a global dollar network,
this is the stable coin that is a network oriented
stable coin. And look who is using this right now.
You've got Robinhood, Kraken, Anchorage, Digital worldpay Okax, all these
galaxy Why not just layer in Fifth Third Bank, PNC,
(13:30):
all of these regionals going into this and utilize stable
coins and get into the game. That's the solution that
banks need to be looking at right now. Hopefully the
regional banks are listening to our show right now about that,
but if they're not, that's okay, because you are and
you're ready to get moving in crypto. And the one
way that you can do that is get in the
(13:51):
Diamond Circle. The Diamond Circle is our own special group.
It's private.
Speaker 2 (13:55):
You guys can join down below. It's absolutely free.
Speaker 1 (13:58):
I drop an email layer each week kind of talking
about where the market is, what my opinions are on
where I'm going. You don't want to miss it, use
the link down below. Of course, follow me out there
on X at Paul Baron. We'll catch you next time
right here on The Paul Baron Show.
All right, let's dive into raycut season. Is this going
to impact how the market is going? My name is
Paul Barren. Welcome back into the show. Let's get into it.
I do want to thank our sponsor, and that's Coinbase.
They have a brand new offer out there for you guys.
All you have to do is visit coinbase dot com
and the way it works right now is they've upped
the ante to earn up to two thousand dollars when
you buy crypto, and all you have to do is
(00:21):
make a fifty dollars purchase and you're eligible for I
don't know if it's like a drawing or how it's
going to work. They randomly select, but the point is
this is a benefit for you guys. If you're brand
new to crypto, get over to coinbase dot com, use
our link. It's going to help us out and you
can get started.
Speaker 2 (00:37):
Let's go into it today.
Speaker 3 (00:38):
All right.
Speaker 1 (00:38):
A couple of things I want to hit on right
now is US Labor Department revises now again almost a
million jobs out of the data that was reported over
the past twelve months ending in March twenty twenty five.
Speaker 2 (00:51):
This is bad.
Speaker 1 (00:53):
I think we kind of anticipated this is something I
talk about often. I hit up about just bad data
coming out of these government agencies. It, of course now seems.
Speaker 2 (01:01):
To be the point.
Speaker 1 (01:01):
I want to go to a clip real quick, because
this is the White House talking about this.
Speaker 2 (01:06):
Take a look.
Speaker 4 (01:07):
White House Press Secretary Caroline Levitt out with a long
new statement on this. She says in full, today the
BLS released the largest downward revision on record, proving that
President Trump was right, Biden's economy was a disaster, and
the BLS is broken. This is exactly why we need
new leadership to restore trust and confidence in the BLS's
data on behalf of the financial markets, businesses, policymakers, and
(01:29):
families that rely on this data to make major decisions.
Much like the BLS has failed the American people, so
has Jerome too late Powell, who has officially run out
of excuses and must cut the rates now. So essentially,
Carl the White House here using this benchmark revisions report
today to sort of bolster their argument and justify their
firing earlier this summer of BLS Commissioner Erica mcintarfer saying
(01:52):
that these you know, they said at the time the
revisions were too large that they needed to look closer
at the data and see why what was going on
on why those revisions were so large. Now they're saying
they were justified in doing that. That's why they need
new leadership, all right.
Speaker 1 (02:06):
So a lot happening out there in terms of jobs numbers.
This is something I talk about for quite a long time,
and that is I don't believe the job numbers have
come out of our government. And this continues. I still
wonder if the data that we're getting now is even accurate.
It's possible it could be even worse than that, which
would be catastrophic. And I think that's where we are
right now, guys, in terms of the market, in terms
(02:28):
of the economy, and I think the Fed unfortunately, for
whatever reason, I don't understand the point of why they
aren't able to get to access data that's more efficient
and more accurate.
Speaker 2 (02:39):
This, of course, has continued.
Speaker 1 (02:40):
To push Powell in a direction that he really has
no choice.
Speaker 2 (02:44):
Now. One other clip that gets into.
Speaker 1 (02:46):
This is the tariff issue that's starting to play into this,
because we still have inflation that could be affected by tariffs,
and now we have this whole job loss. Take a
look at this clip.
Speaker 5 (02:56):
So we're talking about a revision of a revision from
data from five months ago. I think that's why the
market is not reacting. I think the rate picture, to
me is prepped for the fact that there is concern
over the long end and that the short end is
going down seventy to seventy five basis points this year
with another twenty five next year. We've gone from a
(03:19):
two percent of GDP tariff rate before the inauguration to
a fifteen percent rate. That's not nothing, and so the
good news is that there is little more clarity on
the horizon that we're packed past peak. Let's call it
tariff temper tantrum. But you know, that's a seven to
(03:40):
eightfold increase in some of the input prices that consumers
and corporations are feeling, and I really don't think that's
shown up in the numbers. I think we're looking at
Q two, Q three, Q four, in the beginning of
Q six to see how that affects inflation.
Speaker 1 (03:59):
I'm an agreement with that analysts in terms of where
this could actually inflect pain on the market in general.
I put out a tweet today that basically kind of
outlines something that I think is important, and that is
the China exports. This is down thirty three percent in August.
This is a kind of a desperate pivot. I think
(04:20):
of China pivoting to the EU. And remember the EU
is a very small part. You can kind of see
the ASA N Chinese exports. That's of course the EU.
There's China's experts to the EU. Chinese exports to the
US of course falling off dramatically. And this is just
over the last little bit. So it's possible that these
are going to start pushing hard into where the economy
(04:41):
is going again. Smart money is still hedging against this
INTI digital assets, but this could push us into maybe
a short lived tariff hit into inflation. The question is,
is ken Trump's administration pull us out of this through
these rate cuts. That's the real I think very tentative
(05:02):
navigation that has to be done over the next twelve months,
and a lot of this will lead to jobs and
businesses getting confidence back in the market and the economy
in general. Blackrock CIO comes in and says, hey, we
need it bigger than twenty five basis point. We need
a fifty basis point cut. This is what I'm calling for.
It's actually the one I was calling for in July,
(05:22):
but I'm calling for it again in this month. And
that is that a fifty is going to set the tone,
and I think it will set the tone for multiple
rate cuts as we go in. If you look at Polymarket,
we'll just dive into the details right here. This is
where we are right now, and I'm going to go
down here and hover on the fifty basis points as
you can see up to fifteen percent. Just yesterday that
(05:44):
was at ten percent. We are now at fifteen percent.
So if this is climbing by five percent a day
as possible, we could be over fifty percent before the
FOMC meeting, which means it's possible we could see a
fifty basis point rate cut further into poly Market. The
first time we've actually seen this, and that is seven
rate cuts. Let me kind of zoom in on that
for you guys. We have now eight or more seven
(06:06):
or more, six or more five or more starting to
make the board still holding with the winner right now
at three rate cuts at twenty five basis points right
now for the year. So this will be a big
one in the sense of how it plays into the markets,
and I think all of what we're seeing out there
is rate cut dependent, and the thing that's going to
get hit the most off of rate cuts is going
(06:29):
to be this right here, and that is money market funds. Eventually,
the FED fund rate will affect how banks and some
of these institutions are paying people to keep their money
in money market puns, which is still at one of
the highest rates out there, maybe in the history of
how money market funds are going. But right now we
have seven point four trillion. That's up another four hundred
million or billion dollars in just a short period of time.
Speaker 2 (06:53):
This is a.
Speaker 1 (06:54):
Windfall, guys, into other components of investing. This will go
into the stock market, this will go into goal this
will go into digital assets. The question is what percentage
is going to start to navigate out of these money
market funds into the market if we continue to see
this push toward raycut. So all this all depending on
Next week, one of the biggest FMC meetings out there
(07:16):
will be airing it live for you guys. One other
point I want to get at is these data problems,
because this is going to be something that we got
to fix.
Speaker 2 (07:23):
Take a look at this clip. Maybe we can use AI.
I don't know how can we.
Speaker 3 (07:28):
Make it better. I've always wondered why we can't have
more accurate and timely collection of data from the States,
and I think that has to do probably with new computers,
new collections. That has always struck me. The other problem, Joe,
is that to the extent that it's an estimate, we're
always going to have problems with our models. This birth
(07:49):
death model that estimates the number of business creations and destruction,
it's always a source of their revisions, and I don't
know that they can do better than they've done. You
could step back and say, if the average error on
like one hundred and thirty or one hundred and fifty
million jobs is zero point two percent, maybe if they're
(08:11):
not doing that bad a job.
Speaker 2 (08:14):
Okay, well that's not the average area.
Speaker 1 (08:15):
Because it's clearly the problem that we're dealing with right
now is this corrupt data that's coming out.
Speaker 2 (08:20):
I don't know if it's.
Speaker 1 (08:21):
Politically charge data that's being manipulated or if this is
really just that stupid. Either one is bad. I think
maybe the being that stupid is probably even worse. But
if you look at where we're going to be going
in the future. You've got to think about blockchain as
the only solution for this. This would be an open
(08:41):
network being able to track real data. Hopefully at the
state level, that would be pretty cool.
Speaker 2 (08:45):
One of the states.
Speaker 1 (08:46):
If you're watching right now, no run just stands its
watched is our show. So you know, Ron, let's get
into blockchain data delivery and then maybe you'll show other
states how to get it done. Other things that you
got to look for is October twenty first.
Speaker 2 (08:58):
This is another one.
Speaker 1 (08:59):
This of course is hosting a conference on payments innovation.
This will be interesting to see what the Federal Reserve
does on that conference. This will be held on Tuesday,
October twenty first. All of this about innovation around a
constant in payments meeting changing consumer and businesses. But decentralized
finance and stable coin use cases are the key right there.
(09:22):
All this right into the wheelhouse of where crypto is going.
Bitcoin's price prediction right now is being said at two
hundred K and that is coming of course with FED
rate cuts coming into this and a couple of points
in the article I want to hit on right here,
and that is this statement right here if you look
at a certain amount of people considering where this is going.
(09:45):
From an analyside, the nightmare scenario would be bulls would
be a no cut at all, okay, and you could
twist that and it would hit bitcoin and tech stocks.
I think equally hard. That is a concern. I don't
anticipate that that will happen, but if it or, you
need to be headah against that. So it's possible that
Powell could actually not pull the trigger next week, and
(10:07):
it would be tough on the federal Reserve. I think
that would really cause a lot of administration pain. But
I think also if he only pulls the trigger on
a quarter basis points, it might be just as bad.
So I wonder if a quarter basis point is enough
to move the market. Let me know in the comments
down below if you think a quarter is best.
Speaker 2 (10:28):
Just put two five.
Speaker 1 (10:29):
Yes or fifty if where If you agree with me
and I think that's fifty basis points. Congress advances their
bill for Strategic Bitcoin Reserve will seesed funds. This could
be good too, because now section one thirty seven of
the bill instructs Treasury to submit a report within ninety
days detailing how this is going.
Speaker 2 (10:48):
To take place.
Speaker 1 (10:49):
Could this be the potential of where we start to
seize and some of these assets that are sitting out
there and we can get them on the book into
the strategic reserve or four things like bitcoin and other
digital assets to play into that. All this is good
for I think market in general. One thing that's kind
of unique is this headline right here, and that, of
(11:10):
course was Eric Trump downgraded to an observer with All five.
All five, of course tied into the World Liberty Finance thing.
Company quietly revised its plan following consultations with Nasdaq, so
it's possible we could see this was in reference to
All five sigma really the company and tied to what
we're seeing with World Liberty Finance. So interesting moves out
(11:33):
there right now. Could be something else, don't know. We'll
keep a close track on this to give you guys
some updates.
Speaker 2 (11:40):
As we go forward.
Speaker 1 (11:41):
Robinhood may hit one hundred and sixty bucks on one
hundred percent revenue growth by twenty twenty six. Is coming
in from bursaying simply meeting Robin Hood's got all the
oars in the water. They are doing things the right way.
Even though I'm still at odds with Lad about not
launching banking and getting the credit card out to all
its users. Lad, if you're listening and watching, we'd love
(12:02):
to have you on the show. But the good thing
is is they have this going on right here and
that's the Hood Summit. So kicking off this is going
to be going with trading demos, lots of partnerships. They
are definitely starting to kind of project their innerspirit animal
as his Vlad would say, meaning they're growing and there's
a big opportunity here. Crypto will be a big part
(12:24):
of this, but this is more about other possibilities within Robinhood.
Last up is Matt Hogan. He hits on something that's
kind of interesting here, and I wanted to kind of
press Matt on this idea. The scare articles about stable
coins destroying local lending markets is absurd. Now's point is
is that, more importantly, the idea of credit will dry
(12:44):
up if stable coins compete with traditional banks. Classic first
order thinking, Yes, banks will provide less credit if they
have fewer deposits. That is true, but instead people with
stable coins will provide credit directly to borrows through DeFi
that's going to happen most likely. I do see regional
banks being impacted, but there is a solution here, So
I kind of disagree with Matt in the sense that
(13:06):
regional banks will be impacted, But there is a solution
out there, and it's out there right now. If you
look at this network, which is a global dollar network,
this is the stable coin that is a network oriented
stable coin. And look who is using this right now.
You've got Robinhood, Kraken, Anchorage, Digital worldpay Okax, all these
galaxy Why not just layer in Fifth Third Bank, PNC,
(13:30):
all of these regionals going into this and utilize stable
coins and get into the game. That's the solution that
banks need to be looking at right now. Hopefully the
regional banks are listening to our show right now about that,
but if they're not, that's okay, because you are and
you're ready to get moving in crypto. And the one
way that you can do that is get in the
(13:51):
Diamond Circle. The Diamond Circle is our own special group.
It's private.
Speaker 2 (13:55):
You guys can join down below. It's absolutely free.
Speaker 1 (13:58):
I drop an email layer each week kind of talking
about where the market is, what my opinions are on
where I'm going. You don't want to miss it, use
the link down below. Of course, follow me out there
on X at Paul Baron. We'll catch you next time
right here on The Paul Baron Show.
Popular Podcasts
On Purpose with Jay Shetty
I’m Jay Shetty host of On Purpose the worlds #1 Mental Health podcast and I’m so grateful you found us. I started this podcast 5 years ago to invite you into conversations and workshops that are designed to help make you happier, healthier and more healed. I believe that when you (yes you) feel seen, heard and understood you’re able to deal with relationship struggles, work challenges and life’s ups and downs with more ease and grace. I interview experts, celebrities, thought leaders and athletes so that we can grow our mindset, build better habits and uncover a side of them we’ve never seen before. New episodes every Monday and Friday. Your support means the world to me and I don’t take it for granted — click the follow button and leave a review to help us spread the love with On Purpose. I can’t wait for you to listen to your first or 500th episode!
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
The Joe Rogan Experience
The official podcast of comedian Joe Rogan.