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Crypto Prices CoinDesk Market Index

Opinion

The Mixed Signals Economy: The Breakdown Weekly Recap

Jobless claims are down, coronavirus cases are up and the markets simply don’t know what to do.

By Nathaniel Whittemore
AccessTimeIconJul 11, 2020 at 2:00 p.m. UTC
Updated Sep 14, 2021 at 9:29 a.m. UTC
AccessTimeIconJul 11, 2020 at 2:00 p.m. UTCUpdated Sep 14, 2021 at 9:29 a.m. UTC
Breakdown 7.11

(Charles Deluvio/Unsplash)

AccessTimeIconJul 11, 2020 at 2:00 p.m. UTCUpdated Sep 14, 2021 at 9:29 a.m. UTC
Consensus 2023 Logo
Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.
Secure Your Seat

Consensus 2023 Logo
Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.
Secure Your Seat

Jobless claims are down, coronavirus cases are up and the markets simply don’t know what to do.

For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, iHeartRadio or RSS.

This episode is sponsored by Bitstamp and Crypto.com.

On The Breakdown’s Weekly Recap, NLW explores:

  • The final tally on the TikTok Doge viral campaign 
  • The growing geopolitical tension between China and the U.S. and where it’s manifesting 
  • Positive economic indicators in reduced jobless claims
  • Negative economic indicators in growing COVID-19 cases and deaths
  • Why bitcoin is moving sideways
  • Why Treasury yields are down
  • Why gold is up

This week on The Breakdown:

Monday | China Stocks Surge and NYC Real Estate Craters: 5 Stories Shaping Markets Today

Tuesday | Central Banks Cannot Print Jobs: Understanding Real Economic Recovery, Feat. Daniel Lacalle

Wednesday | TikTok Let the Doge Out: Why TikTok Doge Is Everything About 2020 Finance in One Story

Thursday | Inequality, Social Chaos, Bankruptcy Rallies: The Best Insights From FinTwit June 2020

Friday | You Can’t Fight Outrage Culture With More Outrage, Feat. Michael Krieger

For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, iHeartRadio or RSS.

Learn more about Consensus 2023, CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.

DISCLOSURE

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