This episode is sponsored by Nexo.ioCircle and FTX US.

On today’s episode, NLW checks in on the macro scene, including:

  • What the earnings report season that begins this week might tell us about where corporate America is headed
  • Why the Federal Reserve still doesn’t care about stock prices
  • Why the former whales in the market aren’t buying Treasurys like they used to

“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell and research by Scott Hill. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. Music behind our sponsors today is “The Now” by Aaron Sprinkle and “The Life We Had” by Moments. Image credit: lemono/Getty Images, modified by CoinDesk. Join the discussion at