ZachS

[ZachS @Zach_Santo]

@ShraddheshDoshi 😀

[ZachS @Zach_Santo]

Wordle 1,730 2/6

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[ZachS @Zach_Santo]

@georgysthomas @threadreaderapp unroll

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@AashishPS You're right, 39.5% (0.29 -> 0.4046%).

[ZachS @Zach_Santo]

@AashishPS What triggered 54% TER increase in WOC multi asset fund? Please explain.

[ZachS @Zach_Santo]

@drprashantmish6 Kerala

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@Peri_ScopeX Good summau of your old posts. As always fresh perspectives.

[ZachS @Zach_Santo]

@Peri_ScopeX Good summau of your old posts. As always fresh perspectives.

[ZachS @Zach_Santo]

@nooreshtech Unroll @threadreaderapp

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@Prashantshah267 Great work, quite impressed by options available and backtest engine.

[ZachS @Zach_Santo]

@virajkhatavkar Will keep in mind. Hope at least you got a good deal on Air Asia which is why people travel to KL 🙂

[ZachS @Zach_Santo]

@KobeissiLetter https://t.co/JvDAaCrmwz

[The Kobeissi Letter @KobeissiLetter]

Why is crypto crashing on tariffs? Here's our take:

1. At first glance, you may think that trade wars would benefit crypto, a decentralized system

2. However, over the last 24 hours, $2.3 BILLION was liquidated from crypto, an even larger 24-hour liquidation than the collapse of FTX

3. So why is this happening? The first answer is that crypto has become increasingly correlated with risky assets

4. Throughout 2024, the correlation coefficient between Bitcoin and the S&P 500 hit 0.88 at its peak (with 0 being no correlation and 1 being absolute correlation)

5. As stock market futures sell off on expectations of higher inflation and slower GDP growth, crypto follows

6. On top of this, markets are pricing-in reduced LIQUIDITY

7. If the last 5 years have taught us anything, it's that crypto markets weaken when liquidity dries up

8. Where does this liquidity go? Ironically, a lot of it flows back into the US Dollar which just hit a 52-week high

9. The US Dollar becomes the "safest risky asset" during trade wars because it's the most "stable" currency

10. This comes as self-directed retail investors bought $1 billion+ of crypto ETFs in December alone

11. Record levels of retail capital has flowed into crypto markets amid Trump memecoin launches which has broadened price swings

12. The perceived loss of STABILITY in crypto worried retail investors last night, causing Ripple and other currencies to fall 40%+

13. In particular, the 45-minute candlestick at 8:30 PM ET appeared to be fear-driven and its subsequent reversal was telling

14. Overall, crypto markets view trade wars as de-risking events with weaker economic growth, less liquidity, a stronger US Dollar, and less stability

During the last trade war, crypto markets were worth under $300 million.

Today, crypto markets are over 10 TIMES larger and far more integrated with financial markets.

More volatility is to be expected.

[ZachS @Zach_Santo]

@virajkhatavkar Sector inside sector index, wah !

[ZachS @Zach_Santo]

@abidsensibull Some flaunt dogs 🤷‍♂️

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@rajran06 Please make this chart dynamic on Rzone. Now has to refresh manually.

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@ICICI_Direct @SEBI_India New message says downtime extended to 9:45 am

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@ICICI_Direct How can you guys be so irresponsible? Will you compensate for losses? @SEBI_India

[ZachS @Zach_Santo]

@deepakshenoy What next? No F&O trading without exposure to underlying? 🙄

[ZachS @Zach_Santo]

@capitalmind_in @deepakshenoy @amitvarma Can't wait to listen to two of my favorite people.