From Rotation to Derisking

About this episode

The episode discusses the impact of interest rate concerns on the Nasdaq and the recent drop in bitcoin and Small Caps.

The big things you need to know: First, lingering concerns about interest rates and the Fed flared up on Friday after a surprisingly strong NFP report. We run through our thoughts on why this hit the Nasdaq so hard and note that risk of a tier 1 / garden variety pullback (5-10% from peak) has risen in the near term. Second, other things that jump out include the recent drop in bitcoin, which supports the idea that risks of a tier 1 pullback have risen, and the sharp drop in Small Caps on Friday on interest rate fears.

Topics covered

• interest rates
• Fed concerns
• Nasdaq performance
• bitcoin drop
• Small Caps
• market pullback

Keywords

• interest rates
• Fed
• Nasdaq
• bitcoin
• Small Caps
• market pullback
• NFP report

Mentioned in this episode

Organizations: Fed, Nasdaq, Small Caps

Products: bitcoin

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