I wanted to try something new today…. namely send you my secret weekly briefing of 4 things I am watching this week from the CEO’s point of view. I am sending this from my own e-mail, so you can let me know what you think about such a weekly briefing. I will try to read all e-mails, but I hope you understand I will not be able to reply to all… I will try to reply to as many as possible… So, here it goes:
CEO briefing, 2nd week of 2023:
- The calm week 53 in 2022 and week 1 in 2023 played out as expected. For this week, I am expecting the pent-up demand to buy and/or sell cryptos or equities to happen this week… So, get ready for lots of volatility in the upcoming days. IMPORTANT: This is NOT a new up- or down-trend. It is just the supply and demand of the past 2-3 weeks.
- The key things in crypto to watch is the DCG/Genesis/Gemini story… Let me know if you want me to explain this in greater detail, but you can read up on it here: https://twitter.com/julianhosp/status/1609953125254709251 The short version is: Did DCG do the same embezzlement with Genesis, as FTX did with Alameda?! If it turns out as yes, we may see struggle in crypto. Otherwise I am not too bearish.
- In the macro economy we have US CPI numbers on Thursday. I am expecting inflation to get lower than the general market expects. This will be bullish in the mid-term.
- In the general markets, banks are starting to report Q4 2022 earnings this week. Get ready for a roller coaster!!
This is it. Short and sweet. Hope it’s useful.
Make the week count.
Julian
PS.: U-Zyn and I just met in Europe for our Cake DeFi kick-off… 2023 will be our year.