Pro
Macro

A Higher Probability Of Fed Rate Cuts Will Accompany Decisive Institutional Actions In 2023

Key Insights

  • The Infrastructure Investment and Jobs Act’s (IIJA) tax code amendments for digital assets jeopardize the outlook for the blockchain industry starting January 1st.
  • CPI is poised for flat to declining growth beginning in 2023.
  • Financial institutions’ crypto custodial services are set to gain market share from centralized exchanges following the pause in proof of reserves reports.

Signals

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Chris is an Enterprise Research Analyst at Messari. He provides coverage on Macro, Bitcoin, and Ethereum. Prior to Messari, Chris was an investment banker with SVB Securities and served in the US Army. Chris holds an MBA and MSF from Boston College and a BS in Economics from West Point.

Mentioned Assets
Outline
  • Key Insights
  • Signals
  • Wrapping Up
  • Market Snapshot
Author
Chris is an Enterprise Research Analyst at Messari. He provides coverage on Macro, Bitcoin, and Ethereum. Prior to Messari, Chris was an investment banker with SVB Securities and served in the US Army. Chris holds an MBA and MSF from Boston College and a BS in Economics from West Point.
Mentioned Assets