The Market Is OVERREACTING to Policy Uncertainty | Jeff deGraaf

In this episode, Jeff deGraaf joins the show to discuss the current market regime and why he thinks a recession is unlikely, how he is thinking about the different S&P sectors, and how foreign markets like Europe and China compare to the US. We also delve into the outlook for yields and monetary policy, credit spreads, gold, Bitcoin, and more. Enjoy! __ Follow Jeff deGraaf: https://x.com/RenMacLLC Follow Felix: https://x.com/fejau_inc Follow Forward Guidance: https://twitter.com/ForwardGuidance Follow Blockworks: https://twitter.com/Blockworks_ Forward Guidance Newsletter: https://blockworks.co/newsletter/forwardguidance Forward Guidance Telegram: https://t.me/+nSVVTQITWSdiYTIx — Forward Guidance Audience Survey: https://forward-guidance.beehiiv.com/forms/109bcbf7-0948-43b8-be8d-5390a5198125 — Join us at Digital Asset Summit 2025 March 18th - 20th. USE CODE FG10 FOR 10% OFF general admission! https://blockworks.co/event/digital-asset-summit-2025-new-york __ Ledger, the world leader in digital asset security for consumers and enterprises, proudly sponsors Forward Guidance, where traditional finance meets crypto. As Ledger celebrates a decade of securing 20% of the world’s crypto assets, it offers a secure gateway for those entering digital finance. Buy a LEDGER™ device today and protect your assets with top-tier security technology. Buy now on Ledger.com. — Timestamps: (00:00) Introduction (03:09) Market Cycle Clock Explained (06:09) Deciphering the Market Regime (10:13) Sector Performance and Predictions (11:01) Ledger Ad (11:46) Sector Performance and Predictions (Con't) (19:04) Outlook for European and Chinese Markets (24:30) Monetary Policy and Fixed Income Outlook (32:48) Ledger Ad (33:33) Monetary Policy and Fixed Income Outlook (Con't) (34:35) Credit Spreads and Market Sentiment (37:08) Gold and Bitcoin (41:27) Highest Conviction Bet for 2025 __ Disclaimer: Nothing discussed on Forward Guidance should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.