JPM dropping truth bombs: 30-year Treasury yields creeping up = death sentence for small/mid caps.
The real issue? Global debt is completely fucked. 60% of global GDP now from countries running >100% debt-to-GDP WITH active deficits.
This isn't normal. This is unprecedented territory.
What this means for you:
• Higher yields = money flows OUT of risk assets
• Small caps get obliterated first
• Liquidity dries up fast
If you're heavy in alts or low-cap plays, watch bond markets closer than you watch charts. When TradFi breaks, crypto doesn't escape.
Position accordingly.
The real issue? Global debt is completely fucked. 60% of global GDP now from countries running >100% debt-to-GDP WITH active deficits.
This isn't normal. This is unprecedented territory.
What this means for you:
• Higher yields = money flows OUT of risk assets
• Small caps get obliterated first
• Liquidity dries up fast
If you're heavy in alts or low-cap plays, watch bond markets closer than you watch charts. When TradFi breaks, crypto doesn't escape.
Position accordingly.