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Joe Consorti: Bond market reacts as Powell leaves and Warsh arrives
Joe Consorti, industry influencer, shares an update on significant changes in the bond market, highlighting the departure of Powell and the appointment of Warsh.
Consorti notes that the market is selling off and refers to a potential "break-the-glass" plan being considered. He also mentions that this update is a direct sequel to a previous video and invites viewers to join his channel for early access.
Consorti has recently focused on turbulence across different asset classes. He pointed out that both NFTs and diamonds have lost 60 percent in value in a recent market commentary. Earlier this year, he noted that Bitcoin climbed 7 percent since the start of the war while other major assets declined.
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