With the crypto market in a downturn, this month’s issue looks at the main driver of the next leg up: Web 3.0 and the creator economy. Also, a reminder of the macro trends that frame the global financial system. If the embedded audio narration isn’t working properly, tap this button to switch over to the podcast version.
Thanks as always for the good analysis, Mark. I wanted to mention a very small point that the source of the rise in lumber prices is not a lack of wood (at least in the U.S.); it is a supply constraint in milling capacity and labor, as well as an unexpected increase in demand. The spike should be short term. https://markets.businessinsider.com/news/stocks/6-reasons-lumber-prices-soaring-demand-wont-die-down-soon-2021-5-1030452667
Mark, thanks for providing more context by zooming out and looking at the bigger financial picture and what appears to be on the horizon (Web3).