Chairman and CEO, MARA Holdings at MARA Holdings
It was a couple things back to back. The Fed rate cut suddenly looked like a low likelihood, which created risk off. Then there was a scare around AI assets, debt, and the AI circular economy. Add Japan rate hikes and the carry trade unwind, and it became a compounding effect.
This answer is part of a full interview with Fred Thiel, Chairman and CEO, MARA Holdings at MARA Holdings.
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