🔥 *Get my FREE PDF report to Unf*ck Your Future:* https://rvtv.io/3YOZZUe. In this special edition of The Journey Man, Raoul Pal is releasing Andreas Steno Larsen’s most recent monthly State of the Union discussion. Every month, Andreas walks us through his current macro framework and takes questions live from the audience. These shows are exclusive for the Pro Macro community, but with markets at such a pivotal moment, we wanted to share some of the alpha with you, too. Recorded on March 11, 2025.
📣 *This episode is brought to you by Bitwise Asset Management*. Bitwise has been all-in on crypto since 2017 and has more than 20 crypto-based products to help investors get the access they need. Bitwise manages the world’s largest crypto index fund, one of the top Bitcoin ETFs, and one of the largest institutional Ethereum staking solutions. Bitwise has over $10 billion in assets under management and over 100 people in the US and Europe to help manage everything from ETFs to private alpha strategies to SMAs for large investors.
👉 *Check out Bitwise at https://bitwiseinvestments.com and let them know that Real Vision mentioned them*. Carefully consider the extreme risks associated with crypto before investing
📣 *This episode is sponsored by SuperAI*. Join over 7,000 attendees and 1,000 companies on 18-19 June at SuperAI Singapore. East will meet West as we bring together the global AI ecosystem for Asia’s Largest AI Event. Industry leaders will converge for 2 unparalleled days, stepping into the future to explore the exponential AI age. Expect an immersive experience that will unveil the latest developments from the frontiers of LLMs, the intersection of AI and crypto, robotics, drones, SpaceTech, the societal and economic impact of generative AI, and much more.
👉 *Grab your tickets at https://superai.com with promo code REALVISION for an exclusive 20% off—only while tickets last*.
📣 This episode comes to you thanks to Arch Public. It’s a hedge fund in your pocket. Built for retail traders, designed to outperform Wall Street.
Arch Public is doing a HUGE giveaway to end the month of March. We want to see you at The Bitcoin Conference in Vegas May 27-29. We are giving away TWO Industry Passes and an invitation to Arch Public’s Invitation Only Dinner in Vegas. Here’s how you make yourself eligible for our giveaway:
👉 1) *Download our FREE Bitcoin Algorithm right now at https://realvision.com/arch & 2) Follow @tryarchpublic on X. Over the next week we will choose a winner and announce The Bitcoin Conference package in full! See you in Vegas!*
Timestamps:
00: 00 Intro & Bitwise Sponsorship
02: 11 Raoul Pal Introduces Andreas Steno Larsen
03: 17 Macro Insights & Market Trends
03: 59 Trump’s Impact on Markets
04: 32 US Recession Fears Explained
05: 11 Tariffs & Corporate Front-Loading
06: 58 Inflation & Tariff Effects
08: 40 Why Inflation Might Drop
09: 54 Supply Chains Adjusting to Tariffs
12: 22 Global Trade & US Policies
13: 29 Investor Sentiment & Uncertainty
15: 18 Is a US Recession Coming?
17: 05 Bond Yields & Market Trends
19: 45 Liquidity & Central Banks
20: 52 Weak Dollar & Global Impact
23: 10 Private Credit & Liquidity Cycles
24: 22 Market Bottom Timing
25: 37 Bitcoin & Macro Cycles
26: 49 Metaplanet & Bitcoin Strategy
27: 23 Mind Medicine Stock Outlook
27: 53 Europe’s Economic Outlook
28: 58 Trump’s Influence on Europe
30: 09 European Defense Sector Boom
32: 00 China’s Economy & Policy
32: 33 Alibaba’s Breakout Signal
33: 07 Best Global Trades Now
34: 50 Dollar & Bond Yield Outlook
36: 37 Crypto Cycle Peak?
38: 23 Global Trade Realignment
39: 29 India & Tariff Risks
40: 31 Final Thoughts & Macro Strategy
Unlock the potential to showcase your brand to our global audience. Contact us at partnerships@realvision.com for advertising inquiries.
Let’s connect:
Twitter (X): https://twitter.com/RaoulGMI
Instagram: https://www.instagram.com/raoulgmi/
LinkedIn: https://www.linkedin.com/in/raoul-pal-real-vision/
My other work:
Real Vision: https://rvtv.io/3LHYIaH
Global Macro Investor: https://globalmacroinvestor.com
The Exponentialist: https://realvision.com/thefuture
EXPAAM: https://expaam.com
Connect with Real Vision™ Online:
Twitter: https://rvtv.io/twitter
Instagram: https://rvtv.io/instagram
Web: 🔥 https://rvtv.io/3Y4t5Pw
🍌 Get your Banana Zone swag at the Real Vision merch store: https://shop.realvision.com
Disclaimer: https://media.realvision.com/wp/20231004185303/Disclaimer-1.pdf
#raoulpal #crypto #macro #macroeconomics #cryptocurrency #cryptonews #blockchain #web3 #nft #nfts #btc #eth #btcnews #bitcoin #bitcoinnews #bitcointoday #cryptotrading #cryptoinsights #cryptotips #cryptoinsights #macroinsights #realvision #solana #sol #solanasol #altcoins #bitcoinnews #btctoday #btcnews
Join Andreas Steno Larsen as he discusses why macro matters more than ever in this insightful interview. Get valuable macro insights from a leading expert in the field on Real Vision with Raoul Pal.