Macro Others Miss, G20 and OPEC - Daily Live 11.15.22

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Thread by @AndreasSteno
OPEC revises global demand down for the 5th time since April
G20 meeting drama about Russia

Today's show is about macro topics. Of course, I discuss bitcoin's price and chart, and then discuss major developments missed by, and misinterpreted by, the mainstream financial press. Even alternative macro commentators get this wrong stuff wrong.

Big topics are OPEC is cutting its global demand forecast for the 5th time since April and Ukraine softening its position on negotiations. I tie these things into describing and forecasting bitcoin.

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bitcoin daily chart

S&P 500 chart with moving averages

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