The Credit Cycle Is Turning On Stocks
Notes de l’épisode
In this episode, Nik covers three funding headlines that landed within days of each other: Anthropic filing for an IPO, SpaceX going to the bond market for $40 billion, and Meta raising $95 billion in equity. He explains why so much issuance at once signals the funding window is narrowing, why a turning credit cycle starves everything on the fringe, and why stock valuations and earnings growth are already rolling over. The Bitcoin Layer and its guests do not provide investment advice.