#AirdropSafetyGuide On April 30 at Token2049 in Dubai, founder and managing partner of Pantera Capital, Dan Morehead explained how the global trade system is now being disrupted. He compared the macroeconomic phenomenon to the shaking of a snow globe, meaning that traditional investments like stocks and bonds are no longer holding up amidst the economic uncertainty.
Though no direct quotes were permissible at the event, crypto.news attended and can confirm that participants discussed the role of crypto in navigating today’s increasingly complex macro environment.
Moreover, as Morehead pointed out, the contradiction of having high bond yields at the same time as high stock prices, suggests uncertainty in the market. Currently, as of April 30, U.S. 10-year treasury notes have a bond yield of 4.18%, while U.S. 30-year treasury bond yields stand at 4.71%.