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In this episode, Cem Karsan joins the show to discuss the election’s impact on markets, the new era of populism, and the post-election volatility smash. We also delve into Trump’s impact on the Federal Reserve, the annual re-leveraging effect in markets, and much more. Enjoy! __ Follow Cem Karsan: https://x.com/jam_croissant Follow Felix: https://x.com/fejau_inc Follow Forward Guidance: / forwardguidance Forward Guidance Newsletter: https://blockworks.co/newsletter/forw... Forward Guidance Telegram: https://t.co/G7Ljv4x5Dp Follow Blockworks: / blockworks_ __ Ledger, the world leader in digital asset security for consumers and enterprises, proudly sponsors Forward Guidance, where traditional finance meets crypto. As Ledger celebrates a decade of securing 20% of the world’s crypto assets, it offers a secure gateway for those entering digital finance. Buy a LEDGER™ device today and protect your assets with top-tier security technology. Buy now on Ledger.com. — Timestamps: 00:00 Introduction 10:11 Pollster Miscalculations 12:03 Societal Impact Of Election 19:49 Secular Vs Cyclical Impact 27:52 Ledger Ad 28:37 How Will The Fed React? 33:03 Money Printing & The Dollar 35:38 Volatility & Market Structure 43:39 The Re-leveraging Effect 52:06 Market Outlook 56:32 Learn More About Cem's Work __ Disclaimer: Nothing discussed on Forward Guidance should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.