"People quit their jobs and are trying to get back into the labor force due to the current price of bitcoin. Real wealth is contracting right now as financial conditions have deteriorated. You will see less liquidity. Cryptocurrency, real estate, and technology jobs are suffering, says Phil Streible. He also weighs in on crude oil price falling from its weekly high. "When oil goes up, inflation expectations, yields, and the U.S. Dollar also rise," Streible adds.
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