Your next guest says there's a lot of FOMO, fear of missing out around stable coins and Circle. Dan Dolv, managing director and senior fintech analyst at Mazuo. Dan, I I don't I'm going to be honest. I don't have any idea what to say about Circle anymore.They buy treasuries and issue people money. It seems like a money marketish account. What am I missing here.I don't think you're Hey, Brian. Good to have It's good to be on the show. I don't think you guys are missing anything.I it's it's basically like beh ...

Market Focus - Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, and advanced tools [1] - Yahoo Finance aims to help users manage their financial life [1] Fed Policy & Interest Rates - Fed Chair Jerome Powell delivers remarks on interest rate decision and Fed policy [1] Yahoo Finance Platform - Yahoo Finance offers the latest news and data at financeyahoo-com [1] - Yahoo Finance has apps available on Apple and Android [1] - Yahoo Finance maintains a social media presence on X, Instagram, TikTok, Facebook, and LinkedIn [1]

Market Trends & Predictions - Expectation of a higher yield curve in the future [1] - Anticipation of substantially lower front-end rates with a new, potentially dovish Fed chair within six months [2] - The yield curve steepening trade is a slow-moving process but expected to eventually work [3] Fiscal Policy & Debt - The US is facing fiscally constrained conditions with budget deficits potentially exceeding 6% [4] - High debt-to-GDP ratio (100%) necessitates keeping real interest rates low to manage interest burdens [5] - Japan's reluctance to raise rates significantly despite inflation (2-3%) and wage growth (35%) illustrates a debt management strategy [5] Monetary Policy & Fed - Potential appointment of a dovish Fed chair to lower interest rate costs [4] - The next Fed chair is expected to initiate policies aimed at lowering interest burdens [6] - The strategy to escape a debt trap involves maintaining the lowest possible real interest rates [5]