Today’s guest, Kevin Muir, The Macro Tourist, breaks down why this move represents a complete script-flip from the Fed, why Powell’s guidance may no longer matter, and why investors are missing the most important second-order effects shaping 2026.

~~~~~

📊 ⁠Discover crypto’s onchain S&P 500, check out Reserve’s DTFs.⁠

~~~~~

💰 Institutional grade research (priced for everyday people), that doesn’t require a masters degree to understand.

🥛 ⁠Free Milk Road Newsletters.⁠

~~~~~

✊ Follow Milk Road Macro on Social Media:

⁠👉 Milk Road X⁠

⁠👉 YouTube⁠

⁠👉 Spotify⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

⁠👉 Apple Podcast⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

~~~~~

🎙 GUEST INFO 🎙

Kevin Muir: https://x.com/kevinmuir

The Macro Tourist: https://themacrotourist.com/

📃 Disclaimer 📃

The information presented in this video is for educational and informational purposes only. It should not be considered as financial, legal. The views and opinions expressed by the speakers, are their own and do not constitute professional advice. Investing in cryptocurrencies carries significant risks, including the potential for substantial losses

The Fed Just Flipped the Script: What the Rate Cut Reveals About the 2026 Market Playbook w/ Kevin Muir

Milk Road Macro