WTF is going on with the Economy?!

Episode Summary

In this week's audio recap, we dive into the recent volatility of the US Dollar and why gold and silver took a sudden hit. We also tackle a common concern in the European fintech space: can budgeting apps actually sell your personal data? Plus, we break down the latest "plumbing" of the digital economy through the lens of Industry Season 4, Episode 3.

In This Episode:

• Data Privacy & PSD2: Why GDPR doesn't cover financial data sharing in the EU, and how the "Second Payment Services Directive" actually keeps you secure through Open Banking.
• The Dollar Plunge: Breaking down the impact of Trump’s tariff threats, the potential unwinding of the Yen carry trade, and the Federal Reserve's latest stance on interest rates.
• The Greenback's Recovery: Why the market calmed down after the nomination of Kevin Warsh and how commodities profit-taking supported the dollar.
• Industry Recap: Analyzing "Jurisdictional Washing," the high-stakes "Brexit Gap" in banking licenses, and the personal risks of "First Loss Arrangements."
• Diversification Tips: Practical advice on managing currency exposure and adopting a rational, long-term perspective.

Resources & Links Mentioned:

• Live Newsletter Replay: Watch Elliott Locke and Niels McEvoy's deep dive into the 2026 economy on YouTube.
• Upcoming Workshop Poll: Help us decide our next topic! Vote in the poll here.
• Stay Updated: Follow us on Instagram and LinkedIn for tomorrow's financial terms recap.

Connect with Abroaden:

• Website: abroaden.co

Note: We use AI to assist us with creating this podcast by helping generate our voice for certain segments. The content is 100% human created.