Episode Details

Is this 2025 bull market just a repeat of 2021, or something much riskier under the surface? In today’s episode, Jay Hamilton is joined by Dominic Ryder, a former TradFi wealth manager and VC-turned-crypto founder, to dissect the hidden risks no one wants to talk about. From digital asset treasuries that smell a lot like 2008, to the eerie signals of late-cycle euphoria, Dominic pulls no punches.

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🎤 Our Head of Research Kyle Reidhead is speaking at Zebu Live (Oct 21–22).Want in? Use code MILK for 20% off tickets.

⁠⁠⁠https://out.milkroad.com/ZebuLive2025Podcast⁠⁠⁠

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📚 Helpful Resources 📚

🥛 The Fed’s running it hot and the bears are wrong 🐂

https://link.milkroad.com/macro-fed-analysis-10/05-pod

🥛 Checking the market’s pulse: Oct ‘25 🩺

https://link.milkroad.com/market-pulse-oct25-10/05-pod

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