Intro 

MorninnAlpha

GM. This is  MorninnAlpha, by Shiv Sial*^  I am going to deliver to you all the things I read and research about which will help you be more aware of things happening around you. In the new world, its called Alpha  

Here we will talk about the following topics in under 5 min's or we get you pizza 

• Everything Crypto with New Trends

• Renewable energy

• Financial Markets

• Economics of the Real work

And obviously some Bants  & meme's 

AUGUST 2022 

Energy markets of one of the most developed Economies of the world

There has been some ATHs in energy prices- That's Germany 1Y ahead energy prices,     €1000 for 1/MWh is insane. In India, 1 MWh is somewhere around 40 euros. This is not going to end well as Russia is going to restrict their supply, the number of coal plants is limited in Germany and the rest of Euro, Renewable generation is going to limit as we enter winter months, and inflation is going to double digits.  Small businesses are going to shut down cause of 8x energy bills, PPI will skyrocket and in turn create a great opportunity for China and India to supply the demand gap created 

• The month ended pretty hard with Fed's Powell has destroyed ~$2tn in global stock market cap with his 8-minute “Until the Job Is Done” Jackson Hole speech, making $4.2bn loss per second. The Fed made a couple of things clear: - They are committed to ensuring that inflation returns to their 2% target. (cute they say it after printing $6 trillion) - They're not going to stop hiking even though rates are within their range (2-3%) (we going straight to Kabul eventually) - A September hike of 75bps isn't out of the question ( Jobs report & CPI key)

Crypto space has had a roller coaster of a month   We saw…

• Do Kwon finally come out of hiding to do his first interview since Luna crashed

• A DAO sent a guy to the moon on one of Jeff Bezos’ rockets

• Prices were a roller coaster (ETH went from $1k to $2k, Bitcoin went up to $25k and then both crashed back down)

1/ Tornado Cash got banned

• Got sanctioned and put on the SDN list (a list specifically for terrorists, cartels, and people that like the taste of pineapple on pizza)

• Can’t do any business with U.S persons or companies

• Got blocked and censored by companies like GitHub, Aave, etc

• The main developer got arrested and has been in jail for weeks

2/ CryptoPunks with 2 big moves

• Partnered with Tiffany & Co to drop a collection of 250 custom Punk “NFTiffs” that made $12.5m

• Punk holders got IP rights to their NFTs. Imagine the possibilities ...ok all I could come up with was printing a t-shirt of a CryptoPunk

Two things we’re keeping an eye on for September:1/ The Merge. After years of waiting, it’s finally happening. It’s one of the biggest events in crypto history and is set to happen either September 15th or 16th.

Starbucks web3 loyalty program. Many are predicting this could be a move that helps onboard the next 1m users into web3.

Next up ////

India's Q1 Numbers came out earlier today. The headline number is that GDP jumps 13.5% in the first quarter compared to the same period last year.

India's growth comes against the backdrop of a growth slowdown in many parts of the world. This includes both Advanced Economies and Emerging Markets. Remember, China's official growth during the same period was 0.4%. Clearly, the Indian Growth recovery has been solid

For those who think it is the base effect, the same effect persists in other countries too. Perhaps it is time for those who keep talking about demand or tepid growth to reassess their forecasts. There are still some base year effects given the second wave of the pandemic in 2021. But even then, the mining sector grew at 59.5%. Trade and transport grew at 45.4%. On private demand, it is up 39.5% compared to last year. It had long surpassed pre-pandemic levels. These numbers are really encouraging for all those who follow the economy closely. Especially given that they come against the backdrop of slowing growth in much of the world.  For comparison's sake, India's growth was 33.75 times China's growth rate in Q1. China had its own issues during this quarter, but projections for the decade suggest a slower decadal growth average than the previous decade. For India, it shows the opposite at the moment. 

So once you're done celebrating a Win over Pakistan in a cricket match we have just surpassed china in Economic growth this QT.  Jai Shree ram 

That's a wrap for today, ladies & gents. See ya next week frens!

MEME OF THE DAY

Winter is coming.....