On today's edition of "Boiler Room," Alfonso Peccatiello walks through his most recent article on The Macro Compass titled "The Moment of Truth for Markets". Alf breaks down what is being priced in European & U.S bond markets after Jerome Powell's Jackson Hole speech and an upside inflation report out of Europe. After a clear market sell-off through the beginning of 2022, markets in recent months have rallied from the lows. Alf argues that now is the "moment of truth". Should we expect further downside throughout 2022 and into 2023, or not? To find out, you'll have to tune in! Read The Moment of Truth for Markets: https://themacrocompass.substack.com/p/the-moment-of-truth-for-markets#details -- Follow Alfonso: https://twitter.com/MacroAlf  Follow Blockworks: https://twitter.com/Blockworks_  Subscribe To The Macro Compass: https://themacrocompass.substack.com/  Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/ -- Timestamps:  (00:00) Introduction (01:24) The European Bond Market (07:33) U.S Markets (09:54) Powell Will Be Happy With Markets Post Jackson Hole (13:30) Final Thoughts -- Disclaimer: Nothing discussed on Boiler Room should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.