Ledger Cast Weighs Coronavirus Jitters, Davos Cash Talk and a Possible Ripple IPO

Hosts Brian Krogsgard and Josh Olszewicz used the latest Ledger Cast episode to walk through a crowded slate of market stories, starting with the coronavirus outbreak and its effect on prices. Their central question was whether the overlap with the Lunar New Year, when many traders in Asia step away from their screens, could drain trading volume at a time when the market was already looking for direction.

The conversation also returned to the World Economic Forum in Davos, where billionaire investor Ray Dalio's remark that cash is trash drew attention. The hosts placed those comments within the wider debate over holding cash during uncertain times, and they framed the discussion as educational rather than a recommendation to buy or sell anything.

On the company side, the episode highlighted Ripple, which teased a possible initial public offering. The hosts treated the hint as a signal worth watching, though the episode did not offer details on timing or structure.

Olszewicz also reviewed his analysis of Basic Attention Token, or BAT, which he wrote for Brave New Coin, and shared an update on his own portfolio. Brave New Coin, the show's sponsor, also previewed a new sentiment indicator, and the episode included a chart of the repo market for context on short-term funding conditions.

Listeners should keep in mind that Brave New Coin sponsors the podcast, a relationship the show discloses openly. As always, the hosts said the material should not be read as investment advice, and anyone acting on it should do their own research first.