Bitcoin has soared back above $48,000 this morning, after crashing near a $42,000 handle over the weekend, following Congress’ passing of Biden’s stimulus package. “In the US a $1.9 trillion stimulus package […]
Yesterday morning shortly after the initial liquidation puke which saw tech shares tumbles, we had some “words of comfort” for all those fearful that the Fed may hike rates in the coming months […]
Global stocks, US equity futures and cryptocurrencies all tumbled on Tuesday as the recent surge in inflation, bond yields and commodity prices continued to hammer technology shares while investors awaited fresh reassurance […]
After a week when everyone was focusing on the i) blowout in bond yields and ii) how much worse it could (and would) get, it got worse on Monday, when the 10Y […]
The oldest bank in America will now be storing Bitcoin on behalf of its asset-management clients, according to the Wall Street Journal. “Digital assets are becoming part of the mainstream,” said Roman Regelman, chief […]
The roaring stock rally of the past six days week took a breather on Tuesday, with futures dipping from a record high of 3,913 as investors sifted through earnings and weighed the […]
We are officially in bubble territory. Earlier today, coinciding with the release of the latest Bank of America Fund Manager Survey, Deutsche Bank also published its latest monthly survey (Jan 13-15) polling 627 market […]
When the headline hit last night – from a Biden aide – that Biden’s stimulus spendfest was $2 trillion (or some suggested $3 trillion), markets lurched – bond yields spiked, small caps […]
So, the first week of the year brought us – the worst first day for stocks in two decades, the “darkest day in American democracy”, a dismal jobs print (far worse than […]
The hyperbole from every talking-head on what occurred in DC yesterday could not have been more, well, hyperbolic… from “Pearl Harbor” comparisons to the “darkest day in American history” to calls for […]
