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Day: December 28, 2020

Wild And Dangerous

Wild And Dangerous

December 28, 2020December 29, 20205 min read

US equities hit records Monday, as bemused market participants pondered a convoluted situation in Washington, where Democrats moved on Donald Trump’s demand that $600 direct

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10 Comments on Wild And Dangerous
Somebody Help Larry Summers. He’s Stuck In A Textbook

Somebody Help Larry Summers. He’s Stuck In A Textbook

December 28, 2020December 29, 20209 min read

“Look, we need to help people,” Larry Summers said, in a kind of deliberate drawl on Monday, during another chat with Bloomberg Television. Taylor Riggs

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11 Comments on Somebody Help Larry Summers. He’s Stuck In A Textbook
Bitcoin, The $28,000 Derivative Of Netizens’ Collective Imagination

Bitcoin, The $28,000 Derivative Of Netizens’ Collective Imagination

December 28, 2020December 29, 20205 min read

I suppose I’d be remiss not to mention Bitcoin coming off a Christmas rally that saw the digital token hit $28,300 by the end of

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24 Comments on Bitcoin, The $28,000 Derivative Of Netizens’ Collective Imagination
China’s Tech Titans Crumble At Xi’s Feet

China’s Tech Titans Crumble At Xi’s Feet

December 28, 2020December 29, 20203 min read

Since peaking in October, Alibaba has now shed more than a quarter trillion in market value. The company’s shares dropped another 8% in Hong Kong

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6 Comments on China’s Tech Titans Crumble At Xi’s Feet
Let Reason And Science Guide Us. And Stimulus. Lots Of Stimulus.

Let Reason And Science Guide Us. And Stimulus. Lots Of Stimulus.

December 28, 2020December 28, 20203 min read

Equities looked to rise coming off the Christmas break, buoyed by Donald Trump’s decision to sign the bipartisan virus relief legislation he derided as a

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1 Comment on Let Reason And Science Guide Us. And Stimulus. Lots Of Stimulus.

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