DNUT In The HOOD
Something important happened on Thursday. 130 nations and jurisdictions signed onto an agreement to set
Something important happened on Thursday. 130 nations and jurisdictions signed onto an agreement to set
Unfortunately for anyone who’s inexplicably inclined to insist that markets are efficient and/or that the
Expectations matter, we’re told. And they’re rising when it comes to prices. According to the
One of the (many) advantages to living amongst people who fall into what I described
“Coinbase Opens at $381 in Volatile Market Debut. Should You Buy the Stock?,” Bloomberg wondered
Some folks were vaccinated. Four million of them in a single day, actually. This is
You know, it’s funny. For one half of America’s political duopoly, principles aren’t just malleable
Joe Biden wishes “some of America’s elected officials” understood why it’s still crucial for people
And while I am being honest, let me further reveal that my membership in the
Some of the Fed’s critical systems went down on Wednesday. But not the ones that
Ray Dalio held another one of his “Ask Me Anything” Reddit events on Tuesday. It
Optimism around the prospects for emerging markets is building. Developing nation assets have lots of
Good news. US household wealth staged a “V-shaped” recovery in the second quarter. After collapsing
In “Gods“, I described an inegalitarian market that not only reflects, but also feeds, an
By The New York Fed (via Liberty Street Economics) In response to disorderly market conditions
A version of the S&P hit a record, as markets’ quest to recover everything lost
It’s “not nothin’”, so to speak, but it’s not a long-term solution. That was the
“Whether they’re legal or not takes time to figure out”, Nancy Pelosi said Sunday, speaking
“…we’ve decided to immediately return the entire $10 million PPP loan we received.”
“The American food supply chain had to adapt, and it remains safe, secure, and strong.”
“Despite increasing our loan loss reserves, we earned $4 billion this quarter.”
Back in January, JPMorgan’s Nikolaos Panigirtzoglou noted that persistent underperformance from hedge funds over long
Amid the worst crisis “since the dawn of the jet age”, America’s airline industry needs a bailout. And we’re going to give them one.
“I believe the situation we find ourselves in is analogous to a tsunami coming.”
“…unless December brings a dramatic recovery”.
Hint: It’s a bit more nuanced than some high-profile hedge fund luminaries would have you believe.
“The American people want corporations to invest in their workers, not just dividends, stock buybacks and outrageous compensation packages”.
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