Apparently, Wall Street needs to conduct surveys to get a read on what the “word” from Main Street is, because after all, if you’re working in lower Manhattan and pulling in a cool 300k, you’re probably not spending a lot of time hanging out with the poors in social settings.
…so buy that dip!
“The wisdom of crowds has yet to grace itself on bond yield forecasters.”
What does it mean to be “diversified†when everything is expensive?
Who’s ready for another week like last week?!
Safely. Of course.
January in the books.
Is it Friday yet?
“Yes, is this customer service? I’d like to report an outage in the magic money machine.”
Thank God it’s Friday.
As one derivatives trader we spoke with back in November put it, “almost everyone needs an exchange.” When you shutter these exchanges or worse, if governments were to make convertibility into dollars, yen, euros (or whatever) illegal, this whole thing would go “poof!” overnight.
He’s going to build the “Goldman Sachs of cryptos.”
“…but we again caution you that, if you lose money, there is a substantial risk that our efforts will not result in a recovery of your investment.”
As this year melts into next, we thought we’d revisit five key problems the country faces for readers who have a keen interest in the extent to which America, while not the barren, bone-strewn wasteland imagined in Donald Trump’s inauguration speech, does have a set of rather serious issues it needs to address in 2018.
“That is very often the final stage of a bubble and I do not believe that “this time is different.”
Cheers to you in the new year…
Unless of course every Millennial becomes a Bitcoin millionaire, in which case I suppose all of this debt will be paid off within the next 12-24 months.
This was another day dominated by crypto news, tax banter, and Donald Trump – in other words…
A snowy hike and so much more.
Whatever the case, we shouldn’t lose sight of these two trillion-dollar bubbles because, well, because they are trillion-dollar bubbles and generally speaking, trillion-dollar bubbles do not just go gentle into that good night.Â
Buckle up, this could be a bumpy ride.
“Pop”?
Ok, look: if you’re still hungover from a combination of turkey, greasy mashed potatoes, and copious amounts of not-quite-top-shelf red wine, it’s time to snap out of it because last week is melting into this week as tends to happen historically on Sundays.
“That’s one small step for rich people and corporate ‘citizens’ and one giant leap for Republicans who can’t get shit done”…
Common sense ain’t so common.
“So when you ask what the big risk is, the answer is”…
It’s Friday the 13th…
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