Good News, Bad Banks And The Dollar
The dollar is coming off its worst month since November, when a cooler-than-expected CPI report
The dollar is coming off its worst month since November, when a cooler-than-expected CPI report
At one point Wednesday, the most read stories on Bloomberg’s public website were, in order,
It’s been a bad year for crypto, to borrow Sam Bankman-Fried‘s deliberately understated description of
$2.1 trillion. That’s a rough approximation of the total value destruction across the cryptocurrency space
[Editor’s note: The original version of this article referred to “DeFi yield farming,” as opposed
In November, we’ve seen mass layoffs, declining profit expectations and credit events. Lions, tigers, bears,
“I f—ed up.” So said Sam Bankman-Fried, on a call with FTX investors, many of
I said I wasn’t going to write about FTX and Sam Bankman-Fried, and God knows
“Way” back on October 28, while responding to comments on an article documenting a 31%
Barring a miracle, 2022 will be a year to forget for market participants. Ironically in
Over the past, let’s call it three or four years, I’ve repeatedly referenced the suggestion
Regular readers will fondly (or not) recall my three-month foray into Web3 and decentralized finance.
US households saw their net worth decline by more than $6 trillion in just three
Fed officials need to stop talking. Or at least dial it down. Back in February,
Jamie Dimon is no stranger to storms. He’s been through large ones, in open seas,
An already dire situation in the cryptoverse took another ominous turn Saturday, when Bitcoin dropped
If it seems like less than two weeks ago when Coinbase’s Chief People Officer, L.J.
Bitcoin, and cryptocurrencies more generally, were in all kinds of trouble at the beginning of
Let’s start with a simple premise: The Fed now realizes that the massive windfall from
Coinbase has a Chief People Officer. He’s L.J. Brock. And he’s been managing, acquiring and
Tiff Macklem needed to send a message on Wednesday. Like other developed market central bank
“You can’t issue unlicensed securities and use your friends as the underwriters,” I told someone
Jerome Powell is going to “keep pushing” until US inflation abates in “a clear and
“Fast-changing headwinds and risks to the economic outlook have increased since the start of the
On August 11, 2021, a USA Today article featured the headline, “Millennials are quitting jobs
Another disorganized session on Wall Street left investors searching for answers. Often enough, it feels
The cryptoverse plunged further into crisis Thursday as a self-fulfilling prophecy set it. Like almost
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