Featured Story
The last few months have seen the dollar dive and crypto thrive…
Source: Bloomberg
And the last few days have been no different…
Source: Bloomberg
With bitcoin helped overnight by the Koreans (the Kimchi premium tagged zero then soared)…
Joe Lonsdale, Palantir co-founder explained succinctly why crypto is performing so well (and perhaps why the dollar is not so much)…
“Bitcoin is a bet against a centralized financial system run by crazy people… it is a bet that the emperor has no clothes.”
Echoing Kyle Bass’ infamous comments about gold from a decade ago…
“Buying gold is just buying a put against the idiocy of the political cycle. It’s That Simple”
For now, it seems the market has a preference for one over the other (or one is being suppressed, take your pick)…
Source: Bloomberg
Although the last week or two have seen that swing back the other way a little…
Source: Bloomberg
Away from that malarkey, Small Caps outperformed Big-Tech for the 4th straight day as all major US indices but the Dow managed gains today…
At 1530ET, all hell broke loose in stock land with a sudden, massive-volume puke that came out of nowhere…
This was a major sell program…
TSLA (whose earnings are tonight) went just a little bit turbo during that period too (ARKK was up over 3% today)…
DISCA (think Archegos) surged during this broad index puke.
After stopping perfectly at January’s lows, Small Caps have surged higher relative to Mega-Cap DJIA in the last week or two…
Source: Bloomberg
Growth outperformed Value today
Source: Bloomberg
Despite equity gains, Treasuries ended the day practically unchanged…
Source: Bloomberg
10Y Yields remain in a very narrow range…
Source: Bloomberg
Bitcoin wasn’t the only crypto to see a huge rebound. Ether surged from below $2200 to over $2500…
Source: Bloomberg
ETH is hovering near its highs relative to BTC from February…
Source: Bloomberg
After Friday’s clubbing, (and this morning’s smaller slam), gold managed gains on the day…
Oil prices ended lower, despite a wild intraday swing…
Finally, the price of agricultural commodities is literally exploding…
Source: Bloomberg
“Transitory” of course!
And financial conditions have never… ever… been this easy…
Source: Bloomberg
How much longer are you going to enable this Mr.Powell? Perhaps Mr. Lonsdale is right – “crazy people” are running the system.60
Don't Miss
HNewsWire: Saudi Arabia’s Wealth Fund Dumps Its JPMorgan Chase Stock; Warren Buffett’s Berkshire Hathaway Did the Same in 2020 By Pam Martens and Russ Martens, Foreign…
Deep Dive into the Dark Side of Banking and Its Handmaiden, Central Banks, Its All Build On Thin Air
By Pam Martens and Russ Martens: January 9, 2024 ~ Last September, speaking at a conference sponsored by the nonprofit watchdog, Better Markets, to examine if “too…
The Federal Reserve Has Abruptly Terminated the Banking Bailout Program That Has Been Sustaining Institutions. Expect Banks To Start Collapsing in the Near Future
By SRH,The federal authorities seem to be on the verge of closing down the Regional National Banks in order to usher in digital currency. Tribulations…
Read More
By BanksterCrime TON OF TROUBLE. With Telegram CEO Pavel Durov set to appear in a French court on Wednesday, blockchain analysts are weighing the possible…
Hedge Fund Titan John Paulson Made $1 Billion in an Illegal Goldman Sachs Deal; Trump Is Now Floating Him for Treasury Secretary
By Pam Martens and Russ Martens: Hedge Fund Titan, John Paulson According to headlines at Bloomberg News and Reuters this morning, Donald Trump is floating the notorious…
