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A Run For Your Money?

In this week’s newsletter, we talk about bank runs, the quickly unfolding situation at Silicon Valley Bank, the unusually general Bank Term Funding Program, as well the macroprudential policies from the Great Financial Crisis that led us to today.

March 17, 2023

Market Commentary

Do You See A Butterfly?

This week we discuss the historic inverted yield curve, what it means for the economy, Chairman Powell’s semiannual testimony to congress, and the recent troubles with crypto bank Silvergate.

March 7, 2023

Market Commentary

A Game of Chicken?

This week we discuss the January 2023 PCE print, persistence in services inflation, crypto decorrelation from stocks, and Coinbase's new blockchain Base.

February 28, 2023

Market Commentary

Do You Need a Correlation Break?

The February 2023 market action focuses on the decorrelation of stocks and bonds, the renewed embrace of crypto in Hong Kong, and how to position against a changing long term inflation outlook.

February 21, 2023

Market Commentary

A Lot of Hot Air?

This week we talk about the CPI inflation index, long term bond dynamics, Japan's battle with deflation, and the sustainability of crypto yields.

February 14, 2023

Market Commentary

What Recession?

This Weeks Market commentary digs into the Feb 1st FOMC meeting, February Non-Farm Payrolls and Crypto price action including BTC and ETH.

February 7, 2023

Market Commentary

Party Like It’s 2020?

Meme stocks are making a comeback in 2023. Why? The de-leveraging of the financial system has stopped, and interest rates have been coming down. Is this the beginning of a new boom?

January 31, 2023

Market Commentary

Every Dog Has Its Day?

Markets and crypto have bounced back, what drove the performance? In this article we talk about factors including Genesis, DCG, Central Bank policies, and war tactics.

January 24, 2023

Market Commentary

Spring Time Comes Early This Year?

Inflation pressures are easing, how do you invest in 2023? In this article: The Fed, war in Ukraine, Crypto and China's post-COVID policy.

January 17, 2023

Market Commentary

The Year Ahead 2023

What's in store in 2023? How will markets play out over the next year? Lean about the rise of nuclear power, food security, and zero trust cyber security!

January 6, 2023

Market Commentary