What does a decade of bitcoin returns look like compared with other major asset classes? In a few words, Darren Winters describes; the cryptocurrency Bitcoin has been the best-performing asset. Here is a chart courtesy of Voronoi The best-performing asset in the world from 2011-2021 was Bitcoin. Moreover, the recently launched Bitcoin ETFs have reignited …
Rate Cut Mania Pushback
Could rate cut mania pushback be Fed chair Powell’s latest tactic to dampen the exuberant young bull market from a disorderly meltup? The Everything rally based on the anticipated Fed pivot in the final quarter of 2023 was spectacular. The NASDAQ, technology stocks, and growth stocks sensitive to interest rates inverted by nearly 30%. Bonds …
Top Global Risks In 2024
What are the top global risks in 2024, according to the world economic survey of 1,490 leaders? As Darren Winters points out, you would think wars on every continent, disruption to shipping lanes in WW3, and contamination of Europe’s fertile farmlands with depleted uranium shells in Ukraine leading to food insecurity would make it to …
No Reverse Gear
No reverse gear theory explains why debts and deficits will keep expanding. Alternatively, the system implodes. A monetary debt system constantly needs new currency to meet the service repayments on debts, and it is a system with no reverse gear, according to Brent Johnson, author of the Dollar Milkshake Theory. Explaining the no reverse gear …