Are Bitcoin Bubbles Predictable?

"...our Metcalfe-based analysis indicates current support levels for the bitcoin market in the range of 22–44 billion USD, around a third of current levels..."

  • Mar 18, 2018 6:25 PM
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Morgan Stanley: "Something's Different This Year"

"We’re pushing back on the notion that US policy actions have meaningfully extended the market cycle, instead arguing that markets have already largely reflected, and are currently pricing in, the benefits they delivered... meaning 2018 earnings expectations may be too high."

  • Mar 18, 2018 6:00 PM
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Goldilocks R.I.P. (Part 2)

"Goldilocks is a conceit of monetary central planning and its erroneous predicate that falsifying financial asset prices is the route to prosperity... only leads to immense and unstable financial bubbles which eventually crash..."

  • Mar 18, 2018 5:35 PM
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Hedge Fund CIO: "The Arms Race Has Begun"

"China in particular has set itself on a course to become a global power and America’s primary adversary," he said, as the pistol popped, and the arms race began.

  • Mar 18, 2018 4:58 PM
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Kushner Cos Accused Of Filing False Documents With NYC

"It was noisy, there were complaints, I got mice," said mailman Rudolph Romano, adding that the Kushner Cos. tried to increase his rent by 60 percent. "They cleaned the place out. I watched the whole building leave."

  • Mar 18, 2018 4:16 PM
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What Google's Ban For Crypto Ads Really Means

No doubt the ad ban will slow adoption, and the data we present here shows why that is important. But just because Google forbids advertising doesn’t condemn an industry to failure. People always find a way...

  • Mar 18, 2018 2:15 PM
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Good Riddance, Lloyd Blankfein!

"...we refuse to give him a free exit pass. Because when the big bank bailout was hatched out, Blankfein was in the middle of it, egging on Goldman cronies Hank Paulson and Neel Kashkari, and ensuring his bank’s access to a lifeline of taxpayer liquidity..."

  • Mar 18, 2018 1:22 PM
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US Ends Formal Economic Talks With China Ahead Of Trade Wars

"The administration is disappointed with China and because there wasn’t a path back toward a market orientation, I discontinued the China economic dialogue,"said the Treasury’s undersecretary for international affairs, David Malpass.

  • Mar 18, 2018 12:24 PM
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