...it is of the utmost importance to wrest the money monopoly out of the hands of the state. Otherwise, there is indeed little hope that the free society (or what little is left of it) can survive...
The juxtaposition of lower yields and higher stocks can be chalked up to the market’s faith that the Fed will not hesitate to offer additional accommodation in aggressive fashion.
Senior editor, Ash Bennington, joins managing editor, Ed Harrison, to talk about the risk of an equity drawdown for retail investors in particular. Ed and Ash…
"a few large hedge funds understood this and have added fuel to the fire by pushing implied higher and higher and putting further pressure on the likes of Citadel and Goldman."
The real world has been severed from the minds and wallets of the elites for some time, at least since 2008, and arguably since Reagan in the early 1980s...
"While the overall outlook among contacts was modestly optimistic, a few Districts noted some pessimism. Continued uncertainty and volatility related to the pandemic was a theme echoed across the country."
For example, in the run-up to the war there would have been much op-ed tut-tutting about the slide into protectionism, and into currency wars, and the risk of a slide into socialism in the West – just as there is today about the same things.
...margin debt is the "gasoline" which drives markets higher as the leverage provides for the additional purchasing power of assets. However, "leverage" also works in reverse...
In his advisory role, Jordan is expected to offer DraftKings advice on strategy, product development and - most importantly - "diversity, equity and belonging"...