Bernstein Says Bitcoin Market Already Priced In Quantum Risk
Bernstein says Bitcoin’s selloff already reflects quantum risk and that developers still have time to agree on a post-quantum upgrade path...
Bernstein says Bitcoin’s selloff already reflects quantum risk and that developers still have time to agree on a post-quantum upgrade path...
The average effective tax rate on single-family residences was 0.9 percent, the highest since 2020, according to ATTOM.
The location of US ships around Iran as of Monday...
"without a radical acceleration in domestic manufacturing and grid integration, the digital expansion of the late 2020s risks stalling into a series of unfulfilled promises."
...for all of the reasonable handwringing around geopolitical Plinko and AI disruption... US initial jobless claims sit near multi-year lows...
The Fifth U.S. Circuit Court of Appeals ruled on April 10 that a Reconstruction-era prohibition on home distilling exceeds Congress’s taxing power...
The rewiring of global energy flows toward the U.S. comes down to one thing.
...the scramble for prompt barrels is worsening even as paper markets lean on eventual normalization.
"we are not supporting the blockade"...
When it comes to the week ahead, clearly the Iran conflict will be the main focus, but there are a few other things to look out on the calendar.
April – 2026. The IRGC is master of the Strait of Hormuz. Only the American fleet stands before them. Oceans are now battlefields...
...second biggest drop in existing home sales since Nov 2022
...the risk-off move last night are a good reminder that this is still a fragile re-risking phase, not a straight line move higher...
Congress’s No. 1 priority will be to find a way forward on DHS funding... though at present, a compromise still seems distant...
An otherwise stellar quarter for Goldman was marred by unexpectedly poor performance from the bank's FICC group.
"The SFPD takes crimes involving guns extremely seriously..."
...the blockade meaningfully raises the stakes
