Frontrunning: May 15

  • Gazans bury their dead after bloody day of protests (Reuters)
  • U.S. Embassy Move, Bloodshed Add to Friction With Allies (WSJ)
  • Britain calls for investigation into Gaza violence (Reuters)
  • China Data Shows a Hint of Slowdown While Factories Still Hum (BBG)
  • May 15, 2018 8:18 AM
  • 6

Jeff Gundlach: "The Situation Is Set To Explode In 2019"

The deficit combined with with the Fed’s balance sheet roll-off, will mean $2–$3 trillion in new Treasury issuance. Gundlach thinks this "situation is set to explode in 2019" and also sees net tightening starting next year, adding that the market is starting to realize it.

  • Mar 9, 2018 2:32 PM
  • 41

Self-Proclaimed Bitcoin Inventor Craig Wright Sued For $5 Billion

In documents which surfaced on Reddit, the plaintiff claims that Wright stole hundreds of thousands of BTC, worth over $5 billion dollars at today’s rate, from David Kleiman’s estate. The plaintiffs allege that Wright recognized that Kleiman’s friends and family were initially unaware of the wealth he accumulated.

  • Feb 27, 2018 9:10 AM
  • 84