Dispatch #9 – 19th March, 2021 The Dispatch is out earlier than usual as it’ll be on holiday next week and won’t publish until my return. Top news this week is the Morgan Stanley announcement that wealth management (WM) clients can invest in bitcoin via three funds. This will most likely lead to the rest […]
Archives for March 2021
Aker invests in bitcoin, energy use, NFTs, Investing in sneakers!
Dispatch #8 – 15th March, 2021 The top story this week is Norway’s Aker Group investing in bitcoin. Equity markets this week showed that they can absorb a gradual rise in yields. The 10-year yield rose modestly from 1.6% to 1.63% yet the NASDAQ rallied ~ 5% this week. So, what could change from here? […]
Why yields rise, Wall Street bitcoin adoption & bitcoin skeptics.
Dispatch #7 – 5 March, 20201 I was hoping to write about something other than yields this week, but the issue isn’t going away quietly! If yields rise, it is likely to dominate all asset markets, with the US$ rising along with higher US yields and risks markets selling off. Equity markets did rally on […]
Dispatch #6 – Bond yields rise, bitcoin decouples, Tether settles….
The rising bond yield-led selloff in many assets was the dominant theme this week (ended Feb 26th). Investors don’t like when both safe treasuries and stocks sell off together, which is what we had experienced for much of the week. It was equally interesting that bitcoin was quite stable on Thursday when stocks markets had […]