Dispatch #22 – 2021 July 9th, 2021 I hope everyone enjoyed a relaxing Independence Day weekend. The Dispatch was in South Florida and got a glimpse of a property market even hotter than the DC suburbs. The continued strength of residential real estate goes against the long-term trends of lackluster median income growth and high […]
Bitcoin absorbs China’s “crypto crackdown” body-blow
Dispatch #21 -2021 July 2nd, 2021 This week, the Dispatch will focus on China’s “crypto ban” body-blow that Bitcoin absorbed, and how it kept on chugging. China’s “crypto crackdown,” which included stopping bitcoin mining ahead of the Communist Party’s 100th anniversary celebrations, was a significant stress test of the Bitcoin network. Despite a more than […]
Fed start talking about thinking about tapering!
Dispatch #20 -2021 June 18th, 2021 This week, the Fed disclosed that their rate expectations have risen to 0.60% by the end of 2023 from near zero previously. This caught some markets by surprise and could well be a dress rehearsal of market action if the Fed brings forward rate hikes. In the short-term, bonds […]
Bitcoin ransom recovery, legal tender in El Salvador & Bitcoin is truly decentralized
Dispatch #19 -2021 June 11th, 2021 This week the Dispatch will dive deep into three stories, as they are nuanced subjects that require a thorough analysis. We start with the Colonial Pipeline bitcoin ransom payment and recovery, which saw the narrative flip quickly: It went from Bitcoin enables malicious actors to the Bitcoin blockchain is […]
Fed tapering QE, India okays crypto & Stablecoins mature
Dispatch #18 -2021 June 4th, 2021 The Dispatch starts this week by evaluating Fed tapering QE, which will slow the pace of money creation. Markets have been anticipating Fed taper, but the announcement this week may be too small to be picked up broadly. Nevertheless, it is an important inflection point and a trend reversal […]