Dispatch #27 – 2021 August 20th, 2021 The focus story this week is the absolute and risk adjusted return enhancement from adding bitcoin to traditional 60:40 portfolios. We highlight the study by Econometric, a blockchain analysis firm, that illustrates the superior outcome over most historic time horizons if a portfolio added and kept a 5% […]
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Crypto arrives in Washington with the Infrastructure Bill
Dispatch #26 – 2021 August 13th, 2021 The crypto language inserted into the Infrastructure Bill takes top billing this week. This political bungle might become a big deal for US-based developers, but investors won’t notice any difference. A bipartisan group of Senators tried to strip out the potentially harmful language, but failed because of pork […]
Crypto tax refresher as regulatory scrutiny spikes
Dispatch #25 – 2021 July 30th, 2021 This is a holiday-shortened edition of the Dispatch that provides a mid-year tax refresher for US readers. The key message is that YOU are responsible for keeping track of the cost basis and calculating gains/losses. There’s rising bipartisan support to crack down on crypto tax avoidance and the […]
Tether reserve risks are serious & more stablecoin regulation is coming
Dispatch #24 – 2021 July 23rd, 2021 This week The Dispatch looks at the stablecoin market and the risks posed by a lack of reserve audit at Tether, the largest stablecoin. Additionally, there’s clear evidence of US authorities desire to impose additional oversight of stablecoins, which could well be a positive. It is ironic that […]
Rents Will Keep Core-Inflation High for Longer
Dispatch #23 – 2021 July 16th, 2021 This week’s Dispatch is going to focus on Inflation, to explain how rising rents will keep core-inflation high for longer. We’ll look at the composition of the CPI basket, what items are most heavily weighted and how price data is diverging from reality. Housing, the largest weight at […]