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 […]
Market Updates
Elevated equity inflows and bitcoin price update
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 […]