US housing market should cool, due to spiking mortgage rates, but a 2008 type collapse is unlikely. The mortgage market has remained resolutely fixed rate during the current bull market, which underpins our sanguine outlook. Yes, there are signs of excess, but there’s no risk of monthly payment ballooning considering that variable rate funding is […]
CryptoPunks
Ethereum blockchain split highlights technology risk
Dispatch #28 – 2021 September 3rd, 2021 Hope everyone is enjoying the last few weeks of summer. The weather on the East Coast is particularly nice this weekend, even if some areas are recovering from Ida’s aftermath. The lead story is the Ethereum blockchain split a week ago, but it’s been lightly discussed because […]