This week, we’ve started to see the price of passive ETF investing. A rising number of ETFs have funneling money into the same large cap tech stocks leading to elevated valuations. These flows are now reversing and we are discovering the inherent problem of ETFs aiming to trade near the market close. ETFs promise to […]
NFTs
Social Security Insolvency is Looming
Dispatch #29 – 2021 September 10th, 2021 Looming Social Security insolvency, highlighted in the 2021 Trustees Report, is the lead story this week. The retirement Trust Fund (called old-age insurance) is set to run out in 2033 and the Medicare Trust Fund will be empty even earlier in 2026. How’s that for just around the […]
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 […]
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? […]