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? […]
Why yields rise, Wall Street bitcoin adoption & bitcoin skeptics.
Dispatch #7 – 5 March, 20201 I was hoping to write about something other than yields this week, but the issue isn’t going away quietly! If yields rise, it is likely to dominate all asset markets, with the US$ rising along with higher US yields and risks markets selling off. Equity markets did rally on […]