Bank of America’s economists pull together some insights from Fed Chair Powell’s appearance on 60 Minutes this weekend. I thought this was the most interesting insight: Most Fed officials in recent years have endorsed an “asymmetric risk management” approach to potential asset “bubbles”: if bubbles are hard to identify and manage then allow them play […]
Hot chart: Top 500 US stocks added $2 trillion in market cap so far this year
via Finbold: Source: Top 500 U.S. companies add $2 trillion in market value amid a pandemic (Finbold)
Getting your money back from NBA TopShot with me and Jason Concepcion
new ALL CAPS NBA •THE TRUTH HAS SET HIM FREE🤳•POKU—GOTTA ASK EM ALL 🎒•@ReformedBroker ON TOPSHOT 💸 AND MORE FULL EPISODE: https://t.co/fkmmUzcXjV pic.twitter.com/X0h7e4klBc — jason c. (@netw3rk) April 9, 2021 This was a fun one – Jason Concepcion is hilarious and covers all things NBA like no one else. If you haven’t seen his show […]
Why Direct Indexing is the New Killer App for Advisors
Michael Batnick says he knew from the start that direct indexing was going to transform his firm, New York City-based Ritholtz Wealth Management, where he is director of research. When CEO Josh Brown “and I saw this, I said to him, ‘The next billion dollars that we raise is going to be in this thing.’ […]
Slippin’
[embedded content] Rest in peace Earl Simmons 😢
Costs
Peter Boockvar on commodity prices… Here’s an update on commodity prices. The CRB raw industrials index closed yesterday at just under a 10 year high. The CRB food index closed at an 8 year high. CRB Raw Industrials Index CRB Food Price Index Josh here – Inflation protection is on everyone’s minds right now. It’s […]
Why Copper is Crushing Gold
Watch above and make sure you’re subscribed to the channel 🙂 Check out more from JC Parets at AllStarCharts.com http://go.ycharts.com/compound Standard disclaimer
Jamie Dimon: Dear Shareholder
As a long-term shareholder (and customer) of JPMorgan Chase, I never missed Jamie Dimon’s annual letter. I wrote about fintech disrupting banks this week, you can read it here. Jamie covers this idea at length in his letter… Dear Fellow Shareholders, 2020 was an extraordinary year by any measure. It was a year of a […]
Buyers of the Lost ARKK
[embedded content] Subscribe! Join Downtown Josh Brown and Michael Batnick for another round of What Are Your Thoughts? On this week’s episode, Josh and Michael discuss the biggest topics in investing and finance, including: ►Instagram Is Facebook – What if Instagram financials were broken out or a spinoff was attempted? ►Too Much Supply – About […]
Niall Ferguson on China’s digital currency ambitions
This was a very important piece from a very good writer and thinker on the topic of money. Please make 15 minutes for this today. Don’t Let China Mint the Money of the Future (Bloomberg)