Nassim Taleb: Bitcoin Is Like an “Open Ponzi”
Looking for a peak in bubblelicious market euphoria? Keep an eye on Bitcoin.
Entry of the Crusaders in Constantinople
Eugène Delacroix – 1840
The Highest-Valued Startups in the World
Both Stripe and SpaceX have leapfrogged Chinese company Didi Chuxing
Christopher Whalen: Banks Are Running Away from Consumers
Kicking the can down the road
US Equity Outperformance over Last Decade Is Historically Anomalous
Is US equity outperformance headed for a mean reversion?
Want to Boost Bank Lending Ratios? Raise the Fed Funds Rate
The end results may not lead to more bank lending, but it would force the trillions of dollars trapped idly in banks into the economy via some other channel
Myers Hausel Hay Trolley
Late 19th century American farming
Fueled by Stimulus Checks, U.S. Retail Sales Are Through the Roof
Biggest jump in history
Leland Miller: China’s First Quarter GDP Is Going to Be Massive
Stimulus checks hard at work
Chart: CPI Inflation After the Spanish Flu
The ultimate irony of post-modern monetary policy…