News with the tag "The Breakdown"

This week’s market action seems to suggest that even a 10x increase in tariff rates won’t derail the US economy

Could we stop using BTC to amplify our short-term risks — and start using it to hedge our long-term ones?

This is a segment from the Blockworks Daily newsletter. To read full editions, subscribe . “The counterfeit of business is speculation. A man in business always gives value in return for his revenue, and thus performs a useful function.” — Andrew Carnegie When asked about the competitive threat pose...

This is a segment from the Blockworks Daily newsletter. To read full editions, subscribe . Have markets been obsessing over the wrong Minsky? After Liberation Day, we seemed to be headed for a “Minsky moment” in which global investors suddenly lose faith in the US dollar, triggering the kind of mark...

This is a segment from the Blockworks Daily newsletter. To read full editions, subscribe . “Capital runs as surely and instantly where it is most wanted, and where there is most to be made of it, as water runs to find its level.” — Walter Bagehot (1873) Q: What’s it cost to have dinner with the pres...