Page 41 - Peter Tchir News Today

4 Reasons to Keep Avoiding Bitcoin...TSLA

Janet Yellen Panics the Market Like a squall out of a clear sky… Janet Yellen sent investors under the awnings Tuesday: “It may be that interest rates will have to rise somewhat to make sure that our economy doesn’t overheat.” In reminder: Falling rates generally equal rising stocks. Rising rates generally equal falling stocks. Ms. Yellen’s rains gave the Nasdaq a quick 300-point drenching. That is because many technology stocks are “growth” stocks. These stocks have grown the sto...

Inflation Is Not Transitory To get inflation fears, all we really need is a bunch of these subjects to hit the headlines. May 03, 2021 | 01:00 PM EDT Picking a fight with both Janet Yellen and Jerome Powell, who are arguing that inflation is transitory and easily contained, is not a great way to start the week, but I feel obligated to tryBefore running through why I think they are wrong, it is important to remember that they have a vested interest in spinning that narrativeThey ...

Trading the Fed Apr 27, 2021 | 10:00 AM EDT On Wednesday, we have the conclusion of another FOMC meeting, culminating in the post-decision press conference with Chair Jerome PowellWe expect several themes to emerge: 1. Inflation With commodity prices soaring, led by lumber, there will be a lot of questions about inflationShipping costs are also very high as the Baltic Dry Index (one measure... Read the full story and get access to the Real Money Pro trading floor. ...

Of course, the market hit new highs in January and February, but this, time its different. Previous new highs in January and February were greeted with some hand-wringing: it was mostly big-cap tech stocks that were forcing the markets higher. Not this time. The rally has broadened out, big-time. Far more stocks are advancing than declining. Nearly one-fourth of the stocks in the S&P 500 and the NYSE Composite Index are at new highs. Recently, laggard groups like utilities, health care, and REI...

Bye Bye Bitcoin? Thursdays actions by the U.S. on Russia highlight how crypto makes it much easier for despots to avoid the impact of sanctions. Stocks quotes in this article: COIN This past weekends price action is crazy, even by crypto standardsLast week stocks were driven by lower Treasury yieldsThat was overdone, in my opinion, and we will see a pullback in Treasuries and stocksBut crypto is the more important storyBitcoin, which reached almost $6...

China’s Holdings of Treasuries Hit Highest Since July 2019 Bloomberg 2 hrs ago Liz Capo McCormick (Bloomberg) -- China’s holdings of U.S. Treasuries rose in February to the highest since mid-2019 as yields climbed thanks to prospects of more stimulus for an American economy increasingly recovering from the coronavirus pandemic. Popular Searches The Asian nation’s holdings -- the second-largest foreign holder behind Japan -- increased by $9 billion in Feb. to $1.1 trillio...

Bitcoin rose to a new record on Tuesday, with the cryptocurrency lurching higher in European hours.

Let's see what could turn a 'boom' into a 'pop.'

The Simplify Credit Hedge ETF (CDX) is designed to pay off when turmoil hits credit markets. Katie Greifeld | Mar 12, 2021   (Bloomberg) -- Making cash in the world of credit insurance typically involves a special license and strategies that cost millions of dollars to run. Rates expert Harley Bassman wants to do it in a low-cost exchange-traded fund. Bassman, who created the MOVE Index to track Treasury volatility, is co-manager for the Simplify Credit Hedge ETF (ticker CDX), a proposed...