Caitlin Long

GOOD READ from Doug Noland 🧐💡—expectations for disinflation now but major shift already underway in the way the Fed’s balance sheet works👇

INTERESTING🧐 from @hussmanjp on whether the Fed's new #BTFP program is even legal (from his terrific post here -- worth the read in its entirety:

BEST LINE from @balajis podcast w/ @APompliano: “The Fed lied, banks died.” Pomp—you asked Balaji if he’s seeing a lot of #tradfi people moving to #bitcoin — he said yes. I’m seeing it too. Anecdotally my LinkedIn is out of control (mostly tradfi). They know something is wrong

Interesting read: 👇🧐

WORTH A READ for the financial market history, all of which I’ve also lived. I don’t agree with everything Doug writes here, but his post zooms out — it will make you think (and make you smarter). His point about derivatives is esp worth reading: 👀🤔

CURIOUS WHY the bond mkt predicts recession as US economic data runs hot? Good summary in this post—2s/10s inverted, long end of yield curve rallying, USD ⬆️ing... Big issues in the periphery (emerging mkts). Will it spread to the core??? #eurodollar 👀☕️

Related, here’s an interesting analysis of the Voyager bankruptcy filing from @propelforward:

A good thread from @AdamLevitin, whose paper on the topic sounded an early warning about bankruptcy treatment of unsecured creditors in #crypto intermediary bankruptcies.👇 #NotYourKeysNotYourCoins

🎯 ATTN TO EVERYONE WHO IS EXCITED ABOUT THE #bitcoin #ETF news -- this is a MUST listen. @RaoulGMI is spot-on💯. So is @LynAldenContact. I'm with them. Not every bitcoiner views this news as a positive, & for very good reasons. #notyourkeysnotyourcoins #HODL

WOW. @JeffSnider_AIP does great work on bond market plumbing. This is a must read.🧐 "Given what I just wrote, you probably don’t even have to look up what the #eurodollar futures curve is doing right now, and has been doing for months (since late March)."

Yep. Great book. Taught me a lot when I read it during the 2008 financial crisis

MUST READ! 🙏🙏🙏 to @starkness, @dickerson_des @roasbeef & @lightning "#Bitcoin is programmable money & #Lightning⚡️can help scale it to billions of people across the world."💯 "I love bear markets. It’s a great time to build. It’s less distracting.”💯