$GBTC
Weekly Points – January 19th, 2024 – 5 Things to Know in Investing This Week – The More Inconsistent Data Issue
Like last week, we’re seeing more inconsistent data. The retail sales number indicates a strong economy and a “higher for longer” Federal Reserve. The new manufacturing data indicates a weakening economy and a “pivot now” Fed. The most likely result is the Fed doing nothing for now. Taiwan Semiconductor ($TSM) guidance moves the market. And … Read more
Weekly Points – January 12th, 2024 – 5 Things to Know in Investing This Week – The Bitcoin ETF Issue
After years of dragging its feet and losing an important Court case, the SEC finally approved 11 Bitcoin ETFs. Along the way, it managed to accidentally pre-announce the approvals three different ways, then withdrew all of them. Finally, the head of the SEC made it clear he disagreed with the decision of his own agency … Read more
