The Treasury Payment System Elon Musk Now Has Access To
Elon Musk and his Department of Government Efficiency (DOGE) have gained access to a unit within the Treasury Department called the Bureau of Fiscal Service. But what does this unit actually do? How c...
5 Helmi 202528min
The Tariff Announcement That Shocked Financial Markets
Over the weekend, President Trump announced that he was following through with his plan for aggressive tariffs. Imports from Canada and Mexico will now be hit with a 25% tariff, while China will get a...
3 Helmi 202521min
Marko Kolanovic Is Back With a Warning for Stocks
Marko Kolanovic was one of the biggest names in markets, earning the nickname 'Gandalf' for some eerily prescient calls over the years. But last July he left his role as JPMorgan's chief global market...
3 Helmi 202548min
Lots More with Matt Levine on MicroStrategy's Infinite Money Machine
Everyone knows by now that MicroStrategy looks a lot like a giant Bitcoin ETF. Its founder, Michael Saylor, is a huge supporter of the cryptocurrency and his company has been snapping up billions of d...
31 Tammi 202514min
Get Ready For Another Shock to Housing Affordability
One of the primary drivers of elevated inflation — and the high cost of living in general — is the price of shelter. Whether you're buying or renting, housing is very expensive. Thankfully, over the l...
30 Tammi 202535min
The AI Model That Tanked the Stock Market
On Monday, the stock market tanked, seemingly in reaction to the emergence of DeepSeek, an open source AI model developed in China. Nvidia, the semiconductor giant that has been the largest winner of ...
28 Tammi 202521min
How Oaktree's Howard Marks Spots a Market Bubble
The run-up in Big Tech stocks and all the hype over AI has put a bunch of investors on "bubble watch." One of those is Howard Marks, the co-founder and co-chair of Oaktree Capital Management. Howard i...
27 Tammi 202553min
Why the Stock Market Might Be at Peak Concentration Risk
There's a lot of talk right now about concentration risk in US equities. For instance, the top 10 stocks in the S&P 500 currently account for 38% of the total index, compared to just 17.5% a decade ag...
24 Tammi 202536min
