2021, what a year! There is lots to be grateful for, in life, work and markets. Lots of lessons learnt too. In the past week I took some time to reflect on last years predictions, digest the learnings and contextualize where we are ahead of what will likely be another whirlwind year. Forecasts can be … More SM (ed. 18) Annual Review and Outlook
The traditional macro world took some steam out of bitcoin in November. Crypto investors may have shifted capital away from trad-fi, but trad-fi liquidity flows will remain critical in the months ahead. A stronger USD and flatter yield curve tell a cautionary tail as we edge deeper into the bitcoin bull-market. TLDR: Bitcoin fundamentals remain … More SM Market Review (Nov 2021): Macro headwinds build
Dear family, friends, colleagues and associates, The world is pretty dystopian in 2020. Record high unemployment yet record high equity markets in the US. Daily protests; some about starvation, some about the right to walk one’s dog. Fox News, CNN, SABC, E-TV, twitter or Facebook, which one is fake news? We’re up to our eyeballs … More Price Macro Monthly | Welcome
Dear family, friends, colleagues and associates, The world is pretty dystopian in 2020. Record high unemployment yet record high equity markets in the US. Daily protests; some about starvation, some about the right to walk one’s dog. Fox News, CNN, SABC, E-TV, twitter or Facebook, which one is fake news? We’re up to our eyeballs … More Sound Money Monthly | Welcome
I love bitcoin and believe that everyone should understand the reasons for growing interest in the revolutionary technology, if not own a piece of the ledger. I’m always looking for analogies to share the concepts with friends and family. When thinking about investing in bitcoin, I like to use venture capital as an example of … More Bitcoin is Venture Capital
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