Charts of the Week
Bitcoin ‘Hodlers’
September 3, 2021
The proportion of bitcoin supply that has been in the same wallet for at least three years continues to increase, pointing to growing conviction among the long-term crowd.
The proportion of bitcoin supply that has been in the same wallet for at least three years continues to increase, pointing to growing conviction among the long-term crowd.
An update of the world of negative-yielding debt
A long-term look at yearly farm numbers in the United States
Some interesting charts from our recent posts
Jim Bianco: Citi has monthly inflation surprise indices. Since today is the first they updated the August data. The data only goes back to 2009. This chart shows how “flat-footed” the economic community was when it comes to predicting inflation. But don’t worry, just keep repeating transitory over and over and over until it goes away. The… Continue reading Bespoke Commentary from Bianco Research and Arbor Data Science – September 2nd, 2021
NFT summer is changing the landscape in cryptoland.
Today's topics include previewing payrolls, rising rents & inflation, separating the taper from rate hikes, assessing the post-pandemic labor force, wage dynamics, inflation targeting, Gamestop in the S&P 500?, Bill Gross sees higher yields, checking in on home prices, the SEC vs. Citadel & Virtu, testing CBDCs, a pullback in ECB largesse?, and Social Security going broke sooner.
Jim Bianco: ADP was a huge miss. The estimate was 625k (median) with a range of 400k to 850k, 34 economists offered guesses. The actual result was 374k, below the lowest guess. Warning! ADP has not been a good indicator of non-farm payrolls out two days after. Ben Breitholtz: ISM prices paid slid to 79.4. Remember… Continue reading Bespoke Commentary from Bianco Research and Arbor Data Science – September 1st, 2021
U.S. stocks have handily outperformed world stocks since the prior to the pandemic, but the trend has accelerated in the past few months.
Today's topics include ADP's miss, thinking about work-life, commenting on business travel, more former central bankers weigh-in, getting clues from hotels, debt ceiling debate coming into focus, seizing EM opportunities, unemployment benefits' effect on job growth, and social security costs will exceed income shortly