Bitcoin wins again, the CFTC is still a ghost town, and college football opened a sportsbook
The CFTC chair is empty, the sportsbooks are full, and Bitcoin just keeps clocking in - maybe the decentralized thing had a point.
Permanent dispatch →Market Dispatch Archive
Recent AM/PM FF2K dispatches. The homepage shows the newest 5; this archive keeps the bigger trail without turning the front page into a storage unit with opinions.
Bitcoin wins again, China throws a tantrum, and your fantasy TEs are tier-listed to death
The market is running a fire drill with real fire, and Bitcoin just filed for permanent hall pass.
Permanent dispatch →Yields Up, Kiffin's In, and China Is Feeling Personally Attacked
The Fed says pain is prosperity, China says competition is oppression, and Lane Kiffin just walked into Baton Rouge - pick the one story that actually ends with fireworks.
Permanent dispatch →China Says Protectionism Bad, NFL Experts Say They Know The Future, Fed Says Yields Are Fine Actually
The Fed says yields are healthy, China says trade is fair, and a man in a spreadsheet knows who wins the Super Bowl - everyone is very confident and nobody is accountable.
Permanent dispatch →Yields Up, Clippers Down, and a QB Built Different
The economy is strong, the mountains are flooding, the Clippers got caught cheating, and a 5-foot-9 quarterback is about to walk into the Horseshoe - Wednesday is just built different.
Permanent dispatch →NFL Week 1, MLB crunch time, and markets doing market things on a Wednesday
Greg Abel says the yields are fine, the computer says Cincinnati wins, and Dell is apparently a lifestyle brand now. Wednesday.
Permanent dispatch →Rate Hikes, Bonus Bets, and the Eternal Hustle of September 1st
The Fed wants 2 percent inflation, prediction markets want 50-50 odds, and Coach Prime wants a national title - everybody's got dreams, nobody's got a plan.
Permanent dispatch →Messi Retires, Warsh Hints, and the Insurance Industrial Complex Eats Itself
Messi gave you a World Cup and a clean goodbye; the Fed gave you a maybe and a cluttered path - guess which one history remembers.
Permanent dispatch →Transfer Deadline Drama, Insurance Mergers, and Prediction Markets Going Global - Monday AM
Whether it is a transfer window or a boardroom, the last day before the deadline is just theater with better suits.
Permanent dispatch →Robots, Rate Speeches, and OBJ Still Trying - Your Week Preview
The robots are not built, the QB is not found, the Fed is not done talking, and OBJ is not retired - it is almost like nobody actually finishes anything anymore.
Permanent dispatch →Corn, Courts, and Coin Flips: Friday Chaos Served Hot
Two courts, one coin flip, and a corn shortage walk into Jackson Hole. The Fed buys the first round on credit.
Permanent dispatch →Jackson Hole, China Handshakes, and Fantasy Sleepers Walk Into a Bar
Everything today is one speech, one handshake, or one phone call away from chaos; Bitcoin's supply schedule does not care about any of it.
Permanent dispatch →Jackson Hole Bingo, Sticky Inflation, and Josh Jacobs Benching Himself
Inflation is sticky, policy is not restrictive, and the guy handing out preseason Rams picks and the guy watching the Fed both lose to the house - different costumes, same casino.
Permanent dispatch →Sticky Inflation, Chinese Chips, and NFL Cuts: Wednesday's Reality Check
The Fed thinks inflation is sticky; the NFL thinks loyalty is optional. Both are right, and neither is fixing it today.
Permanent dispatch →HP Hugs Huawei, Golf Wants Your Rent Money, and Freddy Peralta Is a Cautionary Tale
The rules exist until someone with a quarterly target decides they are more like suggestions.
Permanent dispatch →China's Playing Chess While DC Juggles Bowling Balls
Everyone's building a hedge except the people who actually need one.
Permanent dispatch →Dollar Dependency, AI Brain Drain, and Fantasy Football Season Starts Now
Whether it is China hedging the dollar or bankers outsourcing their thinking, the common thread is building elaborate workarounds for a dependency you refuse to admit is a problem.
Permanent dispatch →Yields Up, Brains Down, and Bitcoin Does Not Care
Yields are a narrative, Bitcoin is a number, and the market is finally learning the difference.
Permanent dispatch →Alibaba Bleeds, Bitcoin Shrugs, and Enes Kanter Gets Bounced Twice in One Week
Alibaba raised $10 billion to fund the future and lost $10 billion proving it - somewhere a Bitcoin maximalist is nodding so hard his neck hurts.
Permanent dispatch →Big banks go shopping, robots still useless, and the NFL is back (sort of)
The robots are losing to humans, the banks are eating each other, and the NFL's most important game this week is being played by guys who might be in the XFL by October.
Permanent dispatch →