JP Morgan launches Bitcoin Fund for rich clients after years of bashing cryptos

JP Morgan launches Bitcoin Fund for rich clients after years of bashing cryptos

Ever since JP Morgan CEO Jamie Dimon first denounced bitcoin way back during the heady crypto-rally of 2017 (shortly before analysts revealed that JP Morgan’s asset-management arm was seemingly buying the dip on behalf of its wealthy clients via a...
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Market Cap Of Money-Losing Companies Surpasses Dot Com Bubble Record

Market Cap Of Money-Losing Companies Surpasses Dot Com Bubble Record

In a recent note from SocGen’s Andrew Lapthorne, the cross-asset strategist summarizes the ongoing market insanity delightfully, saying that “there is an increasingly large number of weird and wonderful signs of market excess, from surging crypto c...
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Earth Day 2021 – Restore Our Earth

Earth Day 2021 – Restore Our Earth

Every year on April 22, Earth Day marks the anniversary of the birth of the modern environmental movement in 1970. Let’s take a look at the last half-century of mobilization for action: ORIGINS OF EARTH DAY Earth Day 1970 gave...
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WHO rejects COVID passport schemes

WHO rejects COVID passport schemes

The World Health Organization (WHO) has staunchly rejected the use of Covid passports to reopen travel in a meeting of its emergency committee, over concerns that vaccinations alone won’t prevent the transmission of the virus. Reiterating their previously st...
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IMF Introduces World Currency

IMF Introduces World Currency

It is no joke, something big happened last week. The IMF is going to give out loans in SDR. Special Drawing Rights are IMF’s currency. By itself, they’re nothing special, but the IMF has always lent in U.S. Dollars. That they are...
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