Just saw someone describe crypto as 'Mary Kay for young men' and now I'm dying.
Tracy Alloway
24.7K posts
Tracy Alloway
@tracyalloway
Co-host of the Odd Lots podcast. I like financial crisis hindsight, spurious correlation and puppies. London ➡️ New York ➡️ Abu Dhabi ➡️ Hong Kong ➡️ New York
- I used to think that anyone who had a puppy must be in a permanent state of delirious happiness. Now that I have a puppy of my own, I realize I was right.
- Avocados have been a better store of value than Bitcoin during this rout.
- Weird that no one’s ever tried to spark a domestic manufacturing revival by destabilizing every single source of capital including private, public, domestic and international, before?
- For the first time in history, the entire U.S. Treasury curve is below 1%. bloomberg.com/news/articles/… by @StephenSpratt & @Ruth_Liew10
- The absence of true price discovery in an increasingly financialized economy and the subsequent failure of the private sector to allocate capital in a manner that is productive and useful for societies.
- Odds of Larry Summers saying he was right later this year: 100%Larry Summers: Odds of a recession "close to 50/50" trib.al/SSbsHXi
