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Inequality, Social Chaos, Bankruptcy Rallies: The Best Insights From FinTwit June 2020

From the "Robinhood Rally" to the most profit-disconnected stock market in history, these are the most interesting ideas from FinTwit last month.

(Morning Brew/Unsplash)
(Morning Brew/Unsplash)

From the "Robinhood Rally" to the most profit-disconnected stock market in history, these are the most interesting ideas from FinTwit last month.

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For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, iHeartRadio or RSS.

This episode is sponsored by Bitstamp and Crypto.com.

Today on the Brief:

  • Slight good news in new and continuing jobless claims
  • Record corporate equity and debt sales during the crisis
  • USDC freezes $100K

Introducing the FinTwit Macro Media Index:

The Macro Media Index is a monthly summary of the best macroeconomic tweets, essays, podcast and videos from FinTwit.

In this inaugural edition, NLW looks at a few key themes:

  • The disconnect between the market and the real economy
  • The role of the Federal Reserve and monetary policy in growing wealth inequality and social unrest
  • The Robinhood Rally and bankruptcy bet that took institutional investors by complete surprise
  • The great inflation vs. deflation debate

Featuring insight from previous Breakdown guests including Luke Gromen, Lyn Alden, Jesse Felder, Preston Pysh and more.

For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, iHeartRadio or RSS.

Note: The views expressed in this column are those of the author and do not necessarily reflect those of CoinDesk, Inc. or its owners and affiliates.

Nathaniel Whittemore

NLW is an independent strategy and communications consultant for leading crypto companies as well as host of The Breakdown – the fastest-growing podcast in crypto. Whittemore has been a VC with Learn Capital, was on the founding team of Change.org, and founded a program design center at his alma mater Northwestern University that helped inspire the largest donation in the school’s history.

Nathaniel Whittemore