Economy


Markets

How Monetary Policy Undermined American Resilience

A legacy of artificially low interest rates is not just the death of savings, but a forced buying into the perpetual growth machine of financial asset prices.

(Ja_inter/Getty Images)

Markets

First Mover: DeFi 'Vampire' SushiSwap Sucks $800M from Uniswap; BitMEX Basis Lags

SushiSwap, the "vampire mining" protocol, sucked more than $800 million from rival Uniswap in the latest DeFi mind-bender. PLUS: BitMEX futures distortions.

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Markets

‘Absolute Raging Mania’: Famed Investor Druckenmiller Thinks 10% Inflation Is Possible

The Hedge Fund legend says in a new interview the Federal Reserve’s policies have created a massive asset bubble while making both inflation and deflation more likely.

(Neilson Barnard/Getty Images)

Policy

Banks Are Toast but Crypto Has Lost Its Soul

In becoming a high-risk, high-yield playground for dollar investors, the cryptocurrency world sold out, says our columnist.

(Oli Scarff/Getty Images)

Markets

First Mover: Buying Bitcoin's Dip, Betting Against Tether and Weighing the Jobs Report

Crypto traders appeared to be buying the dip after Thursday's 11% plunge. ALSO: There's a contract for that: How to hedge Tether's credit risk.

There's now a credit-default swap contract on Tether, allowing traders to bet on the credit risk inherent in the dollar-linked stablecoin. (Thomas Rowlandson/Metropolitan Museum of Art, modified by CoinDesk)

Markets

People Aren’t Buying the ‘Great American Recovery’ Narrative

Despite the stock market returning to all-time highs, many can’t shake the feeling that all is not well in the economy.

(Luke Stackpoole/Unsplash)

Markets

‘It Sure Doesn’t Feel Like the Greatest Economy of All Time,’ Feat. George Gammon

The host of the rapidly growing Rebel Capitalist podcast joins to talk macro, inflation and the almighty battle for ideas.

(Fran Hogan/Unsplash)

Markets

Welcome to the Groundhog Day Economy (PS, It Sucks)

As states shutter economic activity because of preventable COVID-19 outbreaks, it’s deja vu all over again.

(Danny Wage/Unsplash)

Markets

6 Things Jobless Claims Tell Us About the State of the Real Economy

Persistent unemployment and fears of further layoffs are the real economic counterpoint to the financial market’s unbridled enthusiasm.

(studiostoks/Shutterstock)

Markets

Why Debt Can’t Buy More Growth, Feat. Jeff Booth

A conversation with the “Price of Tomorrow” author on the key structural challenge looming over the global economy.

Credit: Gwoeii/Shutterstock.com