Trading Desk Notes for January 29, 2022

Reassessing The Fed = Market Mayhem On January 15, the lede for my TD Notes was: “Peak Fed Hawkish – Or Minsky Moment?” Since then, particularly since Wednesday’s Fed meeting, price action would tell you that we’ve had a “Minsky Moment” – that the Fed is a LONG way...

Wait, are NFTs the new Beanie Babies?

In early 2021 Amber Vittoria, a New York-based graphic designer and digital artist, first heard about nonfungible tokens (NFTs), or digital art tokenized on blockchain networks. She was smitten and by February she and her husband spent $33,331, the money they’d been...
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