Did Smart Money Buy the Bitcoin Dip? What about Inflation?
Inflation is no longer “transitory”, said Sung Won Sohn, professor of finance and economics at Loyola Marymount University in Los Angeles.

Inflation is no longer “transitory”, said Sung Won Sohn, professor of finance and economics at Loyola Marymount University in Los Angeles.

Bubs Australia Ltd [ASX:BUB] share price was up a significant 30% at time of writing. Despite the big jump, the infant formula stock is still down 40% over the last 12 months.

On a mixed day of trading for the ASX, BrainChip Holdings (ASX:BRN) is embodying the volatility.The AI tech stock had a flat open before edging into the green. But by midafternoon, it swung back into the red before levelling out to a neutral spot, which is where it is currently.

Suppose Dimon’s onto something and intends to profit from worthless financial products for the non-penthouse plebs that believe in crypto.

‘Focus on renewables, electric vehicles, carbon capture and storage, hydrogen, and biofuels are the key technologies that will draw on our unique resources, capabilities, and connectivity to Asia.’

Investors need to be keenly aware that the world may well have changed after the pandemic, as it had after the First and Second World Wars. But that the end of a gigantic misallocation of capital is not a boom, but a bust.
By Nick Hubble,
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