Insights
Opinion, Analysis, and Custom Research designed to deliver alpha to the DailyAlts community of readers and analysts.
Top Story
Crypto-assets appear in a revived and refreshed bull market, the analyst writes. Senior Bloomberg Commodity Analyst Mike McGlone weighs in with a very bullish prognosis for crypto-assets in the September edition of Bloomberg’s Crypto Outlook 2021. Considering cryptos such as bitcoin and ethereum are lifting off in the second half of the year from levels…
Get Daily Updates
Subscribe to DailyAlts Today to get Alternative Investment news, insight, and commentary delivered straight to your inbox every day.
More Stories on Insights
The DailyAlts Playbook: Limit Down, Bill De Blasio’s Economic Ignorance, and Scott Minerd on the Market
We start today where we left on Thursday night. Friday was a dead cat bounce, and we’re back to limit down. The Dow Jones projected a 1,041 point loss in premarket hours after futures hit “limit down.” The downturn came despite news that the Federal Reserve slashed interest rates to zero and introduced a quantitative easing program that is worth $700 billion.
The DailyAlts Playbook: Buffett Plays to an Empty Room, Disney is Going to Be Quiet, and China’s Latest Lies
THE DAILYALTS PLAYBOOK March 13, 2020 Today, the DailyAlts Playbook talks about Buffett Playing to an Empty Room, Disney’s Quiet Period, and China’s Latest Lies. PRIME OVERVIEW Good morning: We start today where we left last night. I was up until around 1 a.m. watching the Futures market tank yet again with the Dow off…
Digital Assets: Industry Funding for Digital Asset Data Providers Surpasses $110 Million
A global study was conducted by Outlier Ventures and DIA of 42 digital asset market data vendors globally. These vendors handle data for daily trading volumes exceeding US$100 billion. This newly emerging market of digital asset data providers is growing fast, the study found.
DailyAlts Playbook: Bond Downgrades, the ETF bomb, Bitcoin’s Bust, Blackstone’s Credit Lines, and Oil Slumps.
Today, the DailyAlts Playbook talks about Bond Downgrades, the ETF bomb, Bitcoin’s Bust, Blackstone’s Credit Lines, and Oil Slumps.
The DailyAlts Playbook: Coronavirus Stimulus, Biblical Warnings, Vertical Hedge Fund Neighborhoods, and Why Kyle Bass is Sitting on the Sidelines Right Now.
Today, the DailyAlts Playbook talks about Coronavirus Stimulus, Biblical Warnings, Vertical Hedge Fund Neighborhoods, and Why Kyle Bass is Sitting on the Sidelines Right Now.
DailyAlts Playbook: NBC News’ Remarkable Debt Coverage, Corona CAPE Shiller, and Why Just Six States Will Decide This Election
Goldman Sachs had a call on Monday that features health and economic experts on the state of the Coronavirus outbreak. The call indicated that China is no longer the driving force behind the spread of the virus. China is getting back to business – that’s evident with solid resumption rates in its National Grain Processing and Railway Cargo Loading. That said, its national logistics are still sitting at just 60%. Auto traffic remains low in major cities, And passengers are still avoiding intra-city transport. Finally, its property transaction market has slowed to a crawl.
The DailyAlts Playbook: Why it’s Time to Ditch T-Mobile, Berkshire’s Delta Buy, a Bearish Bill Ackman, and the Global Response to Coronavirus.
THE DAILYALTS PLAYBOOK March 5, 2020 Today, the DailyAlts Playbook talks about why it’s Time to Ditch T-Mobile, Berkshire’s Delta Buy, a Bearish Bill Ackman, and the Global Response to Coronavirus. PRIME OVERVIEW Apologies again for the later delivery this morning. The new T-Mobile update has been a disaster. It deletes calendars. It installs games…
The DailyAlts Playbook: Super “Biden” Tuesday, Roaming Chickens, Fed “Fear”, and Why It Takes Zero Millennials to Change a Light Bulb
We start Wednesday with Super Tuesday. Uncle Joe Biden has completed a stunning consolidation of support across the Democratic party and stopped the momentum of Senator Bernie Sanders. An NBC News poll shows that Biden won across the South in Virginia, North Caroline, and Arkansas. This would give him a lead in the delegate count. It also appears that he won in Massachusetts, Texas, Maine, and Minnesota. And although it appears that Sanders will win California, Biden came in second place and will be viable in that state (as in he will receive delegates).
The DailyAlts Playbook: Biden’s History Lesson, Trump Trolls in Carolina, Interest Rate Cuts, and Activist ESG Campaigns.
This morning, markets continue their rebound from last week’s brutal selloff. However, this appears to be a “technical” bounce back driven heavily by futures trading. It’s clear from the data that not many believe last week to be the last of the selloff. Markets anticipate an aggressive response to coronavirus by central banks around the globe. President Donald Trump has reportedly asked the Fed for a large cut in the wake of Australia’s 25-basis point cut on Tuesday.
The DailyAlts Playbook: Tom Steyer’s Suspension, the ECB’s Self-Plagiarism, and Tough Times for Masayoshi Son.
The DailyAlts Playbook talks about Tom Steyer’s Suspension, the ECB’s Self-Plagiarism, and Tough Times for Masayoshi Son.
DailyAlts Playbook: ESG Bubbles, Sharp CEF Discounts, Brexit Demands, and Bill Ackman’s Bullish Views on Burritos.
The DailyAlts Playbook talks about ESG Bubbles, Sharp CEF Discounts, Brexit Demands, and Bill Ackman’s Bullish Views on Burritos. The Dow Jones projects another triple-digit loss as the worst selloff since the 2008 financial crisis continues. The 10-year Treasury bond collapsed under 1.2% as investors pour into any available yield they can find. Former Fed governor Kevin Warsh predicted this morning that central banks around the world will engage in a coordinate effort to respond to the coronavirus outbreak.
DailyAlts Playbook: Mike Pence’s Battle to Save the World, Climate Investment, ESG Naysayers, and “The Activists.”
We start today with the first U.S. coronavirus case of an unknown origin. The CDC is not aware of how a person in Northern California obtained the virus. However, they are now concerned about “community spread.” Last night, President Donald Trump attempted to ease concerns about the spread of the virus and said that the risk to Americans is still “very low.”
The DailyAlts Playbook: The South Carolina Debate Clown Car, Coronavirus Fears, Trump’s Market Woes, and Mike Bloomberg’s Naked Cowboy
We start on Wall Street, where the stock futures aren’t pointing toward any significant recovery. We just experienced the worst two-day performance in four years as investors sound the alarm over coronavirus. This morning, Greece confirmed its first case, while France reported its second death. Royal Carribean (NYSE: RCL) has canceled 30 cruises in Southeast Asia. And a top U.S. health official has suggested that a global pandemic is likely. This isn’t slowing down. Despite a 1,800-point slide in two days, there’s little reason to expect a massive bounceback.
Alts and Financial Education: Industry Group, Financial Writers Society Announces 2020 Board of Directors
The Financial Writers Society has named its 2020 Board of Directors. FWS is a tax-exempt trade association open to those with an interest in financial writing. Its members include reporters, editors, financial authors, bloggers, content developers, and aspiring writers. The organization specializes in all things finance, from Wall Street, banking and personal finance to fintech and cryptocurrency.
The DailyAlts Playbook: Buffett’s Crypto Snub, Why the Selling Stopped, Who’s Shorting Airlines, and the Odds of Another Rate Cut.
We start today in Asia, where the road to recovery from Monday’s massive selloff begins. Although the Nikkei lost 3.3% in overnight trading, Chinese markets were largely flat. The Dow is rebounding slightly this morning.
The 100-point gain in premarket hours comes a day after the Dow shed 1,000 points over growing coronavirus concerns. In recent days, we’ve seen a rising number of cases in Italy, Iran, and South Korea.
It was the worst single-day drop for the Dow in two years.
Reality appears to be sinking in. The spread is going to have a significant impact on global GDP. Mastercard (NYSE: MA) and United Airlines (NASDAQ: UAL) warned that they’ll both take a hit as a result of the spread. Also, we’ve seen cuts in global growth forecasts at banks like Goldman and watchdogs like the IMF. Finally, Oxford Economics projected that coronavirus could hit global GDP by $1 trillion.
DailyAlts Playbook – Why You Shouldn’t Hide Important Financial Documents in Your Fishing Gear.
Today, the DailyAlts Playbook talks Commodity Swings, Public V. Private Gains, Cannabis Expectations, and Why You Shouldn’t Hide Important Financial Documents in Your Fishing Gear.
Community Banking: Gulf Capital Bank Announces Formation of De Novo Bank
Gulf Capital Bank just announced the formation of the first de novo bank in Houston, Texas in more than a decade. The formation of Gulf capital is also the largest de novo raise in Texas state history. Gulf Capital has said they intend the personal relationship touches of a traditional community bank combined with the ease of state-of-the-art banking technology and global connections provided by a group of Houston’s business and civic leaders. The bank is located on the first floor at One Riverway, at the corner of Woodway and South Post Oak Lane.
DailyAlts Playbook: Zero Growth, The End of Discount Brokers, ESG Fever, and a Breakup at Senator – February 21, 2020
We start today with the coronavirus. U.S. markets followed Europe lower on news that China reported 800 new cases of the disease overnight. The new total brings us to more than 75,000 cases in China with 2,236 deaths, according to the country’s National Health Commission. The virus has increased its South Korea, where there are now 150 cases. This morning, several research outlets forecast zero percent growth for the global economy during the first quarter. Those same outlets – including BCA Research – expect that growth will bounce back during the second and third quarters. New cases of the virus are also emerging in Italy, and local officials are eyeing about 100 people who recently had dinner with a man who returned from mainland China in February.
DailyAlts PlayBook – Michael Bloomberg, Bernie Sanders, Virgin Galactic, and More – February 20, 2020
The DailyAlts Playbook talks about Bloomberg’s Debate, “Summer” as a Verb, Victoria’s Secret Sale, and Goldman’s Warning.
The DailyAlts PlayBook: Bill Barr’s Big Plans, The “Democratic Bachelor”, Milken’s Pardon, and Parabolic Space Companies
We begin in Nevada, where a man who supported communism in his 30s has taken a double-digit lead over his Democratic rivals. A new NBC News/Wall Street Journal poll shows that Sen. Bernie Sanders (I-Vermont) controls 27% of the Democratic primary vote. That figure has largely remained unchanged since the onset of the race.
The DailyAlts Playbook: Coronavirus Blowback, Targeting the Astros, Digital Waste, Money Mergers, and the Shop that Predicted Tesla’s Surge
We start the day with the U.S. markets in the red after Walmart Inc. (NYSE: WMT) missed earnings and Apple (NASDAQ: AAPL) warned about the impact of the coronavirus.
The DailyAlts Playbook: Tesla Cults, China’s Deception, and a Very Busy Slate of Activist Interventions.
We return this morning thanks to modern medicine, good sleep, and the first time the household has been quiet in five days. Thank you for the emails and the texts. The flurry of “Where is the DailyAlts?” texts at 9 a.m. helped motivate me this Friday.
The DailyAlts Playbook: Rise of Bernie, the Plight of Tesla Bears, and the Surge of Ponzi Schemes.
Pitchers and catchers report to camp Wednesday, which offers some reminder that warmer weather will eventually find itself returning to the Northeast. That said, the Baltimore Orioles’ roster looks like Lou Brown’s Cleveland Indians in Major League, so I’ll be more focused on the markets.
The DailyAlts Playbook: Oil Shorts, Coronavirus Hits Earnings, Crowded Trades, and Toy Story 4 after a Fifth Viewing.
Fund managers had been dumping oil over the last few weeks, but resistance wouldn’t break down below $49 per barrel. Short sellers appear to have taken some profits off the table, pushing crude back up about 1.7%.