Bitcoin24h $77,856.07+0.82%

Ethereum24h $2,577.37+4.95%

BNB24h $729.82+2.70%

XRP24h $1.37+1.03%

Solana24h $102.28+2.44%

TRON24h $0.3363-0.83%

Hyperliquid24h $81.96+2.09%

Zcash24h $1,182.69+3.51%

Dogecoin24h $0.0856+2.29%

Monero24h $512.26+0.76%

Forget crypto or AI, oil tanker ETF BWET is up 5,100%

The next-best-performing ETFs rank far below BWET on a year-to-date basis and derive their gains from levering-up single stock performance.

Donald Trump has a gas problem

Two years of Donald Trump gasoline forecasts, from “$2 a gallon” on his campaign trail to a record $4.15 gas price on Labor Day.

After crypto speculators flocked to a momentum trade of lumber in 2021, a check on the current price reveals the folly of crowd psychology.

As 30-year Japanese bond yields reached their highest level in decades, a market data vendor gasped at the government’s cost to borrow.

Crypto has exacerbated the problems of private credit, extending leverage and rehypothecation risk across increasingly risky loan books.