Where finance and media intersect with reality

Why Tech Armageddon Leads to Expanding Profit Margins

In case you didn’t know (and I didn’t) – US profit margins have been expanding sharply ever since Covid. Some central bankers, like Fed vice chair Brainard, have suggested this could be having a meaningful impact on inflation, meaning a narrowing in margins should do the opposite. The widening has cooled off a bit recently, […]

ALTIF Transcripts: The Last Days of Crypto

The sudden collapse of Sam Bankman Fried’s $16bn crypto trading empire has caused even the most bored of apes to sit up and take notice. Investors in these digital currencies have exhibited an incredible stoicism, soaking up their punishment and “HODL-ing” through past crypto collapses, but could this be the end of Satoshi’s children? Neil […]