The stereotype of chat-based large-language-model artificial intelligence products in early 2023 is that they are very good at sounding smart but not
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Are NFTs securities?
Imagine a video game. There’s an online multiplayer video game, MattQuest, made and run by a video-game company, QuestCo. In
Continue readingTop earning hedge fund managers
Really the best-performing hedge fund each year — as measured by percentage returns — always should be one that runs at 50x leverage: Said Haidar’s
Continue readingInflation still going strong
Retail inflation jumped last month as costs for food, gas, and shelter rose, and while the annual increase in prices continued to
Continue readingInflation is still not over
The labor market is still “out of balance,” Fed Chair Jerome Powell said at a press conference earlier this week, putting today’s
Continue readingMeta is getting better?
Back from the edge of the metaverse, social media giant Meta Platforms (META) soared more than 20% in after-hours trading on Wednesday
Continue readingHas the Fed beaten inflation?
Yesterday, Fed Chair Jerome Powell did his best impression of a football coach whose team holds a third-quarter lead: Our
Continue readingAMC shareholders, be warned!
AMC Entertainment Holdings Inc. has a clever APE trade. Basically AMC is in the business of selling tons of stock,
Continue readingHistory of ETFs
Thirty years ago yesterday, the first exchange-traded fund (ETF) in the US launched. In the decades since, these once-niche investment
Continue readingDow Jones symmetrical triangle
A symmetrical triangle has formed in the Dow Jones Industrial Average (DJIA) price chart over the past month, as shown in the
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