At one point in the 2013 comedy “The Wolf of Wall Street,” Matthew McConaughey’s character Mark Hanna – a slick, coke-snorting stockbroker – tells Leonardo DiCaprio’s character, “Nobody – I don’t care if you’re Warren Buffett or Jimmy Buffett – nobody knows if the stock is going to go up, down, sideways or in circles.” While many in the financial services world might disagree, we can probably all agree that this accurately describes the current crypto market. Just replace “the stock” in that sentence with “bitcoin.”
The Wolf of Wall Street
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Clearinghouse Urges Faster Trade Settlement Amid GameStop Scrutiny
First Read $29,776/$300,000 (9.9%) ++++ ++++ Hits & Takes John Lothian & JLN Staff Maureen Downs has been re-elected as the chair of the NFA Board of Directors. Also, Don Thompson of JP Morgan is to serve as vice chair. Also, elected to two-year terms as...
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Wall Street’s favorite volatility index is the latest stock-market bubble, JPMorgan’s quant guru says; Structured Notes Saw Record Demand in a Volatile 2020. Investors Should Mind the Fine Print.
Wall Street’s favorite volatility index is the latest stock-market bubble, JPMorgan’s quant guru says; Structured Notes Saw Record Demand in a Volatile 2020. Investors Should Mind the Fine Print.
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