Jared Dillian

JARED DILLIAN IS THE EDITOR AND PUBLISHER OF THE DAILY DIRTNAP. AN INVESTMENT STRATEGIST AT MAULDIN ECONOMICS, HE IS AUTHOR OF "ALL THE EVIL OF THIS WORLD". BLOOMBERG

Buybacks are generally seen as either a form of stock manipulation that enriches senior corporate executives, or simply as a way to increase financial leverage and earnings per share.
WEALTH & INVESTING

The 1% tax on share buybacks is just the start

Experience is critical on Wall Street, especially in trading and risk management.

Wall Street bonuses are too small for many

FILE — Coinbase employees gather in Times Square to see the launch of the company’s initial public offering displayed on the Nasdaq tower, April 14, 2021. Crypto companies are laying off staff, freezing withdrawals and trying to stem losses, raising questions about the health of the ecosystem. (Gabby Jones/The New York Times)

Crypto’s limp BlackRock response is a clear tell

With the US dollar having appreciated against every Group of 10 currency this year, some investors are subscribing to the theory that it will continue to get stronger.
THE BOTTOM LINE

The US dollar bulls are looking increasingly like a cult