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
The 1% tax on share buybacks is just the start
Although small now, the levy will surely increase over time until it becomes too costly for companies to repurchase their shares.
Wall Street bonuses are too small for many
The pay divide at big banks has only gotten wider, leaving many disgruntled and prone to mistakes.
Crypto’s limp BlackRock response is a clear tell
If not even a vote of confidence from the world’s largest asset manager can spark a rally, then the bear market is far from over.
The US dollar bulls are looking increasingly like a cult
It’s hard to boil the US$6.6 trillion foreign exchange market down into a simple narrative. But that hasn’t stopped people from trying.