Wholesale Inflation Rose 9.7% in 2021
By Adam Sharp on January 14, 2022
This week, news broke that the Producer Price Index – which measures the average change over time in the selling prices received by domestic producers for their output – rose 9.7% in 2021. This was a shocking realization for many. We’re near 10% wholesale inflation! This is important because it’s what’s driving a lot of bitcoin buyers. The impact that near-10% inflation has on an economy is massive. It erodes people’s savings…
Gold and Bitcoin Are Critical Inflation Hedges
By Adam Sharp on July 30, 2021
The entire U.S. stock market is currently valued at around $53.9 trillion. That’s all the companies on the NYSE, Nasdaq and OTC markets combined. During the 2008 global financial crisis, the whole stock market was valued at just $11.4…
Alternative Investments to Consider
By Adam Sharp on July 20, 2021
Last week in Early Investing, I wrote a piece about how startup valuations are getting a little crazy. As I’ve discussed here recently, these rising prices have caused me to cut back…
Why the Fed Is Bluffing
By Adam Sharp on July 9, 2021
The Federal Reserve is in quite a pickle. Inflation is heating up, as evidenced by May’s 5% annualized inflation rate (according to dubious official numbers). Economists assure us that these price hikes are “transitory” — i.e., not permanent.
Startup Valuations Aren’t Changing Anytime Soon
By Adam Sharp on June 22, 2021
Lately, I’ve written a lot about how expensive startup valuations have become. It’s gotten pretty silly in some cases. Now I’m wondering: Are they going to get cheaper anytime soon? Based on what I’m seeing, I’m leaning towards no.
Economic Freedom Plan
By Vin Narayanan on September 30, 2020
I’ve been thinking a lot about freedom in the wake of Supreme Court Justice Ruth Bader Ginsburg’s passing. As Americans, freedom is in our DNA. It’s written into the Declaration of Independence. We hold these truths to be self-evident, that all men are created…
The 60/40 Portfolio Doesn’t Work Anymore
By Adam Sharp on September 25, 2020
It can be hard to see a bubble when you’re smack-dab in the middle of it. I think that describes our situation today. Let’s look at a few large tech stocks’ price-to-earnings (P/E) ratios. Amazon: 115 Tesla:…
The Flight to Alternative Safety
By Adam Sharp on July 31, 2020
As I write this on Friday morning, bitcoin is up 1.78% to $11,178. Ethereum is up even more over the last 24 hours — 7.96% to $343 (nice call on ETH last week Vin!). Other altcoins are a mixed bag, but the majority…
Negative Interest Rates in America?
By Adam Sharp on May 8, 2020
Back in October, I wrote an article titled “How Will We Deal With All The Debt?” Here’s an excerpt (emphasis mine): The federal government’s deficit for 2019 should come in around $1 trillion. That’s the equivalent of about…
Is Inflation a Certainty?
By Adam Sharp on April 17, 2020
The future is increasingly difficult to predict, but we can make some good guesses about how central banks and governments will react, and then change our investing style to cope.
Where’s the Safe Haven?
By Adam Sharp on March 20, 2020
Gold? Tech stocks? Bonds? Where should investors hunker down during this crisis?
Tokenizing Securities Using Blockchain Tech
By Adam Sharp on January 3, 2020
Here’s how blockchain-based systems could solve very complex securities problems.
Market Madness and 0% Yields
By Adam Sharp on August 23, 2019
We have entered a period of complete financial madness. There is now nearly $17 trillion worth of bonds with negative yields around the world. That’s almost $17 trillion in bonds where the lender is basically paying the borrower for the privilege. Some investors in bonds have been making a killing.
U.S. Corporate Debt Is a $9 Trillion Problem
By Adam Sharp on December 21, 2018
Adam Sharp explains why he thinks corporate debt in the U.S. is a major problem.
Top Reads of the Week
By Adam Sharp on October 12, 2018
A quick rundown of the best reads of the week in pre-IPO startups and cryptocurrency.
Investing in Bonds Doesn’t Have to Be Boring
By Matthew Makowski on September 12, 2018
Bonds have a well-deserved reputation for being boring. But there are some bonds that crypto and startup investors might be interested in.