The Pomp Letter

To investors, Liza Lin wrote a story in the Wall Street Journal this morning titled “ China Intensifies Push to ‘Delete America’ From Its Technology .” It clearly articulates a renewed effort by China to reduce their dependency on American technology companies, including hardware and software producers. Lin writes: “The 2022 Chinese government directive expands a drive that is muscling U.S. techno...

Today’s letter is brought to you by Bitcoin Investor Day! I am hosting the first Bitcoin Investor Day in New York City on March 22nd this year. It is an annual meeting for sophisticated Wall Street investors who are interested in bitcoin. Speakers include Cathie Wood, Mike Novogratz, Anthony Scaramucci, Mark Yusko, Head of Digital Assets at BlackRock, Bitwise CEO, Head of Research at Fidelity & Va...

To investors, Bitcoin almost broke the previous all-time high of $69,000 yesterday. It came within $500 and has since retreated from the milestone. Given the persistent demand for the digital currency, and the lack of new production in response to this increased demand, we should assume that bitcoin will hit a new all-time high price in the next few days. This leads to the question “what happens w...

To investors, There is something special happening in the bitcoin market right now. It feels like the global financial world has started to understand what the asset is and why it is important for them to own it. We are not talking about small retail investors or family offices, but rather large institutions who want to invest hundreds of millions or billions of dollars to bitcoin. There was $576...

Today’s letter is brought to you by Crypto Academy! Do you want a job in the crypto industry? My team and I have been working with the top HR teams in the industry to create a training program that teaches the fundamentals of bitcoin & crypto. We’ve helped over 3,000 people get new jobs , and the training program has played a huge part in our success. This three-week intensive program offers over...

Today’s letter is brought to you by Espresso Displays! I normally work on my desktop computer and am hyper productive. The second that I leave my desk, I lose my productivity on a laptop. So I started to use a second screen and it seems to have fixed the issue. It took awhile to evaluate many different screens — Espresso Displays was by far the best one . I use it every day. I can’t imagine workin...

To investors, Investing is an endless pursuit of learning. No matter how much you think you know, there is always something new around the corner. The world is dynamic. The future is unknown. If you pay attention and put in the work, you can find small insights about how the world works. Many of these insights may surprise you. Over the last few days, I have stumbled across a few of these surprisi...

Today’s letter is brought to you by Bitcoin Investor Day! I am hosting the first Bitcoin Investor Day in New York City on March 22nd this year. It is an annual meeting for sophisticated Wall Street investors who are interested in bitcoin. Speakers include Cathie Wood, Mike Novogratz, Anthony Scaramucci, Mark Yusko, Head of Digital Assets at BlackRock, Bitwise CEO, Head of Research at Fidelity & Va...

To investors, Satoshi Nakamoto published the bitcoin whitepaper on October 31, 2008. The paper was titled “ Bitcoin: A Peer-to-Peer Electronic Cash System .” In the abstract, Nakamoto writes this as his first sentence: “A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution.” The promi...

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READER NOTE : Today is a free email to everyone. I am hosting a webinar tomorrow morning at 930am EST for all paying members of The Pomp Letter. This webinar will be a review of a massive amount of data, charts, and graphs to explain the US economy, inflation, the global liquidity situation, and where I think various asset prices are going in the next 24 months. You can join us by becoming a payin...

Reader Note : Today is a free email available to everyone. If you would like to receive these letters each morning, please subscribe to become a paying member of The Pomp Letter by clicking here . To investors, Everyone saw inflation spike in 2021 and 2022. You could feel it in the economy. Goods and services got more expensive. A single meal at a restaurant would shock you. Filling up your car at...

Today’s letter is brought to you by Bitcoin Investor Day! I am hosting the first Bitcoin Investor Day in New York City on March 22nd this year. It is an annual meeting for sophisticated Wall Street investors who are interested in bitcoin. Speakers include Cathie Wood, Mike Novogratz, Anthony Scaramucci, Mark Yusko, Head of Digital Assets at BlackRock, Bitwise CEO, Head of Research at Fidelity & Va...

READER NOTE : I am hosting a webinar tomorrow morning at 930am EST for all paying members of The Pomp Letter. This webinar will be a review of a massive amount of data, charts, and graphs to explain the US economy, inflation, the global liquidity situation, and where I think various asset prices are going in the next 24 months. You can join us by becoming a paying subscriber here . I will send out...

Today’s letter is brought to you by Espresso Displays! I normally work on my desktop computer and am hyper productive. The second that I leave my desk, I lose my productivity on a laptop. So I started to use a second screen and it seems to have fixed the issue. It took awhile to evaluate many different screens — Espresso Displays was by far the best one . I use it every day. I can’t imagine workin...

Today’s letter is brought to you by ResiClub! * ResiClub is the leading publication for the residential real estate market. * Housing affordability is the worst that it has been in 40 years and the team at ResiClub has covered the decline in great detail. * Readers get news, commentary, data, and analysis from industry insiders. * ResiClub is written by Lance Lambert, who is widely considered the...

To investors, The Federal Reserve is conducting their first meeting of the year today. The market expectation is that the Federal Open Market Committee will keep interest rates unchanged. I believe this could be a mistake. The current CPI reading shows 3.4%, which is more than 50% higher than the Fed’s stated target of 2%. From this perspective, the Fed has a 0% chance of cutting interest rates. T...

Today’s letter is brought to you by Dream Startup Job! * Dream Startup Job is the premier marketplace for connecting ambitious job-seekers with the world's most innovative companies. * Search over 10,000 roles and apply quickly to cutting-edge companies like Traba, Varda, Eight Sleep, Flowhub, and many others. * If you're looking to join a team   that is making a difference in the world, create a...

Today’s letter is brought to you by Frec! The wealthy have used a secret strategy to make money and save on taxes for decades — direct indexing and tax-loss harvesting . The problem historically is that it takes a large team and lots of money to pull these strategies off. That is all changing now. Frec  makes direct indexing available to every investor at 1/10th the cost (0.1% annually to be exact...

To investors, The new capital flowing in the crypto industry from Wall Street and traditional investors will not behave like the capital that has been here for years. Let me explain. These new investors have different goals. They are not luddites. While the memes and narratives may be fun, these investors are more likely to manage their portfolio based on spreadsheets and academic theories. One go...

Today’s letter is brought to you by Espresso Displays! I normally work on my desktop computer and am hyper productive. The second that I leave my desk, I lose my productivity on a laptop. So I started to use a second screen and it seems to have fixed the issue. It took awhile to evaluate many different screens — Espresso Displays was by far the best one . I use it every day. I can’t imagine workin...

Today’s letter is brought to you by ResiClub! * ResiClub is the leading publication for the residential real estate market. * Housing affordability is the worst that it has been in 40 years and the team at ResiClub has covered the decline in great detail. * Readers get news, commentary, data, and analysis from industry insiders. * ResiClub is written by Lance Lambert, who is widely considered the...

Today’s letter is brought to you by Dream Startup Job! * Dream Startup Job is the premier marketplace for connecting ambitious job-seekers with the world's most innovative companies. * Search over 10,000 roles and apply quickly to cutting-edge companies like Traba, Varda, Eight Sleep, Flowhub, and many others. * If you're looking to join a team   that is making a difference in the world, create a...

Today’s letter is brought to you by Espresso Displays! I normally work on my desktop computer and am hyper productive. The second that I leave my desk, I lose my productivity on a laptop. So I started to use a second screen and it seems to have fixed the issue. It took awhile but I evaluated tons of different screens — Espresso Displays was by far the best one. I use it every day. I can’t imagine...

Today’s letter is brought to you by Espresso Displays! I normally work on my desktop computer and am hyper productive. The second that I leave my desk, I lose my productivity on a laptop. So I started to use a second screen and it seems to have fixed the issue. It took awhile but I evaluated tons of different screens — Espresso Displays was by far the best one. I use it every day. I can’t imagine...