The Pomp Letter

This installment of The Pomp Letter is free for everyone. I send this email to our investors daily. If you would also like to receive it every morning, join the 50,000 other investors today. To investors, The current economic climate continues to get worse as millions of people are filing for unemployment each week and GDP falls further. The US government understands that the situation is dire, so...

This installment of The Pomp Letter is free for everyone. I send this email to our investors daily. If you would also like to receive it every morning, join the 45,000 other investors today. To investors, The airline industry was bailed out to the tune of approximately $50 billion by the federal government. The goal of this money was to help companies retain workers and prevent even greater levels...

This installment of The Pomp Letter is free for everyone. I send this email to our investors daily. If you would also like to receive it every morning, join the 45,000 other investors today. To investors, The United States has approximately $25 trillion in debt. The country was expected to experience a $1 trillion deficit this year, which is the difference between how much money they spend and how...

This installment of The Pomp Letter is free for everyone. I send this email to our investors daily. If you would also like to receive it every morning, join the 45,000 other investors today. To investors, There were 3.8 million Americans who filed for unemployment last week. This brings the total new claims to over 30 million in the last 6 weeks. The speed and gravity of which the unemployment sit...

This installment of Off The Chain is free for everyone. I send this email to our investors daily. If you would also like to receive it every morning, join the 45,000 other investors today. To investors, The economic situation has deteriorated at an even faster pace than most expected. On March 18th, I wrote that “ the unemployment numbers in the United States have the potential to quickly match th...

This installment of Off The Chain is free for everyone. I send this email to our investors daily. If you would also like to receive it every morning, join the 40,000 other investors today. To investors, The general public is starting to realize the greatest magic trick of our generation is actually a magic trick. What do I mean? The average citizen is starting to recognize that US dollars, like al...

This installment of Off The Chain is free for everyone. I send this email to our investors daily. If you would also like to receive it every morning, join the 40,000 other investors today. To investors, The United States economy has been shut down due to the coronavirus quarantine. As I wrote a few weeks ago, there is a high likelihood that we could reach levels of unemployment not seen since the...

This installment of Off The Chain is free for everyone. I send this email to our investors daily. If you would also like to receive it every morning, join the 40,000 other investors today. To investors, The Lion King is an animated movie that has captured the imagination of young children for decades. There are many life lessons that can be taken from the film, but one of the core ideas presented...

This installment of Off The Chain is free for everyone. I send this email to our investors daily. If you would also like to receive it every morning, join the 40,000 other investors today. To investors, The market chaos has continued across asset classes this week. We are seeing incredible levels of volatility, which is exacerbated by the likelihood that the US will see more than 2 million unemplo...

This installment of Off The Chain is free for everyone. I send this email to our investors daily. If you would also like to receive it every morning, join the 40,000 other investors today. To investors, I interviewed Raoul Pal, the CEO of Real Vision Group and macro trader, about two weeks ago. He predicted that the COVID-19 issue would become the greatest financial event of our lifetime. At the t...

This installment of Off The Chain is free for everyone. I send this email to our investors daily. If you would also like to receive it every morning, join the 40,000 other investors today. To investors, The main focus for many people right now is to stimulate economic activity. The COVID-19 issue has driven cities and states to heavily encourage people to stay in their homes, which is grinding the...

This installment of Off The Chain is free for everyone. I send this email to our investors daily. If you would also like to receive it every morning, join the 40,000 other investors today. To investors, Yesterday was an absolute bloodbath across markets. It feels like I am writing that almost every day now. There is not a person participating in financial markets that doesn’t have a pit in their s...

This installment of Off The Chain is free for everyone. I send this email to our investors daily. If you would also like to receive it every morning, join the 40,000 other investors today. To investors, We are watching history unfold. There will be books written about the events that are transpiring in financial markets right now. Every day feels like a month. Fear and panic are dominating the min...

Below is a guest post from Amy Davine Kim, Chief Policy Officer of the Chamber of Digital Commerce. I will be attending their blockchain summit on March 11th and wanted the organization to give a preview of the types of conversations that will happen at the event. Enjoy this guest post and hope each of you has a great weekend! One of the most difficult questions plaguing the digital asset industry...

Join thousands of others who receive this daily analysis of crypto markets & news in their inbox every morning -  subscribe now. Bitcoin’s price is up almost 50% since the start of 2019. Instead of obsessing over the volatile price movements, it is important to stay focused on the underlying fundamentals of the transaction settlement network. Here is the current state of Bitcoin’s fundamentals: Th...

Join thousands of others who receive this daily analysis of crypto markets & news in their inbox every morning -  subscribe now. Founders are realizing that transparency, audience, and engagement are significant advantages in today’s business environment. The invention of the internet, and the adoption of social media specifically, has led to a new set of tools being available to entrepreneurs as...

Join thousands of others who receive this daily analysis of crypto markets & news in their inbox every morning -  subscribe now. Private pension funds may be in more trouble than you think. In Q4 2018, these funds realized the second largest percentage loss in assets since the 1950’s and the largest loss since 2008. As Tavi Costa pointed out on Twitter , the more than 5% drop in assets leads many...

Join thousands of others who receive this daily analysis of crypto markets & news in their inbox every morning -  subscribe now. Bitcoin is back, baby. The decentralized digital currency ripped 20% over night and surpassed the $5,000 mark for the first time in months. This quick price action was met with exuberance and fanfare from crypto enthusiasts. There are very few assets in the world as vola...

Join thousands of others who receive this daily analysis of crypto markets & news in their inbox every morning -  subscribe now. The crypto market is maturing. Previously, a big problem with the industry was that data was hard to find and there were major questions about the validity of different data sets. This issue has recently jumped to the forefront after a Morgan Creek Digital portfolio comp...

Today’s Off The Chain post is brought to you by Delphi Digital , the premier research firm dedicated to digital assets and DLT. Their in-depth report on Decentralized Finance (DeFi) released earlier this week has sparked great discussion among the crypto community. Below they highlight the biggest takeaways from the report. Full disclosure: I currently sit on the board of Delphi Digital. Decentral...