Inequality, Social Chaos, Bankruptcy Rallies: The Best Insights From FinTwit June 2020
From the “Robinhood Rally” to the most profit-disconnected stock market in history, these are the most interesting ideas from FinTwit last month.
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This episode is sponsored by Bitstamp and Crypto.com.
Today on the Brief:
- Slight good news in new and continuing jobless claims
- Record corporate equity and debt sales during the crisis
- USDC freezes $100K
Introducing the FinTwit Macro Media Index:
The Macro Media Index is a monthly summary of the best macroeconomic tweets, essays, podcast and videos from FinTwit.
In this inaugural edition, NLW looks at a few key themes:
- The disconnect between the market and the real economy
- The role of the Federal Reserve and monetary policy in growing wealth inequality and social unrest
- The Robinhood Rally and bankruptcy bet that took institutional investors by complete surprise
- The great inflation vs. deflation debate
Featuring insight from previous Breakdown guests including Luke Gromen, Lyn Alden, Jesse Felder, Preston Pysh and more.
For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, iHeartRadio or RSS.