Key takeawaysBitcoin’s price reflects short-term marginal buying and selling, while adoption reflects long-term structural shifts. Ownership expansion, institutional integration and merchant growth ...
A surge in gas prices triggered by the Iran war has caused a knock-on spike in the price of electricity in the UK, Italy and many other European markets. This is because gas almost always sets the ...
The question, “Is the market objectively overvalued?” is misguided for the following reasons: The plurality of objective values. Intrinsic value is real, and it can be determined objectively—given ...
When we see prices rise and fall at the gas pump, we generally have an idea of what is driving the changes. Typically, it’s movements in the underlying price of oil, or sometimes there are refinery ...