Field Notes Premium Edition

Recently, the Federal Reserve announced that it was going to cut back on the $120 billion in bond purchases that it was making every month to support the economy. Along with fears about the new Omicron variant of COVID, this has led to considerable volatility in the markets. So, I recently sat down with Field [Read More] …

But I Plan to Keep Buying NFTs Anyway  “Sometimes you win. Sometimes you lose. Sometimes it rains.”  We begin today by stealing one of the best bits of dialogue from one of my favorite, can watch it again and again and never get tired of it movies…Bull Durham.  But we’re going to apply that quote to another of modern life’s games: Investing in non-fungible tokens, or NFTs.  I’ve [Read More] …

Be Careful Out There… Maybe you saw a week or so ago that a restaurant chain called Sweetgreen joined Wall Street in an initial public offering.   I know precisely zero about Sweetgreen. Don’t know where a single restaurant is located. Don’t know if the food is any good…though the first picture under the “menu” link on their website shows a [Read More] …

Plus Jamie Dimon Grovels Before China Welcome to your Sunday digest…my weekly breakdown of the things we’re thinking about and talking about in the Global Intelligence world. This week’s digest comes with a touch of festive cheer…and disappointment. Winter has descended here in Prague and for the first time since 2019, the city’s Christmas markets [Read More] …

Sorry to interrupt your weekend, but I wanted to get this alert to you… Yesterday on Wall Street was ugly. The S&P lost more than 2.25%. The Dow Jones Industrial Average, meanwhile, shed more than 1,000 points at one stage before slightly rebounding to close down 905 points, a loss of more than 2.5% on [Read More] …