Links 24 June 2022

Global Macro / Markets / Investing:

Friday’s $2.25B Bitcoin options expiry might prove that $17.6K wasn’t BTC’s bottom – Around the Globe
Bitcoin likely set up for ‘mean reversion’ soon, hints Lead Insights Analyst – Around the Globe
Musk says Tesla’s new car factories ‘losing billions of dollars’ – Reuters
Valkyrie Investments CEO: We’re firmly in a bear market – Valkyrie Crypto Funds
The S&P 500 Hasn’t Had Such a Bad First Half Since the Nixon Era – Bloomberg
Microsoft Plans to Eliminate Face Analysis Tools in Push for ‘Responsible A.I.’ – NY Times
Dow, S&P 500 Inch Down After Powell Testifies to Congress – WSJ

Americas:

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About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.