Flash Note: Reducing Exposure in the Energy Sector
In light of the continued weakness in the oil price, now below $60 per barrel, I believe we should further reduce exposure to the energy sector.
Charlie Morris
Capital Preservation During Times of Stress
Trade in Whisky;
Yesterday, the VIX spiked higher and reached 60 at the US opening. That is a very high number that has never lasted for very long. It reflects higher future volatility in the stockmarket, derived from inflated option prices, which reflects extreme market uncertainty. The modest dip to
Market Meltdown
💡This issue covers TRON (TRX), BNB Chain (BNB), and Solana (SOL).
ByteFolio Issue 153;
In the early days of Trump’s term, crypto was all the rage, but now the discussion has moved on to tariffs. Global financial markets are in meltdown, and while Bitcoin has held up well, it
Flash Note: Risk Reduction
Trades in Soda and Whisky;
Following yesterday’s note, China has retaliated with 34% retaliatory tariffs, and this is now escalating into a global trade war. The Liberation Day tariffs are disastrous for the stockmarket and the economy. I would expect Trump to act and bring some good news, but
Gold All-Time High
ByteTree BOLD Index Monthly Rebalancing Report;
Following the rebalancing on 31st March 2025, the new target weights for the BOLD Index are 25.7% Bitcoin and 74.3% Gold, a 0.2% increase for Bitcoin over the previous month.
The 21Shares ByteTree BOLD ETP (BOLD) invests in Bitcoin and Gold.
Flash Note: No Action
Given today’s events, I am sharing a few thoughts.
Hard Assets and Gold
With gold trading at an all-time high and many commodity prices on the rise again, it is starting to feel as though the next wave of inflation is approaching. This is now being priced in by financial markets, assisted by policy uncertainty and the rise in tariffs.
USA Two-Year Inflation
