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This has practically NEVER happened in recent history:
Since January 2024, gold is up ~31%, the 10-year note yield is up 22%, and the US Dollar Index is up 7%.
To truly understand how unprecedented, you must first understand their historical relationship.
Let us explain.
This Has NEVER Happened...
@KobeissiLetter on Twitter
Biggest launch in Defi history? @feiprotocol raised $1.2B from its Genesis event, and the $FEI - $TRIBE pool is #1 on Uniswap with $2.6 BILLION in liquidity.
Simultaneously, retail investors got predictably rekt.
Here's how the drama unfolded:
Biggest Launch in Defi H...
@jonwu_ on Twitter
It may turn out that the whole way modern economics models human behavior is good only in some situations, and not in others.
What if preferences are unstable?
Noah Smith
...catch up on these, and many more highlights
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