James Picerno

2 weeks ago | seekingalpha.com | James Picerno

Jun. 09, 2025 9:40 AM ET, , , , , , , , , , , , , SummaryThe iShares Bitcoin Trust ETF is up roughly 20% since Apr. 2. US stocks are posting a moderate 6.2% increase post-“Liberation Day,” while a portfolio of medium-term US Treasuries has slipped 1.2%. The US dollar, by comparison, has slumped and is the worst performer. Nastco Bitcoin remains a winning asset since President Trump’s tariff announcement on Apr. 2 - “Liberation Day,” as he called it. In relative and absolute terms vs.

2 weeks ago | au.investing.com | James Picerno

remains a winning asset since President Trump’s tariff announced on Apr. 2 — “Liberation Day,” as he called it. In relative and absolute terms vs. the world’s primary markets, the cryptocurrency is outperforming by a wide margin, based on a set of ETFs through Friday’s close (June 6). The US dollar, by comparison, has slumped and is the worst performer. The iShares Bitcoin Trust ETF (NASDAQ:) is up roughly 20% since Apr. 2.

2 weeks ago | capitalspectator.com | James Picerno

US payrolls rose more than expected in May. The economy added 139,000 jobs last month, the Labor Department reported. “Stronger than expected jobs growth and stable unemployment underlines the resilience of the US labor market in the face of recent shocks,” said Lindsay Rosner, head of multi-sector fixed income investing at Goldman Sachs Asset Management. Deflation persists in China, based on consumer prices, which fell for a fourth consecutive month in May.

2 weeks ago | etfps.substack.com | James Picerno

Was it all noise? Yes, or so markets are telling us. The trade-induced turmoil that took a bite out of risk assets has more or less completed a full U-turn. The potential for trouble is still lurking, of course. What’s changed is that the market has a higher tolerance for turbulence and uncertainty. The crowd, in other words, has learned to manage expectations for a new world order of tumult and confusion with respect to the formerly sedate realm of trade policy.

3 weeks ago | capitalspectator.com | James Picerno

● How Countries Go Broke: The Big CycleRay DalioReview via Inc. Billionaire investor Ray Dalio, who founded Bridgewater Associates, the largest hedge fund in the world, is warning that the debt situation in the United States is approaching a “death spiral” that could eventually threaten the entire U.S. economy. In his new book, How Countries Go Broke: The Big Cycle, Dalio joins a growing chorus of financial experts and billionaires who have been sounding the alarm about government debt levels.