The economist and famed crypto-hater says some crypto networks actually have "negative" value after accounting for the energy costs of production.
The first shot fired was a report from Bank of America’s Jared Woodard and Derek Harris, who argued bonds no longer offer diversification.
Trade war and U.S. political uncertainty might finally make the sluggish European economy the best risk-adjusted option the world provides.
The U.S. is starting to overtake China in the trade war, at least in financial markets. Chinese shares, the yuan and bonds have suffered the most.