The hottest Finance Substack posts right now

And their main takeaways
Category
Top Finance Topics
Doomberg β€’ 3142 implied HN points β€’ 25 Feb 24
  1. Modern economic systems struggle to account for environmental costs, leading to government interventions and frustrations among capitalists and landowners.
  2. The global focus on carbon emissions has led to the rise of carbon counting professionals, but many argue their value is limited.
  3. A proposal to create Natural Asset Companies (NACs) faced controversy when seeking to put a market price on nature, highlighting potential unintended consequences and opposition.
Doomberg β€’ 7184 implied HN points β€’ 20 Feb 24
  1. The human need for energy continues to grow despite various historical crises and catastrophes.
  2. Energy is not just an input into the economy but is actually the foundation of the economy itself.
  3. The idea of peak cheap oil being a crisis is challenged, with the belief that humanity would adapt swiftly to any temporary constraints in energy availability.
Fintech Business Weekly β€’ 29 implied HN points β€’ 25 Feb 24
  1. Capital One's acquisition of Discover is a complex deal that has both good and bad elements for competition, creating a potential shake up in the US payments space.
  2. The CFPB is using once-dormant authority to supervise nonbank entities like World Acceptance Corp, focusing on risks to consumers.
  3. Acting Comptroller Hsu suggests creating a federal money transmitter licensing framework to better regulate non-bank companies providing bank-like services, highlighting potential risks in the growing role of non-bank firms in banking areas.
Doomberg β€’ 7006 implied HN points β€’ 07 Feb 24
  1. Analysts focus on continuous learning and understanding, while advocates tend to rationalize or attack inconvenient facts.
  2. Economies heavily reliant on energy resources like Russia may evade recession despite sanctions due to their unique market dynamics.
  3. US economy's short-term resilience and avoidance of recession can be attributed to various energy-related factors, such as LNG export approvals.
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Erdmann Housing Tracker β€’ 169 implied HN points β€’ 23 Feb 24
  1. Minneapolis experienced a drop in rents in 2021 and 2022 but the correlation between housing construction and rent trends isn't conclusive. It's important to assess data carefully before drawing conclusions.
  2. Auckland, New Zealand, has visible rent decreases due to effective supply-side reforms, contrasting with Minneapolis where the impact of such reforms is less clear.
  3. The correlation between income, new home construction, and rent inflation post-Great Recession reveals unusual patterns, possibly influenced by mortgage suppression policies, highlighting the need for comprehensive data analysis.
Noahpinion β€’ 8647 implied HN points β€’ 03 Feb 24
  1. The U.S. economy is showing strong signs of a soft landing with low unemployment, surging job numbers, high employment rates, and accelerating wages.
  2. Inflation has fallen back to the 2% target, providing a remarkable macroeconomic achievement.
  3. Despite the strong economy, there is speculation that the Federal Reserve might cut interest rates soon due to reasons like accelerating productivity growth.
Daily Chartbook β€’ 288 implied HN points β€’ 22 Feb 24
  1. Daily Chartbook #386 provides 30 charts to summarize the day's events.
  2. The post is for paid subscribers only, offering exclusive content.
  3. Readers can subscribe to access the daily chartbook and sign in if they are already paid subscribers.
Chartbook β€’ 257 implied HN points β€’ 21 Feb 24
  1. Top Links 373 include the Ordeal by Roses photos, US bank concerns, Gazprom's losses, misfiring missiles, and Bismarck's legacy.
  2. US banks like JPMorgan Chase and Bank of America have seen a decrease in reserves for commercial real estate debt.
  3. This post is available for paid subscribers and includes insights on various topics related to finance and geopolitics.
PETITION β€’ 1906 implied HN points β€’ 11 Feb 24
  1. Bankruptcy activity for big names like New York Community Bancorp Inc., Spirit Airlines Inc., and others remains low despite speculation.
  2. The amount of high yield bonds trading distressed has significantly decreased since the start of 2024.
  3. Distressed exchange activity has become a popular alternative to Chapter 11 filings, with experts predicting even busier times ahead for 2024.
Daily Chartbook β€’ 262 implied HN points β€’ 21 Feb 24
  1. The post is for paid subscribers only, so it requires a subscription to access.
  2. The Daily Chartbook #385 includes 30 charts for catching up on the day's information.
  3. The content can be found on www.dailychartbook.com, offering insights through visual data.
Afridigest β€’ 3 implied HN points β€’ 25 Feb 24
  1. Nigerian neobank FairMoney made an offer to buy Umba, which includes a healthy premium.
  2. The South African Intergovernmental Fintech Working Group is examining stablecoin use cases and might respond with regulations this year.
  3. Nigerian governmental authorities have temporarily blocked access to global crypto exchanges to combat the rapid depreciation of the Nigeria naira.
Peter Navarro's Taking Back Trump's America β€’ 1768 implied HN points β€’ 09 Feb 24
  1. The stock market has shown a technical rally with S&P 500 surpassing 5000, driven by trend traders focusing more on technical aspects than fundamentals.
  2. Artificial intelligence is significantly impacting the job market, with companies using AI for tasks like layoff decisions, with some notable companies like United Parcel Service and BlackRock making significant staff reductions.
  3. China's economy is being compared to past scenarios like Japan's real estate market crash, highlighting concerns about potential global repercussions.
Concoda β€’ 259 implied HN points β€’ 20 Feb 24
  1. Dollar liquidity remains high with low failures to deliver, stable bond volatility, tight dealer repo spreads, and tightening cross-currency bases
  2. Changes in the Fed's rescue mechanism are upcoming, as discussed in a recent post by Concoda
  3. Exploration of the transformation in the repo market and its potential impact on other dollar markets
Yet Another Value Blog β€’ 1395 implied HN points β€’ 10 Feb 24
  1. The loan book for NYCB is in worse shape than expected, potentially facing huge losses due to rent-regulated properties and increasing expenses.
  2. Despite the challenges, NYCB has over $7 billion in tangible equity, which could help the bank navigate through the crisis.
  3. Insider buying at NYCB following a special update call shows confidence in the institution, highlighting efforts to stabilize the stock amid a tough situation.
Doomberg β€’ 8751 implied HN points β€’ 13 Jan 24
  1. 2024 may be a significant year for gold investors, due to potential moves by the Group of Seven countries.
  2. There are discussions about seizing Russian assets worth billions, which could impact the global financial system.
  3. The decisions made by the G7 regarding these assets could influence gold prices and highlight its role in the financial system.
The Bear Cave β€’ 653 implied HN points β€’ 15 Feb 24
  1. The Bear Cave has raised concerns about B. Riley's ties and financial exposure to an accused fraudster, Brian Kahn, as well as regulatory and disclosure issues at the company.
  2. Short seller Marc Cohodes referred to B. Riley as the "biggest pound-for-pound financial fraud" he has seen.
  3. New evidence presented by The Bear Cave includes a potential departure of B. Riley's audit engagement partner, contradicting statements about a loan to Brian Kahn, and engagement of outside counsel by B. Riley's auditor in response to concerns.
Comment is Freed β€’ 92 implied HN points β€’ 22 Feb 24
  1. Jeremy Hunt may announce a tax cut that is not financially sustainable and could be misleading.
  2. The UK's tax burden is lower compared to other countries, partly due to lower spending on social programs.
  3. The UK's low tax burden is also a result of reduced spending on working age benefits, uniquely high housing benefit expenditure, and underinvestment in infrastructure.
The Last Bear Standing β€’ 40 implied HN points β€’ 23 Feb 24
  1. Capital One is acquiring Discover Financial Services, creating the largest vertically integrated card provider and the sixth largest U.S. bank by deposits.
  2. Both Capital One and Discover have seen a rise in bad credit among their subprime borrowers in the past two years.
  3. Consumer credit quality has been deteriorating sharply as pandemic savings decrease, interest rates rise, but consumer spending remains high.
Mule’s Musings β€’ 443 implied HN points β€’ 16 Feb 24
  1. An ongoing gamma squeeze at SuperMicro has led to a significant buying pressure, possibly due to high volumes of options expiring.
  2. The significant demand for shares due to in-the-money calls can lead to billions of dollars worth of shares needing to be accounted for.
  3. After the gamma squeeze peaks, there may be a period of share buying, but ultimately, there are expectations for SuperMicro's stock to stabilize and return to normal.
Points And Figures β€’ 666 implied HN points β€’ 13 Feb 24
  1. Inflation might be higher than reported due to isolated evidence like price increases in certain sectors.
  2. The government's policies are putting strong inflationary pressure on the economy, impacting various sectors and housing market.
  3. Business news sources may have biases and push narratives, so it's important to seek objective insights for informed decisions.
The Bear Cave β€’ 839 implied HN points β€’ 11 Feb 24
  1. New activist reports highlighted issues with companies like CAVA Group, Soho House & Co, Fairfax Financial Holdings, and Dun & Bradstreet Holdings.
  2. Recent resignations from notable executives, including CEOs and CFOs at companies like Grifols, HF Foods Group, Enerpac Tool Group, and Allego, were disclosed.
  3. The Bear Cave also featured insightful tweets of the week and suggested articles on topics such as how the funeral industry hides bad actors and SEC charging Cloopen Group with accounting fraud.
PETITION β€’ 2456 implied HN points β€’ 28 Jan 24
  1. The post discusses underperforming retailers like The Container Store Inc. ($TCS) specializing in storage solutions.
  2. The Container Store Inc. is known for its premium pricing compared to competitors for products like coat hangers and laundry baskets.
  3. The company's history involves acquisitions by PE firm Leonard Green and Partners LP and an IPO in 2013.
Alexander News Network -Dr. Paul Elias Alexander's substack β€’ 786 implied HN points β€’ 10 Feb 24
  1. The author is grateful for support and offers a free subscription but also suggests a paid option for $29 a year.
  2. The author values critical thinkers and encourages sharing the subscription with others.
  3. The subscription model consists of free and paid options for readers to choose from.
Daily Chartbook β€’ 288 implied HN points β€’ 17 Feb 24
  1. The Daily Chartbook #384 is available for paid subscribers only.
  2. The chartbook covers the day using 30 charts for analysis.
  3. Readers can subscribe to access the content at dailychartbook.com.
Concoda β€’ 459 implied HN points β€’ 13 Feb 24
  1. The Federal Reserve's Bank Term Funding Program (BTFP) is expiring after being used to address financial panic and market stimulation caused by banks' underwater assets.
  2. Following a series of bank failures in the aftermath of COVID-19's speculative boom, the Fed introduced the BTFP to provide a confidence boost and stabilize markets.
  3. The BTFP evolved into a risk-free arbitrage opportunity for banks, leading to its rapid increase in volumes before its sudden discontinuation in March 2024.
Stay-At-Home Macro (SAHM) β€’ 805 implied HN points β€’ 09 Feb 24
  1. The Fed is focusing only on past inflation, and this approach may lead to problems with monetary policy decisions.
  2. Recent data shows a rapid decrease in inflation over the past six months, suggesting a return towards the 2% target.
  3. Despite strong economic growth and high interest rates, the Fed continues to rely heavily on backward-looking inflation data for its decision-making.
cryptoeconomy β€’ 1493 implied HN points β€’ 02 Feb 24
  1. There will not be durable deflation in the future unless major changes happen to the dollar or the Federal Reserve.
  2. Technology like AI can lead to deflation by lowering prices, but central banks like the Federal Reserve counteract this by absorbing the deflation.
  3. A special type of bad deflation occurs when dollars are taken out of circulation, often due to events like financial panics, leading to economic challenges.