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BlueCrest's 38% Surge Amid Market Volatility
5 articles I'm watching carefully
Tyler Dupont
January 09, 2025
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Tyler Dupont  Good morning 👋 Here's the latest news I'm tracking today. |
📈 Stocks / Finance
BlueCrest's 38% Surge Amid Market Volatility
Michael Platt's BlueCrest Capital Management achieved a 38% gain in 2024, outperforming its 20% return the prior year. Leveraging $15B in trading power, the firm capitalized on stock and currency volatility, marking one of the top performances among hedge funds navigating post-election market swings.
Quantum stocks' meltdown spreads to speculative favorites
Speculative stocks saw steep losses as quantum-computing shares dropped sharply after Nvidia's CEO cautioned that widespread quantum adoption could be decades away. Margin calls intensified selloffs across retail-favored sectors, including cannabis, crypto, and aerospace, while trading volumes hit record highs.
20-Year Treasury Yield Tops 5% Amid Inflation Concerns
The 20-year Treasury yield surpassed 5% for the first time since 2023, reflecting inflation fears and fiscal uncertainty tied to President-elect Trump's policies. Rising yields, driven by robust US growth and global pressures, signal a new era in the $28 trillion Treasury market.
🪙 Crypto
Institutional Bitcoin Accumulation Signals Market Recovery
Institutional investors accumulated 34,000 BTC worth $3.2B following a December sell-off, per Blocktrends. After wallets holding 1K-10K BTC dumped 79K BTC post-peak at $108K, buying resumed below $95K. Analysts predict price recovery, with potential for nation-state Bitcoin adoption.
🌎 Global Economy
Dollar’s rise pressures global currencies and bond markets
The dollar's strength, driven by rising U.S. Treasury yields and trade policy uncertainties, pressured major currencies. Sterling hit a two-year low, the euro edged closer to parity, and the yen struggled, reflecting inflation concerns and weakening confidence in global fiscal stability.
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