This is not a bet in which you, Jim Chanos, are anti Bitcoin. You're kind of agnostic on where the price goes. You just don't believe that the stock should be trading at this hefty premium to the value of its Bitcoin simply because because strategy owns bitcoin and is raising money to buy more BigQuery.Where are we at here. So you're exactly right. I mean, we're agnostic on bitcoin.I have no idea where Bitcoin is going or what it's worth, but we own bitcoin against the MicroStrategy short. This was an arbit ...

The dollar is down about 11% or so against the euro and some other currencies as well. Shishir Yeah, this year I mean the last 15 years it's up monstrously, right. But did you worry that it's gone down or you think it was overvalued and, and as a result of it having gone down, you think the chance of a Plaza Accord, an orchestrated effort to take it down even further is unlikely.And you think the dollar decline now is okay. It's adjusted appropriately. I think you have to start, David, with a with a point o ...

Dollar Outlook - Rabobank认为，未来几周美元对疲软数据将更加敏感[1] - 市场对美元的空头头寸已减少，美元走势趋于平衡[3][4] - 美元年初至今表现不佳，但在下半年表现良好[3] Key Data to Watch - 劳动力数据和CPI数据是关注重点，但十月份的数据可能受到shutdown的影响[2] - ADP数据对美元的影响显示市场不再过度做空美元[3] Currency Dynamics - 挪威克朗在数据公布后表现最佳[4] - 日元面临日本新任财务大臣的口头干预风险，日本央行可能在12月加息[5][6] - 市场对日元汇率0.55保持警惕[7] Global Factors - 美元走向不明朗，多种货币（欧元、日元、英镑）的故事都在发生，但美元是共同因素[5][7]

US House lawmakers will vote to end the government shutdown, which has caused problems such as snarled air travel and delayed food aid to millions of Americans. Voting on the bill is scheduled to start at 5 pm ET. The legislation has already passed the Senate and has been blessed by President Donald Trump. ...

House Democrats are looking to hold the party line ahead of an expected vote to end the longest US government shutdown in history. House Speaker Mike Johnson signaling a vote could come as soon as this afternoon. Bloomberg Government's Jack Fitzpatrick joins us now for more.Jack, do you see some smooth sailing later this afternoon or some wrinkles, some rough seas ahead. I don't see smooth sailing, but it looks like the end of the shutdown is just about here. We've got one more critical vote in the House.It ...

This is the annual long term report that's produced by the International Energy Agency, and it's been quite controversial over the years. They had done away with what they call that current policy scenario, i.e., if nothing changes, what happens to demand and gone for scenarios that assumed we would take more drastic action against climate change. The IEA denies this is a response to the Trump administration to reinstate this forecast, but I think clearly it's acknowledgement of the shifting political winds ...

What do you make of this depreciation story. Because this is this kind of ripples back into all of this, the quickly depreciated chip. I thought anything from 2 to 6 years.So this is what Michael Barr Barry has been talking about, and this is what Cameron Crowe has has been talking about in his opinion column today, which is well worth reading because he's he's kind of drawing down a historical analysis, going back to the beginning of this century on depreciation and the spend on CapEx and how that has adju ...

Market & Economic Outlook - The market is anticipating a pause in rate cuts in December, potentially extending into the new year, influenced by Fed Chair Powell's recent signals [2][4][5] - The economy is showing resilience, reflected in surprisingly strong earnings reports, with Q3 earnings increasing by 14% year-over-year, exceeding initial estimates of 65% [5][6][7] - The analyst anticipates the S&P 500 reaching 7000 by year-end and 7700 by the end of next year, indicating a continued bull market [16][17] - The analyst believes the US economy does not need support, suggesting the Fed's previous rate cuts may have been a mistake [8][9] Monetary Policy & Interest Rates - The Fed has already lowered the federal funds rate by 150 basis points over the past year [2] - The analyst questions the effectiveness of lowering interest rates to solve labor market issues and expresses doubt about the concept of a measurable neutral rate [3][12][13] - Despite the Fed cutting rates by 50 basis points in September and October, bond yields remain sticky around 4%, and mortgages around 6-65%, indicating resistance to further easing [10][11] Gold & Currency - The analyst initially lacked a view on gold due to its lack of income, but now sees potential for a major breakout, driven by geopolitical factors and Chinese investment [22][23][24][25] - The analyst projects gold prices to reach $5000 by the end of next year and $10000 by the end of the decade [26] - The analyst is contrarian on the dollar, anticipating surprising strength potentially due to the legitimization of stablecoins [27][29][30] Tariffs & Geopolitical Risks - The market has largely discounted the reopening of the US government [18][19] - There is a risk that the Supreme Court may rule Trump's tariffs unconstitutional, potentially requiring the government to refund $350 billion over 12 months, which could adversely affect the bond market [19][20]

Bloomberg has learned that allies of Keir Starmer have privately accused UK Health Secretary Wes Streeting of plotting to replace the Prime Minister. For more on this palace intrigue, I'm joined by Bloomberg's Lizzie Bird. And Lizzie, what do we know at this point.We have to thank our UK political editor Alex Wickham for this scoop. But it's not the first time the West Street King's name has been mentioned. He's younger than Starmer. At 42, he's seen as charismatic.He's from a council estate in East London. ...

[Music] You may not have heard of it, but Lenskart is among India's biggest eyeear makers and one of the country's most successful startups. Founded by entrepreneur and Shark Tank India judge Push Bansal, the company's expanding fast across Asia and the Middle East. It's even making its own smart glasses.>> Every customer we serve is our IPO because an IPO for us is not just about markets. It's about building trust. Its 821 million public offering sold out within hours, but when the stock finally hit the ma ...