Credit Suisse Cheese Holey balance sheet! Over the course of March, Credit Suisse has lost what could be double-digit billions of dollars in capital once all the dust has settled and losses are fully accounted for. The company has been mum about the numbers thus far,...

We must be getting into late stages of a cycle given the fervor and frenzy of certain topics in the market. Bitcoin The price of Bitcoin (vs USD) started February around 32,600, reached a high of 58,350, fell to as low as 43,060, and began a new rally to close out the...

GameStop Saga You name it – Robinhood, Reddit, GameStop, AMC, BlackBerry, et cetera – they were all there. January ended with a lot of buzz around these names. It was described as a battle between retail investors and the “suits”. Retail was sticking it to the man....

Core Activity Non-Core Activity Other Interests What a year 2020 was! Ballast completed our fourth year of operation, with goals of providing clients with security, stability, and innovative investment strategies. The year took everyone on a wild ride – we found some...

Tesla Third equity raise of the year ahead of index inclusion: link  Tesla was added to the S&P 500 index: link Elon asks about Bitcoin: link Snubbed: link  Cybersecurity A hack exploit of cybersecurity firm SolarWinds’ software that allows access to various...

It is December already… What election? Equity markets are at all-time highs. We are some sort of broken record, but this market performance is not congruent with fundamentals around us. There is still a giant economic hole and a high level of unemployment. While...