Republic Risk: Holding Pattern

We're waiting for the PCE number this week... and, of course, the Day of Leap. Let's dig into insider buying this week.

Equity Storm Watch Is GREEN on the S&P 500 and GREEN on the Russell 2000

Markets are holding above their 200-day moving averages as we wait for new inflation data later this week. I am very excited that Leap Day is tomorrow. It’s a very underrated day… and I have already assembled my costume. This inflation figure - Personal Consumption Index (PCE) will likely set the tone for March. 

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Dear  Fellow Expat:

Good morning. 

As we’ve said a few times, Bitcoin is heading higher. The combination of concentration in ETFs and the expanding liquidity bucket shows that investors will continue to pile into risk assets. I know that it’s not supposed to make sense, but this is the way of the financial markets after the Fed committed to forever Quantitative Easing in 2012.

BlackRock's spot bitcoin ETF, IBIT, saw record-breaking trading volume, surpassing $1.3 billion for the second day in a row as bitcoin surged to $57,000.

Nearly 42 million shares were traded, making IBIT the fifth most…