Elsewhere on Thursday, – JP Koning on money in an economy without banks.– Someone held up a ‘buy bitcoin’ sign during Yellen’s testimony to Congress.– A Toby Nangle thread on the BoE’s Broadbent’s globalisation speech.– The year so far in vol (which may be picking up, or at least that’s the hope in some quarters):If the year ended today, this would be the smallest daily price change since 1965! It’s hard to imagine a period in which there’s been such a wide gap between daily political volatility and daily stock market volatility.– “The man running Sweden’s biggest security firm was declared bankrupt this week after his identity was hacked.”– Once again: Do not insider trade while posing as your own mother.– Dying hedge fund can take final secrets to the grave.– E*Trade advert… and the
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