Sorbie Bornholm Book Club – 13 Bankers

This time is not different. With this year’s market negativity, bank collapses, and continued speculation of a recession, “13 Bankers: The Wallstreet Takeover and the Next Financial Meltdown” by Simon Johnson and James Kwak is particularly topical. Greg Kofford has...

Introducing the Sorbie Bornholm Book Club!

Sorbie Bornholm Founder & CEO, Greg Kofford, (who also happens to be my dad) is often asked for advice on trading and investing. He has a long reading list that he recommends for anyone interested in learning more. Since I am new to the financial services...

Index trading

Treasury is selling $38 billion of new 10-years bonds Wed, and $24 billion of 30-years Thur. Given record low demand for the Feb 25 7-year auction, these auctions will give a real window into where the bond market is going. If they go poorly – look out stock...

Retail has Diamond Hands

Sarah Ponczek of Bloomberg points out that as the NASDAQ dropped 10% over the last 3 weeks, retail has bought the dip harder than ever before. Equity purchases by retail over the last 3 weeks was $6.6 billion per week – 40% more than 2020. See chart...