This editorial is from this week’s edition of the newsletter Week in Review, sent to subscribers on Friday. Subscribe to the newsletter to get this weekly editorial the second it’s finished. The newsletter also includes the biggest stories of the week, with a comment on each story. Bitcoin is roughly flat in the past seven days, while U.S. equities have been mixed, with the Dow up about 1.8%, the S&P 500 down about 0.5%, and the Nasdaq down about 2.3%. Treasury yields sank on Thursday. Have bond yields finally topped? The Economist cover might’ve top-ticked it. Chilean pension funds suffered …


