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On today’s show, we discuss:
- Might we, in fact, gotta hand it to Cathie Wood?
- Offices around America hit a new vacancy record
- US office buildings face $117B debt time bomb: Mortgages due this year threaten to sink US economy as thousands of workplaces remain empty
- Is the West talking itself into decline?
Listen here:
Recommendations:
Charts:
Tweets:
1/3 – Brief ETF trading volume thread
There are ETFs that "T" a LOT and those that don't.
Here's a look at the Top 20 U.S.-listed ETFs ranked by average daily '23 AUM showing total value traded in '23, turnover (avg. daily AUM/total value traded), and avg. "holding" period. pic.twitter.com/o0iiAUyR4L
— Ben Johnson, CFA (@MstarBenJohnson) January 8, 2024
The correct answer is $120,000. Thanks for all your guesses, and congrats to a few of you (@upzone_CA @mmoooose @idobadtakes @WilliamRFuqua @CatgirlCrude) that got it correct
Census ACS puts it at $120,704, while Census CPS ASEC says $122,400.
— Jeremy 'adjusted for inflation' Horpedahl 📈 (@jmhorp) January 8, 2024
"63% of Americans do not have $500 in the bank to pay for an emergency healthcare bill."
This is inaccurate.
Median household net worth is $192k, including $8k in checking accounts. https://t.co/DSrqyhig8K
— Matt Darling 🌐🏗️ (@besttrousers) January 6, 2024
WOW: This morning was wild for #Bitcoin ETF filers. Here's the state of play on the fee war front. Lowest long term fee is @BitwiseInvest at 0.24% followed closely by @vaneck_us at 0.25%. But we also have fee waivers on 3 for 6 months down to 0.0%. Plus BlackRock waiver to 0.20% pic.twitter.com/8bfhtFHOfH
— James Seyffart (@JSeyff) January 8, 2024
It costs less to hold a Bitcoin ETF for a year than a single trade on Coinbase. (~40-60bps vs ~25bps for a retail size trade)
The “ETF terrordome” has arrived, as @EricBalchunas would say.
— Gabor Gurbacs (@gaborgurbacs) January 8, 2024
not predicting how this is going to play out and NFA
but below is the Gold chart post-ETF launch
*If* TradFi is interested in buying $BTC – they will now have a friendly vehicle to do so starting next week pic.twitter.com/N1y4WeX7pi
— Matias | AssetDash 🏁 (@mattdorta) January 6, 2024
Percent of Americans who owned a home in 1950: 40%.
Percent who own a home now: 66%.Percent who owned a car in 1950: 50%.
Percent who own a car now: 91%.Percent who had a college degree in 1950: 5%.
Percent who have a college degree now: 44%. https://t.co/N3jE5XhL5L— Matthew Chapman (@fawfulfan) January 9, 2024
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