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On today’s show, we discuss:
- S&P 500 Will Soar 66% to 10,000 By End of Decade, Yardeni Says
- Investors Are Betting on a Market Melt-Up
- Farewell, for Now
- A Near-$1 Trillion ETF Rush This Year Breaks Wall Street Records
- How Trump Won, What Happens Next, and How Disconnects Drove Democracy
- EconomyMapped: Median Home Sale Price by U.S. State
- Americans are split over the state of the American dream
- The Unspoken Grief of Never Becoming a Grandparent
- Netflix said a record 60 million households worldwide tuned in for Jake Paul versus Mike Tyson fight
- Disney Profit Beats Expectations as Movies, Streaming Gain
- bencarlson007.bsky.social
Recommendations:
Charts:
Tweets:
Massive bubble with this much growth? Stop it. pic.twitter.com/ObtEdx8QHi
— Barry Schwartz (@BarrySchwartzBW) November 17, 2024
$NVDL (2x Nvidia ETF) is now bigger than $ARKK h/t @Todd_Sohn pic.twitter.com/b8jwLBQfRn
— Eric Balchunas (@EricBalchunas) November 11, 2024
Nvidia's total value, $3.65 trillion, is within a trillion dollars of the total value of Japan's Nikkei 225 Index, which itself is valued at $4.65tn. This is no small feat, as Japan is the second-largest stock market in the MSCI All Country World Index (ACWI). pic.twitter.com/pcyYXEutTP
— Jeff Weniger (@JeffWeniger) November 11, 2024
BofA: Median checking and savings deposit balances have declined over the past year for all income cohorts, but still remain above inflation-adjusted 2019 levels pic.twitter.com/jj8sDkXBKs
— Mike Zaccardi, CFA, CMT 🍖 (@MikeZaccardi) November 12, 2024
Bitcoin ETFs have crossed $90b in assets, after yesterday's $6b jump ($1b in flows $5b in mkt appreciation).. they now 72% of the way to passing gold ETFs in assets. pic.twitter.com/7I3TMC8CfZ
— Eric Balchunas (@EricBalchunas) November 12, 2024
JUGGERNAUT: $IBIT has hit the $40b asset mark (a mere two wks after hitting $30b) in a record 211 days, annihilating prev record of 1,253 days held by $IEMG. It's now in Top 1% of all ETFs by assets and at 10mo old it is bigger than all 2,800 ETFs launched in the past TEN years. pic.twitter.com/WTATlpShUq
— Eric Balchunas (@EricBalchunas) November 13, 2024
THE BENDS: Ethereum ETFs have made a quick and sudden rise from the deep dark depths of cumulative outflows following the Election, finally into fresh air and net inflows. What a chart.. @JSeyff pic.twitter.com/CpzhkHTykG
— Eric Balchunas (@EricBalchunas) November 18, 2024
$IBIT vs $QQQ … huge move higher in the last month.
Bitcoin no longer moving like the Qs pic.twitter.com/9R4LDVV33Z
— Mike Zaccardi, CFA, CMT 🍖 (@MikeZaccardi) November 15, 2024
#BITCOIN ETF OPTIONS TRADING WILL START TUESDAY
Options trading will begin on Tuesday on the $42 billion iShares Bitcoin Trust $IBIT, the largest of the Bitcoin exchange-traded funds, a Nasdaq spokesperson confirmed to Barron’s late Monday. The move offers a new way to trade,…
— *Walter Bloomberg (@DeItaone) November 19, 2024
Bitcoin is the currency of freedom , a hedge against inflation for middle class Americans,a remedy against the dollar’s downgrade from the world’s reserve currency, and the offramp from a ruinous national debt. Bitcoin will have no stronger advocate than Howard Lutnik.
— Robert F. Kennedy Jr (@RobertKennedyJr) November 16, 2024
Vuori raises $825 Mn at $5.5 Bn valuation. Earlier round was at $4 Bn in 2021. pic.twitter.com/CsjkEpTMUc
— Mostly Borrowed Ideas (@borrowed_ideas) November 9, 2024
This commenter wrote a sarcastic summary of my video without watching it. Just one problem — there's nothing wrong with buying luxury goods or raising your expenses or buying an expensive car!
Too many people in the personal finance community genuinely believe that spending… pic.twitter.com/nxl2SwvNO2
— Ramit Sethi (@ramit) November 17, 2024
Floyd Mayweather was in the top four most-watched fights this century — until this past weekend’s showdown on Netflix. 🥊 pic.twitter.com/ed5YYvdpLG
— Boardroom (@boardroom) November 18, 2024
Best case scenario, either X or Bluesky just up and dies
Worst case, they're both good for breaking news and I have to monitor both
Most likely case, I have to stay on X and it's a bit worse because the smart people who don't have to be here choose to migrate
— Joe Light (@joelight) November 18, 2024
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