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On today’s show, we discuss:
- Come work with us at the Philly office!
- The American economy has left other rich countries in the dust
- What’s behind the surge in some American’s wealth?
- Archie Karas, a Gambling Legend Who Made–and Lost–a Fortune, Dies at 73
- State of Crypto Report 2024: New data on swing states, stablecoins, AI, builder energy, and more
- Stripe acquires stablecoin platform Bridge for $1.1 billion in crypto’s largest acquisition: TechCrunch founder
- High Home Prices Force Builders to Offer Mortgage Buydowns–and More
- Economic, Housing and Mortgage Market Outlook – October 2024 | Spotlight: First-Time Homebuyers
- Netflix earnings
- American Express earnings
- Proposed debit card surcharge ‘crackdown’ receives mixed reaction among customers, small business and big banks
- The Bottle-Throwing Night College Football Lost Its Mind
- Alien: Romulus is getting a VHS release
Recommendations:
Charts:
Tweets:
👀 GOLDMAN: "We estimate the S&P 500 will deliver an annualized nominal total return of 3% during the next 10 years (7th percentile since 1930) and roughly 1% on a real basis." pic.twitter.com/kp1ETB0YR9
— Sam Ro 📈 (@SamRo) October 18, 2024
One year ago, Nvidia $NVDA was estimated to generate $79.3 billion in revenue in FY25.
Now, Nvidia is estimated to generate more than $125.6 billion in FY25. pic.twitter.com/6k1LliOg4e
— Beth Kindig (@Beth_Kindig) October 17, 2024
The end of shrinkflation? Tostitos is adding more chips to bags after sales declinehttps://t.co/DRsaWvwds2
— Nathaniel Meyersohn (@nmeyersohn) October 16, 2024
Introducing… Battleshares https://t.co/24cArRKmaz pic.twitter.com/StVpJ0dfOg
— Eric Balchunas (@EricBalchunas) October 16, 2024
So nearly $1bil into spot btc ETFs in last 2 days…
For context, only 8 out of 560+ ETFs launched in 2024 have taken in more than $1bil for the *year*… https://t.co/C7U8WtKPko
— Nate Geraci (@NateGeraci) October 16, 2024
The most frequent question I get is: Who is selling #Bitcoin?
Here is the answer 👇 pic.twitter.com/zh8iSc0kMY
— HODL15Capital 🇺🇸 (@HODL15Capital) October 16, 2024
25.4% of mortgage borrowers have a rate above 5.00%
74.6% have a rate below 5.00%
The higher rate share is gradually increasing, as new buyers take on rates above 6.0% + borrowers slowly pay down
Subscribe to ResiClub & stay updated on housing: https://t.co/0pFIA4zn0x pic.twitter.com/PiNMfckpAe
— Lance Lambert (@NewsLambert) October 17, 2024
$NFLX update tomorrow morning at TSOH Investment Research pic.twitter.com/j8ozfPi39L
— Alex Morris (TSOH Investment Research) (@TSOH_Investing) October 20, 2024
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