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On today’s show, we discuss:
- Silicon Valley Tech Boom Lifts California’s Dreary Budget View
- Boom: Bubbles and the End of Stagnation
- Musk and Ramaswamy race to build a ‘DOGE’ team for war with Washington
- Investors confusing Bluesky with Toronto blockchain firm send stock soaring 1,767%
- https://bsky.app/profile/michaelbatnick.bsky.social
- American Companies Are Stocking Up to Get Ahead of Trump’s China Tariffs
- CBS News poll finds Trump starts on positive note as most approve of transition handling
- Why I’m Selling Some Bitcoin
- What is Michael Saylor Doing?
- Booming MicroStrategy ETFs Are Straining Limits at Prime Brokers
- America’s Homes Are Piggy Banks That Few People Can Afford to Raid
- What it takes to be “financially successful” by generation
Listen here:
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Tweets:
Boy, that escalated quickly… I mean, that really got out of hand fast. -Ron Burgundy pic.twitter.com/dxTSZ5u3hE
— Todd Sohn (@Todd_Sohn) November 21, 2024
Trump says he will implement a 25% tariff on Canada and Mexico on "ALL products coming into the United States" on his first day taking office. pic.twitter.com/lqt4AynhDN
— Kaitlan Collins (@kaitlancollins) November 25, 2024
95% of the world’s largest investors have zero exposure to bitcoin, but 95% of all bitcoin is already owned.
— Matt Hougan (@Matt_Hougan) November 25, 2024
depression is seeing that a 2x MSTR ETF with a 1.29% expense ratio has nearly twice the AUM of my firm
— Corey Hoffstein 🏴☠️ (@choffstein) November 20, 2024
And the survey says….
A difficult element in tracking this economic cycle is that "soft" data (surveys) has been weaker than the "hard" data.
Love this chart from @NFIB showing the convergence starting. Business/consumer surveys likely to be more indicative of real growth. pic.twitter.com/CDCbsJO495
— Matthew Miskin, CFA (@matthew_miskin) November 19, 2024
Taking my first driverless taxi! Pretty cool. pic.twitter.com/6QKZ6EtAoc
— Tom Morgan (@tomowenmorgan) November 22, 2024
BOX OFFICE: #Wicked wins the weekend w/ $114M (domestic), $164M (worldwide). That is:
– The biggest opening ever for a Broadway adaptation
– The 3rd biggest opening of the year (domestic)
– 4th biggest opening for a musical worldwide
– Biggest pre-Thanksgiving weekend since 2013 pic.twitter.com/ZwTRn8UyyE— Erik Davis (@ErikDavis) November 24, 2024
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