Biden is laughing his ass off right now!!
Markets are booming ridiculously:
- S&P 500 hits record high today at 6000.
- FATMANN:
- Bitcoin at $76,000.
- This does feel “frothy”
Fed Cut rates again.
- Federal-funds rate to a range between 4.5% and 4.75%. All 12 Fed voters backed the cut.
- Bad for money markets good for economic growth.
Netflix
- $798. Call it $800. All time high on
- Mkt cap about $340 billion.
- Tyson vs Jake Paul. 3-part documentary. Fight on Nov 15. Next Friday at 5:00pm.
Palantir and Nvidia
- Palantir: Up 40% in the week.
- Nvidia: All time high at $148. $3.6 trillion. Largest company in world.
Tesla:
- Stock at $326. $1 trillion market cap. Up 30% this week.
- $410 is high. So still 30% upside.
- Musk bet the farm. Could have been deported. Govt is/was after him.
- Lawsuits done.
- DOJ suing SpaceX for not hiring asylum seekers!
- ‘Gene Munster on Tesla and Robotaxi
- Autonomy IS HAPPENING! Now less govt regulation.
- Robots: Xping in China showing of Robots. Why is this good?! Robot videos.
Politics
- Biden seems skippy!
- Key difference now is long form podcasts! I (and others) really got to know Donald, JD, Tulsi, RFK. I didn’t hear an interview with ANYONE on Kamala’s team.
- Andrew Yang said HUGE mistake not going on Joe Rogan.
- BTW, don’t forget Rogan endorsed Bernie! He got screwed. So did Tulsi and RFK, because they refused to be puppets.
Dems: Time to return to “normal”
- Maybe have a primary next time!
- Immigration: Bill Clinton in 1995 on immigration.
- Forever foreign wars and industrial military complex.
- Over regulation 450 govt agencies! and over-spending!
- Inflation is messy, but was clearly on people’s minds
- Defunding Police!? People want clean safe neighborhoods.
Final Point: Good reset opportunity. We’ll be fine.
Wait One more thing:
- Epstein list!!! These guys are fucked! More than 150 names may be made public as part of a settled civil lawsuit against British socialite Ghislaine Maxwell — who was found guilty of conspiring with Epstein to sexually abuse underage girls for at least a decade — Maxwell "the mastermind" behind Epstein's sex trafficking ring.
- Diddy videos! Probably funny.
University of Oregon: Leonard Serrato. Here what he has to say!
Recommendations?
- Get outside!
- Save and invest your money.