- The Irrelevant Investor
- Posts
- Animal Spirits: The Leverage Mania
Animal Spirits: The Leverage Mania
Michael Batnick
November 27, 2024
Today's Animal Spirits is brought to you by Global X:
See here for more information on the full suite of Global X AI Ecosystem ETFs
On today’s show, we discuss:
Silicon Valley Tech Boom Lifts California's Dreary Budget View
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%
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
Booming MicroStrategy ETFs Are Straining Limits at Prime Brokers
America's Homes Are Piggy Banks That Few People Can Afford to Raid
The Compound Podcasts:
Charts:
Tweets:
Boy, that escalated quickly... I mean, that really got out of hand fast. -Ron Burgundy
— Todd Sohn (@Todd_Sohn)
9:58 PM • Nov 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.
— Kaitlan Collins (@kaitlancollins)
11:46 PM • Nov 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)
10:05 PM • Nov 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)
1:51 AM • Nov 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.
— Matthew Miskin, CFA (@matthew_miskin)
12:13 PM • Nov 19, 2024
Taking my first driverless taxi! Pretty cool.
— Tom Morgan (@tomowenmorgan)
8:12 PM • Nov 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— Erik Davis (@ErikDavis)
4:23 PM • Nov 24, 2024
Recommendations:
Contact us at [email protected] with any feedback, recommendations, or questions.
Check out our t-shirts, coffee mugs, and other swag here.
Subscribe here:
Nothing in this blog constitutes investment advice, performance data or any recommendation that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. Any opinions expressed herein do not constitute or imply endorsement, sponsorship, or recommendation by Ritholtz Wealth Management or its employees.
The Compound Media, Inc, an affiliate of Ritholtz Wealth Management, received compensation from the sponsor of this advertisement. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investing in speculative securities involves the risk of loss. Nothing on this website should be construed as, and may not be used in connection with, an offer to sell, or a solicitation of an offer to buy or hold, an interest in any security or investment product.